Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Meiji Holdings Co's operating assets for the quarter that ended in Mar. 2026 was 円1,192,510 Mil. Meiji Holdings Co's operating liabilities for the quarter that ended in Mar. 2026 was 円331,625 Mil. Meiji Holdings Co's Total Assets for the quarter that ended in Dec. 2025 was 円1,305,823 Mil. Therefore, Meiji Holdings Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.66.
Meiji Holdings Co Scaled Net Operating Assets Related Terms
Meiji Holdings Co Scaled Net Operating Assets Historical Data
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The historical data trend for Meiji Holdings 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.
Meiji Holdings Co Scaled Net Operating Assets Chart
TSE:2269 vs KHC, GIS: Scaled Net Operating Assets Comparison
For the Packaged Foods subindustry, Meiji Holdings 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.
Meiji Holdings Co Scaled Net Operating Assets vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Meiji Holdings Co's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Meiji Holdings Co's Scaled Net Operating Assets falls into.
* 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 0.66 mean?
Meiji Holdings Co (TSE:2269) has a Scaled Net Operating Assets of 0.66 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 Meiji Holdings Co and its competitors.
Is Meiji Holdings Co's Scaled Net Operating Assets too high?
Meiji Holdings Co's current Scaled Net Operating Assets is 0.66. Overall, Meiji Holdings Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Meiji Holdings Co's Scaled Net Operating Assets compare to KHC and GIS?
Meiji Holdings Co's Scaled Net Operating Assets of 0.66 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 Meiji Holdings Co and its competitors. Meiji Holdings Co's current Scaled Net Operating Assets is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiji Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Meiji Holdings Co (TSE:2269) is currently considered Fairly Valued. The stock's GF Value™ is 円3,758.81, compared to a current price of 円3,818.00 — trading 1.6% above its estimated fair value. The current Scaled Net Operating Assets is 0.66. Meiji Holdings Co's overall GF Score™ is 66/100 with 9 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 Meiji Holdings Co (TSE:2269), the current Scaled Net Operating Assets is 0.66 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 Meiji Holdings Co (TSE:2269) Overvalued in 2026?
Based on GuruFocus' analysis, Meiji Holdings Co stock appears to be overvalued.
The current stock price of 円3,818.00 is trading 1.6% above its estimated GF Value™ of 円3,758.81.
GuruFocus considers Meiji Holdings Co to be Fairly Valued.
Key valuation signals for TSE:2269:
Scaled Net Operating Assets: 0.66
GF Value™: 円3,758.81 vs. price of 円3,818.00 (1.6% above fair value)
No single metric tells the full story. See the TSE:2269 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meiji Holdings was established in 2009 as a merged entity of Meiji Dairies, Japan's largest dairy company, and Meiji Seika, the country's number-two confectionery maker. A surge in commodity prices, Japan's aging and shrinking population, and fierce competition propelled the amalgamation. The food business—dairy, cacao, nutrition, and food solutions—represents about 80% of the group's sales and 70% of profits. The rest comes from the pharmaceutical business, specializing in antibacterial and generic drugs, as well as vaccines. Overseas food operations, mainly in China, the US, and Southeast Asia, constitute merely 6.5% of the group's sales, which are in the red due to a surge in investment in China's new factories and fierce price competition initiated by Chinese dairymakers.
66GF Score
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