Nippon Ichi Software (TSE:3851) ROCE %: -1.39% (As of Mar. 2026)

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TSE:3851 Nippon Ichi Software Inc TSE:3851
60 GF Score
Price 円896.00
GF Value 円662.08
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Nippon Ichi Software ROCE %?

Nippon Ichi Software TSE:3851 +0.67% 60 ROCE % is -1.39% as of Mar. 2026. GuruFocus rates TSE:3851 with a GF Score™ of 60/100 and a GF Value™ of 円662.08 (Significantly Overvalued). The stock has 7 warning signs investors should review.

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. Nippon Ichi Software's annualized ROCE % for the quarter that ended in Mar. 2026 was -1.39%.

Nippon Ichi Software  (TSE:3851) 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.

Nippon Ichi Software ROCE % Related Terms

Nippon Ichi Software ROCE % Historical Data

* Premium members only.

The historical data trend for Nippon Ichi Software'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.

Nippon Ichi Software ROCE % Chart

Nippon Ichi Software Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.70 13.11 10.00 -0.59 -2.77

Nippon Ichi Software Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.63 -2.91 1.71 -4.22 -1.39
TSE:3851
60GF Score
Nippon Ichi Software Inc TSE:3851
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Ichi Software ROCE % Calculation

Nippon Ichi Software's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=-256.607/( ( (11154.198 - 1967.302) + (11267.005 - 1905.397) )/ 2 )
=-256.607/( (9186.896+9361.608)/ 2 )
=-256.607/9274.252
=-2.77 %

Nippon Ichi Software's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=-128.398/( ( (11203.285 - 2134.852) + (11267.005 - 1905.397) )/ 2 )
=-128.398/( ( 9068.433 + 9361.608 )/ 2 )
=-128.398/9215.0205
=-1.39 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -1.39% mean?
Nippon Ichi Software (TSE:3851) has a ROCE % of -1.39% as of Mar. 2026.
Is Nippon Ichi Software's ROCE % too high?
Nippon Ichi Software's current ROCE % is -1.39%. Overall, Nippon Ichi Software has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Ichi Software's ROCE % compare to NTES and EA?
Nippon Ichi Software's ROCE % of -1.39% can be compared against companies in the Interactive Media industry. The industry median ROCE % is 3.00. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Interactive Media company?
The median ROCE % among Interactive Media companies is 3.00, based on 544 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Interactive Media industry, the median ROCE % is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Ichi Software's current ROCE % is -1.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Ichi Software stock overvalued right now?
Based on GuruFocus' analysis, Nippon Ichi Software (TSE:3851) is currently considered Significantly Overvalued. The stock's GF Value™ is 円662.08, compared to a current price of 円896.00 — trading 35.3% above its estimated fair value. The current ROCE % is -1.39%. Nippon Ichi Software's overall GF Score™ is 60/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Nippon Ichi Software (TSE:3851), the current ROCE % is -1.39% as of Mar. 2026. 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 Ichi Software (TSE:3851) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Ichi Software stock appears to be overvalued. The current stock price of 円896.00 is trading 35.3% above its estimated GF Value™ of 円662.08. GuruFocus considers Nippon Ichi Software to be Significantly Overvalued.

Key valuation signals for TSE:3851:

  • ROCE %: -1.39%
  • GF Value™: 円662.08 vs. price of 円896.00 (35.3% above fair value)
  • GF Score™: 60/100 with 7 warning signs

No single metric tells the full story. See the TSE:3851 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nippon Ichi Software Business Description

Address 3-17 Tsukiokacho, Sohara, Gifu Prefecture, Kakamigahara, JPN
Nippon Ichi Software Inc is engaged in developing, manufacturing, and selling computer software in Japan and other Asian countries, North America, and Europe. It develops software for consumer game machines, mobile game machines, mobile phones, smartphones, arcades, and produces content of various genres. Its segments include Entertainment Business and Student Dormitories & Other Businesses.
60GF Score

Get the complete analysis for TSE:3851

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円896.00
Price
円662.08
GF Value