Mandom Corporation
Mandom Corporation engages in the manufacturing and sales of cosmetics and perfumes in Japan, Indonesia, and internationally. It offers hair styling products, such as wax, grease, gel, foam, spray, water, and tonic and liquid; body, toner, deodorant, fragrance, moisturizing care, shampoo, foot care, and hair removal; hair care and hair coloring products, including shampoo and conditioner, colorin… Read more
Mandom Corporation (MD9) - Net Assets
Latest net assets as of September 2025: €76.02 Billion EUR
Based on the latest financial reports, Mandom Corporation (MD9) has net assets worth €76.02 Billion EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€96.06 Billion) and total liabilities (€20.04 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €76.02 Billion |
| % of Total Assets | 79.14% |
| Annual Growth Rate | 3.04% |
| 5-Year Change | 9.98% |
| 10-Year Change | 16.42% |
| Growth Volatility | 4.79 |
Mandom Corporation - Net Assets Trend (2014–2025)
This chart illustrates how Mandom Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Mandom Corporation (2014–2025)
The table below shows the annual net assets of Mandom Corporation from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | €76.67 Billion | +4.73% |
| 2024-03-31 | €73.21 Billion | +2.84% |
| 2023-03-31 | €71.18 Billion | +3.09% |
| 2022-03-31 | €69.05 Billion | -0.95% |
| 2021-03-31 | €69.71 Billion | -5.09% |
| 2020-03-31 | €73.45 Billion | -3.11% |
| 2019-03-31 | €75.81 Billion | +0.08% |
| 2018-03-31 | €75.75 Billion | +8.85% |
| 2017-03-31 | €69.59 Billion | +5.67% |
| 2016-03-31 | €65.86 Billion | +8.00% |
| 2015-03-31 | €60.98 Billion | +10.51% |
| 2014-03-31 | €55.18 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mandom Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 45.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €48.63 Billion | 69.58% |
| Other Components | €21.26 Billion | 30.42% |
| Total Equity | €69.89 Billion | 100.00% |
Mandom Corporation Competitors by Market Cap
The table below lists competitors of Mandom Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SmartFinancial, Inc.
NYSE:SMBK
|
$577.13 Million |
|
Aris Water Solutions Inc
NYSE:ARIS
|
$577.25 Million |
|
RPC Inc
NYSE:RES
|
$577.75 Million |
|
GRINM Semiconductor Materials Co. Ltd. A
SHG:688432
|
$578.35 Million |
|
Fujian Yuanli Active Carbon Co Ltd
SHE:300174
|
$577.11 Million |
|
Vital Farms Inc
NASDAQ:VITL
|
$576.98 Million |
|
SkyCity Entertainment Group Limited
PINK:SKYZF
|
$576.82 Million |
|
Intellect Design Arena Limited
NSE:INTELLECT
|
$576.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mandom Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 66,517,000,000 to 69,885,000,000, a change of 3,368,000,000 (5.1%).
- Net income of 1,859,000,000 contributed positively to equity growth.
- Dividend payments of 1,801,000,000 reduced retained earnings.
- Other factors increased equity by 3,310,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.86 Billion | +2.66% |
| Dividends Paid | €1.80 Billion | -2.58% |
| Other Changes | €3.31 Billion | +4.74% |
| Total Change | €- | 5.06% |
Book Value vs Market Value Analysis
This analysis compares Mandom Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.01x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | €1352.88 | €16.60 | x |
| 2018-03-31 | €1484.65 | €16.60 | x |
| 2019-03-31 | €1496.18 | €16.60 | x |
| 2020-03-31 | €1495.35 | €16.60 | x |
| 2021-03-31 | €1431.37 | €16.60 | x |
| 2022-03-31 | €1407.64 | €16.60 | x |
| 2023-03-31 | €1448.29 | €16.60 | x |
| 2024-03-31 | €1479.19 | €16.60 | x |
| 2025-03-31 | €1548.28 | €16.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mandom Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.44%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 1.40x
- Recent ROE (2.66%) is below the historical average (5.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 8.02% | 6.00% | 1.01x | 1.33x | €-1.01 Billion |
| 2015 | 7.91% | 6.24% | 0.93x | 1.36x | €-1.17 Billion |
| 2016 | 10.69% | 8.50% | 0.94x | 1.34x | €412.20 Million |
| 2017 | 8.80% | 7.20% | 0.92x | 1.33x | €-759.30 Million |
| 2018 | 8.77% | 7.48% | 0.87x | 1.34x | €-855.20 Million |
| 2019 | 7.27% | 6.44% | 0.85x | 1.33x | €-1.91 Billion |
| 2020 | 6.62% | 5.44% | 0.89x | 1.37x | €-2.27 Billion |
| 2021 | 1.34% | 1.36% | 0.72x | 1.37x | €-5.56 Billion |
| 2022 | -0.98% | -1.08% | 0.67x | 1.35x | €-6.95 Billion |
| 2023 | 1.47% | 1.43% | 0.74x | 1.40x | €-5.55 Billion |
| 2024 | 3.91% | 3.55% | 0.79x | 1.40x | €-4.05 Billion |
| 2025 | 2.66% | 2.44% | 0.78x | 1.40x | €-5.13 Billion |
Industry Comparison
This section compares Mandom Corporation's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $28,288,528,539
- Average return on equity (ROE) among peers: -4.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mandom Corporation (MD9) | €76.02 Billion | 8.02% | 0.26x | $577.12 Million |
| e.l.f. Beauty Inc (0EF) | $140.86 Million | 3.77% | 1.94x | $3.85 Billion |
| BaWang International (Group) Holding Limited (6BK) | $126.32 Million | -15.30% | 0.94x | $20.04 Million |
| Euglena Co. Ltd (8EG) | $10.83 Billion | -90.44% | 0.59x | $212.89 Million |
| POLA Orbis Holdings Inc (8PO) | $164.91 Billion | 5.63% | 0.21x | $675.68 Million |
| Pigeon Corporation (9N3) | $84.61 Billion | 9.89% | 0.28x | $1.04 Billion |
| edding AG (EDD3) | $50.20 Million | 17.25% | 0.96x | $15.72 Million |
| Henkel AG & Co. KGaA vz. (Pref Shares) (HEN3) | $2.81 Billion | 19.09% | 2.13x | $18.16 Billion |
| Hengan International Group Company Limited (HGNC) | $19.28 Billion | 16.98% | 1.19x | $1.98 Billion |
| IP40 (IP40) | $7.02 Million | -26.12% | 0.32x | $14.26 Million |
| Leifheit Aktiengesellschaft (LEI) | $111.34 Million | 12.73% | 1.14x | $83.09 Million |