ASNOVA Co (TSE:9223) Total Assets: 円11,430 Mil (As of Mar. 2026)

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TSE:9223 ASNOVA Co Ltd TSE:9223
30 GF Score
Price 円416.00
! 7 Warning Signs
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What is ASNOVA Co Total Assets?

ASNOVA Co TSE:9223 +1.96% 30 Total Assets is 円11,430 Mil as of Mar. 2026. GuruFocus rates TSE:9223 with a GF Score™ of 30/100. The stock has 7 warning signs investors should review.

ASNOVA Co's Total Assets for the quarter that ended in Mar. 2026 was 円11,430 Mil.

Warning Sign:

If a company builds assets at 20% a year, faster than its revenue growth rate of 13.5% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, ASNOVA Co's average Total Assets Growth Rate was 7.90% per year. During the past 3 years, the average Total Assets Growth Rate was 16.90% per year. During the past 5 years, the average Total Assets Growth Rate was 20.00% per year.

During the past 7 years, ASNOVA Co's highest 3-Year average Total Assets Growth Rate was 25.80%. The lowest was 5.90%. And the median was 19.30%.

Total Assets is connected with ROA %. ASNOVA Co's annualized ROA % for the quarter that ended in Mar. 2026 was 0.22%. Total Assets is also linked to Revenue through Asset Turnover. ASNOVA Co's Asset Turnover for the quarter that ended in Mar. 2026 was 0.22.


ASNOVA Co  (TSE:9223) Total Assets Explanation

Total Assets is connected with ROA %.

ASNOVA Co's annualized ROA % for the quarter that ended in Mar. 2026 is

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=27.088/( (12733.603+11429.798)/ 2 )
=27.088/12081.7005
=0.22 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) 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.

ASNOVA Co's Asset Turnover for the quarter that ended in Mar. 2026 is

Asset Turnover
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=2693.393/( (12733.603+11429.798)/ 2 )
=2693.393/12081.7005
=0.22

* 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.

ASNOVA Co Total Assets Related Terms


ASNOVA Co Total Assets Historical Data

* Premium members only.

The historical data trend for ASNOVA 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.

ASNOVA Co Total Assets Chart

ASNOVA Co Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Assets
Get a 7-Day Free Trial 5,658.22 7,289.03 9,386.35 12,958.94 11,429.80

ASNOVA Co Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 9,386.35 11,479.02 12,958.94 12,733.60 11,429.80
TSE:9223
30GF Score
ASNOVA Co Ltd TSE:9223
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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ASNOVA Co Total Assets Calculation

Total Assets are all the assets a company owns.

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.

ASNOVA Co's Total Assets for the fiscal year that ended in Mar. 2026 is calculated as

Total Assets=Total Equity (A: Mar. 2026 )+Total Liabilities (A: Mar. 2026 )
=2974.615+8455.183
=11,430

ASNOVA Co's Total Assets for the quarter that ended in Mar. 2026 is calculated as

Total Assets=Total Equity (Q: Mar. 2026 )+Total Liabilities (Q: Mar. 2026 )
=2974.615+8455.183
=11,430

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of 円11,430 Mil mean?
ASNOVA Co (TSE:9223) has a Total Assets of 円11,430 Mil as of Mar. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on ASNOVA Co and its competitors.
Is ASNOVA Co's Total Assets too high?
ASNOVA Co's current Total Assets is 円11,430 Mil. Overall, ASNOVA Co has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does ASNOVA Co's Total Assets compare to URI and SUNB?
ASNOVA Co's Total Assets of 円11,430 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Business Services company?
A good Total Assets depends on the Business Services industry context. However, Total 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on ASNOVA Co and its competitors. ASNOVA Co's current Total Assets is 円11,430 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASNOVA Co stock overvalued right now?
ASNOVA Co (TSE:9223) has a current Total Assets of 円11,430 Mil. The current Total Assets is 円11,430 Mil. ASNOVA Co's overall GF Score™ is 30/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For ASNOVA Co (TSE:9223), the current Total Assets is 円11,430 Mil 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.

ASNOVA Co Business Description

Other Exchanges 9223:Japan
Address 4-60-12 Hiraike-cho, 26th Floor, Global Gate, Nakamura-ku, Aichi Prefecture, Nagoya, JPN, 453-6126
ASNOVA Co Ltd is engaged in the temporary equipment rental business, mainly focused on wedge-type scaffolding, which is used for low- to mid-rise buildings, mainly detached houses, and its main features are its high construction efficiency, transportation efficiency, and storage efficiency.
30GF Score

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

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