Arakawa Chemical Industries (TSE:4968) Scaled Net Operating Assets: 0.74 (As of Mar. 2026)

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TSE:4968 Arakawa Chemical Industries Ltd TSE:4968
63 GF Score
Price 円2,193.00
GF Value 円1,216.22
Valuation Significantly Overvalued
! 11 Warning Signs
View Full Analysis

What is Arakawa Chemical Industries Scaled Net Operating Assets?

Arakawa Chemical Industries TSE:4968 +0.78% 63 Scaled Net Operating Assets is 0.74 as of Mar. 2026. GuruFocus rates TSE:4968 with a GF Score™ of 63/100 and a GF Value™ of 円1,216.22 (Significantly Overvalued). The stock has 11 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.

Arakawa Chemical Industries's operating assets for the quarter that ended in Mar. 2026 was 円115,464 Mil. Arakawa Chemical Industries's operating liabilities for the quarter that ended in Mar. 2026 was 円26,039 Mil. Arakawa Chemical Industries's Total Assets for the quarter that ended in Sep. 2025 was 円121,261 Mil. Therefore, Arakawa Chemical Industries's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.74.


Arakawa Chemical Industries Scaled Net Operating Assets Historical Data

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The historical data trend for Arakawa Chemical Industries'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.

Arakawa Chemical Industries Scaled Net Operating Assets Chart

Arakawa Chemical Industries 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 0.75 0.69 0.74 0.70 0.73

Arakawa Chemical Industries 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 0.72 0.70 0.71 0.72 0.74

TSE:4968 vs LIN, SHW, ECL: Scaled Net Operating Assets Comparison

For the Specialty Chemicals subindustry, Arakawa Chemical Industries'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.


Arakawa Chemical Industries Scaled Net Operating Assets vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Arakawa Chemical Industries's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Arakawa Chemical Industries's Scaled Net Operating Assets falls into.


TSE:4968
63GF Score
Arakawa Chemical Industries Ltd TSE:4968
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arakawa Chemical Industries 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.

Arakawa Chemical Industries'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 )
=(115464-26039)/122297
=0.73

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=126059 - 10595
=115464

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=66819 - 12907 - 27873
=26039

Arakawa Chemical Industries'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 )
=(115464-26039)/121261
=0.74

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=126059 - 10595
=115464

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=66819 - 12907 - 27873
=26039

* 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 0.74 mean?
Arakawa Chemical Industries (TSE:4968) has a Scaled Net Operating Assets of 0.74 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 Arakawa Chemical Industries and its competitors.
Is Arakawa Chemical Industries' Scaled Net Operating Assets too high?
Arakawa Chemical Industries' current Scaled Net Operating Assets is 0.74. Overall, Arakawa Chemical Industries has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Arakawa Chemical Industries' Scaled Net Operating Assets compare to LIN and SHW?
Arakawa Chemical Industries' Scaled Net Operating Assets of 0.74 can be compared against companies in the Chemicals 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 Chemicals company?
A good Scaled Net Operating Assets depends on the Chemicals 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 Arakawa Chemical Industries and its competitors. Arakawa Chemical Industries's current Scaled Net Operating Assets is 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arakawa Chemical Industries stock overvalued right now?
Based on GuruFocus' analysis, Arakawa Chemical Industries (TSE:4968) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,216.22, compared to a current price of 円2,193.00 — trading 80.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.74. Arakawa Chemical Industries' overall GF Score™ is 63/100 with 11 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 Arakawa Chemical Industries (TSE:4968), the current Scaled Net Operating Assets is 0.74 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 Arakawa Chemical Industries (TSE:4968) Overvalued in 2026?

Based on GuruFocus' analysis, Arakawa Chemical Industries stock appears to be overvalued. The current stock price of 円2,193.00 is trading 80.3% above its estimated GF Value™ of 円1,216.22. GuruFocus considers Arakawa Chemical Industries to be Significantly Overvalued.

Key valuation signals for TSE:4968:

  • Scaled Net Operating Assets: 0.74
  • GF Value™: 円1,216.22 vs. price of 円2,193.00 (80.3% above fair value)
  • GF Score™: 63/100 with 11 warning signs

No single metric tells the full story. See the TSE:4968 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Arakawa Chemical Industries Business Description

Address No. 3, No. 1, Hirano-cho, Chuo-ku, Osaka, JPN, 541-0046
Arakawa Chemical Industries Ltd is engaged in the production and sales of paper chemicals, resins for printing inks, resins for adhesives/adhesives, and intermediates for electronic materials. It manufactures various paper chemicals including water-repellents, sizing agents, paper surface improving agents, and paper strengthening, and other types of papers. It also provides printing inks for offset printing; book (magazine)-gravures and food-package-gravures. It also offers electronic materials, including rosins for use as raw material of chemicals and electronic components.
63GF Score

Get the complete analysis for TSE:4968

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

円2,193.00
Price
円1,216.22
GF Value