Daiichi Jitsugyo Co's Total Assets for the quarter that ended in Dec. 2023 was 円182,505 Mil.
During the past 12 months, Daiichi Jitsugyo Co's average Total Assets Growth Rate was 37.10% per year.
During the past 3 years, the average Total Assets Growth Rate was 23.10% per year.
During the past 5 years, the average Total Assets Growth Rate was 12.00% per year.
During the past 10 years, the average Total Assets Growth Rate was 6.40% per year.
During the past 13 years, Daiichi Jitsugyo Co's highest 3-Year average Total Assets Growth Rate was 23.10%. The lowest was -6.60%. And the median was 4.10%.
The historical data trend for Daiichi Jitsugyo Co's Total 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.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Daiichi Jitsugyo Co's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as
* 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.
Daiichi Jitsugyo Co (TSE:8059) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Dec. 2023) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Daiichi Jitsugyo Co's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Daiichi Jitsugyo Co Total Assets Related Terms
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Daiichi Jitsugyo Co (TSE:8059) Business Description
Daiichi Jitsugyo Co Ltd is a Japan-based machinery manufacturer. Its business operations are divided into five segments including plant and energy business, industrial machinery, electronics, pharmaceuticals, and aviation business. It provides machinery for energy development, plant construction, drug formulation, semiconductors, and special-purpose vehicles and self-defense-related equipment. The company also provides after sales and maintenance services. Daiichi Jitsugyo has network operations in Japan, China, Southeast Asia, India, America And Europe.
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