Miyoshi Oil & Fat Co (TSE:4404) ROE %: 4.27% (As of Dec. 2025) — 15% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:4404 Miyoshi Oil & Fat Co Ltd TSE:4404
69 GF Score
Price 円1,893.00
GF Value 円1,571.87
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Miyoshi Oil & Fat Co ROE %?

Miyoshi Oil & Fat Co TSE:4404 +1.12% 69 ROE % is 4.27% as of Dec. 2025, which is 15% above its 10-year median of 3.70. GuruFocus rates TSE:4404 with a GF Score™ of 69/100 and a GF Value™ of 円1,571.87 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,920 Consumer Packaged Goods companies, Miyoshi Oil & Fat Co ranks better than 90.62% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Miyoshi Oil & Fat Co's annualized net income for the quarter that ended in Dec. 2025 was 円1,752 Mil. Miyoshi Oil & Fat Co's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was 円41,006 Mil. Therefore, Miyoshi Oil & Fat Co's annualized ROE % for the quarter that ended in Dec. 2025 was 4.27%.

The historical rank and industry rank for Miyoshi Oil & Fat Co's ROE % or its related term are showing as below:

TSE:4404' s ROE % Range Over the Past 10 Years
Min: -1.08   Med: 3.7   Max: 26.11
Current: 25.52

During the past 13 years, Miyoshi Oil & Fat Co's highest ROE % was 26.11%. The lowest was -1.08%. And the median was 3.70%.

TSE:4404's ROE % is ranked better than
90.62% of 1920 companies
in the Consumer Packaged Goods industry
Industry Median: 6.755 vs TSE:4404: 25.52

Miyoshi Oil & Fat Co  (TSE:4404) 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: Dec. 2025 )
=Net Income/Total Stockholders Equity
=1752/41006
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1752 / 59864)*(59864 / 85434)*(85434 / 41006)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.93 %*0.7007*2.0835
=ROA %*Equity Multiplier
=2.05 %*2.0835
=4.27 %

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: Dec. 2025 )
=Net Income/Total Stockholders Equity
=1752/41006
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1752 / 2490) * (2490 / 2816) * (2816 / 59864) * (59864 / 85434) * (85434 / 41006)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7036 * 0.8842 * 4.7 % * 0.7007 * 2.0835
=4.27 %

Note: The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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.


Miyoshi Oil & Fat Co ROE % Related Terms


Miyoshi Oil & Fat Co ROE % Historical Data

* Premium members only.

The historical data trend for Miyoshi Oil & Fat 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.

Miyoshi Oil & Fat Co ROE % Chart

Miyoshi Oil & Fat Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.74 -1.08 7.88 9.52 26.11

Miyoshi Oil & Fat Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROE % 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 11.08 16.36 2.71 49.65 4.27

TSE:4404 vs KHC, GIS: ROE % Comparison

For the Packaged Foods subindustry, Miyoshi Oil & Fat 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.


Miyoshi Oil & Fat Co ROE % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Miyoshi Oil & Fat Co's ROE % distribution charts can be found below:

* The bar in red indicates where Miyoshi Oil & Fat Co's ROE % falls into.


TSE:4404
69GF Score
Miyoshi Oil & Fat Co Ltd TSE:4404
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Miyoshi Oil & Fat Co ROE % Calculation

Miyoshi Oil & Fat Co's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=9616/( (31027+42625)/ 2 )
=9616/36826
=26.11 %

Miyoshi Oil & Fat Co's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Jun. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=1752/( (39387+42625)/ 2 )
=1752/41006
=4.27 %

* 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 (Dec. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 4.27% mean?
Miyoshi Oil & Fat Co (TSE:4404) has a ROE % of 4.27% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Miyoshi Oil & Fat Co and its competitors. This is 15% above median its historical median of 3.70. According to the industry distribution chart, Miyoshi Oil & Fat Co ranks #180 out of 1920 companies in the Consumer Packaged Goods industry, placing it in the top 9.4%.
Is Miyoshi Oil & Fat Co's ROE % too high?
Miyoshi Oil & Fat Co's current ROE % of 4.27% is 15% above median its 10-year median of 3.70. The Consumer Packaged Goods industry median ROE % is 6.76. Miyoshi Oil & Fat Co's value of 4.27% is 36.8% below this industry median. Based on the distribution chart, Miyoshi Oil & Fat Co ranks #180 out of 1920 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Miyoshi Oil & Fat Co has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Miyoshi Oil & Fat Co's ROE % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Miyoshi Oil & Fat Co ranks #180 out of 1920 companies for ROE %. This places Miyoshi Oil & Fat Co in the top 9% of its industry — outperforming the majority of peers. The industry median ROE % is 6.76. Miyoshi Oil & Fat Co's value of 4.27% is 36.8% below this benchmark. While the company's 10-year median is 3.70 vs. the industry median of 6.76, Miyoshi Oil & Fat Co has consistently been below 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 Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.76, based on 1,920 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. Miyoshi Oil & Fat Co's current ROE % of 4.27% is 36.8% 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 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 Miyoshi Oil & Fat Co and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Miyoshi Oil & Fat Co's current ROE % is 4.27%, which is 15% above median its own 10-year median of 3.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miyoshi Oil & Fat Co stock overvalued right now?
Based on GuruFocus' analysis, Miyoshi Oil & Fat Co (TSE:4404) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,571.87, compared to a current price of 円1,893.00 — trading 20.4% above its estimated fair value. The current ROE % is 4.27%, which is 15% above median its 10-year median of 3.70 and 36.8% below the Consumer Packaged Goods industry median of 6.76. Miyoshi Oil & Fat Co's overall GF Score™ is 69/100 with 2 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 Miyoshi Oil & Fat Co (TSE:4404), the current ROE % is 4.27% as of Dec. 2025. 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 Miyoshi Oil & Fat Co (TSE:4404) Overvalued in 2026?

Based on GuruFocus' analysis, Miyoshi Oil & Fat Co stock appears to be overvalued. The current stock price of 円1,893.00 is trading 20.4% above its estimated GF Value™ of 円1,571.87. GuruFocus considers Miyoshi Oil & Fat Co to be Modestly Overvalued.

Key valuation signals for TSE:4404:

  • ROE %: 4.27% (15% above median its 10-year median of 3.70)
  • GF Value™: 円1,571.87 vs. price of 円1,893.00 (20.4% above fair value)
  • GF Score™: 69/100 with 2 warning signs
  • Industry Position: 36.8% below the Consumer Packaged Goods median (#180 of 1920)

No single metric tells the full story. See the TSE:4404 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Miyoshi Oil & Fat Co Business Description

Address 66-1 Horikiri 4-chome, Katsushika-ku, Tokyo, JPN
Miyoshi Oil & Fat Co Ltd is engaged in the manufacture and sale of margarine, shortenings, lard, whipped cream, and powdered and other edible processed fats and oils. The company has two reportable segments: Food Business and Oil and Chemical Business. Food Business includes margarine, shortening, lard, powdered oils and fats, whipped cream, and other edible processed oils and fats. The oil and chemical business includes fatty acids, glycerin, industrial soap, other industrial oils and fats, textile treatment agents, defoamers, cosmetic raw materials, Heavy metal collectors, heavy metal fixers, and other various surfactants.
69GF Score

Get the complete analysis for TSE:4404

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

円1,893.00
Price
円1,571.87
GF Value