Kuze Co (TSE:2708) Scaled Net Operating Assets: 0.29 (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.

TSE:2708 Kuze Co Ltd TSE:2708
69 GF Score
Price 円2,001.00
GF Value 円2,088.34
Valuation Fairly Valued
View Full Analysis

What is Kuze Co Scaled Net Operating Assets?

Kuze Co TSE:2708 -0.10% 69 Scaled Net Operating Assets is 0.29 as of Mar. 2026. GuruFocus rates TSE:2708 with a GF Score™ of 69/100 and a GF Value™ of 円2,088.34 (Fairly Valued).

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

Kuze Co's operating assets for the quarter that ended in Mar. 2026 was 円20,388 Mil. Kuze Co's operating liabilities for the quarter that ended in Mar. 2026 was 円13,359 Mil. Kuze Co's Total Assets for the quarter that ended in Sep. 2025 was 円24,284 Mil. Therefore, Kuze Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.29.


Kuze Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Kuze 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.

Kuze Co Scaled Net Operating Assets Chart

Kuze 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 0.31 0.29 0.23 0.23 0.31

Kuze 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 0.19 0.22 0.26 0.25 0.29

TSE:2708 vs SYY, USFD, PFGC: Scaled Net Operating Assets Comparison

For the Food Distribution subindustry, Kuze 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.


Kuze Co Scaled Net Operating Assets vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Kuze Co's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:2708
69GF Score
Kuze Co Ltd TSE:2708
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kuze 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.

Kuze 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 )
=(20388-13359)/22969
=0.31

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=24722 - 4334
=20388

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15059 - 1050 - 650
=13359

Kuze 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 )
=(20388-13359)/24284
=0.29

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=24722 - 4334
=20388

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15059 - 1050 - 650
=13359

* 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 0.29 mean?
Kuze Co (TSE:2708) has a Scaled Net Operating Assets of 0.29 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 Kuze Co and its competitors.
Is Kuze Co's Scaled Net Operating Assets too high?
Kuze Co's current Scaled Net Operating Assets is 0.29. Overall, Kuze Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kuze Co's Scaled Net Operating Assets compare to SYY and USFD?
Kuze Co's Scaled Net Operating Assets of 0.29 can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Scaled Net Operating Assets depends on the Retail - Defensive 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 Kuze Co and its competitors. Kuze Co's current Scaled Net Operating Assets is 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kuze Co stock overvalued right now?
Based on GuruFocus' analysis, Kuze Co (TSE:2708) is currently considered Fairly Valued. The stock's GF Value™ is 円2,088.34, compared to a current price of 円2,001.00 — trading 4.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.29. Kuze Co's overall GF Score™ is 69/100. 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 Kuze Co (TSE:2708), the current Scaled Net Operating Assets is 0.29 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 Kuze Co (TSE:2708) Overvalued in 2026?

Based on GuruFocus' analysis, Kuze Co stock appears to be undervalued. The current stock price of 円2,001.00 is trading 4.2% below its estimated GF Value™ of 円2,088.34. GuruFocus considers Kuze Co to be Fairly Valued.

Key valuation signals for TSE:2708:

  • Scaled Net Operating Assets: 0.29
  • GF Value™: 円2,088.34 vs. price of 円2,001.00 (4.2% below fair value)
  • GF Score™: 69/100

No single metric tells the full story. See the TSE:2708 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kuze Co Business Description

Address 29-7, 2-Chome, Higashi Ikebukuro, Toshima-Ku, Tokyo, JPN
Kuze Co Ltd is a Japan-based company engages in the wholesale of food and related materials. It distributes its products to hotels, community centers, restaurants, pub restaurants, fast-food restaurants, catering, delicatessen, in-flight meal services. It is also engaged in the sale of imported food ingredients and catalog sale of food ingredients.
69GF Score

Get the complete analysis for TSE:2708

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

円2,001.00
Price
円2,088.34
GF Value