JSS (TSE:6074) Scaled Net Operating Assets: 0.55 (As of Mar. 2026)


TSE:6074 JSS Corp TSE:6074
59 GF Score
Price 円498.00
GF Value 円527.07
Valuation Fairly Valued
! 2 Warning Signs
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What is JSS Scaled Net Operating Assets?

JSS TSE:6074 -1.19% 59 Scaled Net Operating Assets is 0.55 as of Mar. 2026. GuruFocus rates TSE:6074 with a GF Score™ of 59/100 and a GF Value™ of 円527.07 (Fairly Valued). The stock has 2 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.

JSS's operating assets for the quarter that ended in Mar. 2026 was 円6,208 Mil. JSS's operating liabilities for the quarter that ended in Mar. 2026 was 円2,082 Mil. JSS's Total Assets for the quarter that ended in Sep. 2025 was 円7,496 Mil. Therefore, JSS's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.55.


JSS Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for JSS'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.

JSS Scaled Net Operating Assets Chart

JSS 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 0.58 0.49 0.52 0.70 0.55

JSS 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 0.55 0.65 0.57 0.56 0.55

TSE:6074 vs AS, HAS, LTH: Scaled Net Operating Assets Comparison

For the Leisure subindustry, JSS'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.


JSS Scaled Net Operating Assets vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, JSS's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:6074
59GF Score
JSS Corp TSE:6074
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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JSS 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.

JSS'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 )
=(6208.18-2082.372)/7520.798
=0.55

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7340.245 - 1132.065
=6208.18

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4157.522 - 1130.813 - 944.337
=2082.372

JSS'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 )
=(6208.18-2082.372)/7496.086
=0.55

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7340.245 - 1132.065
=6208.18

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4157.522 - 1130.813 - 944.337
=2082.372

* 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 0.55 mean?
JSS (TSE:6074) has a Scaled Net Operating Assets of 0.55 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 JSS and its competitors.
Is JSS's Scaled Net Operating Assets too high?
JSS's current Scaled Net Operating Assets is 0.55. Overall, JSS has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does JSS's Scaled Net Operating Assets compare to AS and HAS?
JSS's Scaled Net Operating Assets of 0.55 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Scaled Net Operating Assets depends on the Travel & Leisure 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 JSS and its competitors. JSS's current Scaled Net Operating Assets is 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JSS stock overvalued right now?
Based on GuruFocus' analysis, JSS (TSE:6074) is currently considered Fairly Valued. The stock's GF Value™ is 円527.07, compared to a current price of 円498.00 — trading 5.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.55. JSS's overall GF Score™ is 59/100 with 2 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 JSS (TSE:6074), the current Scaled Net Operating Assets is 0.55 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 JSS (TSE:6074) Overvalued in 2026?

Based on GuruFocus' analysis, JSS stock appears to be undervalued. The current stock price of 円498.00 is trading 5.5% below its estimated GF Value™ of 円527.07. GuruFocus considers JSS to be Fairly Valued.

Key valuation signals for TSE:6074:

  • Scaled Net Operating Assets: 0.55
  • GF Value™: 円527.07 vs. price of 円498.00 (5.5% below fair value)
  • GF Score™: 59/100 with 2 warning signs

No single metric tells the full story. See the TSE:6074 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JSS Business Description

Address Kaneda Tosabori Building, 9th Floor, Osaka-shi Nishi-ku, Tosabori 1 - chome 4 - 11, Tokyo, JPN, 550-0001
JSS Corp is engaged in the operation of swimming schools. It operates a swimming school, tennis school, and fitness club. The company also sells sporting goods. Geographically the activities are carried out through Japan.
59GF Score

Get the complete analysis for TSE:6074

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

円498.00
Price
円527.07
GF Value