TO Books (TSE:500A) EBIT: 円1,985 Mil (TTM As of Apr. 2026)

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TSE:500A TO Books Inc TSE:500A
23 GF Score
Price 円2,922.00
! 1 Warning Sign
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What is TO Books EBIT?

TO Books TSE:500A -1.78% 23 EBIT is 円1,985 Mil as of Apr. 2026. GuruFocus rates TSE:500A with a GF Score™ of 23/100. The stock has 1 warning sign investors should review.

TO Books's earnings before interest and taxes (EBIT) for the six months ended in Apr. 2026 was 円1,096 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2026 was 円1,985 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. TO Books's annualized ROC % for the quarter that ended in Apr. 2026 was 45.31%. TO Books's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 165.53%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. TO Books's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 42.37%.

TO Books  (TSE:500A) EBIT Explanation

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

TO Books's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2025 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=2161.994 * ( 1 - 35.52% )/( (3259.865 + 2893.768)/ 2 )
=1394.0537312/3076.8165
=45.31 %

where

Invested Capital(Q: Oct. 2025 )
=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))
=7112.133 - 1013.683 - ( 2838.585 - max(0, 2256.179 - 6114.175+2838.585))
=3259.865

Invested Capital(Q: Apr. 2026 )
=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))
=10441.993 - 1884.431 - ( 5663.794 - max(0, 3168.398 - 9434.836+5663.794))
=2893.768

Note: The Operating Income data used here is two times the semi-annual (Apr. 2026) data.

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

TO Books's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2025  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2191.74/( ( (406.587 + max(1119.411, 0)) + (378.285 + max(743.814, 0)) )/ 2 )
=2191.74/( ( 1525.998 + 1122.099 )/ 2 )
=2191.74/1324.0485
=165.53 %

where Working Capital is:

Working Capital(Q: Oct. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2035.952 + 391.256 + 848.382) - (1013.683 + 0 + 1142.496)
=1119.411

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2455.493 + 446.185 + 850.534) - (1884.431 + 0 + 1123.967)
=743.814

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Apr. 2026) EBIT data.

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

TO Books's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Apr. 2026 )
=1984.673/4684.343
=42.37 %

* 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.

TO Books EBIT Related Terms

TO Books EBIT Historical Data

* Premium members only.

The historical data trend for TO Books'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.

TO Books EBIT Chart

TO Books Annual Data
Trend Apr24 Apr25 Apr26
EBIT
1,496.54 1,042.52 1,984.67

TO Books Semi-Annual Data
Apr24 Apr25 Oct25 Apr26
EBIT 0.00 0.00 888.80 1,095.87

TSE:500A vs NYT, WLY: EBIT Comparison

For the Publishing subindustry, TO Books'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.

TO Books EV-to-EBIT vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, TO Books's EV-to-EBIT distribution charts can be found below:

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


TSE:500A
23GF Score
TO Books Inc TSE:500A
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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TO Books 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 Apr. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円1,985 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of 円1,985 Mil mean?
TO Books (TSE:500A) has a EBIT of 円1,985 Mil as of Apr. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on TO Books.
Is TO Books' EBIT too high?
TO Books' current EBIT is 円1,985 Mil. Overall, TO Books has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does TO Books' EBIT compare to NYT and WLY?
TO Books' EBIT of 円1,985 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Media - Diversified company?
A good EBIT depends on the Media - Diversified industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on TO Books. TO Books's current EBIT is 円1,985 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TO Books stock overvalued right now?
TO Books (TSE:500A) has a current EBIT of 円1,985 Mil. The current EBIT is 円1,985 Mil. TO Books' overall GF Score™ is 23/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For TO Books (TSE:500A), the current EBIT is 円1,985 Mil as of Apr. 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.

TO Books Business Description

Address 1-1 Sakuragaoka-cho, Shibuya-ku, Shibuya Tower 38th floor, Tokyo, JPN, 150-6238
TO Books Inc operates a content production business focused on the planning and editing of light novels and comics, with activities extending to animation, stage productions, and related merchandise.
23GF Score

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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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