Mitaningyo Co (TSE:8285) Asset Turnover: 0.60 (As of Mar. 2026)

What is Mitaningyo Co Asset Turnover?

Mitaningyo Co TSE:8285 -0.86% 72 Asset Turnover is 0.60 as of Mar. 2026. GuruFocus rates TSE:8285 with a GF Score™ of 72/100 and a GF Value™ of 円436.44 (Significantly Overvalued). The stock has 2 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. Mitaningyo Co's Revenue for the six months ended in Mar. 2026 was 円60,910 Mil. Mitaningyo Co's Total Assets for the quarter that ended in Mar. 2026 was 円102,341 Mil. Therefore, Mitaningyo Co's Asset Turnover for the quarter that ended in Mar. 2026 was 0.60.

Asset Turnover is linked to ROE % through Du Pont Formula. Mitaningyo Co's annualized ROE % for the quarter that ended in Mar. 2026 was 6.50%. It is also linked to ROA % through Du Pont Formula. Mitaningyo Co's annualized ROA % for the quarter that ended in Mar. 2026 was 3.49%.

Mitaningyo Co (TSE:8285) Asset Turnover Explanation

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

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

	ROE %^**		(Q: Mar. 2026 )
=	Net Income	/	Total Stockholders Equity
=	3576	/	54978.5
=	(Net Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(3576 / 121820)	*	(121820 / 102341)	*	(102341/ 54978.5)
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	2.94 %	*	1.1903	*	1.8615
=	ROA %	*	Equity Multiplier
=	3.49 %	*	1.8615
=	6.50 %

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:

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

	ROA %		(Q: Mar. 2026 )
=	Net Income	/	Total Assets
=	3576	/	102341
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	(3576 / 121820)	*	(121820 / 102341)
=	Net Margin %	*	Asset Turnover
=	2.94 %	*	1.1903
=	3.49 %

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.

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.

Mitaningyo Co Asset Turnover Related Terms

Mitaningyo Co Asset Turnover Historical Data

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

Mitaningyo Co Asset Turnover Chart

Mitaningyo Co Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Asset Turnover

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1.01

1.06

1.09

1.21

Mitaningyo Co Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25	Sep25	Mar26
Asset Turnover	Get a 7-Day Free Trial															0.54	0.52	0.59	0.58	0.60

TSE:8285 vs HON, MMM: Asset Turnover Comparison

For the Conglomerates subindustry, Mitaningyo 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.

Mitaningyo Co Asset Turnover vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Mitaningyo Co's Asset Turnover distribution charts can be found below:

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

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Mitani Sangyo Co Ltd TSE:8285

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

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Mitaningyo Co Asset Turnover Calculation

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

Mitaningyo 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 )
=	117531	/	( (93496	+	101531)	/ 2 )
=	117531	/	97513.5
=	1.21

Mitaningyo 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: Sep. 2025 )	+	Total Assets (Q: Mar. 2026 ))	/ count )
=	60910	/	( (103151	+	101531)	/ 2 )
=	60910	/	102341
=	0.60

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 0.60 mean?

Mitaningyo Co (TSE:8285) has a Asset Turnover of 0.60 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Mitaningyo Co and its competitors.

Is Mitaningyo Co's Asset Turnover too high?

Mitaningyo Co's current Asset Turnover is 0.60. Overall, Mitaningyo Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Mitaningyo Co's Asset Turnover compare to HON and MMM?

Mitaningyo Co's Asset Turnover of 0.60 can be compared against companies in the Conglomerates 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 Conglomerates company?

A good Asset Turnover depends on the Conglomerates 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 Mitaningyo Co and its competitors. Mitaningyo Co's current Asset Turnover is 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Mitaningyo Co stock overvalued right now?

Based on GuruFocus' analysis, Mitaningyo Co (TSE:8285) is currently considered Significantly Overvalued. The stock's GF Value™ is 円436.44, compared to a current price of 円691.00 — trading 58.3% above its estimated fair value. The current Asset Turnover is 0.60. Mitaningyo Co's overall GF Score™ is 72/100 with 2 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 Mitaningyo Co (TSE:8285), the current Asset Turnover is 0.60 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 Mitaningyo Co (TSE:8285) Overvalued in 2026?

Based on GuruFocus' analysis, Mitaningyo Co stock appears to be overvalued. The current stock price of 円691.00 is trading 58.3% above its estimated GF Value™ of 円436.44. GuruFocus considers Mitaningyo Co to be Significantly Overvalued.

Key valuation signals for TSE:8285:

Asset Turnover: 0.60
GF Value™: 円436.44 vs. price of 円691.00 (58.3% above fair value)
GF Score™: 72/100 with 2 warning signs

No single metric tells the full story. See the TSE:8285 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mitaningyo Co Business Description

Industry Industrials Conglomerates

Comparable Companies TSE:287A TSE:2676 TSE:9896 TSE:4685 TSE:3232 TSE:8081 TSE:5821 TSE:2462 TSE:6328 TSE:8920 ADX:IHC HON TSE:6501 TSE:8058 MMM TSE:8001 TSE:8031 TSE:5803 TSE:8002 TSE:8053

Address 1-5 Tamagawacho, Ishikawa Prefecture, Kanazawa, JPN, 930-0083

Website http://www.mitani.co.jp

Mitani Sangyo Co Ltd is engaged in multiple businesses. The company's segment includes six reportable segments: Air Conditioning Equipment Construction-Related Business, Information System-Related Business, Resin and Electronics-Related Business, Chemicals-Related Business, Energy-Related Business, and Housing Equipment-Related Business.

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円691.00

Price

円436.44

GF Value

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