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Hikari Tsushin (Hikari Tsushin) EBIT : $1,295 Mil (TTM As of Mar. 2024)


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What is Hikari Tsushin EBIT?

Hikari Tsushin's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $426 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $1,295 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hikari Tsushin's annualized ROC % for the quarter that ended in Mar. 2024 was 4.67%. Hikari Tsushin's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 418.04%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hikari Tsushin's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 14.76%.


Hikari Tsushin EBIT Historical Data

The historical data trend for Hikari Tsushin's EBIT 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.

* Premium members only.

Hikari Tsushin EBIT Chart

Hikari Tsushin Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 833.09 839.58 1,000.62 965.50 1,220.00

Hikari Tsushin Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 211.22 378.56 279.13 211.40 425.66

Competitive Comparison of Hikari Tsushin's EBIT

For the Conglomerates subindustry, Hikari Tsushin's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Hikari Tsushin's EV-to-EBIT Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hikari Tsushin's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hikari Tsushin's EV-to-EBIT falls into.



Hikari Tsushin EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,295 Mil.

* 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.


Hikari Tsushin  (GREY:HKTGF) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Hikari Tsushin's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=533.872 * ( 1 - 19.2% )/( (9035.015 + 9449.214)/ 2 )
=431.368576/9242.1145
=4.67 %

where

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=13172.255 - 1623.521 - ( 3531.113 - max(0, 3076.569 - 5590.288+3531.113))
=9035.015

Invested Capital(Q: Mar. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=13876.488 - 1746.599 - ( 3651.422 - max(0, 2931.512 - 5612.187+3651.422))
=9449.214

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Hikari Tsushin's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1702.644/( ( (275.924 + max(212.416, 0)) + (266.923 + max(59.319, 0)) )/ 2 )
=1702.644/( ( 488.34 + 326.242 )/ 2 )
=1702.644/407.291
=418.04 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1821.567 + 18.558 + 203.971) - (1623.521 + 0 + 208.159)
=212.416

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1833.03 + 15.285 + 98.68) - (1746.599 + 0 + 141.077)
=59.319

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Hikari Tsushin's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=1294.749/8772.881
=14.76 %

* 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.


Hikari Tsushin EBIT Related Terms

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Hikari Tsushin (Hikari Tsushin) Business Description

Traded in Other Exchanges
Address
Hikari West Gate Building, 1-4-10, Nishi Ikebukuro, Toshima-ku, Tokyo, JPN, 171-0021
Hikari Tsushin Inc is a Japanese company that provides services such networking and automation products offers individual insurance plans for small and medium-size enterprises. The company has three reporting segments: corporate, shop and insurance. The corporate segment offers products such as Wi-Fi routers, SIM cards, water coolers and LED lighting. Revenue is evenly split between the corporate and shop segments with insurance adding a small portion. The company earns the vast majority of its revenue in Japan.

Hikari Tsushin (Hikari Tsushin) Headlines

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