Miroku (TSE:7983) Asset Turnover: 0.28 (As of Apr. 2026)

What is Miroku Asset Turnover?

Miroku TSE:7983 +0.95% 53 Asset Turnover is 0.28 as of Apr. 2026. GuruFocus rates TSE:7983 with a GF Score™ of 53/100 and a GF Value™ of 円1,411.29 (Modestly Undervalued). The stock has 6 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. Miroku's Revenue for the six months ended in Apr. 2026 was 円6,205 Mil. Miroku's Total Assets for the quarter that ended in Apr. 2026 was 円22,580 Mil. Therefore, Miroku's Asset Turnover for the quarter that ended in Apr. 2026 was 0.28.

Asset Turnover is linked to ROE % through Du Pont Formula. Miroku's annualized ROE % for the quarter that ended in Apr. 2026 was 3.69%. It is also linked to ROA % through Du Pont Formula. Miroku's annualized ROA % for the quarter that ended in Apr. 2026 was 1.82%.

Miroku (TSE:7983) Asset Turnover Explanation

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

Miroku's annulized ROE % for the quarter that ended in Apr. 2026 is

	ROE %^**		(Q: Apr. 2026 )
=	Net Income	/	Total Stockholders Equity
=	410.314	/	11128.585
=	(Net Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(410.314 / 12409.756)	*	(12409.756 / 22580.036)	*	(22580.036/ 11128.585)
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	3.31 %	*	0.5496	*	2.029
=	ROA %	*	Equity Multiplier
=	1.82 %	*	2.029
=	3.69 %

Note: The Net Income data used here is two times the semi-annual (Apr. 2026) net income data. The Revenue data used here is two times the semi-annual (Apr. 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:

Miroku's annulized ROA % for the quarter that ended in Apr. 2026 is

	ROA %		(Q: Apr. 2026 )
=	Net Income	/	Total Assets
=	410.314	/	22580.036
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	(410.314 / 12409.756)	*	(12409.756 / 22580.036)
=	Net Margin %	*	Asset Turnover
=	3.31 %	*	0.5496
=	1.82 %

Note: The Net Income data used here is two times the semi-annual (Apr. 2026) net income data. The Revenue data used here is two times the semi-annual (Apr. 2026) revenue data.

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.

Miroku Asset Turnover Related Terms

Miroku Asset Turnover Historical Data

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The historical data trend for Miroku's Asset Turnover can be seen below:

Miroku Asset Turnover Chart

Miroku Annual Data

Trend

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Oct25

Asset Turnover

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0.76

0.61

0.59

0.50

0.56

Miroku Semi-Annual Data
	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24	Oct24	Apr25	Oct25	Apr26
Asset Turnover	Get a 7-Day Free Trial															0.25	0.24	0.27	0.27	0.28

TSE:7983 vs SNA, RBC, LECO: Asset Turnover Comparison

For the Tools & Accessories subindustry, Miroku'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.

Miroku Asset Turnover vs Industrial Products Industry

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

* The bar in red indicates where Miroku's Asset Turnover falls into.

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53GF Score

Miroku Corp TSE:7983

Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

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Miroku Asset Turnover Calculation

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

Miroku's Asset Turnover for the fiscal year that ended in Oct. 2025 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (A: Oct. 2025 )	/	( (Total Assets (A: Oct. 2024 )	+	Total Assets (A: Oct. 2025 ))	/ count )
=	12518.322	/	( (22619.854	+	21869.169)	/ 2 )
=	12518.322	/	22244.5115
=	0.56

Miroku's Asset Turnover for the quarter that ended in Apr. 2026 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (Q: Apr. 2026 )	/	( (Total Assets (Q: Oct. 2025 )	+	Total Assets (Q: Apr. 2026 ))	/ count )
=	6204.878	/	( (21869.169	+	23290.903)	/ 2 )
=	6204.878	/	22580.036
=	0.27

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 0.28 mean?

Miroku (TSE:7983) has a Asset Turnover of 0.28 as of Apr. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Miroku and its competitors.

Is Miroku's Asset Turnover too high?

Miroku's current Asset Turnover is 0.28. Overall, Miroku has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Miroku's Asset Turnover compare to SNA and RBC?

Miroku's Asset Turnover of 0.28 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 Miroku and its competitors. Miroku's current Asset Turnover is 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Miroku stock overvalued right now?

Based on GuruFocus' analysis, Miroku (TSE:7983) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,411.29, compared to a current price of 円1,065.00 — trading 24.5% below its estimated fair value. The current Asset Turnover is 0.28. Miroku's overall GF Score™ is 53/100 with 6 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 Miroku (TSE:7983), the current Asset Turnover is 0.28 as of Apr. 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 Miroku (TSE:7983) Overvalued in 2026?

Based on GuruFocus' analysis, Miroku stock appears to be undervalued. The current stock price of 円1,065.00 is trading 24.5% below its estimated GF Value™ of 円1,411.29. GuruFocus considers Miroku to be Modestly Undervalued.

Key valuation signals for TSE:7983:

Asset Turnover: 0.28
GF Value™: 円1,411.29 vs. price of 円1,065.00 (24.5% below fair value)
GF Score™: 53/100 with 6 warning signs

No single metric tells the full story. See the TSE:7983 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Miroku Business Description

Industry Industrials Industrial Products

Comparable Companies TSE:7399 TSE:9895 TSE:5969 TSE:5952 TSE:5950 TSE:7928 TSE:5962 TSE:5990 NGO:6142 TSE:5966 HKSE:00669 SNA RBC LECO SWK OSTO:SKF B TKR TSE:6586 TTC XSWX:SFSN

Address 537-1 Shinohara, Nankoku, Kochi, JPN, 783-0006

Website http://www.miroku-jp.com

Miroku Corp is engaged in manufacturing and selling hunting guns, machine tools, and automotive-related products. Its products include shotguns, rifles for sports, and hunting gun-related goods, hole drilling machines and industrial tools, steering wheels, and automotive-related products. The company generates sales from locations in Japan, America, Belgium, and others. The company has three business segments: the Hunting gun business, the Working machinery Business, IT/IoT/AI Business.

53GF Score

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円1,065.00

Price

円1,411.29

GF Value

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