Nakanihon KOGYO Co (NGO:9643) Operating Income: 円165 Mil (TTM As of Mar. 2026)

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NGO:9643 Nakanihon KOGYO Co Ltd NGO:9643
66 GF Score
Price 円10,940.00
GF Value 円13,029.13
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Nakanihon KOGYO Co Operating Income?

Nakanihon KOGYO Co NGO:9643 66 Operating Income is 円165 Mil as of Mar. 2026. GuruFocus rates NGO:9643 with a GF Score™ of 66/100 and a GF Value™ of 円13,029.13 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Nakanihon KOGYO Co's Operating Income for the six months ended in Mar. 2026 was 円-1 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was 円165 Mil.

Warning Sign:

Nakanihon KOGYO Co 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. Nakanihon KOGYO Co's Operating Income for the six months ended in Mar. 2026 was 円-1 Mil. Nakanihon KOGYO Co's Revenue for the six months ended in Mar. 2026 was 円1,913 Mil. Therefore, Nakanihon KOGYO Co's Operating Margin % for the quarter that ended in Mar. 2026 was -0.03%.

Nakanihon KOGYO 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. Nakanihon KOGYO Co's annualized ROC % for the quarter that ended in Mar. 2026 was -0.02%. Nakanihon KOGYO Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.19%.


Nakanihon KOGYO Co  (NGO:9643) Operating Income Explanation

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

Nakanihon KOGYO 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 )
=-1 * ( 1 - 0% )/( (4689.318 + 4841.754)/ 2 )
=-1/4765.536
=-0.02 %

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))
=5698.139 - 478.526 - ( 1110.531 - max(0, 1048.847 - 1579.142+1110.531))
=4689.318

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))
=5888.8 - 587.553 - ( 1100.244 - max(0, 1077.104 - 1536.597+1100.244))
=4841.754

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:

Nakanihon KOGYO 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 )
=4.784/( ( (2568.206 + max(-353.766, 0)) + (2591.124 + max(-421.007, 0)) )/ 2 )
=4.784/( ( 2568.206 + 2591.124 )/ 2 )
=4.784/2579.665
=0.19 %

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)
=(337.468 + 22.574 + 108.569) - (478.526 + 0 + 343.851)
=-353.766

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(312.278 + 24.018 + 100.057) - (587.553 + 0 + 269.807)
=-421.007

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 %:

Nakanihon KOGYO 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 )
=-0.5/1913.297
=-0.03 %

* 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.


Nakanihon KOGYO Co Operating Income Related Terms


Nakanihon KOGYO Co Operating Income Historical Data

* Premium members only.

The historical data trend for Nakanihon KOGYO 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.

Nakanihon KOGYO Co Operating Income Chart

Nakanihon KOGYO 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 -243.25 -67.75 82.60 -106.67 164.69

Nakanihon KOGYO 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 -47.95 -1.06 -105.61 165.19 -0.50
NGO:9643
66GF Score
Nakanihon KOGYO Co Ltd NGO:9643
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Nakanihon KOGYO 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 円165 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165 Mil mean?
Nakanihon KOGYO Co (NGO:9643) has a Operating Income of 円165 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Nakanihon KOGYO Co and its competitors.
Is Nakanihon KOGYO Co's Operating Income too high?
Nakanihon KOGYO Co's current Operating Income is 円165 Mil. Overall, Nakanihon KOGYO Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nakanihon KOGYO Co's Operating Income compare to NFLX and DIS?
Nakanihon KOGYO Co's Operating Income of 円165 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Operating Income depends on the Media - Diversified 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 Nakanihon KOGYO Co and its competitors. Nakanihon KOGYO Co's current Operating Income is 円165 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nakanihon KOGYO Co stock overvalued right now?
Based on GuruFocus' analysis, Nakanihon KOGYO Co (NGO:9643) is currently considered Modestly Undervalued. The stock's GF Value™ is 円13,029.13, compared to a current price of 円10,940.00 — trading 16% below its estimated fair value. The current Operating Income is 円165 Mil. Nakanihon KOGYO Co's overall GF Score™ is 66/100 with 3 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 Nakanihon KOGYO Co (NGO:9643), the current Operating Income is 円165 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 Nakanihon KOGYO Co (NGO:9643) Overvalued in 2026?

Based on GuruFocus' analysis, Nakanihon KOGYO Co stock appears to be undervalued. The current stock price of 円10,940.00 is trading 16% below its estimated GF Value™ of 円13,029.13. GuruFocus considers Nakanihon KOGYO Co to be Modestly Undervalued.

Key valuation signals for NGO:9643:

  • Operating Income: 円165 Mil
  • GF Value™: 円13,029.13 vs. price of 円10,940.00 (16% below fair value)
  • GF Score™: 66/100 with 3 warning signs

No single metric tells the full story. See the NGO:9643 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nakanihon KOGYO Co Business Description

Address 5-28 Meieki 4-chome, 10th Floor, Sakuradori Toyota Building, Nakamura-ku, Nagoya, JPN, 450-0002
Nakanihon KOGYO Co Ltd is a Japan-based company engaged in the movie entertainment and real estate leasing businesses. Its operating segments include Cinema Business, Advertising Business, and Real Estate Leasing Business. It generates the majority of its revenue from the Cinema Business.
66GF Score

Get the complete analysis for NGO:9643

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

円10,940.00
Price
円13,029.13
GF Value