Kawai Musical Instruments Manufacturing Co (TSE:7952) ROCE %: 5.92% (As of Mar. 2026)


TSE:7952 Kawai Musical Instruments Manufacturing Co Ltd TSE:7952
64 GF Score
Price 円3,210.00
GF Value 円2,733.98
Valuation Modestly Overvalued
! 11 Warning Signs
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What is Kawai Musical Instruments Manufacturing Co ROCE %?

Kawai Musical Instruments Manufacturing Co TSE:7952 -0.16% 64 ROCE % is 5.92% as of Mar. 2026. GuruFocus rates TSE:7952 with a GF Score™ of 64/100 and a GF Value™ of 円2,733.98 (Modestly Overvalued). The stock has 11 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. Kawai Musical Instruments Manufacturing Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 5.92%.

Kawai Musical Instruments Manufacturing Co  (TSE:7952) 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.

Kawai Musical Instruments Manufacturing Co ROCE % Related Terms

Kawai Musical Instruments Manufacturing Co ROCE % Historical Data

* Premium members only.

The historical data trend for Kawai Musical Instruments Manufacturing Co'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.

Kawai Musical Instruments Manufacturing Co ROCE % Chart

Kawai Musical Instruments Manufacturing Co 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 16.18 11.48 8.05 0.77 3.06

Kawai Musical Instruments Manufacturing Co 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 6.61 -0.75 2.28 0.24 5.92
TSE:7952
64GF Score
Kawai Musical Instruments Manufacturing Co Ltd TSE:7952
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kawai Musical Instruments Manufacturing Co ROCE % Calculation

Kawai Musical Instruments Manufacturing Co'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 )
=1764/( ( (73991 - 17475) + (78879 - 20215) )/ 2 )
=1764/( (56516+58664)/ 2 )
=1764/57590
=3.06 %

Kawai Musical Instruments Manufacturing Co'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 )
=3392/( ( (73223 - 17221) + (78879 - 20215) )/ 2 )
=3392/( ( 56002 + 58664 )/ 2 )
=3392/57333
=5.92 %

(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 5.92% mean?
Kawai Musical Instruments Manufacturing Co (TSE:7952) has a ROCE % of 5.92% as of Mar. 2026.
Is Kawai Musical Instruments Manufacturing Co's ROCE % too high?
Kawai Musical Instruments Manufacturing Co's current ROCE % is 5.92%. The Travel & Leisure industry median ROCE % is 6.11. Kawai Musical Instruments Manufacturing Co's value of 5.92% is 3.1% below this industry median. Overall, Kawai Musical Instruments Manufacturing Co has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kawai Musical Instruments Manufacturing Co's ROCE % compare to AS and HAS?
Kawai Musical Instruments Manufacturing Co's ROCE % of 5.92% can be compared against companies in the Travel & Leisure industry. The industry median ROCE % is 6.11. Kawai Musical Instruments Manufacturing Co's value of 5.92% is 3.1% below 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 a Travel & Leisure company?
The median ROCE % among Travel & Leisure companies is 6.11, based on 832 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. Kawai Musical Instruments Manufacturing Co's current ROCE % of 5.92% is 3.1% below 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 Travel & Leisure industry, the median ROCE % is 6.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kawai Musical Instruments Manufacturing Co's current ROCE % is 5.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kawai Musical Instruments Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Kawai Musical Instruments Manufacturing Co (TSE:7952) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,733.98, compared to a current price of 円3,210.00 — trading 17.4% above its estimated fair value. The current ROCE % is 5.92% and 3.1% below the Travel & Leisure industry median of 6.11. Kawai Musical Instruments Manufacturing Co's overall GF Score™ is 64/100 with 11 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 Kawai Musical Instruments Manufacturing Co (TSE:7952), the current ROCE % is 5.92% 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 Kawai Musical Instruments Manufacturing Co (TSE:7952) Overvalued in 2026?

Based on GuruFocus' analysis, Kawai Musical Instruments Manufacturing Co stock appears to be overvalued. The current stock price of 円3,210.00 is trading 17.4% above its estimated GF Value™ of 円2,733.98. GuruFocus considers Kawai Musical Instruments Manufacturing Co to be Modestly Overvalued.

Key valuation signals for TSE:7952:

  • ROCE %: 5.92%
  • GF Value™: 円2,733.98 vs. price of 円3,210.00 (17.4% above fair value)
  • GF Score™: 64/100 with 11 warning signs
  • Industry Position: 3.1% below the Travel & Leisure median

No single metric tells the full story. See the TSE:7952 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Kawai Musical Instruments Manufacturing Co Business Description

Address 200 Terajima-cho Naka-ku, Shizuoka, Hamamatsu, JPN, 430-8665
Kawai Musical Instruments Manufacturing Co Ltd is a Japan-based musical instrument manufacturer. The company is mainly engaged in manufacturing and sales of musical instruments, precision metals, wood products, and electronic devices. Products offered by the company include grand pianos, upright pianos, digital pianos, hybrid pianos, and anytime pianos. It sells its products under the brand name Philosophy, Legacy, Artists, Competitions, and Institutions. Kawai has world-wide sales networks, it distributes its products in Europe, America, Asia and Oceania, Africa and the Middle East. The company is also engaged in the development and sales of software and operations of music schools, and gymnastics schools.
64GF Score

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

円3,210.00
Price
円2,733.98
GF Value