Aoyama Trading Co (TSE:8219) ROE %: 15.01% (As of Mar. 2026) — 360% Above Median

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TSE:8219 Aoyama Trading Co Ltd TSE:8219
71 GF Score
Price 円707.00
GF Value 円649.24
Valuation Fairly Valued
! 3 Warning Signs
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What is Aoyama Trading Co ROE %?

Aoyama Trading Co TSE:8219 71 ROE % is 15.01% as of Mar. 2026, which is 360% above its 10-year median of 3.26. GuruFocus rates TSE:8219 with a GF Score™ of 71/100 and a GF Value™ of 円649.24 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,094 Retail - Cyclical companies, Aoyama Trading Co ranks worse than 60.33% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Aoyama Trading Co's annualized net income for the quarter that ended in Mar. 2026 was 円26,020 Mil. Aoyama Trading Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円173,368 Mil. Therefore, Aoyama Trading Co's annualized ROE % for the quarter that ended in Mar. 2026 was 15.01%.

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

TSE:8219' s ROE % Range Over the Past 10 Years
Min: -21.81   Med: 3.26   Max: 5.87
Current: 3.96

During the past 13 years, Aoyama Trading Co's highest ROE % was 5.87%. The lowest was -21.81%. And the median was 3.26%.

TSE:8219's ROE % is ranked worse than
60.33% of 1094 companies
in the Retail - Cyclical industry
Industry Median: 6.505 vs TSE:8219: 3.96

Aoyama Trading Co  (TSE:8219) 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
=26020/173367.5
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(26020 / 240848)*(240848 / 301498.5)*(301498.5 / 173367.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.8 %*0.7988*1.7391
=ROA %*Equity Multiplier
=8.63 %*1.7391
=15.01 %

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
=26020/173367.5
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (26020 / 30584) * (30584 / 33168) * (33168 / 240848) * (240848 / 301498.5) * (301498.5 / 173367.5)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8508 * 0.9221 * 13.77 % * 0.7988 * 1.7391
=15.01 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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.


Aoyama Trading Co ROE % Related Terms


Aoyama Trading Co ROE % Historical Data

* Premium members only.

The historical data trend for Aoyama Trading 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.

Aoyama Trading Co ROE % Chart

Aoyama Trading Co 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 0.84 2.61 5.87 5.30 3.90

Aoyama Trading Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 17.75 1.46 -3.44 2.96 15.01

TSE:8219 vs TJX, ROST, BURL: ROE % Comparison

For the Apparel Retail subindustry, Aoyama Trading 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.


Aoyama Trading Co ROE % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Aoyama Trading Co's ROE % distribution charts can be found below:

* The bar in red indicates where Aoyama Trading Co's ROE % falls into.


TSE:8219
71GF Score
Aoyama Trading Co Ltd TSE:8219
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aoyama Trading Co ROE % Calculation

Aoyama Trading 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 )
=6918/( (177780+177093)/ 2 )
=6918/177436.5
=3.90 %

Aoyama Trading 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: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=26020/( (169642+177093)/ 2 )
=26020/173367.5
=15.01 %

* 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 four times the quarterly (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 15.01% mean?
Aoyama Trading Co (TSE:8219) has a ROE % of 15.01% 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 Aoyama Trading Co and its competitors. This is 360% above median its historical median of 3.26. According to the industry distribution chart, Aoyama Trading Co ranks #660 out of 1094 companies in the Retail - Cyclical industry, placing it in the top 60.3%.
Is Aoyama Trading Co's ROE % too high?
Aoyama Trading Co's current ROE % of 15.01% is 360% above median its 10-year median of 3.26. The Retail - Cyclical industry median ROE % is 6.51. Aoyama Trading Co's value of 15.01% is 130.7% above this industry median. Based on the distribution chart, Aoyama Trading Co ranks #660 out of 1094 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Aoyama Trading Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aoyama Trading Co's ROE % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Aoyama Trading Co ranks #660 out of 1094 companies for ROE %. This places Aoyama Trading Co in the lower half of its industry. The industry median ROE % is 6.51. Aoyama Trading Co's value of 15.01% is 130.7% above this benchmark. While the company's 10-year median is 3.26 vs. the industry median of 6.51, Aoyama Trading 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 Retail - Cyclical company?
The median ROE % among Retail - Cyclical companies is 6.51, based on 1,094 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. Aoyama Trading Co's current ROE % of 15.01% is 130.7% 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 Aoyama Trading Co and its competitors. For the Retail - Cyclical industry, the median ROE % is 6.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aoyama Trading Co's current ROE % is 15.01%, which is 360% above median its own 10-year median of 3.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aoyama Trading Co stock overvalued right now?
Based on GuruFocus' analysis, Aoyama Trading Co (TSE:8219) is currently considered Fairly Valued. The stock's GF Value™ is 円649.24, compared to a current price of 円707.00 — trading 8.9% above its estimated fair value. The current ROE % is 15.01%, which is 360% above median its 10-year median of 3.26 and 130.7% above the Retail - Cyclical industry median of 6.51. Aoyama Trading Co's overall GF Score™ is 71/100 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 Aoyama Trading Co (TSE:8219), the current ROE % is 15.01% 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 Aoyama Trading Co (TSE:8219) Overvalued in 2026?

Based on GuruFocus' analysis, Aoyama Trading Co stock appears to be overvalued. The current stock price of 円707.00 is trading 8.9% above its estimated GF Value™ of 円649.24. GuruFocus considers Aoyama Trading Co to be Fairly Valued.

Key valuation signals for TSE:8219:

  • ROE %: 15.01% (360% above median its 10-year median of 3.26)
  • GF Value™: 円649.24 vs. price of 円707.00 (8.9% above fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 130.7% above the Retail - Cyclical median (#660 of 1094)

No single metric tells the full story. See the TSE:8219 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aoyama Trading Co Business Description

Other Exchanges 9B7:Germany
Address 1-3-5 Ojimachi, Hiroshima Prefecture, Fukuyama, JPN, 721-8556
Aoyama Trading Co Ltd is an apparel retailer specializing in business wear. Men's business wear accounts for roughly two thirds of the company's total sales, while women's business wear accounts for roughly 10%. Business wear stores include Yofuku-no-Aoyama, which is the company's primary brand and has nearly 800 locations; The Suit Company; and Next Blue. Other business segments include casual wear, with store brands including Universal Language and Calaja; credit cards; printing and media; and total repair service, which includes the company's Mister Minit stores, providing repair services such as shoe repair and key duplication. Aoyama's sales are primarily in Japan, but the firm has business throughout the Asia-Pacific region.
71GF Score

Get the complete analysis for TSE:8219

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

円707.00
Price
円649.24
GF Value