Tokyo Soir Co (TSE:8040) Scaled Net Operating Assets: 0.67 (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:8040 Tokyo Soir Co Ltd TSE:8040
60 GF Score
Price 円1,024.00
GF Value 円477.96
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Tokyo Soir Co Scaled Net Operating Assets?

Tokyo Soir Co TSE:8040 -0.58% 60 Scaled Net Operating Assets is 0.67 as of Mar. 2026. GuruFocus rates TSE:8040 with a GF Score™ of 60/100 and a GF Value™ of 円477.96 (Significantly Overvalued). The stock has 7 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 Soir Co's operating assets for the quarter that ended in Mar. 2026 was 円12,451 Mil. Tokyo Soir Co's operating liabilities for the quarter that ended in Mar. 2026 was 円3,066 Mil. Tokyo Soir Co's Total Assets for the quarter that ended in Dec. 2025 was 円13,934 Mil. Therefore, Tokyo Soir Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.67.


Tokyo Soir Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Tokyo Soir 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 Soir Co Scaled Net Operating Assets Chart

Tokyo Soir Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.52 0.54 0.64 0.64

Tokyo Soir Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.63 0.60 0.65 0.64 0.67

TSE:8040 vs RL, LEVI, VFC: Scaled Net Operating Assets Comparison

For the Apparel Manufacturing subindustry, Tokyo Soir 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 Soir Co Scaled Net Operating Assets vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Tokyo Soir Co's Scaled Net Operating Assets distribution charts can be found below:

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


TSE:8040
60GF Score
Tokyo Soir Co Ltd TSE:8040
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokyo Soir 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 Soir Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(11875.73-2658.92)/14300.967
=0.64

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13934.283 - 2058.553
=11875.73

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3333.966 - 590.017 - 85.029
=2658.92

Tokyo Soir 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: Dec. 2025 )
=(12451.067-3065.75)/13934.283
=0.67

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=14484.999 - 2033.932
=12451.067

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3642.39 - 532.8 - 43.84
=3065.75

* 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 0.67 mean?
Tokyo Soir Co (TSE:8040) has a Scaled Net Operating Assets of 0.67 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 Tokyo Soir Co and its competitors.
Is Tokyo Soir Co's Scaled Net Operating Assets too high?
Tokyo Soir Co's current Scaled Net Operating Assets is 0.67. Overall, Tokyo Soir Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Soir Co's Scaled Net Operating Assets compare to RL and LEVI?
Tokyo Soir Co's Scaled Net Operating Assets of 0.67 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Scaled Net Operating Assets depends on the Manufacturing - Apparel & Accessories 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 Soir Co and its competitors. Tokyo Soir Co's current Scaled Net Operating Assets is 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Soir Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Soir Co (TSE:8040) is currently considered Significantly Overvalued. The stock's GF Value™ is 円477.96, compared to a current price of 円1,024.00 — trading 114.2% above its estimated fair value. The current Scaled Net Operating Assets is 0.67. Tokyo Soir Co's overall GF Score™ is 60/100 with 7 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 Soir Co (TSE:8040), the current Scaled Net Operating Assets is 0.67 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 Tokyo Soir Co (TSE:8040) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Soir Co stock appears to be overvalued. The current stock price of 円1,024.00 is trading 114.2% above its estimated GF Value™ of 円477.96. GuruFocus considers Tokyo Soir Co to be Significantly Overvalued.

Key valuation signals for TSE:8040:

  • Scaled Net Operating Assets: 0.67
  • GF Value™: 円477.96 vs. price of 円1,024.00 (114.2% above fair value)
  • GF Score™: 60/100 with 7 warning signs

No single metric tells the full story. See the TSE:8040 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokyo Soir Co Business Description

Address 1-1-1 Minami-Aoyama, Minato-ku, West Wing Shin Aoyama Building, Tokyo, JPN, 107-8604
Tokyo Soir Co Ltd is engaged in the manufacture and sale of women's formal clothing and accessories. The company also operates department and chain stores.
60GF Score

Get the complete analysis for TSE:8040

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

円1,024.00
Price
円477.96
GF Value