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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. NIPPON CONCEPT's annualizedNet Income for the quarter that ended in Jun. 2025 was 円1,181 Mil.
NIPPON CONCEPT's average Total Assets over the quarter that ended in Jun. 2025 was 円27,228 Mil. Therefore, NIPPON CONCEPT's annualized ROA % for the quarter that ended in Jun. 2025 was 4.34%.
The historical rank and industry rank for NIPPON CONCEPT's ROA % or its related term are showing as below:
TSE:9386'
s ROA % Range Over the Past 10 Years
Min: 5.42 Med: 8.12 Max: 13.44
Current: 5.42
During the past 13 years, NIPPON CONCEPT's highest ROA % was 13.44%. The lowest was 5.42%. And the median was 8.12%.
TSE:9386's ROA % is not ranked
in the Oil & Gas industry.
Industry Median: 2.535
vs TSE:9386: 5.42
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is two times the semi-annual (Jun. 2025) net income data. The Revenue data used here is two times the semi-annual (Jun. 2025) revenue data.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
NIPPON CONCEPT ROA % Related Terms
NIPPON CONCEPT ROA % Historical Data
* Premium members only.
The historical data trend for NIPPON CONCEPT's ROA % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas Midstream subindustry, NIPPON CONCEPT's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
NIPPON CONCEPT ROA % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NIPPON CONCEPT's ROA % distribution charts can be found below:
* The bar in red indicates where NIPPON CONCEPT's ROA % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Jun. 2025) net income data.
ROA % is displayed in the 30-year financial page.
NIPPON CONCEPT (TSE:9386) has a ROA % of 4.34% as of Jun. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on NIPPON CONCEPT and its competitors. This is 47% below median its historical median of 8.12. Over the past decade, NIPPON CONCEPT's ROA % has ranged from 5.42 to 13.44.
Is NIPPON CONCEPT's ROA % too high?
NIPPON CONCEPT's current ROA % of 4.34% is 47% below median its 10-year median of 8.12. Over the past 10 years, this metric has ranged from a low of 5.42 to a high of 13.44. The Oil & Gas industry median ROA % is 2.54. NIPPON CONCEPT's value of 4.34% is 71.2% above this industry median. Overall, NIPPON CONCEPT has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does NIPPON CONCEPT's ROA % compare to WMB and EPD?
NIPPON CONCEPT's ROA % of 4.34% can be compared against companies in the Oil & Gas industry. The industry median ROA % is 2.54. NIPPON CONCEPT's value of 4.34% is 71.2% above this benchmark. Historically, NIPPON CONCEPT's own ROA % has ranged from 5.42 to 13.44 over the past decade. While the company's 10-year median is 8.12 vs. the industry median of 2.54, NIPPON CONCEPT has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for an Oil & Gas company?
The median ROA % among Oil & Gas companies is 2.54, based on 1,032 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NIPPON CONCEPT's current ROA % of 4.34% is 71.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on NIPPON CONCEPT and its competitors. For the Oil & Gas industry, the median ROA % is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NIPPON CONCEPT's current ROA % is 4.34%, which is 47% below median its own 10-year median of 8.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIPPON CONCEPT stock overvalued right now?
NIPPON CONCEPT (TSE:9386) has a current ROA % of 4.34%. The stock's GF Value™ is 円1,801.56, compared to a current price of 円3,045.00 — trading 69% above its estimated fair value. The current ROA % is 4.34%, which is 47% below median its 10-year median of 8.12 and 71.2% above the Oil & Gas industry median of 2.54. NIPPON CONCEPT's overall GF Score™ is 68/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For NIPPON CONCEPT (TSE:9386), the current ROA % is 4.34% as of Jun. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is NIPPON CONCEPT (TSE:9386) Overvalued in 2026?
Based on GuruFocus' analysis, NIPPON CONCEPT stock appears to be overvalued.
The current stock price of 円3,045.00 is trading 69% above its estimated GF Value™ of 円1,801.56.
Key valuation signals for TSE:9386:
ROA %: 4.34% (47% below median its 10-year median of 8.12)
GF Value™: 円1,801.56 vs. price of 円3,045.00 (69% above fair value)
Industry Position: 71.2% above the Oil & Gas median
No single metric tells the full story. See the TSE:9386 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NIPPON CONCEPT Corp is engaged in the business of transportation of chemicals and various gases. The company is also involved in the storage of liquid cargo, recovery and destruction of freon gas, cleaning and maintenance of chemical tank containers, and storage and inspection of gas tank containers.
68GF Score
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