Toyo Kanetsu KK (TSE:6369) Scaled Net Operating Assets: 0.71 (As of Mar. 2026)

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TSE:6369 Toyo Kanetsu KK TSE:6369
79 GF Score
Price 円2,452.00
GF Value 円2,289.94
Valuation Fairly Valued
! 2 Warning Signs
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What is Toyo Kanetsu KK Scaled Net Operating Assets?

Toyo Kanetsu KK TSE:6369 +0.70% 79 Scaled Net Operating Assets is 0.71 as of Mar. 2026. GuruFocus rates TSE:6369 with a GF Score™ of 79/100 and a GF Value™ of 円2,289.94 (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.

Toyo Kanetsu KK's operating assets for the quarter that ended in Mar. 2026 was 円62,384 Mil. Toyo Kanetsu KK's operating liabilities for the quarter that ended in Mar. 2026 was 円16,135 Mil. Toyo Kanetsu KK's Total Assets for the quarter that ended in Dec. 2025 was 円64,787 Mil. Therefore, Toyo Kanetsu KK's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.71.


Toyo Kanetsu KK Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Toyo Kanetsu KK'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.

Toyo Kanetsu KK Scaled Net Operating Assets Chart

Toyo Kanetsu KK 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 0.70 0.66 0.73 0.68 0.69

Toyo Kanetsu KK Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.75 0.71 0.65 0.61 0.71

TSE:6369 vs GEV, ETN, PH: Scaled Net Operating Assets Comparison

For the Specialty Industrial Machinery subindustry, Toyo Kanetsu KK'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.


Toyo Kanetsu KK Scaled Net Operating Assets vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Toyo Kanetsu KK's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:6369
79GF Score
Toyo Kanetsu KK TSE:6369
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toyo Kanetsu KK 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.

Toyo Kanetsu KK'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 )
=(62384-16135)/67436
=0.69

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=69521 - 7137
=62384

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=29222 - 6057 - 7030
=16135

Toyo Kanetsu KK'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: Dec. 2025 )
=(62384-16135)/64787
=0.71

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=69521 - 7137
=62384

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=29222 - 6057 - 7030
=16135

* 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 0.71 mean?
Toyo Kanetsu KK (TSE:6369) has a Scaled Net Operating Assets of 0.71 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 Toyo Kanetsu KK and its competitors.
Is Toyo Kanetsu KK's Scaled Net Operating Assets too high?
Toyo Kanetsu KK's current Scaled Net Operating Assets is 0.71. Overall, Toyo Kanetsu KK has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Toyo Kanetsu KK's Scaled Net Operating Assets compare to GEV and ETN?
Toyo Kanetsu KK's Scaled Net Operating Assets of 0.71 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Scaled Net Operating Assets depends on the Industrial Products 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 Toyo Kanetsu KK and its competitors. Toyo Kanetsu KK's current Scaled Net Operating Assets is 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Kanetsu KK stock overvalued right now?
Based on GuruFocus' analysis, Toyo Kanetsu KK (TSE:6369) is currently considered Fairly Valued. The stock's GF Value™ is 円2,289.94, compared to a current price of 円2,452.00 — trading 7.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.71. Toyo Kanetsu KK's overall GF Score™ is 79/100 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 Toyo Kanetsu KK (TSE:6369), the current Scaled Net Operating Assets is 0.71 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 Toyo Kanetsu KK (TSE:6369) Overvalued in 2026?

Based on GuruFocus' analysis, Toyo Kanetsu KK stock appears to be overvalued. The current stock price of 円2,452.00 is trading 7.1% above its estimated GF Value™ of 円2,289.94. GuruFocus considers Toyo Kanetsu KK to be Fairly Valued.

Key valuation signals for TSE:6369:

  • Scaled Net Operating Assets: 0.71
  • GF Value™: 円2,289.94 vs. price of 円2,452.00 (7.1% above fair value)
  • GF Score™: 79/100 with 2 warning signs

No single metric tells the full story. See the TSE:6369 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toyo Kanetsu KK Business Description

Address 11-1, Minamisuna 2-chome, Koto-ku, Tokyo, JPN, 136-8666
Toyo Kanetsu KK produces and sells industrial furnaces. It operates in two reportable segments which include Plant and machinery segment and Material handling system segment. Plant and machinery comprise of designing, manufacturing, installation of storage tanks for LNG (Liquefied natural gas), crude oil and other gases and liquids whereas Material handling system segment is engaged in the development, designing and installation of distribution system especially for sorting, picking and conveyance. The business activity of the group is operated by Japan, Southeast Asia, Oceania, and Internationally.
79GF Score

Get the complete analysis for TSE:6369

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

円2,452.00
Price
円2,289.94
GF Value