TAKMF (Takamatsu Construction Group Co) Operating Income: $117 Mil (TTM As of Mar. 2026)

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TAKMF Takamatsu Construction Group Co Ltd TAKMF
85 GF Score
Price $19.55
GF Value $18.19
! 2 Warning Signs
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What is Takamatsu Construction Group Co Operating Income?

Takamatsu Construction Group Co TAKMF 85 Operating Income is $117 Mil as of Mar. 2026. GuruFocus rates TAKMF with a GF Score™ of 85/100 and a GF Value™ of $18.19. The stock has 2 warning signs investors should review.

Takamatsu Construction Group Co's Operating Income for the three months ended in Mar. 2026 was $37 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $117 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Takamatsu Construction Group Co's Operating Income for the three months ended in Mar. 2026 was $37 Mil. Takamatsu Construction Group Co's Revenue for the three months ended in Mar. 2026 was $601 Mil. Therefore, Takamatsu Construction Group Co's Operating Margin % for the quarter that ended in Mar. 2026 was 6.20%.

Takamatsu Construction Group Co's 5-Year average Growth Rate for Operating Margin % was -0.40% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Takamatsu Construction Group Co's annualized ROC % for the quarter that ended in Mar. 2026 was 7.82%. Takamatsu Construction Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 15.33%.


Takamatsu Construction Group Co  (OTCPK:TAKMF) Operating Income Explanation

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

Takamatsu Construction Group 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 )
=148.952 * ( 1 - 24.3% )/( (1377.822 + 1506.137)/ 2 )
=112.756664/1441.9795
=7.82 %

where

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))
=1832.223 - 237.142 - ( 217.259 - max(0, 791.252 - 1415.322+217.259))
=1377.822

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))
=1983.417 - 263.52 - ( 213.76 - max(0, 932.78 - 1554.057+213.76))
=1506.137

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

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

Takamatsu Construction Group 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 )
=147.34/( ( (295.905 + max(647.006, 0)) + (292.735 + max(686.968, 0)) )/ 2 )
=147.34/( ( 942.911 + 979.703 )/ 2 )
=147.34/961.307
=15.33 %

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)
=(709.887 + 453.593 + 19.318) - (237.142 + 0 + 298.65)
=647.006

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(801.593 + 504.907 + 17.059) - (263.52 + 0 + 373.071)
=686.968

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 %:

Takamatsu Construction Group 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 )
=37.238/600.941
=6.20 %

* 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.


Takamatsu Construction Group Co Operating Income Related Terms


Takamatsu Construction Group Co Operating Income Historical Data

* Premium members only.

The historical data trend for Takamatsu Construction Group 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.

Takamatsu Construction Group Co Operating Income Chart

Takamatsu Construction Group 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 94.66 90.07 77.77 76.89 112.79

Takamatsu Construction Group Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 31.00 13.83 39.78 26.35 37.24
TAKMF
85GF Score
Takamatsu Construction Group Co Ltd TAKMF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Takamatsu Construction Group 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 $117 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 $117 Mil mean?
Takamatsu Construction Group Co (TAKMF) has a Operating Income of $117 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Takamatsu Construction Group Co and its competitors.
Is Takamatsu Construction Group Co's Operating Income too high?
Takamatsu Construction Group Co's current Operating Income is $117 Mil. Overall, Takamatsu Construction Group Co has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Takamatsu Construction Group Co's Operating Income compare to PWR and FIX?
Takamatsu Construction Group Co's Operating Income of $117 Mil can be compared against companies in the Construction 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 Construction company?
A good Operating Income depends on the Construction 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 Takamatsu Construction Group Co and its competitors. Takamatsu Construction Group Co's current Operating Income is $117 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Takamatsu Construction Group Co stock overvalued right now?
Takamatsu Construction Group Co (TAKMF) has a current Operating Income of $117 Mil. The stock's GF Value™ is $18.19, compared to a current price of $19.55 — trading 7.5% above its estimated fair value. The current Operating Income is $117 Mil. Takamatsu Construction Group 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 Takamatsu Construction Group Co (TAKMF), the current Operating Income is $117 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 Takamatsu Construction Group Co (TAKMF) Overvalued in 2026?

Based on GuruFocus' analysis, Takamatsu Construction Group Co stock appears to be overvalued. The current stock price of $19.55 is trading 7.5% above its estimated GF Value™ of $18.19.

Key valuation signals for TAKMF:

  • Operating Income: $117 Mil
  • GF Value™: $18.19 vs. price of $19.55 (7.5% above fair value)
  • GF Score™: 85/100 with 2 warning signs

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


Takamatsu Construction Group Co Business Description

Other Exchanges 1762:Japan
Address 1-2-3 Shinkitano, Yodogawa-ku, Osaka, JPN, 532-0025
Takamatsu Construction Group Co Ltd is a Japan-based company, engages in the construction business. It operates through the following business division Construction business, Civil Engineering business, and Real Estate business. The Construction division offers general construction, remodeling, and renovation of residential and commercial buildings, and warehouses. The Civil Engineering division deals with the construction, repair, and maintenance of bridges, highways, tunnels, roads, and sewage systems. The Real Estate division offers real estate development, sales, leasing, and management.
85GF Score

Get the complete analysis for TAKMF

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

$19.55
Price
$18.19
GF Value