Kawanishi Warehouse Co (TSE:9322) ROIC %: 2.07% (As of Mar. 2026)


TSE:9322 Kawanishi Warehouse Co Ltd TSE:9322
45 GF Score
Price 円2,402.00
GF Value 円1,167.17
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Kawanishi Warehouse Co ROIC %?

Kawanishi Warehouse Co TSE:9322 -0.12% 45 ROIC % is 2.07% as of Mar. 2026. GuruFocus rates TSE:9322 with a GF Score™ of 45/100 and a GF Value™ of 円1,167.17 (Significantly Overvalued). The stock has 2 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Kawanishi Warehouse Co's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 2.07%.

As of today (2026-07-11), Kawanishi Warehouse Co's WACC % is 1.19%. Kawanishi Warehouse Co's ROIC % is 2.18% (calculated using TTM income statement data). Kawanishi Warehouse Co generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Kawanishi Warehouse Co  (TSE:9322) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Kawanishi Warehouse Co's WACC % is 1.19%. Kawanishi Warehouse Co's ROIC % is 2.18% (calculated using TTM income statement data). Kawanishi Warehouse Co generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Kawanishi Warehouse Co ROIC % Related Terms


Kawanishi Warehouse Co ROIC % Historical Data

* Premium members only.

The historical data trend for Kawanishi Warehouse Co's ROIC % 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.

Kawanishi Warehouse Co ROIC % Chart

Kawanishi Warehouse Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.75 2.01 2.99 2.06 2.17

Kawanishi Warehouse Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROIC % 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 2.89 2.19 1.99 2.29 2.07

TSE:9322 vs CTAS, CPRT, ULS: ROIC % Comparison

For the Specialty Business Services subindustry, Kawanishi Warehouse Co's ROIC %, along with its competitors' market caps and ROIC % 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.


Kawanishi Warehouse Co ROIC % vs Business Services Industry

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

* The bar in red indicates where Kawanishi Warehouse Co's ROIC % falls into.


TSE:9322
45GF Score
Kawanishi Warehouse Co Ltd TSE:9322
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kawanishi Warehouse Co ROIC % Calculation

Kawanishi Warehouse Co's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Mar. 2026 is calculated as:

ROIC % (A: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2025 ) + Invested Capital (A: Mar. 2026 ))/ count )
=1133.502 * ( 1 - 38.62% )/( (31638.774 + 32513.362)/ 2 )
=695.7435276/32076.068
=2.17 %

where

Invested Capital(A: Mar. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=38380.104 - 2082.579 - ( 5269.893 - max(0, 4956.599 - 9615.35+5269.893))
=31638.774

Invested Capital(A: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=40254.435 - 2011.6 - ( 5729.473 - max(0, 4216.215 - 10281.192+5729.473))
=32513.362

Kawanishi Warehouse Co's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=1085.292 * ( 1 - 38.66% )/( (31720.565 + 32513.362)/ 2 )
=665.7181128/32116.9635
=2.07 %

where

Invested Capital(Q: Sep. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=38214.718 - 2053.543 - ( 4683.666 - max(0, 4679.107 - 9119.717+4683.666))
=31720.565

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=40254.435 - 2011.6 - ( 5729.473 - max(0, 4216.215 - 10281.192+5729.473))
=32513.362

Note: The Operating Income data used here is two times the semi-annual (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of 2.07% mean?
Kawanishi Warehouse Co (TSE:9322) has a ROIC % of 2.07% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Kawanishi Warehouse Co and its competitors.
Is Kawanishi Warehouse Co's ROIC % too high?
Kawanishi Warehouse Co's current ROIC % is 2.07%. The Business Services industry median ROIC % is 5.96. Kawanishi Warehouse Co's value of 2.07% is 65.3% below this industry median. Overall, Kawanishi Warehouse Co has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kawanishi Warehouse Co's ROIC % compare to CTAS and CPRT?
Kawanishi Warehouse Co's ROIC % of 2.07% can be compared against companies in the Business Services industry. The industry median ROIC % is 5.96. Kawanishi Warehouse Co's value of 2.07% is 65.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Business Services company?
The median ROIC % among Business Services companies is 5.96, based on 1,074 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kawanishi Warehouse Co's current ROIC % of 2.07% is 65.3% 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Kawanishi Warehouse Co and its competitors. For the Business Services industry, the median ROIC % is 5.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kawanishi Warehouse Co's current ROIC % is 2.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kawanishi Warehouse Co stock overvalued right now?
Based on GuruFocus' analysis, Kawanishi Warehouse Co (TSE:9322) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,167.17, compared to a current price of 円2,402.00 — trading 105.8% above its estimated fair value. The current ROIC % is 2.07% and 65.3% below the Business Services industry median of 5.96. Kawanishi Warehouse Co's overall GF Score™ is 45/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Kawanishi Warehouse Co (TSE:9322), the current ROIC % is 2.07% 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 Kawanishi Warehouse Co (TSE:9322) Overvalued in 2026?

Based on GuruFocus' analysis, Kawanishi Warehouse Co stock appears to be overvalued. The current stock price of 円2,402.00 is trading 105.8% above its estimated GF Value™ of 円1,167.17. GuruFocus considers Kawanishi Warehouse Co to be Significantly Overvalued.

Key valuation signals for TSE:9322:

  • ROIC %: 2.07%
  • GF Value™: 円1,167.17 vs. price of 円2,402.00 (105.8% above fair value)
  • GF Score™: 45/100 with 2 warning signs
  • Industry Position: 65.3% below the Business Services median

No single metric tells the full story. See the TSE:9322 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kawanishi Warehouse Co Business Description

Address 1-4-16 Shichinomiya-cho, Hyogo-ku, Kobe, JPN, 652 0831
Kawanishi Warehouse Co Ltd provides refrigerated and General warehousing services, Label and price tag affixing, High-speed freezing, transport and delivery, and International logistics services, Port transportation and Shipping agent services, among others.
45GF Score

Get the complete analysis for TSE:9322

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

円2,402.00
Price
円1,167.17
GF Value