Reiwa Accounting Holdings Co (TSE:296A) ROE %: 70.10% (As of Mar. 2026) — 120% Above Median

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TSE:296A Reiwa Accounting Holdings Co Ltd TSE:296A
23 GF Score
Price 円735.00
! 3 Warning Signs
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What is Reiwa Accounting Holdings Co ROE %?

Reiwa Accounting Holdings Co TSE:296A -0.81% 23 ROE % is 70.10% as of Mar. 2026, which is 120% above its 10-year median of 31.89. GuruFocus rates TSE:296A with a GF Score™ of 23/100. The stock has 3 warning signs investors should review. Among 1,059 Business Services companies, Reiwa Accounting Holdings Co ranks better than 97.17% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Reiwa Accounting Holdings Co's annualized net income for the quarter that ended in Mar. 2026 was 円1,714 Mil. Reiwa Accounting Holdings Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円2,445 Mil. Therefore, Reiwa Accounting Holdings Co's annualized ROE % for the quarter that ended in Mar. 2026 was 70.10%.

The historical rank and industry rank for Reiwa Accounting Holdings Co's ROE % or its related term are showing as below:

TSE:296A' s ROE % Range Over the Past 10 Years
Min: 16.3   Med: 31.89   Max: 53.41
Current: 53.41

During the past 4 years, Reiwa Accounting Holdings Co's highest ROE % was 53.41%. The lowest was 16.30%. And the median was 31.89%.

TSE:296A's ROE % is ranked better than
97.17% of 1059 companies
in the Business Services industry
Industry Median: 8.1 vs TSE:296A: 53.41

Reiwa Accounting Holdings Co  (TSE:296A) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1713.974/2444.9265
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1713.974 / 6100.854)*(6100.854 / 3753.547)*(3753.547 / 2444.9265)
=Net Margin %*Asset Turnover*Equity Multiplier
=28.09 %*1.6254*1.5352
=ROA %*Equity Multiplier
=45.66 %*1.5352
=70.10 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1713.974/2444.9265
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1713.974 / 2343.506) * (2343.506 / 2334.616) * (2334.616 / 6100.854) * (6100.854 / 3753.547) * (3753.547 / 2444.9265)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7314 * 1.0038 * 38.27 % * 1.6254 * 1.5352
=70.10 %

Note: The net income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Reiwa Accounting Holdings Co ROE % Related Terms


Reiwa Accounting Holdings Co ROE % Historical Data

* Premium members only.

The historical data trend for Reiwa Accounting Holdings Co's ROE % 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.

Reiwa Accounting Holdings Co ROE % Chart

Reiwa Accounting Holdings Co Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROE %
16.30 26.43 37.34 49.59

Reiwa Accounting Holdings Co Semi-Annual Data
Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
ROE % Get a 7-Day Free Trial 0.00 35.88 43.93 42.25 70.10

TSE:296A vs CTAS, CPRT, ULS: ROE % Comparison

For the Specialty Business Services subindustry, Reiwa Accounting Holdings Co's ROE %, along with its competitors' market caps and ROE % 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.


Reiwa Accounting Holdings Co ROE % vs Business Services Industry

For the Business Services industry and Industrials sector, Reiwa Accounting Holdings Co's ROE % distribution charts can be found below:

* The bar in red indicates where Reiwa Accounting Holdings Co's ROE % falls into.


TSE:296A
23GF Score
Reiwa Accounting Holdings Co Ltd TSE:296A
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Reiwa Accounting Holdings Co ROE % Calculation

Reiwa Accounting Holdings Co's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=1421.215/( (3092.26+2640.068)/ 2 )
=1421.215/2866.164
=49.59 %

Reiwa Accounting Holdings Co's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=1713.974/( (2249.785+2640.068)/ 2 )
=1713.974/2444.9265
=70.10 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 70.10% mean?
Reiwa Accounting Holdings Co (TSE:296A) has a ROE % of 70.10% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Reiwa Accounting Holdings Co and its competitors. This is 120% above median its historical median of 31.89. Over the past decade, Reiwa Accounting Holdings Co's ROE % has ranged from 16.30 to 53.41. According to the industry distribution chart, Reiwa Accounting Holdings Co ranks #30 out of 1059 companies in the Business Services industry, placing it in the top 2.8%.
Is Reiwa Accounting Holdings Co's ROE % too high?
Reiwa Accounting Holdings Co's current ROE % of 70.10% is 120% above median its 10-year median of 31.89. Over the past 10 years, this metric has ranged from a low of 16.30 to a high of 53.41. The Business Services industry median ROE % is 8.10. Reiwa Accounting Holdings Co's value of 70.10% is 765.4% above this industry median. Based on the distribution chart, Reiwa Accounting Holdings Co ranks #30 out of 1059 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Reiwa Accounting Holdings Co has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Reiwa Accounting Holdings Co's ROE % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Reiwa Accounting Holdings Co ranks #30 out of 1059 companies for ROE %. This places Reiwa Accounting Holdings Co in the top 3% of its industry — outperforming the majority of peers. The industry median ROE % is 8.10. Reiwa Accounting Holdings Co's value of 70.10% is 765.4% above this benchmark. Historically, Reiwa Accounting Holdings Co's own ROE % has ranged from 16.30 to 53.41 over the past decade. While the company's 10-year median is 31.89 vs. the industry median of 8.10, Reiwa Accounting Holdings Co 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 ROE % for a Business Services company?
The median ROE % among Business Services companies is 8.10, based on 1,059 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Reiwa Accounting Holdings Co's current ROE % of 70.10% is 765.4% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Reiwa Accounting Holdings Co and its competitors. For the Business Services industry, the median ROE % is 8.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reiwa Accounting Holdings Co's current ROE % is 70.10%, which is 120% above median its own 10-year median of 31.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reiwa Accounting Holdings Co stock overvalued right now?
Reiwa Accounting Holdings Co (TSE:296A) has a current ROE % of 70.10%. The current ROE % is 70.10%, which is 120% above median its 10-year median of 31.89 and 765.4% above the Business Services industry median of 8.10. Reiwa Accounting Holdings Co's overall GF Score™ is 23/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Reiwa Accounting Holdings Co (TSE:296A), the current ROE % is 70.10% 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.

Reiwa Accounting Holdings Co Business Description

Address 1-4-1 Nihonbashi, 13th floor, Nihonbashi 1-chome Building, Chuo-ku, Tokyo, JPN, 103-0027
Reiwa Accounting Holdings Co Ltd provides comprehensive support to large corporations, firstly publicly listed companies, in daily accounting operations, financial closing, consolidation, disclosure, and M&A support. The company ensures seamless assistance and builds long-term relationships.
23GF Score

Get the complete analysis for TSE:296A

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

円735.00
Price