Kanamoto Co (TSE:9678) ROE %: 8.56% (As of Apr. 2026) — 15% Above Median

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TSE:9678 Kanamoto Co Ltd TSE:9678
80 GF Score
Price 円5,090.00
GF Value 円3,323.86
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Kanamoto Co ROE %?

Kanamoto Co TSE:9678 -0.39% 80 ROE % is 8.56% as of Apr. 2026, which is 15% above its 10-year median of 7.44. GuruFocus rates TSE:9678 with a GF Score™ of 80/100 and a GF Value™ of 円3,323.86 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,057 Business Services companies, Kanamoto Co ranks better than 52.22% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Kanamoto Co's annualized net income for the quarter that ended in Apr. 2026 was 円12,984 Mil. Kanamoto Co's average Total Stockholders Equity over the quarter that ended in Apr. 2026 was 円151,748 Mil. Therefore, Kanamoto Co's annualized ROE % for the quarter that ended in Apr. 2026 was 8.56%.

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

TSE:9678' s ROE % Range Over the Past 10 Years
Min: 5.04   Med: 7.44   Max: 13.19
Current: 8.68

During the past 13 years, Kanamoto Co's highest ROE % was 13.19%. The lowest was 5.04%. And the median was 7.44%.

TSE:9678's ROE % is ranked better than
52.22% of 1057 companies
in the Business Services industry
Industry Median: 8.1 vs TSE:9678: 8.68

Kanamoto Co  (TSE:9678) 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: Apr. 2026 )
=Net Income/Total Stockholders Equity
=12984/151747.5
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(12984 / 211112)*(211112 / 328969)*(328969 / 151747.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.15 %*0.6417*2.1679
=ROA %*Equity Multiplier
=3.95 %*2.1679
=8.56 %

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: Apr. 2026 )
=Net Income/Total Stockholders Equity
=12984/151747.5
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (12984 / 20540) * (20540 / 18964) * (18964 / 211112) * (211112 / 328969) * (328969 / 151747.5)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6321 * 1.0831 * 8.98 % * 0.6417 * 2.1679
=8.56 %

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


Kanamoto Co ROE % Related Terms


Kanamoto Co ROE % Historical Data

* Premium members only.

The historical data trend for Kanamoto 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.

Kanamoto Co ROE % Chart

Kanamoto Co Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.24 6.45 5.04 6.57 7.64

Kanamoto Co Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 5.48 5.82 10.32 9.96 8.56

TSE:9678 vs URI, SUNB, AER: ROE % Comparison

For the Rental & Leasing Services subindustry, Kanamoto 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.


Kanamoto Co ROE % vs Business Services Industry

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

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


TSE:9678
80GF Score
Kanamoto Co Ltd TSE:9678
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kanamoto Co ROE % Calculation

Kanamoto Co's annualized ROE % for the fiscal year that ended in Oct. 2025 is calculated as

ROE %=Net Income (A: Oct. 2025 )/( (Total Stockholders Equity (A: Oct. 2024 )+Total Stockholders Equity (A: Oct. 2025 ))/ count )
=10977/( (140007+147228)/ 2 )
=10977/143617.5
=7.64 %

Kanamoto Co's annualized ROE % for the quarter that ended in Apr. 2026 is calculated as

ROE %=Net Income (Q: Apr. 2026 )/( (Total Stockholders Equity (Q: Jan. 2026 )+Total Stockholders Equity (Q: Apr. 2026 ))/ count )
=12984/( (150398+153097)/ 2 )
=12984/151747.5
=8.56 %

* 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 (Apr. 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 8.56% mean?
Kanamoto Co (TSE:9678) has a ROE % of 8.56% as of Apr. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Kanamoto Co and its competitors. This is 15% above median its historical median of 7.44. Over the past decade, Kanamoto Co's ROE % has ranged from 5.04 to 13.19. According to the industry distribution chart, Kanamoto Co ranks #505 out of 1057 companies in the Business Services industry, placing it in the top 47.8%.
Is Kanamoto Co's ROE % too high?
Kanamoto Co's current ROE % of 8.56% is 15% above median its 10-year median of 7.44. Over the past 10 years, this metric has ranged from a low of 5.04 to a high of 13.19. The Business Services industry median ROE % is 8.10. Kanamoto Co's value of 8.56% is 5.7% above this industry median. Based on the distribution chart, Kanamoto Co ranks #505 out of 1057 companies in the Business Services industry, which is above the industry midpoint. Overall, Kanamoto Co has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kanamoto Co's ROE % compare to URI and SUNB?
According to the Business Services industry distribution chart, Kanamoto Co ranks #505 out of 1057 companies for ROE %. This puts Kanamoto Co in the upper half of its industry. The industry median ROE % is 8.10. Kanamoto Co's value of 8.56% is 5.7% above this benchmark. Historically, Kanamoto Co's own ROE % has ranged from 5.04 to 13.19 over the past decade. While the company's 10-year median is 7.44 vs. the industry median of 8.10, Kanamoto 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 1,057 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. Kanamoto Co's current ROE % of 8.56% is 5.7% 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 Kanamoto 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. Kanamoto Co's current ROE % is 8.56%, which is 15% above median its own 10-year median of 7.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanamoto Co stock overvalued right now?
Based on GuruFocus' analysis, Kanamoto Co (TSE:9678) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,323.86, compared to a current price of 円5,090.00 — trading 53.1% above its estimated fair value. The current ROE % is 8.56%, which is 15% above median its 10-year median of 7.44 and 5.7% above the Business Services industry median of 8.10. Kanamoto Co's overall GF Score™ is 80/100 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 Kanamoto Co (TSE:9678), the current ROE % is 8.56% as of Apr. 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 Kanamoto Co (TSE:9678) Overvalued in 2026?

Based on GuruFocus' analysis, Kanamoto Co stock appears to be overvalued. The current stock price of 円5,090.00 is trading 53.1% above its estimated GF Value™ of 円3,323.86. GuruFocus considers Kanamoto Co to be Significantly Overvalued.

Key valuation signals for TSE:9678:

  • ROE %: 8.56% (15% above median its 10-year median of 7.44)
  • GF Value™: 円3,323.86 vs. price of 円5,090.00 (53.1% above fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 5.7% above the Business Services median (#505 of 1057)

No single metric tells the full story. See the TSE:9678 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kanamoto Co Business Description

Address 1-19, Odori Higashi 3-chome Chuo-ku, Sapporo, Hokkaido, JPN, 060-0041
Kanamoto Co Ltd is a provider of construction equipment rentals. The company operates three business segments: construction equipment rental, steel products, and computing products. The construction equipment rental business is Kanamoto's core business, accounting for most of the company's revenue. The company owns various hand tools and construction equipment, such as dump trucks and hydraulic excavators, which it rents out to its customers. The steel products business sells various construction materials for engineering and construction works. The computing products business provides rentals and sale of computer-related equipment. Kanamoto operates in Asia.
80GF Score

Get the complete analysis for TSE:9678

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

円5,090.00
Price
円3,323.86
GF Value