DYNAM JAPAN HOLDINGS Co (FRA:2DJ) Operating Income: €31.6 Mil (TTM As of Mar. 2026)

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.

FRA:2DJ DYNAM JAPAN HOLDINGS Co Ltd FRA:2DJ
65 GF Score
Price €0.32
GF Value €0.34
! 7 Warning Signs
View Full Analysis

What is DYNAM JAPAN HOLDINGS Co Operating Income?

DYNAM JAPAN HOLDINGS Co FRA:2DJ -0.62% 65 Operating Income is €31.6 Mil as of Mar. 2026. GuruFocus rates FRA:2DJ with a GF Score™ of 65/100 and a GF Value™ of €0.34. The stock has 7 warning signs investors should review.

DYNAM JAPAN HOLDINGS Co's Operating Income for the six months ended in Mar. 2026 was €10.7 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €31.6 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. DYNAM JAPAN HOLDINGS Co's Operating Income for the six months ended in Mar. 2026 was €10.7 Mil. DYNAM JAPAN HOLDINGS Co's Revenue for the six months ended in Mar. 2026 was €337.0 Mil. Therefore, DYNAM JAPAN HOLDINGS Co's Operating Margin % for the quarter that ended in Mar. 2026 was 3.19%.

Good Sign:

DYNAM JAPAN HOLDINGS Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

DYNAM JAPAN HOLDINGS Co's 5-Year average Growth Rate for Operating Margin % was 20.90% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. DYNAM JAPAN HOLDINGS Co's annualized ROC % for the quarter that ended in Mar. 2026 was 1.05%. DYNAM JAPAN HOLDINGS Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.85%.


DYNAM JAPAN HOLDINGS Co  (FRA:2DJ) Operating Income Explanation

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

DYNAM JAPAN HOLDINGS Co'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: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=21.478 * ( 1 - 0% )/( (2034.672 + 2068.48)/ 2 )
=21.478/2051.576
=1.05 %

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))
=2070.223 - 51.507 - ( 240.429 - max(0, 323.882 - 307.926+240.429))
=2034.672

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))
=2083.683 - 55.427 - ( 200.754 - max(0, 437.023 - 396.799+200.754))
=2068.48

Note: The Operating Income data used here is two times the semi-annual (Mar. 2026) data.

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

DYNAM JAPAN HOLDINGS Co'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: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=28.204/( ( (1532.147 + max(-80.958, 0)) + (1471.298 + max(52.375, 0)) )/ 2 )
=28.204/( ( 1532.147 + 1523.673 )/ 2 )
=28.204/1527.91
=1.85 %

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)
=(2.731 + 19.199 + 45.567) - (51.507 + 0 + 96.948)
=-80.958

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.36 + 19.313 + 174.372) - (55.427 + 0 + 88.243)
=52.375

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

DYNAM JAPAN HOLDINGS Co's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=10.739/336.956
=3.19 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


DYNAM JAPAN HOLDINGS Co Operating Income Related Terms


DYNAM JAPAN HOLDINGS Co Operating Income Historical Data

* Premium members only.

The historical data trend for DYNAM JAPAN HOLDINGS Co's Operating Income 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.

DYNAM JAPAN HOLDINGS Co Operating Income Chart

DYNAM JAPAN HOLDINGS Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.86 1.95 20.34 29.08 30.49

DYNAM JAPAN HOLDINGS Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Operating Income 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 10.68 12.10 17.17 20.88 10.74
FRA:2DJ
65GF Score
DYNAM JAPAN HOLDINGS Co Ltd FRA:2DJ
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DYNAM JAPAN HOLDINGS Co Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was €31.6 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 Operating Income →
What does a Operating Income of €31.6 Mil mean?
DYNAM JAPAN HOLDINGS Co (FRA:2DJ) has a Operating Income of €31.6 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on DYNAM JAPAN HOLDINGS Co and its competitors.
Is DYNAM JAPAN HOLDINGS Co's Operating Income too high?
DYNAM JAPAN HOLDINGS Co's current Operating Income is €31.6 Mil. Overall, DYNAM JAPAN HOLDINGS Co has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does DYNAM JAPAN HOLDINGS Co's Operating Income compare to FLUT and DKNG?
DYNAM JAPAN HOLDINGS Co's Operating Income of €31.6 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Travel & Leisure company?
A good Operating Income depends on the Travel & Leisure industry context. However, Operating Income 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 Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on DYNAM JAPAN HOLDINGS Co and its competitors. DYNAM JAPAN HOLDINGS Co's current Operating Income is €31.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DYNAM JAPAN HOLDINGS Co stock overvalued right now?
DYNAM JAPAN HOLDINGS Co (FRA:2DJ) has a current Operating Income of €31.6 Mil. The stock's GF Value™ is €0.34, compared to a current price of €0.32 — trading 5.3% below its estimated fair value. The current Operating Income is €31.6 Mil. DYNAM JAPAN HOLDINGS Co's overall GF Score™ is 65/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For DYNAM JAPAN HOLDINGS Co (FRA:2DJ), the current Operating Income is €31.6 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 DYNAM JAPAN HOLDINGS Co (FRA:2DJ) Overvalued in 2026?

Based on GuruFocus' analysis, DYNAM JAPAN HOLDINGS Co stock appears to be undervalued. The current stock price of €0.32 is trading 5.3% below its estimated GF Value™ of €0.34.

Key valuation signals for FRA:2DJ:

  • Operating Income: €31.6 Mil
  • GF Value™: €0.34 vs. price of €0.32 (5.3% below fair value)
  • GF Score™: 65/100 with 7 warning signs

No single metric tells the full story. See the FRA:2DJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DYNAM JAPAN HOLDINGS Co Business Description

Other Exchanges 06889:Hong Kong
Address 2-25-1-702 Nishinippori, Arakawa-ku, Tokyo, JPN, 116-0013
DYNAM JAPAN HOLDINGS Co Ltd is an investment holding company. The Group operates a pachinko hall business as its core business and has the pachinko hall chain in Japan. The group has identified two reportable segments, namely the Pachinko business, which generates maximum revenue, and the Aircraft leasing business. Geographically, it derives maximum revenue from Japan and the rest from Ireland.
65GF Score

Get the complete analysis for FRA:2DJ

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

€0.32
Price
€0.34
GF Value