Towarise (TSE:267A) Operating Income: 円2,747 Mil (TTM As of Jan. 2026)

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TSE:267A Towarise Corp TSE:267A
10 GF Score
Price 円1,891.00
! 5 Warning Signs
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What is Towarise Operating Income?

Towarise TSE:267A 10 Operating Income is 円2,747 Mil as of Jan. 2026. GuruFocus rates TSE:267A with a GF Score™ of 10/100. The stock has 5 warning signs investors should review.

Towarise's Operating Income for the six months ended in Jan. 2026 was 円1,482 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jan. 2026 was 円2,747 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Towarise's Operating Income for the six months ended in Jan. 2026 was 円1,482 Mil. Towarise's Revenue for the six months ended in Jan. 2026 was 円3,696 Mil. Therefore, Towarise's Operating Margin % for the quarter that ended in Jan. 2026 was 40.10%.

Towarise'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. Towarise's annualized ROC % for the quarter that ended in Jan. 2026 was 5.19%. Towarise's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2026 was 10.59%.

Towarise  (TSE:267A) Operating Income Explanation

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

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

ROC % (Q: Jan. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2025 ) + Invested Capital (Q: Jan. 2026 ))/ count )
=2964 * ( 1 - 35% )/( (37159 + 37114)/ 2 )
=1926.6/37136.5
=5.19 %

where

Invested Capital(Q: Jul. 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))
=41772 - 917 - ( 3696 - max(0, 28636 - 39082+3696))
=37159

Invested Capital(Q: Jan. 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))
=41976 - 1087 - ( 3775 - max(0, 31046 - 39147+3775))
=37114

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

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

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

ROC (Joel Greenblatt) %(Q: Jan. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2025  Q: Jan. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3160/( ( (1172 + max(29029, 0)) + (1157 + max(28325, 0)) )/ 2 )
=3160/( ( 30201 + 29482 )/ 2 )
=3160/29841.5
=10.59 %

where Working Capital is:

Working Capital(Q: Jul. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(34369 + 170 + -1371) - (917 + 0 + 3222)
=29029

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(34294 + 232 + -1629) - (1087 + 0 + 3485)
=28325

When net working capital is negative, 0 is used.

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

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

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

Operating Margin %=Operating Income (Q: Jan. 2026 )/Revenue (Q: Jan. 2026 )
=1482/3696
=40.10 %

* 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.

Towarise Operating Income Related Terms

Towarise Operating Income Historical Data

* Premium members only.

The historical data trend for Towarise'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.

Towarise Operating Income Chart

Towarise Annual Data
Trend Jul22 Jul23 Jul24 Jul25
Operating Income
1,835.00 1,588.00 2,152.00 2,643.00

Towarise Semi-Annual Data
Jul22 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Operating Income Get a 7-Day Free Trial 958.00 1,194.00 1,378.00 1,265.00 1,482.00
TSE:267A
10GF Score
Towarise Corp TSE:267A
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Towarise 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 Jan. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円2,747 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2,747 Mil mean?
Towarise (TSE:267A) has a Operating Income of 円2,747 Mil as of Jan. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Towarise and its competitors.
Is Towarise's Operating Income too high?
Towarise's current Operating Income is 円2,747 Mil. Overall, Towarise has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Towarise's Operating Income compare to MMM and HON?
Towarise's Operating Income of 円2,747 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Operating Income depends on the Conglomerates 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 Towarise and its competitors. Towarise's current Operating Income is 円2,747 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Towarise stock overvalued right now?
Towarise (TSE:267A) has a current Operating Income of 円2,747 Mil. The current Operating Income is 円2,747 Mil. Towarise's overall GF Score™ is 10/100 with 5 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 Towarise (TSE:267A), the current Operating Income is 円2,747 Mil as of Jan. 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.

Towarise Business Description

Address 2-1-1 Higashifukubara, Yonago, Tottori, JPN, 683-8602
Towarise Corp is engaged in credit business, and Sales of mobile phones and sales agency business, etc.
10GF Score

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

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