TOIN (TSE:7923) EBIT: 円1,019 Mil (TTM As of Sep. 2025)

What is TOIN EBIT?

TOIN TSE:7923 -0.51% 50 EBIT is 円1,019 Mil as of Sep. 2025. GuruFocus rates TSE:7923 with a GF Score™ of 50/100 and a GF Value™ of 円719.30. The stock has 8 warning signs investors should review.

TOIN's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2025 was 円569 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2025 was 円1,019 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. TOIN's annualized ROC % for the quarter that ended in Sep. 2025 was 4.78%. TOIN's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 11.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. TOIN's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 14.05%.

TOIN (TSE:7923) EBIT Explanation

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

TOIN's annualized ROC % for the quarter that ended in Sep. 2025 is calculated as:

	ROC % (Q: Sep. 2025 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2025 )	+	Invested Capital (Q: Sep. 2025 ))	/ count )
=	1149.858 * ( 1 - 29.9% )	/	( (16566.673	+	17144.529)	/ 2 )
=	806.050458	/	16855.601
=	4.78 %

where

	Invested Capital		(Q: Mar. 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	))
=	20462.258	-	1211.741	-	( 2683.844	-	max(0, 5726.72	-	8733.32	+	2683.844	))
=	16566.673

	Invested Capital		(Q: Sep. 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	))
=	20431.494	-	1072.257	-	( 2214.708	-	max(0, 5791.316	-	8597.159	+	2214.708	))
=	17144.529

Note: The Operating Income data used here is two times the semi-annual (Sep. 2025) data.

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

TOIN's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2025 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2025		Q: Sep. 2025
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	1137.81	/	( ( (8173.277 + max(1512.693, 0))	+	(8215.86 + max(1784.535, 0)) )	/	2 )
=	1137.81	/	( ( 9685.97	+	10000.395 )	/	2 )
=	1137.81	/	9843.1825
=	11.56 %

where Working Capital is:

	Working Capital		(Q: Mar. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3022.139	+	1270.363	+	1756.974)	-	(1211.741	+	0	+	3325.042)
=	1512.693

	Working Capital		(Q: Sep. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(2883.422	+	1324.273	+	2174.756)	-	(1072.257	+	0	+	3525.659)
=	1784.535

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2025) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2025 )
	=	1019.122	/	7255.576
	=	14.05 %

* 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.

TOIN EBIT Related Terms

TOIN EBIT Historical Data

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The historical data trend for TOIN's EBIT can be seen below:

TOIN EBIT Chart

TOIN Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

EBIT

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241.20

-13.24

136.78

675.59

867.51

TOIN Semi-Annual Data
	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25	Sep25
EBIT	Get a 7-Day Free Trial															253.57	422.02	417.29	450.22	568.91

TSE:7923 vs SW, PKG, IP: EBIT Comparison

For the Packaging & Containers subindustry, TOIN'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.

TOIN EV-to-EBIT vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, TOIN's EV-to-EBIT distribution charts can be found below:

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

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50GF Score

TOIN Corp TSE:7923

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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TOIN 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 Sep. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円1,019 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of 円1,019 Mil mean?

TOIN (TSE:7923) has a EBIT of 円1,019 Mil as of Sep. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on TOIN.

Is TOIN's EBIT too high?

TOIN's current EBIT is 円1,019 Mil. Overall, TOIN has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.

How does TOIN's EBIT compare to SW and PKG?

TOIN's EBIT of 円1,019 Mil can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?

A good EBIT depends on the Packaging & Containers 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 TOIN. TOIN's current EBIT is 円1,019 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is TOIN stock overvalued right now?

TOIN (TSE:7923) has a current EBIT of 円1,019 Mil. The stock's GF Value™ is 円719.30, compared to a current price of 円1,178.00 — trading 63.8% above its estimated fair value. The current EBIT is 円1,019 Mil. TOIN's overall GF Score™ is 50/100 with 8 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 TOIN (TSE:7923), the current EBIT is 円1,019 Mil as of Sep. 2025. 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 TOIN (TSE:7923) Overvalued in 2026?

Based on GuruFocus' analysis, TOIN stock appears to be overvalued. The current stock price of 円1,178.00 is trading 63.8% above its estimated GF Value™ of 円719.30.

Key valuation signals for TSE:7923:

EBIT: 円1,019 Mil
GF Value™: 円719.30 vs. price of 円1,178.00 (63.8% above fair value)
GF Score™: 50/100 with 8 warning signs

No single metric tells the full story. See the TSE:7923 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

TOIN Business Description

Industry Consumer Cyclical Packaging & Containers

Comparable Companies TSE:7131 TSE:4690 TSE:7800 FSE:7894 TSE:3953 TSE:3944 TSE:5905 TSE:4248 TSE:3943 TSE:3954 SW PKG IP AMCR BALL AVY CCK TSX:CCL.A SZSE:002812 OHEL:STERV

Address 1-4-2 Kameido, Koto-ku, Tokyo, JPN

Website http://www.toin.co.jp

TOIN Corp is engaged in manufacturing of paper containers like food, confectionary, cosmetics, pharmaceuticals, and resin packages. The company is also engaged in the manufacture and sale of labels, contract packaging of quasi-drugs, and food, and precision coating contract work for electronic equipment components such as functional films, and is working to expand its business in a diversified manner based on printing technology.

50GF Score

Get the complete analysis for TSE:7923

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

円1,178.00

Price

円719.30

GF Value

View TSE:7923 Analysis

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