Iwatsuka Confectionery Co (TSE:2221) Scaled Net Operating Assets: 0.69 (As of Mar. 2026)

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TSE:2221 Iwatsuka Confectionery Co Ltd TSE:2221
70 GF Score
Price 円3,065.00
GF Value 円3,289.08
Valuation Fairly Valued
! 6 Warning Signs
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What is Iwatsuka Confectionery Co Scaled Net Operating Assets?

Iwatsuka Confectionery Co TSE:2221 70 Scaled Net Operating Assets is 0.69 as of Mar. 2026. GuruFocus rates TSE:2221 with a GF Score™ of 70/100 and a GF Value™ of 円3,289.08 (Fairly Valued). The stock has 6 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Iwatsuka Confectionery Co's operating assets for the quarter that ended in Mar. 2026 was 円90,123 Mil. Iwatsuka Confectionery Co's operating liabilities for the quarter that ended in Mar. 2026 was 円23,199 Mil. Iwatsuka Confectionery Co's Total Assets for the quarter that ended in Sep. 2025 was 円96,325 Mil. Therefore, Iwatsuka Confectionery Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.69.


Iwatsuka Confectionery Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Iwatsuka Confectionery Co's Scaled Net Operating Assets 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.

Iwatsuka Confectionery Co Scaled Net Operating Assets Chart

Iwatsuka Confectionery Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.61 0.74 0.75 0.74

Iwatsuka Confectionery Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Scaled Net Operating Assets 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 0.68 0.76 0.70 0.74 0.70

TSE:2221 vs MDLZ, HSY, TR: Scaled Net Operating Assets Comparison

For the Confectioners subindustry, Iwatsuka Confectionery Co's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.


Iwatsuka Confectionery Co Scaled Net Operating Assets vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Iwatsuka Confectionery Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Iwatsuka Confectionery Co's Scaled Net Operating Assets falls into.


TSE:2221
70GF Score
Iwatsuka Confectionery Co Ltd TSE:2221
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Iwatsuka Confectionery Co Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Iwatsuka Confectionery Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(90123.287-23199.192)/91104.718
=0.73

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=93055.727 - 2932.44
=90123.287

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=23203.592 - 0 - 4.4
=23199.192

Iwatsuka Confectionery Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Sep. 2025 )
=(90123.287-23199.192)/96325.437
=0.69

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=93055.727 - 2932.44
=90123.287

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=23203.592 - 0 - 4.4
=23199.192

* 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.

What does a Scaled Net Operating Assets of 0.69 mean?
Iwatsuka Confectionery Co (TSE:2221) has a Scaled Net Operating Assets of 0.69 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Iwatsuka Confectionery Co and its competitors.
Is Iwatsuka Confectionery Co's Scaled Net Operating Assets too high?
Iwatsuka Confectionery Co's current Scaled Net Operating Assets is 0.69. Overall, Iwatsuka Confectionery Co has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Iwatsuka Confectionery Co's Scaled Net Operating Assets compare to MDLZ and HSY?
Iwatsuka Confectionery Co's Scaled Net Operating Assets of 0.69 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Consumer Packaged Goods company?
A good Scaled Net Operating Assets depends on the Consumer Packaged Goods industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Iwatsuka Confectionery Co and its competitors. Iwatsuka Confectionery Co's current Scaled Net Operating Assets is 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iwatsuka Confectionery Co stock overvalued right now?
Based on GuruFocus' analysis, Iwatsuka Confectionery Co (TSE:2221) is currently considered Fairly Valued. The stock's GF Value™ is 円3,289.08, compared to a current price of 円3,065.00 — trading 6.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.69. Iwatsuka Confectionery Co's overall GF Score™ is 70/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Iwatsuka Confectionery Co (TSE:2221), the current Scaled Net Operating Assets is 0.69 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 Iwatsuka Confectionery Co (TSE:2221) Overvalued in 2026?

Based on GuruFocus' analysis, Iwatsuka Confectionery Co stock appears to be undervalued. The current stock price of 円3,065.00 is trading 6.8% below its estimated GF Value™ of 円3,289.08. GuruFocus considers Iwatsuka Confectionery Co to be Fairly Valued.

Key valuation signals for TSE:2221:

  • Scaled Net Operating Assets: 0.69
  • GF Value™: 円3,289.08 vs. price of 円3,065.00 (6.8% below fair value)
  • GF Score™: 70/100 with 6 warning signs

No single metric tells the full story. See the TSE:2221 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Iwatsuka Confectionery Co Business Description

Address 9750 Ura, Niigata Prefecture, Nagaoka, JPN, 949-5492
Iwatsuka Confectionery Co Ltd manufactures and sells rice crackers. It a Japanese firm. Its products include black bean rice crackers, pinch black pepper shrimp, cake flour, wet rice crackers and rice crackers for babies.
70GF Score

Get the complete analysis for TSE:2221

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円3,065.00
Price
円3,289.08
GF Value