Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Japan Logistic Systems's Revenue for the
six
months ended in Mar. 2026 was 円36,486 Mil. Japan Logistic Systems's Total Assets for the quarter that ended in Mar. 2026 was 円50,473 Mil. Therefore, Japan Logistic Systems's Asset Turnover for the quarter that ended in Mar. 2026 was 0.72.
Asset Turnover is linked to ROE % through Du Pont Formula. Japan Logistic Systems's annualizedROE % for the quarter that ended in Mar. 2026 was 2.64%. It is also linked to ROA % through Du Pont Formula. Japan Logistic Systems's annualizedROA % for the quarter that ended in Mar. 2026 was 0.84%.
Japan Logistic Systems (TSE:9060) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Japan Logistic Systems'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:
Japan Logistic Systems'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.
Japan Logistic Systems Asset Turnover Related Terms
Japan Logistic Systems Asset Turnover Historical Data
* Premium members only.
The historical data trend for Japan Logistic Systems'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.
TSE:9060 vs ODFL, XPO, KNX: Asset Turnover Comparison
For the Trucking subindustry, Japan Logistic Systems'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.
Japan Logistic Systems Asset Turnover vs Transportation Industry
For the Transportation industry and Industrials sector, Japan Logistic Systems's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Japan Logistic Systems'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.
Japan Logistic Systems (TSE:9060) 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 Japan Logistic Systems and its competitors.
Is Japan Logistic Systems' Asset Turnover too high?
Japan Logistic Systems' current Asset Turnover is 0.72. Overall, Japan Logistic Systems has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Japan Logistic Systems' Asset Turnover compare to ODFL and XPO?
Japan Logistic Systems' Asset Turnover of 0.72 can be compared against companies in the Transportation 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 Transportation company?
A good Asset Turnover depends on the Transportation 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 Japan Logistic Systems and its competitors. Japan Logistic Systems'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 Japan Logistic Systems stock overvalued right now?
Based on GuruFocus' analysis, Japan Logistic Systems (TSE:9060) is currently considered Fairly Valued. The stock's GF Value™ is 円4,447.66, compared to a current price of 円4,300.00 — trading 3.3% below its estimated fair value. The current Asset Turnover is 0.72. Japan Logistic Systems' overall GF Score™ is 71/100 with 3 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 Japan Logistic Systems (TSE:9060), 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 Japan Logistic Systems (TSE:9060) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Logistic Systems stock appears to be undervalued.
The current stock price of 円4,300.00 is trading 3.3% below its estimated GF Value™ of 円4,447.66.
GuruFocus considers Japan Logistic Systems to be Fairly Valued.
Key valuation signals for TSE:9060:
Asset Turnover: 0.72
GF Value™: 円4,447.66 vs. price of 円4,300.00 (3.3% below fair value)
No single metric tells the full story. See the TSE:9060 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Logistic Systems Corp provides lorry and cargo transportation as well as third-party logistic services. It also offers warehousing, insurance agency, worker dispatching as well as industrial waste collection and transportation services.
71GF Score
Get the complete analysis for TSE:9060
Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:9060 has been successfully added to your 
