Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. KENKO Mayonnaise Co's Revenue for the
six
months ended in Mar. 2026 was 円46,413 Mil. KENKO Mayonnaise Co's Total Assets for the quarter that ended in Mar. 2026 was 円64,241 Mil. Therefore, KENKO Mayonnaise Co's Asset Turnover for the quarter that ended in Mar. 2026 was 0.72.
Asset Turnover is linked to ROE % through Du Pont Formula. KENKO Mayonnaise Co's annualizedROE % for the quarter that ended in Mar. 2026 was 8.16%. It is also linked to ROA % through Du Pont Formula. KENKO Mayonnaise Co's annualizedROA % for the quarter that ended in Mar. 2026 was 5.23%.
KENKO Mayonnaise Co (TSE:2915) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
KENKO Mayonnaise 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:
KENKO Mayonnaise 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.
KENKO Mayonnaise Co Asset Turnover Related Terms
KENKO Mayonnaise Co Asset Turnover Historical Data
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The historical data trend for KENKO Mayonnaise 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.
For the Packaged Foods subindustry, KENKO Mayonnaise 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.
KENKO Mayonnaise Co Asset Turnover vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, KENKO Mayonnaise Co's Asset Turnover distribution charts can be found below:
* The bar in red indicates where KENKO Mayonnaise 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.
KENKO Mayonnaise Co (TSE:2915) has a Asset Turnover of 0.72 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on KENKO Mayonnaise Co and its competitors.
Is KENKO Mayonnaise Co's Asset Turnover too high?
KENKO Mayonnaise Co's current Asset Turnover is 0.72. Overall, KENKO Mayonnaise Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KENKO Mayonnaise Co's Asset Turnover compare to KHC and GIS?
KENKO Mayonnaise Co's Asset Turnover of 0.72 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Asset Turnover depends on the Consumer Packaged Goods 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 KENKO Mayonnaise Co and its competitors. KENKO Mayonnaise Co's current Asset Turnover is 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KENKO Mayonnaise Co stock overvalued right now?
Based on GuruFocus' analysis, KENKO Mayonnaise Co (TSE:2915) is currently considered Fairly Valued. The stock's GF Value™ is 円2,095.93, compared to a current price of 円1,960.00 — trading 6.5% below its estimated fair value. The current Asset Turnover is 0.72. KENKO Mayonnaise Co's overall GF Score™ is 82/100. 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 KENKO Mayonnaise Co (TSE:2915), the current Asset Turnover is 0.72 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 KENKO Mayonnaise Co (TSE:2915) Overvalued in 2026?
Based on GuruFocus' analysis, KENKO Mayonnaise Co stock appears to be undervalued.
The current stock price of 円1,960.00 is trading 6.5% below its estimated GF Value™ of 円2,095.93.
GuruFocus considers KENKO Mayonnaise Co to be Fairly Valued.
Key valuation signals for TSE:2915:
Asset Turnover: 0.72
GF Value™: 円2,095.93 vs. price of 円1,960.00 (6.5% below fair value)
No single metric tells the full story. See the TSE:2915 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KENKO Mayonnaise Co Ltd is a food processing company, based in Japan. The company is engaged in the manufacturing, processing, and distribution of a variety of food products such as salads, delicatessen, mayonnaise, dressings, sauces and egg products. Also, the group is engaged in the shop operation and overseas business. Some of its products include GLOBAL mayonnaise; KENKO Restaurant Mayonnaise; Triple Balance Non Oil Bonito; Garlic Butter sauce; SOUZAITEI Frozen Thick Omelet H and others.
82GF Score
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