ARSWF (Arisawa Mfg Co) 10-Year ROIIC % : 33.03% (As of Mar. 2026)

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.

ARSWF Arisawa Mfg Co Ltd ARSWF
82 GF Score
Price $3.15
GF Value $2.22
! 2 Warning Signs
View Full Analysis

What is Arisawa Mfg Co 10-Year ROIIC %?

Arisawa Mfg Co ARSWF 82 10-Year ROIIC % is 33.03 as of Mar. 2026. GuruFocus rates ARSWF with a GF Score™ of 82/100 and a GF Value™ of $2.22. The stock has 2 warning signs investors should review. Among 2,169 Hardware companies, Arisawa Mfg Co ranks better than 87.23% on this metric.

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. Arisawa Mfg Co's 10-Year ROIIC % for the quarter that ended in Mar. 2026 was 33.03%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Arisawa Mfg Co's 10-Year ROIIC % or its related term are showing as below:

ARSWF's 10-Year ROIIC % is ranked better than
87.23% of 2169 companies
in the Hardware industry
Industry Median: 4.1 vs ARSWF: 33.03

Arisawa Mfg Co  (OTCPK:ARSWF) 10-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Arisawa Mfg Co 10-Year ROIIC % Related Terms


Arisawa Mfg Co 10-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Arisawa Mfg Co's 10-Year ROIIC % 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.

Arisawa Mfg Co 10-Year ROIIC % Chart

Arisawa Mfg Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.71 35.57 12.95 -39.09 33.03

Arisawa Mfg Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
10-Year ROIIC % 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 -39.09 0.00 0.00 0.00 33.03

ARSWF vs APH, GLW: 10-Year ROIIC % Comparison

For the Electronic Components subindustry, Arisawa Mfg Co's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % 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.


Arisawa Mfg Co 10-Year ROIIC % vs Hardware Industry

For the Hardware industry and Technology sector, Arisawa Mfg Co's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Arisawa Mfg Co's 10-Year ROIIC % falls into.


ARSWF
82GF Score
Arisawa Mfg Co Ltd ARSWF
10-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arisawa Mfg Co 10-Year ROIIC % Calculation

Arisawa Mfg Co's 10-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 27.7782312 (Mar. 2026) - 19.6342628 (Mar. 2016) )/( 353.239 (Mar. 2026) - 437.616 (Mar. 2016) )
=8.1439684/-84.377
=-9.65%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 10-Year ROIIC % →
What does a 10-Year ROIIC % of 33.03 mean?
Arisawa Mfg Co (ARSWF) has a 10-Year ROIIC % of 33.03 as of Mar. 2026. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Arisawa Mfg Co and its competitors. According to the industry distribution chart, Arisawa Mfg Co ranks #277 out of 2169 companies in the Hardware industry, placing it in the top 12.8%.
Is Arisawa Mfg Co's 10-Year ROIIC % too high?
Arisawa Mfg Co's current 10-Year ROIIC % is 33.03. The Hardware industry median 10-Year ROIIC % is 4.10. Arisawa Mfg Co's value of 33.03 is 705.6% above this industry median. Based on the distribution chart, Arisawa Mfg Co ranks #277 out of 2169 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Arisawa Mfg Co has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Arisawa Mfg Co's 10-Year ROIIC % compare to APH and GLW?
According to the Hardware industry distribution chart, Arisawa Mfg Co ranks #277 out of 2169 companies for 10-Year ROIIC %. This places Arisawa Mfg Co in the top 13% of its industry — outperforming the majority of peers. The industry median 10-Year ROIIC % is 4.10. Arisawa Mfg Co's value of 33.03 is 705.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 10-Year ROIIC % for a Hardware company?
The median 10-Year ROIIC % among Hardware companies is 4.10, based on 2,169 companies in the industry. Companies in the top quartile (top 25%) have a 10-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 10-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Arisawa Mfg Co's current 10-Year ROIIC % of 33.03 is 705.6% 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 10-Year ROIIC % mean?
A high 10-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Arisawa Mfg Co and its competitors. For the Hardware industry, the median 10-Year ROIIC % is 4.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arisawa Mfg Co's current 10-Year ROIIC % is 33.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arisawa Mfg Co stock overvalued right now?
Arisawa Mfg Co (ARSWF) has a current 10-Year ROIIC % of 33.03. The stock's GF Value™ is $2.22, compared to a current price of $3.15 — trading 41.9% above its estimated fair value. The current 10-Year ROIIC % is 33.03 and 705.6% above the Hardware industry median of 4.10. Arisawa Mfg Co's overall GF Score™ is 82/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 10-Year ROIIC % calculated?
10-Year ROIIC % is calculated from a company's financial statements. For Arisawa Mfg Co (ARSWF), the current 10-Year ROIIC % is 33.03 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 Arisawa Mfg Co (ARSWF) Overvalued in 2026?

Based on GuruFocus' analysis, Arisawa Mfg Co stock appears to be overvalued. The current stock price of $3.15 is trading 41.9% above its estimated GF Value™ of $2.22.

Key valuation signals for ARSWF:

  • 10-Year ROIIC %: 33.03
  • GF Value™: $2.22 vs. price of $3.15 (41.9% above fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 705.6% above the Hardware median (#277 of 2169)

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


Arisawa Mfg Co Business Description

Other Exchanges 5208:Japan
Address 1-5-5 Minamihon town City, Niigata Prefecture, Joetsu, JPN, 943-8610
Arisawa Mfg Co Ltd is a Japanese based company, engages in the manufacture and sale of electronic materials of electronic materials. The company provides electronic materials used in personal computers and cellular phones; and optoelectronic materials such as Fresnel lenses for projection TV; electrical insulating materials; and structural materials. It also offers display materials comprising anti-reflection films, 3D display filters, special optical films, 3D display equipment, polarizing plates, hard-coating films, and projection screens.
82GF Score

Get the complete analysis for ARSWF

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

$3.15
Price
$2.22
GF Value