Bleach (TSE:9162) EBIT: 円-12 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:9162 Bleach Inc TSE:9162
60 GF Score
Price 円233.00
GF Value 円297.06
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Bleach EBIT?

Bleach TSE:9162 -0.43% 60 EBIT is 円-12 Mil as of Dec. 2025. GuruFocus rates TSE:9162 with a GF Score™ of 60/100 and a GF Value™ of 円297.06 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Bleach's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was 円0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was 円-12 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bleach's annualized ROC % for the quarter that ended in Dec. 2025 was 0.00%. Bleach's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 0.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bleach's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -7.50%.


Bleach  (TSE:9162) EBIT Explanation

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

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

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=0 * ( 1 - 0% )/( (3040.196 + 3568.02)/ 2 )
=0/3304.108
=0.00 %

where

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))
=13054.443 - 1620.32 - ( 8393.927 - max(0, 2526.918 - 12337.162+8393.927))
=3040.196

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))
=13022.255 - 1799.237 - ( 7654.998 - max(0, 2741.635 - 12341.074+7654.998))
=3568.02

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) data.

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

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

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (190.499 + max(1953.794, 0)) + (181.586 + max(2395.065, 0)) )/ 2 )
=0/( ( 2144.293 + 2576.651 )/ 2 )
=0/2360.472
=0.00 %

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)
=(1885.247 + 324.573 + 1550.892) - (1620.32 + 0 + 186.598)
=1953.794

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1811.611 + 461.498 + 2143.591) - (1799.237 + 0 + 222.398)
=2395.065

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-11.811/157.403
=-7.50 %

* 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.


Bleach EBIT Related Terms


Bleach EBIT Historical Data

* Premium members only.

The historical data trend for Bleach'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.

Bleach EBIT Chart

Bleach Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
EBIT
722.03 986.69 2,131.07 -401.86 466.73

Bleach Quarterly Data
Jun21 Jun22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 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 189.07 70.11 89.95 0.00 -171.86

TSE:9162 vs APP, OMC, TTD: EBIT Comparison

For the Advertising Agencies subindustry, Bleach'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.


Bleach EV-to-EBIT vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Bleach's EV-to-EBIT distribution charts can be found below:

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


TSE:9162
60GF Score
Bleach Inc TSE:9162
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bleach 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-12 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-12 Mil mean?
Bleach (TSE:9162) has a EBIT of 円-12 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Bleach.
Is Bleach's EBIT too high?
Bleach's current EBIT is 円-12 Mil. Overall, Bleach has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bleach's EBIT compare to APP and OMC?
Bleach's EBIT of 円-12 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good EBIT depends on the Media - Diversified 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 Bleach. Bleach's current EBIT is 円-12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bleach stock overvalued right now?
Based on GuruFocus' analysis, Bleach (TSE:9162) is currently considered Modestly Undervalued. The stock's GF Value™ is 円297.06, compared to a current price of 円233.00 — trading 21.6% below its estimated fair value. The current EBIT is 円-12 Mil. Bleach's overall GF Score™ is 60/100 with 2 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 Bleach (TSE:9162), the current EBIT is 円-12 Mil as of Dec. 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 Bleach (TSE:9162) Overvalued in 2026?

Based on GuruFocus' analysis, Bleach stock appears to be undervalued. The current stock price of 円233.00 is trading 21.6% below its estimated GF Value™ of 円297.06. GuruFocus considers Bleach to be Modestly Undervalued.

Key valuation signals for TSE:9162:

  • EBIT: 円-12 Mil
  • GF Value™: 円297.06 vs. price of 円233.00 (21.6% below fair value)
  • GF Score™: 60/100 with 2 warning signs

No single metric tells the full story. See the TSE:9162 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bleach Business Description

Address 2-1-1 Kamimeguro, 21F Nakameguro GT Tower, Meguro-ku, Tokyo, JPN, 153-0051
Bleach Inc is engaged in developing a sharing-type integrated marketing business that supports customers' sales growth with a revenue-sharing-type compensation system. The sharing type integrated marketing business specializes in the DtoC (Direct to Consumer: a model that delivers products directly to consumers) area, and its business performance has expanded rapidly. The sharing-type integrated marketing business is clearly different from the conventional Internet advertising business in two respects.
60GF Score

Get the complete analysis for TSE:9162

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

円233.00
Price
円297.06
GF Value