Bunka Shutter Co (TSE:5930) Asset Turnover: 0.35 (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:5930 Bunka Shutter Co Ltd TSE:5930
68 GF Score
Price 円1,930.00
GF Value 円1,980.80
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Bunka Shutter Co Asset Turnover?

Bunka Shutter Co TSE:5930 +0.84% 68 Asset Turnover is 0.35 as of Mar. 2026. GuruFocus rates TSE:5930 with a GF Score™ of 68/100 and a GF Value™ of 円1,980.80 (Fairly Valued). The stock has 1 warning sign investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Bunka Shutter Co's Revenue for the three months ended in Mar. 2026 was 円71,820 Mil. Bunka Shutter Co's Total Assets for the quarter that ended in Mar. 2026 was 円205,932 Mil. Therefore, Bunka Shutter Co's Asset Turnover for the quarter that ended in Mar. 2026 was 0.35.

Asset Turnover is linked to ROE % through Du Pont Formula. Bunka Shutter Co's annualized ROE % for the quarter that ended in Mar. 2026 was 22.29%. It is also linked to ROA % through Du Pont Formula. Bunka Shutter Co's annualized ROA % for the quarter that ended in Mar. 2026 was 12.51%.


Bunka Shutter Co  (TSE:5930) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Bunka Shutter Co's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=25756/115539
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(25756 / 287280)*(287280 / 205932)*(205932/ 115539)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.97 %*1.395*1.7824
=ROA %*Equity Multiplier
=12.51 %*1.7824
=22.29 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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:

Bunka Shutter Co's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=25756/205932
=(Net Income / Revenue)*(Revenue / Total Assets)
=(25756 / 287280)*(287280 / 205932)
=Net Margin %*Asset Turnover
=8.97 %*1.395
=12.51 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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.


Bunka Shutter Co Asset Turnover Related Terms


Bunka Shutter Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Bunka Shutter 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.

Bunka Shutter Co Asset Turnover Chart

Bunka Shutter Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 1.15 1.15 1.11 1.15

Bunka Shutter Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Asset Turnover 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 0.33 0.24 0.29 0.29 0.35

TSE:5930 vs TT, JCI, CARR: Asset Turnover Comparison

For the Building Products & Equipment subindustry, Bunka Shutter 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.


Bunka Shutter Co Asset Turnover vs Construction Industry

For the Construction industry and Industrials sector, Bunka Shutter Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Bunka Shutter Co's Asset Turnover falls into.


TSE:5930
68GF Score
Bunka Shutter Co Ltd TSE:5930
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bunka Shutter Co Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Bunka Shutter Co's Asset Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=236282/( (204982+205651)/ 2 )
=236282/205316.5
=1.15

Bunka Shutter Co's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=71820/( (206213+205651)/ 2 )
=71820/205932
=0.35

* 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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.35 mean?
Bunka Shutter Co (TSE:5930) has a Asset Turnover of 0.35 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Bunka Shutter Co and its competitors.
Is Bunka Shutter Co's Asset Turnover too high?
Bunka Shutter Co's current Asset Turnover is 0.35. Overall, Bunka Shutter Co has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bunka Shutter Co's Asset Turnover compare to TT and JCI?
Bunka Shutter Co's Asset Turnover of 0.35 can be compared against companies in the Construction 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 Construction company?
A good Asset Turnover depends on the Construction 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 Bunka Shutter Co and its competitors. Bunka Shutter Co's current Asset Turnover is 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bunka Shutter Co stock overvalued right now?
Based on GuruFocus' analysis, Bunka Shutter Co (TSE:5930) is currently considered Fairly Valued. The stock's GF Value™ is 円1,980.80, compared to a current price of 円1,930.00 — trading 2.6% below its estimated fair value. The current Asset Turnover is 0.35. Bunka Shutter Co's overall GF Score™ is 68/100 with 1 warning sign 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 Bunka Shutter Co (TSE:5930), the current Asset Turnover is 0.35 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 Bunka Shutter Co (TSE:5930) Overvalued in 2026?

Based on GuruFocus' analysis, Bunka Shutter Co stock appears to be undervalued. The current stock price of 円1,930.00 is trading 2.6% below its estimated GF Value™ of 円1,980.80. GuruFocus considers Bunka Shutter Co to be Fairly Valued.

Key valuation signals for TSE:5930:

  • Asset Turnover: 0.35
  • GF Value™: 円1,980.80 vs. price of 円1,930.00 (2.6% below fair value)
  • GF Score™: 68/100 with 1 warning sign

No single metric tells the full story. See the TSE:5930 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bunka Shutter Co Business Description

Address Nishikata 1-chome, 17-3, Bunkyo-ku, Tokyo, JPN, 113-8535
Bunka Shutter Co Ltd is a building materials company that manufactures and sells shutters and construction materials in five diversified business segments. Bunka Shutter is based in Japan and primarily produces products such as light shutters, heavy-duty shutters for large-scale commercial facilities, window shutters, and sliding doors. Its second segment, construction materials, produces exterior products. Bunka operates a service business and a separate reform business, both focused on repair and maintenance services, and a refurbishment business. Lastly, the "other" business segment consists of a water sealing business, solar power business, and travel agency services. The company produces most of its revenue in Japan.
68GF Score

Get the complete analysis for TSE:5930

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

円1,930.00
Price
円1,980.80
GF Value