Nissei Plastic Industrial Co (TSE:6293) Asset Turnover: 0.27 (As of Sep. 2025)


TSE:6293 Nissei Plastic Industrial Co Ltd TSE:6293
44 GF Score
Price 円873.00
GF Value 円943.08
! 8 Warning Signs
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What is Nissei Plastic Industrial Co Asset Turnover?

Nissei Plastic Industrial Co TSE:6293 44 Asset Turnover is 0.27 as of Sep. 2025. GuruFocus rates TSE:6293 with a GF Score™ of 44/100 and a GF Value™ of 円943.08. The stock has 8 warning signs 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. Nissei Plastic Industrial Co's Revenue for the six months ended in Sep. 2025 was 円22,505 Mil. Nissei Plastic Industrial Co's Total Assets for the quarter that ended in Sep. 2025 was 円84,459 Mil. Therefore, Nissei Plastic Industrial Co's Asset Turnover for the quarter that ended in Sep. 2025 was 0.27.

Asset Turnover is linked to ROE % through Du Pont Formula. Nissei Plastic Industrial Co's annualized ROE % for the quarter that ended in Sep. 2025 was -4.08%. It is also linked to ROA % through Du Pont Formula. Nissei Plastic Industrial Co's annualized ROA % for the quarter that ended in Sep. 2025 was -1.95%.


Nissei Plastic Industrial Co  (TSE:6293) Asset Turnover Explanation

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

Nissei Plastic Industrial Co's annulized ROE % for the quarter that ended in Sep. 2025 is

ROE %**(Q: Sep. 2025 )
=Net Income/Total Stockholders Equity
=-1648/40392
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1648 / 45010)*(45010 / 84458.5)*(84458.5/ 40392)
=Net Margin %*Asset Turnover*Equity Multiplier
=-3.66 %*0.5329*2.091
=ROA %*Equity Multiplier
=-1.95 %*2.091
=-4.08 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2025) net income data. The Revenue data used here is two times the semi-annual (Sep. 2025) 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:

Nissei Plastic Industrial Co's annulized ROA % for the quarter that ended in Sep. 2025 is

ROA %(Q: Sep. 2025 )
=Net Income/Total Assets
=-1648/84458.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1648 / 45010)*(45010 / 84458.5)
=Net Margin %*Asset Turnover
=-3.66 %*0.5329
=-1.95 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2025) net income data. The Revenue data used here is two times the semi-annual (Sep. 2025) 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.


Nissei Plastic Industrial Co Asset Turnover Related Terms


Nissei Plastic Industrial Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Nissei Plastic Industrial 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.

Nissei Plastic Industrial Co Asset Turnover Chart

Nissei Plastic Industrial Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.73 0.71 0.58 0.56

Nissei Plastic Industrial Co Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 0.28 0.30 0.25 0.28 0.27

TSE:6293 vs GEV, ETN, PH: Asset Turnover Comparison

For the Specialty Industrial Machinery subindustry, Nissei Plastic Industrial 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.


Nissei Plastic Industrial Co Asset Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nissei Plastic Industrial Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Nissei Plastic Industrial Co's Asset Turnover falls into.


TSE:6293
44GF Score
Nissei Plastic Industrial Co Ltd TSE:6293
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Nissei Plastic Industrial Co Asset Turnover Calculation

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

Nissei Plastic Industrial Co's Asset Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2025 )/( (Total Assets (A: Mar. 2024 )+Total Assets (A: Mar. 2025 ))/ count )
=47493/( (83608+86479)/ 2 )
=47493/85043.5
=0.56

Nissei Plastic Industrial Co's Asset Turnover for the quarter that ended in Sep. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2025 )/( (Total Assets (Q: Mar. 2025 )+Total Assets (Q: Sep. 2025 ))/ count )
=22505/( (86479+82438)/ 2 )
=22505/84458.5
=0.27

* 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 0.27 mean?
Nissei Plastic Industrial Co (TSE:6293) has a Asset Turnover of 0.27 as of Sep. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Nissei Plastic Industrial Co and its competitors.
Is Nissei Plastic Industrial Co's Asset Turnover too high?
Nissei Plastic Industrial Co's current Asset Turnover is 0.27. Overall, Nissei Plastic Industrial Co has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Nissei Plastic Industrial Co's Asset Turnover compare to GEV and ETN?
Nissei Plastic Industrial Co's Asset Turnover of 0.27 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Asset Turnover depends on the Industrial Products 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 Nissei Plastic Industrial Co and its competitors. Nissei Plastic Industrial Co's current Asset Turnover is 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nissei Plastic Industrial Co stock overvalued right now?
Nissei Plastic Industrial Co (TSE:6293) has a current Asset Turnover of 0.27. The stock's GF Value™ is 円943.08, compared to a current price of 円873.00 — trading 7.4% below its estimated fair value. The current Asset Turnover is 0.27. Nissei Plastic Industrial Co's overall GF Score™ is 44/100 with 8 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 Nissei Plastic Industrial Co (TSE:6293), the current Asset Turnover is 0.27 as of Sep. 2025. 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 Nissei Plastic Industrial Co (TSE:6293) Overvalued in 2026?

Based on GuruFocus' analysis, Nissei Plastic Industrial Co stock appears to be undervalued. The current stock price of 円873.00 is trading 7.4% below its estimated GF Value™ of 円943.08.

Key valuation signals for TSE:6293:

  • Asset Turnover: 0.27
  • GF Value™: 円943.08 vs. price of 円873.00 (7.4% below fair value)
  • GF Score™: 44/100 with 8 warning signs

No single metric tells the full story. See the TSE:6293 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nissei Plastic Industrial Co Business Description

Address 2110 Minamijo, Sakaki-machi, Hanishina-gun, Nagano-ken, Nagano, JPN, 389-0693
Nissei Plastic Industrial Co Ltd is an injection molding machine manufacturer. Its products made by injection molding machines are used to provide food, medical care, and a variety of other goods to consumers around the world. The company's products include Horizontal Injection Molding Machine, Vertical Injection Molding Machine, Special Injection Molding Machine, and Quality & Production Control System.
44GF Score

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

円873.00
Price
円943.08
GF Value