for Startups (TSE:7089) EBIT: 円1,268 Mil (TTM As of Mar. 2026)

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TSE:7089 for Startups Inc TSE:7089
96 GF Score
Price 円1,522.00
GF Value 円1,517.95
Valuation Fairly Valued
! 3 Warning Signs
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What is for Startups EBIT?

for Startups TSE:7089 +0.53% 96 EBIT is 円1,268 Mil as of Mar. 2026. GuruFocus rates TSE:7089 with a GF Score™ of 96/100 and a GF Value™ of 円1,517.95 (Fairly Valued). The stock has 3 warning signs investors should review.

for Startups's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was 円463 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,268 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. for Startups's annualized ROC % for the quarter that ended in Mar. 2026 was 78.56%. for Startups's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 402.11%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. for Startups's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 16.61%.


for Startups  (TSE:7089) EBIT Explanation

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

for Startups'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: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=1982.032 * ( 1 - 22.53% )/( (1899.28 + 2009.673)/ 2 )
=1535.4801904/1954.4765
=78.56 %

where

Invested Capital(Q: Dec. 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))
=4414.987 - 535.219 - ( 2496.032 - max(0, 1109.253 - 3089.741+2496.032))
=1899.28

Invested Capital(Q: Mar. 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))
=4961.355 - 860.74 - ( 2651.122 - max(0, 1524.637 - 3615.579+2651.122))
=2009.673

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

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

for Startups'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: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1853.9/( ( (317.807 + max(-401.544, 0)) + (604.284 + max(-446.18, 0)) )/ 2 )
=1853.9/( ( 317.807 + 604.284 )/ 2 )
=1853.9/461.0455
=402.11 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(534.394 + 0 + 59.315) - (535.219 + 0 + 460.034)
=-401.544

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(910.205 + 0 + 54.252) - (860.74 + 0 + 549.897)
=-446.18

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1267.667/7632.121
=16.61 %

* 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.


for Startups EBIT Related Terms


for Startups EBIT Historical Data

* Premium members only.

The historical data trend for for Startups'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.

for Startups EBIT Chart

for Startups Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only 493.00 587.64 397.50 444.94 1,060.71

for Startups Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 214.34 120.50 262.40 463.48 421.30

TSE:7089 vs KFY, RHI, TNET: EBIT Comparison

For the Staffing & Employment Services subindustry, for Startups'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.


for Startups EV-to-EBIT vs Business Services Industry

For the Business Services industry and Industrials sector, for Startups's EV-to-EBIT distribution charts can be found below:

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


TSE:7089
96GF Score
for Startups Inc TSE:7089
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

for Startups 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 quarterly data reported by the company within the most recent 12 months, which was 円1,268 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1,268 Mil mean?
for Startups (TSE:7089) has a EBIT of 円1,268 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on for Startups.
Is for Startups' EBIT too high?
for Startups' current EBIT is 円1,268 Mil. Overall, for Startups has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does for Startups' EBIT compare to KFY and RHI?
for Startups' EBIT of 円1,268 Mil can be compared against companies in the Business Services 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 Business Services company?
A good EBIT depends on the Business Services 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 for Startups. for Startups's current EBIT is 円1,268 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is for Startups stock overvalued right now?
Based on GuruFocus' analysis, for Startups (TSE:7089) is currently considered Fairly Valued. The stock's GF Value™ is 円1,517.95, compared to a current price of 円1,522.00 — trading 0.3% above its estimated fair value. The current EBIT is 円1,268 Mil. for Startups' overall GF Score™ is 96/100 with 3 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 for Startups (TSE:7089), the current EBIT is 円1,268 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 for Startups (TSE:7089) Overvalued in 2026?

Based on GuruFocus' analysis, for Startups stock appears to be overvalued. The current stock price of 円1,522.00 is trading 0.3% above its estimated GF Value™ of 円1,517.95. GuruFocus considers for Startups to be Fairly Valued.

Key valuation signals for TSE:7089:

  • EBIT: 円1,268 Mil
  • GF Value™: 円1,517.95 vs. price of 円1,522.00 (0.3% above fair value)
  • GF Score™: 96/100 with 3 warning signs

No single metric tells the full story. See the TSE:7089 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


for Startups Business Description

Address Izumi Garden Tower 36th Floor, 1-6-1 Roppongi, Minato-ku, Tokyo, JPN, 106-6036
for Startups Inc offers support to startup companies.
96GF Score

Get the complete analysis for TSE:7089

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

円1,522.00
Price
円1,517.95
GF Value