Yagami (NGO:7488) Operating Income: 円2,235 Mil (TTM As of Apr. 2026)

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NGO:7488 Yagami Inc NGO:7488
72 GF Score
Price 円4,850.00
GF Value 円3,133.55
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Yagami Operating Income?

Yagami NGO:7488 -2.90% 72 Operating Income is 円2,235 Mil as of Apr. 2026. GuruFocus rates NGO:7488 with a GF Score™ of 72/100 and a GF Value™ of 円3,133.55 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Yagami's Operating Income for the six months ended in Apr. 2026 was 円1,141 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 was 円2,235 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Yagami's Operating Income for the six months ended in Apr. 2026 was 円1,141 Mil. Yagami's Revenue for the six months ended in Apr. 2026 was 円6,137 Mil. Therefore, Yagami's Operating Margin % for the quarter that ended in Apr. 2026 was 18.59%.

Good Sign:

Yagami Inc operating margin is expanding. Margin expansion is usually a good sign.

Yagami's 5-Year average Growth Rate for Operating Margin % was 3.50% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Yagami's annualized ROC % for the quarter that ended in Apr. 2026 was 21.49%. Yagami's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 68.07%.


Yagami  (NGO:7488) Operating Income Explanation

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

Yagami's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2025 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=2281.682 * ( 1 - 29.99% )/( (7270.335 + 7597.686)/ 2 )
=1597.4055682/7434.0105
=21.49 %

where

Invested Capital(Q: Oct. 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))
=18113.912 - 1073.913 - ( 9769.664 - max(0, 3159.028 - 14135.649+9769.664))
=7270.335

Invested Capital(Q: Apr. 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))
=18076.693 - 990.002 - ( 9489.005 - max(0, 3038.403 - 13993.686+9489.005))
=7597.686

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

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

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

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2025  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2347.106/( ( (2029.916 + max(1265.225, 0)) + (2075.849 + max(1525.146, 0)) )/ 2 )
=2347.106/( ( 3295.141 + 3600.995 )/ 2 )
=2347.106/3448.068
=68.07 %

where Working Capital is:

Working Capital(Q: Oct. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1435.186 + 1981.211 + 949.588) - (1073.913 + 0 + 2026.847)
=1265.225

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1329.03 + 2037.536 + 1138.115) - (990.002 + 0 + 1989.533)
=1525.146

When net working capital is negative, 0 is used.

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

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

Yagami's Operating Margin % for the quarter that ended in Apr. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=1140.841/6137.331
=18.59 %

* 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.


Yagami Operating Income Related Terms


Yagami Operating Income Historical Data

* Premium members only.

The historical data trend for Yagami'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.

Yagami Operating Income Chart

Yagami Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,851.17 1,831.36 1,861.90 1,946.27 2,235.24

Yagami Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 1,060.63 944.99 1,001.28 1,094.40 1,140.84
NGO:7488
72GF Score
Yagami Inc NGO:7488
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Yagami 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 Apr. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円2,235 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2,235 Mil mean?
Yagami (NGO:7488) has a Operating Income of 円2,235 Mil as of Apr. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Yagami and its competitors.
Is Yagami's Operating Income too high?
Yagami's current Operating Income is 円2,235 Mil. Overall, Yagami has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yagami's Operating Income compare to MCK and CAH?
Yagami's Operating Income of 円2,235 Mil can be compared against companies in the Medical Distribution 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 Medical Distribution company?
A good Operating Income depends on the Medical Distribution 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 Yagami and its competitors. Yagami's current Operating Income is 円2,235 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yagami stock overvalued right now?
Based on GuruFocus' analysis, Yagami (NGO:7488) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,133.55, compared to a current price of 円4,850.00 — trading 54.8% above its estimated fair value. The current Operating Income is 円2,235 Mil. Yagami's overall GF Score™ is 72/100 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 Yagami (NGO:7488), the current Operating Income is 円2,235 Mil as of Apr. 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 Yagami (NGO:7488) Overvalued in 2026?

Based on GuruFocus' analysis, Yagami stock appears to be overvalued. The current stock price of 円4,850.00 is trading 54.8% above its estimated GF Value™ of 円3,133.55. GuruFocus considers Yagami to be Significantly Overvalued.

Key valuation signals for NGO:7488:

  • Operating Income: 円2,235 Mil
  • GF Value™: 円3,133.55 vs. price of 円4,850.00 (54.8% above fair value)
  • GF Score™: 72/100 with 1 warning sign

No single metric tells the full story. See the NGO:7488 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yagami Business Description

Address No. 29, No. 3, Marunouchi, Naka-ku, Nagoya, JPN, 460 0002
Yagami Inc is a Japan based company engaged in providing science education equipment, laboratory tables, kitchen tables, sterilizers, nurse's office equipment, AEDs (automated external defibrillators), human body models for resuscitation education, electric heaters for keeping warm and heating, and environmental testing equipment.
72GF Score

Get the complete analysis for NGO:7488

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

円4,850.00
Price
円3,133.55
GF Value