Minato Holdings (TSE:6862) ROE %: 46.97% (As of Mar. 2026) — 285% Above Median

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TSE:6862 Minato Holdings Inc TSE:6862
85 GF Score
Price 円2,009.00
GF Value 円1,654.15
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Minato Holdings ROE %?

Minato Holdings TSE:6862 +1.67% 85 ROE % is 46.97% as of Mar. 2026, which is 285% above its 10-year median of 12.20. GuruFocus rates TSE:6862 with a GF Score™ of 85/100 and a GF Value™ of 円1,654.15 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,431 Hardware companies, Minato Holdings ranks better than 95.89% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Minato Holdings's annualized net income for the quarter that ended in Mar. 2026 was 円3,393 Mil. Minato Holdings's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円7,224 Mil. Therefore, Minato Holdings's annualized ROE % for the quarter that ended in Mar. 2026 was 46.97%.

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

TSE:6862' s ROE % Range Over the Past 10 Years
Min: 0.54   Med: 12.2   Max: 31.08
Current: 31.08

During the past 13 years, Minato Holdings's highest ROE % was 31.08%. The lowest was 0.54%. And the median was 12.20%.

TSE:6862's ROE % is ranked better than
95.89% of 2431 companies
in the Hardware industry
Industry Median: 4.66 vs TSE:6862: 31.08

Minato Holdings  (TSE:6862) 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
=3392.876/7223.748
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3392.876 / 48105.004)*(48105.004 / 25993.8485)*(25993.8485 / 7223.748)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.05 %*1.8506*3.5984
=ROA %*Equity Multiplier
=13.05 %*3.5984
=46.97 %

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
=3392.876/7223.748
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (3392.876 / 5661.554) * (5661.554 / 7065.202) * (7065.202 / 48105.004) * (48105.004 / 25993.8485) * (25993.8485 / 7223.748)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5993 * 0.8013 * 14.69 % * 1.8506 * 3.5984
=46.97 %

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.


Minato Holdings ROE % Related Terms


Minato Holdings ROE % Historical Data

* Premium members only.

The historical data trend for Minato Holdings'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.

Minato Holdings ROE % Chart

Minato Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.13 14.30 29.41 6.41 30.15

Minato Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 6.60 8.08 4.70 13.44 46.97

TSE:6862 vs SNDK, DELL, STX: ROE % Comparison

For the Computer Hardware subindustry, Minato Holdings'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.


Minato Holdings ROE % vs Hardware Industry

For the Hardware industry and Technology sector, Minato Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where Minato Holdings's ROE % falls into.


TSE:6862
85GF Score
Minato Holdings Inc TSE:6862
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Minato Holdings ROE % Calculation

Minato Holdings'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 )
=2108.883/( (5908.699+8081.361)/ 2 )
=2108.883/6995.03
=30.15 %

Minato Holdings'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 )
=3392.876/( (6366.135+8081.361)/ 2 )
=3392.876/7223.748
=46.97 %

* 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 46.97% mean?
Minato Holdings (TSE:6862) has a ROE % of 46.97% 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 Minato Holdings and its competitors. This is 285% above median its historical median of 12.20. Over the past decade, Minato Holdings' ROE % has ranged from 0.54 to 31.08. According to the industry distribution chart, Minato Holdings ranks #100 out of 2431 companies in the Hardware industry, placing it in the top 4.1%.
Is Minato Holdings' ROE % too high?
Minato Holdings' current ROE % of 46.97% is 285% above median its 10-year median of 12.20. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 31.08. The Hardware industry median ROE % is 4.66. Minato Holdings' value of 46.97% is 907.9% above this industry median. Based on the distribution chart, Minato Holdings ranks #100 out of 2431 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Minato Holdings has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Minato Holdings' ROE % compare to SNDK and DELL?
According to the Hardware industry distribution chart, Minato Holdings ranks #100 out of 2431 companies for ROE %. This places Minato Holdings in the top 4% of its industry — outperforming the majority of peers. The industry median ROE % is 4.66. Minato Holdings' value of 46.97% is 907.9% above this benchmark. Historically, Minato Holdings' own ROE % has ranged from 0.54 to 31.08 over the past decade. While the company's 10-year median is 12.20 vs. the industry median of 4.66, Minato Holdings 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 Hardware company?
The median ROE % among Hardware companies is 4.66, based on 2,431 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. Minato Holdings's current ROE % of 46.97% is 907.9% 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 Minato Holdings and its competitors. For the Hardware industry, the median ROE % is 4.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minato Holdings's current ROE % is 46.97%, which is 285% above median its own 10-year median of 12.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minato Holdings stock overvalued right now?
Based on GuruFocus' analysis, Minato Holdings (TSE:6862) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,654.15, compared to a current price of 円2,009.00 — trading 21.5% above its estimated fair value. The current ROE % is 46.97%, which is 285% above median its 10-year median of 12.20 and 907.9% above the Hardware industry median of 4.66. Minato Holdings' overall GF Score™ is 85/100 with 6 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 Minato Holdings (TSE:6862), the current ROE % is 46.97% 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 Minato Holdings (TSE:6862) Overvalued in 2026?

Based on GuruFocus' analysis, Minato Holdings stock appears to be overvalued. The current stock price of 円2,009.00 is trading 21.5% above its estimated GF Value™ of 円1,654.15. GuruFocus considers Minato Holdings to be Modestly Overvalued.

Key valuation signals for TSE:6862:

  • ROE %: 46.97% (285% above median its 10-year median of 12.20)
  • GF Value™: 円1,654.15 vs. price of 円2,009.00 (21.5% above fair value)
  • GF Score™: 85/100 with 6 warning signs
  • Industry Position: 907.9% above the Hardware median (#100 of 2431)

No single metric tells the full story. See the TSE:6862 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Minato Holdings Business Description

Address 4-21-3 Shimbashi, 6th Flooe, Shimbashi Tokyu Building, Minato-ku, Kanagawa, JPN, 105-0004
Minato Holdings Inc is a Japan-based company engaged in four core business segments: Digital Devices, Digital Engineering, ICT Products, and Others. The Digital Devices segment includes the manufacturing and sale of industrial-use memory modules like DIMMs, as well as eMMC, eMCP, and mobile accessories. The Digital Engineering segment covers device programming, digital signage systems, and software and hardware development, including OEM and ODM services. The ICT Products segment handles the sale and maintenance of digital AV equipment and PCs. The Others segment includes investments in domestic ventures and solar power projects.
85GF Score

Get the complete analysis for TSE:6862

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

円2,009.00
Price
円1,654.15
GF Value