Horiifoodservice Co (TSE:3077) Operating Income: 円449 Mil (TTM As of May. 2026)

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TSE:3077 Horiifoodservice Co Ltd TSE:3077
36 GF Score
Price 円868.00
GF Value 円388.63
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Horiifoodservice Co Operating Income?

Horiifoodservice Co TSE:3077 +2.36% 36 Operating Income is 円449 Mil as of May. 2026. GuruFocus rates TSE:3077 with a GF Score™ of 36/100 and a GF Value™ of 円388.63 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Horiifoodservice Co's Operating Income for the three months ended in May. 2026 was 円132 Mil. Its Operating Income for the trailing twelve months (TTM) ended in May. 2026 was 円449 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Horiifoodservice Co's Operating Income for the three months ended in May. 2026 was 円132 Mil. Horiifoodservice Co's Revenue for the three months ended in May. 2026 was 円1,472 Mil. Therefore, Horiifoodservice Co's Operating Margin % for the quarter that ended in May. 2026 was 8.95%.

Horiifoodservice 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. Horiifoodservice Co's annualized ROC % for the quarter that ended in May. 2026 was 17.25%. Horiifoodservice Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2026 was 62.35%.


Horiifoodservice Co  (TSE:3077) Operating Income Explanation

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

Horiifoodservice Co's annualized ROC % for the quarter that ended in May. 2026 is calculated as:

ROC % (Q: May. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Feb. 2026 ) + Invested Capital (Q: May. 2026 ))/ count )
=526.992 * ( 1 - 5.08% )/( (2926.295 + 2871.86)/ 2 )
=500.2208064/2899.0775
=17.25 %

where

Invested Capital(Q: Feb. 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))
=3737.387 - 357.254 - ( 2126.377 - max(0, 2051.936 - 2505.774+2126.377))
=2926.295

Invested Capital(Q: May. 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))
=3766.139 - 416.094 - ( 1981.248 - max(0, 1966.205 - 2444.39+1981.248))
=2871.86

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

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

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

ROC (Joel Greenblatt) %(Q: May. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2026  Q: May. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=493.94/( ( (746.315 + max(-251.927, 0)) + (838.013 + max(-182.451, 0)) )/ 2 )
=493.94/( ( 746.315 + 838.013 )/ 2 )
=493.94/792.164
=62.35 %

where Working Capital is:

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(142.901 + 101.056 + 135.44) - (357.254 + 0 + 274.07)
=-251.927

Working Capital(Q: May. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(178.479 + 97.818 + 186.845) - (416.094 + 0 + 229.499)
=-182.451

When net working capital is negative, 0 is used.

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

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

Horiifoodservice Co's Operating Margin % for the quarter that ended in May. 2026 is calculated as:

Operating Margin %=Operating Income (Q: May. 2026 )/Revenue (Q: May. 2026 )
=131.748/1472.334
=8.95 %

* 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.


Horiifoodservice Co Operating Income Related Terms


Horiifoodservice Co Operating Income Historical Data

* Premium members only.

The historical data trend for Horiifoodservice 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.

Horiifoodservice Co Operating Income Chart

Horiifoodservice Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -989.72 -1,121.60 -354.83 69.52 199.68

Horiifoodservice Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Feb26 May26
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 63.74 45.12 58.69 213.52 131.75
TSE:3077
36GF Score
Horiifoodservice Co Ltd TSE:3077
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Horiifoodservice 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 May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円449 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449 Mil mean?
Horiifoodservice Co (TSE:3077) has a Operating Income of 円449 Mil as of May. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Horiifoodservice Co and its competitors.
Is Horiifoodservice Co's Operating Income too high?
Horiifoodservice Co's current Operating Income is 円449 Mil. Overall, Horiifoodservice Co has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Horiifoodservice Co's Operating Income compare to MCD and SBUX?
Horiifoodservice Co's Operating Income of 円449 Mil can be compared against companies in the Restaurants 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 Restaurants company?
A good Operating Income depends on the Restaurants 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 Horiifoodservice Co and its competitors. Horiifoodservice Co's current Operating Income is 円449 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horiifoodservice Co stock overvalued right now?
Based on GuruFocus' analysis, Horiifoodservice Co (TSE:3077) is currently considered Significantly Overvalued. The stock's GF Value™ is 円388.63, compared to a current price of 円868.00 — trading 123.3% above its estimated fair value. The current Operating Income is 円449 Mil. Horiifoodservice Co's overall GF Score™ is 36/100 with 4 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 Horiifoodservice Co (TSE:3077), the current Operating Income is 円449 Mil as of May. 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 Horiifoodservice Co (TSE:3077) Overvalued in 2026?

Based on GuruFocus' analysis, Horiifoodservice Co stock appears to be overvalued. The current stock price of 円868.00 is trading 123.3% above its estimated GF Value™ of 円388.63. GuruFocus considers Horiifoodservice Co to be Significantly Overvalued.

Key valuation signals for TSE:3077:

  • Operating Income: 円449 Mil
  • GF Value™: 円388.63 vs. price of 円868.00 (123.3% above fair value)
  • GF Score™: 36/100 with 4 warning signs

No single metric tells the full story. See the TSE:3077 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Horiifoodservice Co Business Description

Address Miyato-shi, Ibaraki Prefecture, Central Miyako-shi, Miyako-shi, JPN
Horiifoodservice Co Ltd is engaged in operating restaurants and providing store development services. The brands of the company include Hidden house Ninja, garlic trees of thorns, and Japanese dining taste. The company operates in Japan.
36GF Score

Get the complete analysis for TSE:3077

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

円868.00
Price
円388.63
GF Value