Nihon Office Automation Research Co (NGO:5241) Operating Income: 円155 Mil (TTM As of Dec. 2025)

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NGO:5241 Nihon Office Automation Research Co Ltd NGO:5241
21 GF Score
Price 円810.00
! 1 Warning Sign
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What is Nihon Office Automation Research Co Operating Income?

Nihon Office Automation Research Co NGO:5241 +2.53% 21 Operating Income is 円155 Mil as of Dec. 2025. GuruFocus rates NGO:5241 with a GF Score™ of 21/100. The stock has 1 warning sign investors should review.

Nihon Office Automation Research Co's Operating Income for the six months ended in Dec. 2025 was 円74 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was 円155 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Nihon Office Automation Research Co's Operating Income for the six months ended in Dec. 2025 was 円74 Mil. Nihon Office Automation Research Co's Revenue for the six months ended in Dec. 2025 was 円1,511 Mil. Therefore, Nihon Office Automation Research Co's Operating Margin % for the quarter that ended in Dec. 2025 was 4.91%.

Nihon Office Automation Research Co's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nihon Office Automation Research Co's annualized ROC % for the quarter that ended in Dec. 2025 was 24.84%. Nihon Office Automation Research Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 81.27%.

Nihon Office Automation Research Co  (NGO:5241) Operating Income Explanation

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

Nihon Office Automation Research Co'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: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=148.468 * ( 1 - 32.26% )/( (409.851 + 399.747)/ 2 )
=100.5722232/404.799
=24.84 %

where

Invested Capital(Q: Jun. 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))
=1288.499 - 190.554 - ( 688.094 - max(0, 421.972 - 1136.41+688.094))
=409.851

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))
=1257.705 - 245.237 - ( 612.721 - max(0, 376.605 - 1105.849+612.721))
=399.747

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

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

Nihon Office Automation Research Co'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: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=154.636/( ( (19.528 + max(136.344, 0)) + (18.141 + max(206.523, 0)) )/ 2 )
=154.636/( ( 155.872 + 224.664 )/ 2 )
=154.636/190.268
=81.27 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(418.17 + 8.432 + 21.714) - (190.554 + 0 + 121.418)
=136.344

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(471.46 + 0.374 + 21.294) - (245.237 + 0 + 41.368)
=206.523

When net working capital is negative, 0 is used.

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

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

Nihon Office Automation Research Co's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=74.234/1510.577
=4.91 %

* 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.

Nihon Office Automation Research Co Operating Income Related Terms

Nihon Office Automation Research Co Operating Income Historical Data

* Premium members only.

The historical data trend for Nihon Office Automation Research 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.

Nihon Office Automation Research Co Operating Income Chart

Nihon Office Automation Research Co Annual Data
Trend Dec20 Dec21 Dec23 Dec24 Dec25
Operating Income
13.76 102.45 41.47 117.74 154.50

Nihon Office Automation Research Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec23 Jun24 Dec24 Jun25 Dec25
Operating Income Get a 7-Day Free Trial 0.00 67.31 50.42 80.27 74.23
NGO:5241
21GF Score
Nihon Office Automation Research Co Ltd NGO:5241
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Nihon Office Automation Research 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円155 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 円155 Mil mean?
Nihon Office Automation Research Co (NGO:5241) has a Operating Income of 円155 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Nihon Office Automation Research Co and its competitors.
Is Nihon Office Automation Research Co's Operating Income too high?
Nihon Office Automation Research Co's current Operating Income is 円155 Mil. Overall, Nihon Office Automation Research Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Nihon Office Automation Research Co's Operating Income compare to IBM and ACN?
Nihon Office Automation Research Co's Operating Income of 円155 Mil can be compared against companies in the Software 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 Software company?
A good Operating Income depends on the Software 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 Nihon Office Automation Research Co and its competitors. Nihon Office Automation Research Co's current Operating Income is 円155 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Office Automation Research Co stock overvalued right now?
Nihon Office Automation Research Co (NGO:5241) has a current Operating Income of 円155 Mil. The current Operating Income is 円155 Mil. Nihon Office Automation Research Co's overall GF Score™ is 21/100 with 1 warning sign 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 Nihon Office Automation Research Co (NGO:5241), the current Operating Income is 円155 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.

Nihon Office Automation Research Co Business Description

Address 3-2-1 Nishikanda, First Building South Wing, 4th Floor, Tokyo Sumitomo Real Estate, Chiyoda, Chiyoda-ku, Tokyo, JPN, 101-0065
Nihon Office Automation Research Co Ltd is involved in system development, continuous maintenance, support, system modifications, and related services. The company provides high-value-added IT services by participating in the development of central government office systems.
21GF Score

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

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