Morningstar Japan K.K
SBI Global Asset Management Co., Ltd. provides financial and asset management services in Japan and internationally. The company provides investment management and investment advice services, such as investment trust setting, solicitation, and management services based on the financial instruments and exchange act. It also collects information on finance, websites, etc.; and compares, analyzes, e… Read more
Morningstar Japan K.K (MJP) - Net Assets
Latest net assets as of September 2025: €31.88 Billion EUR
Based on the latest financial reports, Morningstar Japan K.K (MJP) has net assets worth €31.88 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 (€37.29 Billion) and total liabilities (€5.41 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 | €31.88 Billion |
| % of Total Assets | 85.5% |
| Annual Growth Rate | 6.03% |
| 5-Year Change | 24.69% |
| 10-Year Change | 76.26% |
| Growth Volatility | 14.34 |
Morningstar Japan K.K - Net Assets Trend (2014–2025)
This chart illustrates how Morningstar Japan K.K's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Morningstar Japan K.K (2014–2025)
The table below shows the annual net assets of Morningstar Japan K.K from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | €15.41 Billion | -4.35% |
| 2024-03-31 | €16.11 Billion | -4.10% |
| 2023-03-31 | €16.80 Billion | +36.88% |
| 2022-03-31 | €12.27 Billion | -0.69% |
| 2021-03-31 | €12.36 Billion | +35.68% |
| 2020-03-31 | €9.11 Billion | -3.54% |
| 2019-03-31 | €9.44 Billion | -2.19% |
| 2018-03-31 | €9.65 Billion | +6.27% |
| 2017-03-31 | €9.08 Billion | +3.91% |
| 2016-03-31 | €8.74 Billion | +6.30% |
| 2015-03-31 | €8.22 Billion | +1.61% |
| 2014-03-31 | €8.10 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Morningstar Japan K.K'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 163.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €7.72 Billion | 50.62% |
| Other Components | €7.53 Billion | 49.38% |
| Total Equity | €15.24 Billion | 100.00% |
Morningstar Japan K.K Competitors by Market Cap
The table below lists competitors of Morningstar Japan K.K ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PARKEN Sport & Entertainment
CO:PARKEN
|
$220.98 Million |
|
Sizzle Acquisition Corp. II - Class A ordinary shares
NASDAQ:SZZL
|
$220.99 Million |
|
Beijing HuaYuanYiTong Thermal Technology Co Ltd
SHE:002893
|
$220.99 Million |
|
BlackRock Technology and Private Equity Term Trust
NYSE:BTX
|
$221.00 Million |
|
Roman DBDR Acquisition Corp. II Unit
NASDAQ:DRDBU
|
$220.89 Million |
|
USI Corp
TW:1304
|
$220.86 Million |
|
Shanghai Diesel Engine Co Ltd B
SHG:900920
|
$220.82 Million |
|
Here Group Limited
NASDAQ:HERE
|
$220.76 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Morningstar Japan K.K's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 15,964,397,000 to 15,242,548,000, a change of -721,849,000 (-4.5%).
- Net income of 1,646,935,000 contributed positively to equity growth.
- Dividend payments of 1,950,398,000 reduced retained earnings.
- Share repurchases of 2,000 reduced equity.
- Other factors decreased equity by 418,384,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.65 Billion | +10.8% |
| Dividends Paid | €1.95 Billion | -12.8% |
| Share Repurchases | €2.00K | -0.0% |
| Other Changes | €-418.38 Million | -2.74% |
| Total Change | €- | -4.52% |
Book Value vs Market Value Analysis
This analysis compares Morningstar Japan K.K'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: 0.02x
- 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 | €111.22 | €3.20 | x |
| 2018-03-31 | €117.10 | €3.20 | x |
| 2019-03-31 | €112.92 | €3.20 | x |
| 2020-03-31 | €107.43 | €3.20 | x |
| 2021-03-31 | €133.95 | €3.20 | x |
| 2022-03-31 | €131.64 | €3.20 | x |
| 2023-03-31 | €183.79 | €3.20 | x |
| 2024-03-31 | €178.03 | €3.20 | x |
| 2025-03-31 | €169.98 | €3.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Morningstar Japan K.K 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): 10.80%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.24%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 1.20x
- Recent ROE (10.80%) is below the historical average (12.86%), 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 | 8.44% | 17.42% | 0.45x | 1.07x | €-126.50 Million |
| 2015 | 8.71% | 17.09% | 0.47x | 1.09x | €-106.50 Million |
| 2016 | 10.50% | 19.66% | 0.49x | 1.09x | €43.70 Million |
| 2017 | 11.29% | 21.41% | 0.47x | 1.11x | €117.19 Million |
| 2018 | 11.39% | 18.43% | 0.56x | 1.11x | €134.07 Million |
| 2019 | 13.04% | 20.32% | 0.54x | 1.18x | €284.40 Million |
| 2020 | 13.82% | 18.06% | 0.55x | 1.39x | €340.11 Million |
| 2021 | 10.98% | 17.61% | 0.53x | 1.18x | €117.39 Million |
| 2022 | 12.32% | 17.90% | 0.58x | 1.19x | €273.70 Million |
| 2023 | 33.03% | 62.23% | 0.41x | 1.30x | €3.79 Billion |
| 2024 | 9.96% | 15.68% | 0.54x | 1.17x | €-7.16 Million |
| 2025 | 10.80% | 14.24% | 0.63x | 1.20x | €122.68 Million |
Industry Comparison
This section compares Morningstar Japan K.K's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $23,105,982,113
- Average return on equity (ROE) among peers: -14.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Morningstar Japan K.K (MJP) | €31.88 Billion | 8.44% | 0.17x | $220.91 Million |
| China Cinda Asset Management Co., Ltd. (0CI) | $223.16 Billion | 1.36% | 6.34x | $1.17 Billion |
| Anima Holding SpA (124) | $1.26 Billion | 11.57% | 0.78x | $176.71 Million |
| tokentus investment AG (14D) | $2.19 Million | -21.54% | 0.09x | $8.13K |
| GOAT Industries Ltd. (26B) | $10.81 Million | -56.27% | 0.02x | $2.16K |
| Hunter Capital AB (publ) (2DD0) | $28.23 Million | -45.64% | 0.45x | $2.66 Million |
| ALDER RESOURCES VTG (2JA) | $12.56 Million | 2.19% | 0.94x | $6.72 Million |
| 3330 (3330) | $577.92K | -45.47% | 0.58x | $2.73 Million |
| Federated Hermes Inc (3KC) | $657.71 Million | 25.82% | 0.81x | $3.55 Billion |
| 47U0 (47U0) | $250.00 Million | 7.21% | 0.13x | $131.18 Million |
| MOH Nippon Plc (4HS) | $5.68 Billion | -25.84% | 0.11x | $2.82 Million |