Canon Marketing Japan (FRA:CNJ) ROCE % : 13.67% (As of Jun. 2024)

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What is Canon Marketing Japan ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Canon Marketing Japan's annualized ROCE % for the quarter that ended in Jun. 2024 was 13.67%.

Canon Marketing Japan ROCE % Historical Data

The historical data trend for Canon Marketing Japan's ROCE % 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.

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Canon Marketing Japan ROCE % Chart

Canon Marketing Japan Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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9.08

8.39

10.45

11.43

11.47

Canon Marketing Japan Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															9.56	13.74	12.22	13.67	9.57

Canon Marketing Japan ROCE % Calculation

Canon Marketing Japan's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	337.983	/	( ( (3804.553 - 756.111)	+	(3549.794 - 704.334) )	/ 2 )
	=	337.983	/	( (3048.442	+	2845.46)	/ 2 )
	=	337.983	/	2946.951
	=	11.47 %

Canon Marketing Japan's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	373.86	/	( ( (3462.922 - 704.664)	+	(3388.802 - 678.977) )	/ 2 )
	=	373.86	/	( ( 2758.258	+	2709.825 )	/ 2 )
	=	373.86	/	2734.0415
	=	13.67 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

Canon Marketing Japan (FRA:CNJ) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Canon Marketing Japan ROCE % Related Terms

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Canon Marketing Japan Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Canon Marketing Japan Inc (FRA:CNJ) » Definitions » ROCE %

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8060:Japan

Address

Canon S Tower, 16-6, Konan 2-Chome, Minato-ku, Tokyo, JPN, 108-8011

Website

http://canon.jp

Canon Marketing Japan Inc is in the business of distributing and selling Canon branded products and also provides marketing and other services. Its business segments are business solutions, Its solutions, imaging systems and industrial/medical. Its products and services include business use multifunctional products, commercial printing systems, laser printers, embedded software, system integration, digital cameras, interchangeable lenses, medical equipment and semi-conductor manufacturing equipment.

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