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Harima-Kyowa Co (TSE:7444) EBIT : 円1,973 Mil (TTM As of Dec. 2023)


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What is Harima-Kyowa Co EBIT?

Harima-Kyowa Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円465 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円1,973 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Harima-Kyowa Co's annualized ROC % for the quarter that ended in Dec. 2023 was 5.18%. Harima-Kyowa Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 11.14%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Harima-Kyowa Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 22.68%.


Harima-Kyowa Co EBIT Historical Data

The historical data trend for Harima-Kyowa 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.

Harima-Kyowa Co EBIT Chart

Harima-Kyowa Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,757.79 1,758.28 1,728.61 1,774.81 2,015.11

Harima-Kyowa Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 470.02 429.23 524.70 554.25 465.02

Competitive Comparison of Harima-Kyowa Co's EBIT

For the Department Stores subindustry, Harima-Kyowa 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.


Harima-Kyowa Co's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Harima-Kyowa Co's EV-to-EBIT distribution charts can be found below:

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



Harima-Kyowa 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円1,973 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.


Harima-Kyowa Co  (TSE:7444) EBIT Explanation

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

Harima-Kyowa Co's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=1739.432 * ( 1 - 31.56% )/( (21817.357 + 24172.765)/ 2 )
=1190.4672608/22995.061
=5.18 %

where

Invested Capital(Q: Sep. 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))
=31983.726 - 5621.436 - ( 4544.933 - max(0, 7875.397 - 19381.949+4544.933))
=21817.357

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))
=32640.519 - 5642.772 - ( 2824.982 - max(0, 7683.119 - 18301.125+2824.982))
=24172.765

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Harima-Kyowa Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1860.064/( ( (8376.219 + max(7281.619, 0)) + (9616.463 + max(8113.024, 0)) )/ 2 )
=1860.064/( ( 15657.838 + 17729.487 )/ 2 )
=1860.064/16693.6625
=11.14 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10051.84 + 2303.58 + 2481.596) - (5621.436 + 0 + 1933.961)
=7281.619

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10225.128 + 2824.421 + 2426.594) - (5642.772 + 0 + 1720.347)
=8113.024

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Harima-Kyowa Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=1973.194/8700.127
=22.68 %

* 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.


Harima-Kyowa Co EBIT Related Terms

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Harima-Kyowa Co (TSE:7444) Business Description

Traded in Other Exchanges
N/A
Address
Shikitochosho 313, Himeji, JPN
Harima-Kyowa Co., LTD is an early stage firm, provides an information system specialized in wholesale and store management. It offers wholesales detergent-related products, cosmetics, toiletries, household products, and sanitary goods. The Company operates a leasing business as well.

Harima-Kyowa Co (TSE:7444) Headlines

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