Tokyo Board Industries Co (TSE:7815) Scaled Net Operating Assets: 0.69 (As of Sep. 2025)

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TSE:7815 Tokyo Board Industries Co Ltd TSE:7815
23 GF Score
Price 円366.00
! 5 Warning Signs
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What is Tokyo Board Industries Co Scaled Net Operating Assets?

Tokyo Board Industries Co TSE:7815 23 Scaled Net Operating Assets is 0.69 as of Sep. 2025. GuruFocus rates TSE:7815 with a GF Score™ of 23/100. The stock has 5 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.

Tokyo Board Industries Co's operating assets for the quarter that ended in Sep. 2025 was 円11,088 Mil. Tokyo Board Industries Co's operating liabilities for the quarter that ended in Sep. 2025 was 円2,479 Mil. Tokyo Board Industries Co's Total Assets for the quarter that ended in Jun. 2025 was 円12,526 Mil. Therefore, Tokyo Board Industries Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2025 was 0.69.

Tokyo Board Industries Co Scaled Net Operating Assets Historical Data

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The historical data trend for Tokyo Board Industries 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.

Tokyo Board Industries Co Scaled Net Operating Assets Chart

Tokyo Board Industries Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.59 0.60 0.59 0.62

Tokyo Board Industries Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 May26
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 0.64 0.66 0.64 0.69 0.58

TSE:7815 vs SSD, UFPI, BCC: Scaled Net Operating Assets Comparison

For the Lumber & Wood Production subindustry, Tokyo Board Industries 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.

Tokyo Board Industries Co Scaled Net Operating Assets vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Tokyo Board Industries Co's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:7815
23GF Score
Tokyo Board Industries Co Ltd TSE:7815
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Tokyo Board Industries 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.

Tokyo Board Industries Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2024 )
=(Operating Assets (A: Mar. 2024 )-Operating Liabilities (A: Mar. 2024 ))/Total Assets (A: Mar. 2023 )
=(10215.336-2299.675)/12773.361
=0.62

where

Operating Assets(A: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=11820.405 - 1605.069
=10215.336

Operating Liabilities(A: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9752.472 - 2400.47 - 5052.327
=2299.675

Tokyo Board Industries Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2025 )
=(Operating Assets (Q: Sep. 2025 )-Operating Liabilities (Q: Sep. 2025 ))/Total Assets (Q: Jun. 2025 )
=(11088.199-2479.315)/12525.622
=0.69

where

Operating Assets(Q: Sep. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12219.016 - 1130.817
=11088.199

Operating Liabilities(Q: Sep. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9888.71 - 1020.618 - 6388.777
=2479.315

* 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 0.69 mean?
Tokyo Board Industries Co (TSE:7815) has a Scaled Net Operating Assets of 0.69 as of Sep. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Tokyo Board Industries Co and its competitors.
Is Tokyo Board Industries Co's Scaled Net Operating Assets too high?
Tokyo Board Industries Co's current Scaled Net Operating Assets is 0.69. Overall, Tokyo Board Industries Co has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Tokyo Board Industries Co's Scaled Net Operating Assets compare to SSD and UFPI?
Tokyo Board Industries Co's Scaled Net Operating Assets of 0.69 can be compared against companies in the Forest 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 a Forest Products company?
A good Scaled Net Operating Assets depends on the Forest 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 Tokyo Board Industries Co and its competitors. Tokyo Board Industries Co's current Scaled Net Operating Assets is 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Board Industries Co stock overvalued right now?
Tokyo Board Industries Co (TSE:7815) has a current Scaled Net Operating Assets of 0.69. The current Scaled Net Operating Assets is 0.69. Tokyo Board Industries Co's overall GF Score™ is 23/100 with 5 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 Tokyo Board Industries Co (TSE:7815), the current Scaled Net Operating Assets is 0.69 as of Sep. 2025. 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.

Tokyo Board Industries Co Business Description

Address Shinkiba 2-11-1, Koto-ku, Tokyo, JPN, 136-0082
Tokyo Board Industries Co Ltd is engaged in the manufacture and sale of particleboard. Its operating segments include Particle board; Waste collection, transportation & processing; and Others.
23GF Score

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