Corona (TSE:5909) EBIT: 円1,327 Mil (TTM As of Mar. 2026)


TSE:5909 Corona Corp TSE:5909
64 GF Score
Price 円986.00
GF Value 円953.69
Valuation Fairly Valued
! 6 Warning Signs
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What is Corona EBIT?

Corona TSE:5909 -1.50% 64 EBIT is 円1,327 Mil as of Mar. 2026. GuruFocus rates TSE:5909 with a GF Score™ of 64/100 and a GF Value™ of 円953.69 (Fairly Valued). The stock has 6 warning signs investors should review.

Corona's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was 円1,684 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,327 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Corona's annualized ROC % for the quarter that ended in Mar. 2026 was 2.94%. Corona's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.64%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Corona's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.35%.


Corona  (TSE:5909) EBIT Explanation

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

Corona's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=2904 * ( 1 - 25.49% )/( (73096 + 74250)/ 2 )
=2163.7704/73673
=2.94 %

where

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

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

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

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3368/( ( (16875 + max(17131, 0)) + (16869 + max(19002, 0)) )/ 2 )
=3368/( ( 34006 + 35871 )/ 2 )
=3368/34938.5
=9.64 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(14311 + 16688 + 10496) - (17639 + 0 + 6725)
=17131

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8582 + 14915 + 14343) - (13064 + 0 + 5774)
=19002

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1327/15885.402
=8.35 %

* 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.


Corona EBIT Related Terms


Corona EBIT Historical Data

* Premium members only.

The historical data trend for Corona'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.

Corona EBIT Chart

Corona Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,203.00 2,126.00 1,802.00 1,706.00 1,327.00

Corona Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 1,788.00 203.00 1,503.00 -357.00 1,684.00

TSE:5909 vs SN, SGI, MHK: EBIT Comparison

For the Furnishings, Fixtures & Appliances subindustry, Corona'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.


Corona EV-to-EBIT vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Corona's EV-to-EBIT distribution charts can be found below:

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


TSE:5909
64GF Score
Corona Corp TSE:5909
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Corona 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. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円1,327 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1,327 Mil mean?
Corona (TSE:5909) has a EBIT of 円1,327 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Corona.
Is Corona's EBIT too high?
Corona's current EBIT is 円1,327 Mil. Overall, Corona has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Corona's EBIT compare to SN and SGI?
Corona's EBIT of 円1,327 Mil can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good EBIT depends on the Furnishings, Fixtures & Appliances 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 Corona. Corona's current EBIT is 円1,327 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corona stock overvalued right now?
Based on GuruFocus' analysis, Corona (TSE:5909) is currently considered Fairly Valued. The stock's GF Value™ is 円953.69, compared to a current price of 円986.00 — trading 3.4% above its estimated fair value. The current EBIT is 円1,327 Mil. Corona's overall GF Score™ is 64/100 with 6 warning signs 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 Corona (TSE:5909), the current EBIT is 円1,327 Mil 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 Corona (TSE:5909) Overvalued in 2026?

Based on GuruFocus' analysis, Corona stock appears to be overvalued. The current stock price of 円986.00 is trading 3.4% above its estimated GF Value™ of 円953.69. GuruFocus considers Corona to be Fairly Valued.

Key valuation signals for TSE:5909:

  • EBIT: 円1,327 Mil
  • GF Value™: 円953.69 vs. price of 円986.00 (3.4% above fair value)
  • GF Score™: 64/100 with 6 warning signs

No single metric tells the full story. See the TSE:5909 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Corona Business Description

Address 7-7 Higashi-shinbo, Sanjo, Niigata, JPN, 955-8510
Corona Corp engages in the manufacture and sale of heating, air-conditioning and household appliances. It also provides pressure type kerosene cooking stoves; developing a set of technological skills generating epoch-making products; manufacturer of kerosene heating appliances; kerosene combustion technology of the pressure type kerosene heaters; and related supplementary services. Its products include heating appliances such as patented hand clean tanks, kerosene fan heaters and portable kerosene heaters.
64GF Score

Get the complete analysis for TSE:5909

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

円986.00
Price
円953.69
GF Value