Kimura Unity Co (NGO:9368) Operating Income: 円5,198 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.

NGO:9368 Kimura Unity Co Ltd NGO:9368
85 GF Score
Price 円803.00
GF Value 円786.00
! 2 Warning Signs
View Full Analysis

What is Kimura Unity Co Operating Income?

Kimura Unity Co NGO:9368 85 Operating Income is 円5,198 Mil as of Mar. 2026. GuruFocus rates NGO:9368 with a GF Score™ of 85/100 and a GF Value™ of 円786.00. The stock has 2 warning signs investors should review.

Kimura Unity Co's Operating Income for the three months ended in Mar. 2026 was 円937 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was 円5,198 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Kimura Unity Co's Operating Income for the three months ended in Mar. 2026 was 円937 Mil. Kimura Unity Co's Revenue for the three months ended in Mar. 2026 was 円17,049 Mil. Therefore, Kimura Unity Co's Operating Margin % for the quarter that ended in Mar. 2026 was 5.50%.

Good Sign:

Kimura Unity Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

Kimura Unity Co's 5-Year average Growth Rate for Operating Margin % was 11.40% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kimura Unity Co's annualized ROC % for the quarter that ended in Mar. 2026 was 2.81%. Kimura Unity Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.25%.


Kimura Unity Co  (NGO:9368) Operating Income Explanation

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

Kimura Unity 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: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=3748 * ( 1 - 63.39% )/( (47000 + 50634)/ 2 )
=1372.1428/48817
=2.81 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

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

Kimura Unity 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: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2148/( ( (17807 + max(2223, 0)) + (17845 + max(301, 0)) )/ 2 )
=2148/( ( 20030 + 18146 )/ 2 )
=2148/19088
=11.25 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9767 + 712 + 1207) - (4175 + 0 + 5288)
=2223

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10097 + 619 + 1193) - (4367 + 0 + 7241)
=301

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

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

Kimura Unity 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 )
=937/17049
=5.50 %

* 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.

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.


Kimura Unity Co Operating Income Related Terms


Kimura Unity Co Operating Income Historical Data

* Premium members only.

The historical data trend for Kimura Unity 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.

Kimura Unity Co Operating Income Chart

Kimura Unity 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 2,938.00 3,270.00 4,109.00 4,603.00 4,957.00

Kimura Unity Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1,103.00 1,226.00 1,691.00 937.00 1,344.00
NGO:9368
85GF Score
Kimura Unity Co Ltd NGO:9368
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kimura Unity 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 quarterly data reported by the company within the most recent 12 months, which was 円5,198 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5,198 Mil mean?
Kimura Unity Co (NGO:9368) has a Operating Income of 円5,198 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Kimura Unity Co and its competitors.
Is Kimura Unity Co's Operating Income too high?
Kimura Unity Co's current Operating Income is 円5,198 Mil. Overall, Kimura Unity Co has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Kimura Unity Co's Operating Income compare to CTAS and CPRT?
Kimura Unity Co's Operating Income of 円5,198 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Operating Income depends on the Business Services 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 Kimura Unity Co and its competitors. Kimura Unity Co's current Operating Income is 円5,198 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kimura Unity Co stock overvalued right now?
Kimura Unity Co (NGO:9368) has a current Operating Income of 円5,198 Mil. The stock's GF Value™ is 円786.00, compared to a current price of 円803.00 — trading 2.2% above its estimated fair value. The current Operating Income is 円5,198 Mil. Kimura Unity Co's overall GF Score™ is 85/100 with 2 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 Kimura Unity Co (NGO:9368), the current Operating Income is 円5,198 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 Kimura Unity Co (NGO:9368) Overvalued in 2026?

Based on GuruFocus' analysis, Kimura Unity Co stock appears to be overvalued. The current stock price of 円803.00 is trading 2.2% above its estimated GF Value™ of 円786.00.

Key valuation signals for NGO:9368:

  • Operating Income: 円5,198 Mil
  • GF Value™: 円786.00 vs. price of 円803.00 (2.2% above fair value)
  • GF Score™: 85/100 with 2 warning signs

No single metric tells the full story. See the NGO:9368 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kimura Unity Co Business Description

Other Exchanges 9368:Japan
Address 8-32 Nishiki 3-chome, Naka-ku, Aichi Prefecture, Nagoya, JPN, 460-0003
Kimura Unity Co Ltd provides business services. It offers Logistics services, Automobile services, Information service, and Personnel Services. The company's services include packaging business, forwarding business, traffic safety service business, auto sales business, vehicle maintenance business, parking services, insurance agency business, and others.
85GF Score

Get the complete analysis for NGO:9368

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

円803.00
Price
円786.00
GF Value