Fuji Seiko (NGO:6142) Operating Income: 円234 Mil (TTM As of Feb. 2026)

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NGO:6142 Fuji Seiko Ltd NGO:6142
68 GF Score
Price 円1,770.00
GF Value 円1,449.72
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Fuji Seiko Operating Income?

Fuji Seiko NGO:6142 +0.51% 68 Operating Income is 円234 Mil as of Feb. 2026. GuruFocus rates NGO:6142 with a GF Score™ of 68/100 and a GF Value™ of 円1,449.72 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Fuji Seiko's Operating Income for the six months ended in Feb. 2026 was 円155 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2026 was 円234 Mil.

Warning Sign:

Fuji Seiko Ltd has recorded a loss in operating income at least once over the past 3 years.

Operating Margin % is calculated as Operating Income divided by its Revenue. Fuji Seiko's Operating Income for the six months ended in Feb. 2026 was 円155 Mil. Fuji Seiko's Revenue for the six months ended in Feb. 2026 was 円10,776 Mil. Therefore, Fuji Seiko's Operating Margin % for the quarter that ended in Feb. 2026 was 1.44%.

Fuji Seiko'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. Fuji Seiko's annualized ROC % for the quarter that ended in Feb. 2026 was 1.48%. Fuji Seiko's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 14.98%.


Fuji Seiko  (NGO:6142) Operating Income Explanation

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

Fuji Seiko's annualized ROC % for the quarter that ended in Feb. 2026 is calculated as:

ROC % (Q: Feb. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2025 ) + Invested Capital (Q: Feb. 2026 ))/ count )
=310.442 * ( 1 - 21.95% )/( (15104.84 + 17547.786)/ 2 )
=242.299981/16326.313
=1.48 %

where

Invested Capital(Q: Aug. 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))
=25191.151 - 1146.704 - ( 8939.607 - max(0, 3426.418 - 15525.905+8939.607))
=15104.84

Invested Capital(Q: Feb. 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))
=28276.819 - 866.381 - ( 9862.652 - max(0, 3191.065 - 16421.544+9862.652))
=17547.786

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

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

Fuji Seiko's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1558.244/( ( (5999.803 + max(4121.623, 0)) + (6291.624 + max(4385.088, 0)) )/ 2 )
=1558.244/( ( 10121.426 + 10676.712 )/ 2 )
=1558.244/10399.069
=14.98 %

where Working Capital is:

Working Capital(Q: Aug. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2590.747 + 2744.053 + 1251.498) - (1146.704 + 0 + 1317.971)
=4121.623

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2891.906 + 2556.012 + 1110.974) - (866.381 + 0 + 1307.423)
=4385.088

When net working capital is negative, 0 is used.

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

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

Fuji Seiko's Operating Margin % for the quarter that ended in Feb. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=155.221/10776.169
=1.44 %

* 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.


Fuji Seiko Operating Income Related Terms


Fuji Seiko Operating Income Historical Data

* Premium members only.

The historical data trend for Fuji Seiko'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.

Fuji Seiko Operating Income Chart

Fuji Seiko Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 359.63 59.09 431.28 -368.20 233.85

Fuji Seiko Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 132.51 -203.74 -164.46 78.63 155.22
NGO:6142
68GF Score
Fuji Seiko Ltd NGO:6142
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fuji Seiko 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 Feb. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円234 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234 Mil mean?
Fuji Seiko (NGO:6142) has a Operating Income of 円234 Mil as of Feb. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Fuji Seiko and its competitors.
Is Fuji Seiko's Operating Income too high?
Fuji Seiko's current Operating Income is 円234 Mil. Overall, Fuji Seiko has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fuji Seiko's Operating Income compare to SNA and RBC?
Fuji Seiko's Operating Income of 円234 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Operating Income depends on the Industrial Products 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 Fuji Seiko and its competitors. Fuji Seiko's current Operating Income is 円234 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuji Seiko stock overvalued right now?
Based on GuruFocus' analysis, Fuji Seiko (NGO:6142) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,449.72, compared to a current price of 円1,770.00 — trading 22.1% above its estimated fair value. The current Operating Income is 円234 Mil. Fuji Seiko's overall GF Score™ is 68/100 with 8 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 Fuji Seiko (NGO:6142), the current Operating Income is 円234 Mil as of Feb. 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 Fuji Seiko (NGO:6142) Overvalued in 2026?

Based on GuruFocus' analysis, Fuji Seiko stock appears to be overvalued. The current stock price of 円1,770.00 is trading 22.1% above its estimated GF Value™ of 円1,449.72. GuruFocus considers Fuji Seiko to be Modestly Overvalued.

Key valuation signals for NGO:6142:

  • Operating Income: 円234 Mil
  • GF Value™: 円1,449.72 vs. price of 円1,770.00 (22.1% above fair value)
  • GF Score™: 68/100 with 8 warning signs

No single metric tells the full story. See the NGO:6142 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fuji Seiko Business Description

Address 26 Hirako, Yoshiwara-cho, Aichi Prefecture, Toyota, JPN, 473-8511
Fuji Seiko Ltd is a Japan-based company that engages in the manufacture and sale of carbide tools, diamond tools, other cutting tools, holders, jigs, moldings, machine tools, parts, accessories, and automotive parts. Geographically, the company generates key revenue from Japan.
68GF Score

Get the complete analysis for NGO:6142

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

円1,770.00
Price
円1,449.72
GF Value