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Japan Resistor Mfg Co (TSE:6977) EBIT : 円69 Mil (TTM As of Jun. 2024)


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What is Japan Resistor Mfg Co EBIT?

Japan Resistor Mfg Co's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was 円-11 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was 円69 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Japan Resistor Mfg Co's annualized ROC % for the quarter that ended in Jun. 2024 was -3.22%. Japan Resistor Mfg Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -1.02%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Japan Resistor Mfg Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 1.72%.


Japan Resistor Mfg Co EBIT Historical Data

The historical data trend for Japan Resistor Mfg Co'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.

Japan Resistor Mfg Co EBIT Chart

Japan Resistor Mfg Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 188.08 83.65 128.40 248.33 197.81

Japan Resistor Mfg Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 42.00 32.91 31.97 15.70 -11.23

Competitive Comparison of Japan Resistor Mfg Co's EBIT

For the Electronic Components subindustry, Japan Resistor Mfg Co'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.


Japan Resistor Mfg Co's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Japan Resistor Mfg Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Japan Resistor Mfg Co's EV-to-EBIT falls into.


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Japan Resistor Mfg Co 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円69 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.


Japan Resistor Mfg Co  (TSE:6977) EBIT Explanation

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

Japan Resistor Mfg Co's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=-183.2 * ( 1 - -1.39% )/( (5611.248 + 5927.738)/ 2 )
=-185.74648/5769.493
=-3.22 %

where

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))
=8385.987 - 691.307 - ( 2083.432 - max(0, 3679.333 - 6291.576+2083.432))
=5611.248

Invested Capital(Q: Jun. 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))
=8176.761 - 581.483 - ( 1667.54 - max(0, 3491.491 - 5950.439+1667.54))
=5927.738

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

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

Japan Resistor Mfg Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-44.936/( ( (1511.211 + max(2813.016, 0)) + (1588.789 + max(2931.658, 0)) )/ 2 )
=-44.936/( ( 4324.227 + 4520.447 )/ 2 )
=-44.936/4422.337
=-1.02 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(855.709 + 2647.211 + 668.868) - (691.307 + 0 + 667.465)
=2813.016

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(834.219 + 2666.641 + 726.684) - (581.483 + 0 + 714.403)
=2931.658

When net working capital is negative, 0 is used.

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

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

Japan Resistor Mfg Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=69.339/4031.944
=1.72 %

* 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.


Japan Resistor Mfg Co EBIT Related Terms

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Japan Resistor Mfg Co Business Description

Traded in Other Exchanges
N/A
Address
2315 Kitano, Nanto-shi, Toyama, JPN, 939-1897
Japan Resistor Mfg Co Ltd is engaged in the development, manufacturing and sales of electronic devices. The company have a foothold for manufacturing and sales respectively and have developed global business particularly in Asia. Its product offering comprises fixed and variable resistors, heaters, sensors/potentiometers, hybrid IC, circuit boards and units. The company supplies its products to the various industries and fields.

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