Bank of Innovation (TSE:4393) ROCE %: 36.43% (As of Mar. 2026)


TSE:4393 Bank of Innovation Inc TSE:4393
88 GF Score
Price 円4,495.00
GF Value 円5,039.34
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Bank of Innovation ROCE %?

Bank of Innovation TSE:4393 +1.93% 88 ROCE % is 36.43% as of Mar. 2026. GuruFocus rates TSE:4393 with a GF Score™ of 88/100 and a GF Value™ of 円5,039.34 (Modestly Undervalued). The stock has 1 warning sign 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. Bank of Innovation's annualized ROCE % for the quarter that ended in Mar. 2026 was 36.43%.

Bank of Innovation  (TSE:4393) 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.

Bank of Innovation ROCE % Related Terms

Bank of Innovation ROCE % Historical Data

* Premium members only.

The historical data trend for Bank of Innovation'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.

Bank of Innovation ROCE % Chart

Bank of Innovation Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -39.91 -75.24 198.59 30.88 40.93

Bank of Innovation Semi-Annual Data
Sep16 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 57.01 4.01 42.11 41.54 36.43
TSE:4393
88GF Score
Bank of Innovation Inc TSE:4393
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bank of Innovation ROCE % Calculation

Bank of Innovation's annualized ROCE % for the fiscal year that ended in Sep. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=2154/( ( (5802 - 1193) + (7943 - 2027) )/ 2 )
=2154/( (4609+5916)/ 2 )
=2154/5262.5
=40.93 %

Bank of Innovation'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 )
=2306/( ( (7943 - 2027) + (8312 - 1568) )/ 2 )
=2306/( ( 5916 + 6744 )/ 2 )
=2306/6330
=36.43 %

(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 36.43% mean?
Bank of Innovation (TSE:4393) has a ROCE % of 36.43% as of Mar. 2026.
Is Bank of Innovation's ROCE % too high?
Bank of Innovation's current ROCE % is 36.43%. The Interactive Media industry median ROCE % is 3.15. Bank of Innovation's value of 36.43% is 1056.5% above this industry median. Overall, Bank of Innovation has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bank of Innovation's ROCE % compare to NTES and EA?
Bank of Innovation's ROCE % of 36.43% can be compared against companies in the Interactive Media industry. The industry median ROCE % is 3.15. Bank of Innovation's value of 36.43% is 1056.5% above this benchmark. 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 3.15, based on 545 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. Bank of Innovation's current ROCE % of 36.43% is 1056.5% 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 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 3.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bank of Innovation's current ROCE % is 36.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank of Innovation stock overvalued right now?
Based on GuruFocus' analysis, Bank of Innovation (TSE:4393) is currently considered Modestly Undervalued. The stock's GF Value™ is 円5,039.34, compared to a current price of 円4,495.00 — trading 10.8% below its estimated fair value. The current ROCE % is 36.43% and 1056.5% above the Interactive Media industry median of 3.15. Bank of Innovation's overall GF Score™ is 88/100 with 1 warning sign 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 Bank of Innovation (TSE:4393), the current ROCE % is 36.43% 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 Bank of Innovation (TSE:4393) Overvalued in 2026?

Based on GuruFocus' analysis, Bank of Innovation stock appears to be undervalued. The current stock price of 円4,495.00 is trading 10.8% below its estimated GF Value™ of 円5,039.34. GuruFocus considers Bank of Innovation to be Modestly Undervalued.

Key valuation signals for TSE:4393:

  • ROCE %: 36.43%
  • GF Value™: 円5,039.34 vs. price of 円4,495.00 (10.8% below fair value)
  • GF Score™: 88/100 with 1 warning sign
  • Industry Position: 1056.5% above the Interactive Media median

No single metric tells the full story. See the TSE:4393 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Bank of Innovation Business Description

Address 6-27-30 Shinjuku, Shinjuku East Square, shinjuku-ku, Tokyo, JPN, 160-0022
Bank of Innovation Inc is engaged in development and operation of game application for smartphone. Some of the products offered by the company include mitrasphere, cryptolact, and conquest fighting.
88GF Score

Get the complete analysis for TSE:4393

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

円4,495.00
Price
円5,039.34
GF Value