Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Hasegawa Co's Revenue for the
six
months ended in Mar. 2026 was 円10,077 Mil. Hasegawa Co's Total Assets for the quarter that ended in Mar. 2026 was 円20,999 Mil. Therefore, Hasegawa Co's Asset Turnover for the quarter that ended in Mar. 2026 was 0.48.
Asset Turnover is linked to ROE % through Du Pont Formula. Hasegawa Co's annualizedROE % for the quarter that ended in Mar. 2026 was 2.46%. It is also linked to ROA % through Du Pont Formula. Hasegawa Co's annualizedROA % for the quarter that ended in Mar. 2026 was 1.49%.
Hasegawa Co (FSE:8230) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Hasegawa Co's annulizedROE % for the quarter that ended in Mar. 2026 is
Note:
The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) revenue data.
* 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.
** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.
It is also linked to ROA % through Du Pont Formula:
Hasegawa Co's annulizedROA % for the quarter that ended in Mar. 2026 is
Note:
The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) revenue data.
* 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.
Be Aware
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.
Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.
Hasegawa Co Asset Turnover Related Terms
Hasegawa Co Asset Turnover Historical Data
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The historical data trend for Hasegawa Co's Asset Turnover 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.
FSE:8230 vs CASY, WSM, DKS: Asset Turnover Comparison
For the Specialty Retail subindustry, Hasegawa Co's Asset Turnover, along with its competitors' market caps and Asset Turnover 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.
Hasegawa Co Asset Turnover vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Hasegawa Co's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Hasegawa Co's Asset Turnover falls into.
* 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.
Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.
Hasegawa Co (FSE:8230) has a Asset Turnover of 0.48 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Hasegawa Co and its competitors.
Is Hasegawa Co's Asset Turnover too high?
Hasegawa Co's current Asset Turnover is 0.48. Overall, Hasegawa Co has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Hasegawa Co's Asset Turnover compare to CASY and WSM?
Hasegawa Co's Asset Turnover of 0.48 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Retail - Cyclical company?
A good Asset Turnover depends on the Retail - Cyclical industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Hasegawa Co and its competitors. Hasegawa Co's current Asset Turnover is 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hasegawa Co stock overvalued right now?
Hasegawa Co (FSE:8230) has a current Asset Turnover of 0.48. The stock's GF Value™ is 円348.76, compared to a current price of 円328.00 — trading 6% below its estimated fair value. The current Asset Turnover is 0.48. Hasegawa Co's overall GF Score™ is 67/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Hasegawa Co (FSE:8230), the current Asset Turnover is 0.48 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 Hasegawa Co (FSE:8230) Overvalued in 2026?
Based on GuruFocus' analysis, Hasegawa Co stock appears to be undervalued.
The current stock price of 円328.00 is trading 6% below its estimated GF Value™ of 円348.76.
Key valuation signals for FSE:8230:
Asset Turnover: 0.48
GF Value™: 円348.76 vs. price of 円328.00 (6% below fair value)
No single metric tells the full story. See the FSE:8230 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hasegawa Co Ltd is a Japan-based company primarily engaged in three business segments: Buddhist Altars & Tombstones, Cemetery Sales, and Food, Beverages & Miscellaneous Goods. The company organizes its operations based on product and service lines. Sales of Buddhist altars and tombstones are further divided geographically into Eastern and Western Japan. The Cemetery Sales segment handles contracted sales of cemetery plots, while the Food, Beverages & Miscellaneous Goods segment is engaged in retail sales of related products. It generates the majority of its revenue from the Buddhist Altars & Tombstones segment.
67GF Score
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