Create SD Holdings Co (TSE:3148) Operating Income: 円23,974 Mil (TTM As of Feb. 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.

TSE:3148 Create SD Holdings Co Ltd TSE:3148
74 GF Score
Price 円3,235.00
GF Value 円3,646.23
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Create SD Holdings Co Operating Income?

Create SD Holdings Co TSE:3148 -0.77% 74 Operating Income is 円23,974 Mil as of Feb. 2026. GuruFocus rates TSE:3148 with a GF Score™ of 74/100 and a GF Value™ of 円3,646.23 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Create SD Holdings Co's Operating Income for the three months ended in Feb. 2026 was 円6,003 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2026 was 円23,974 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Create SD Holdings Co's Operating Income for the three months ended in Feb. 2026 was 円6,003 Mil. Create SD Holdings Co's Revenue for the three months ended in Feb. 2026 was 円124,292 Mil. Therefore, Create SD Holdings Co's Operating Margin % for the quarter that ended in Feb. 2026 was 4.83%.

Warning Sign:

Create SD Holdings Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -2.4%.

Create SD Holdings Co's 5-Year average Growth Rate for Operating Margin % was -2.40% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Create SD Holdings Co's annualized ROC % for the quarter that ended in Feb. 2026 was 10.48%. Create SD Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 23.34%.


Create SD Holdings Co  (TSE:3148) Operating Income Explanation

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

Create SD Holdings Co's annualized ROC % for the quarter that ended in Feb. 2026 is calculated as:

ROC % (Q: Feb. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2025 ) + Invested Capital (Q: Feb. 2026 ))/ count )
=24012 * ( 1 - 31.91% )/( (154387 + 157700)/ 2 )
=16349.7708/156043.5
=10.48 %

where

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

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

Create SD Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=25412/( ( (107164 + max(-10065, 0)) + (110561 + max(-8114, 0)) )/ 2 )
=25412/( ( 107164 + 110561 )/ 2 )
=25412/108862.5
=23.34 %

where Working Capital is:

Working Capital(Q: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(18829 + 45819 + 10731) - (65665 + 0 + 19779)
=-10065

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(17910 + 44937 + 9721) - (61948 + 0 + 18734)
=-8114

When net working capital is negative, 0 is used.

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

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

Create SD Holdings Co's Operating Margin % for the quarter that ended in Feb. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=6003/124292
=4.83 %

* 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.


Create SD Holdings Co Operating Income Related Terms


Create SD Holdings Co Operating Income Historical Data

* Premium members only.

The historical data trend for Create SD Holdings 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.

Create SD Holdings Co Operating Income Chart

Create SD Holdings Co Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18,179.00 18,914.00 20,231.00 22,630.00 23,974.00

Create SD Holdings Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 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 6,196.00 5,638.00 5,472.00 6,003.00 6,861.00
TSE:3148
74GF Score
Create SD Holdings Co Ltd TSE:3148
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Create SD Holdings 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 Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円23,974 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23,974 Mil mean?
Create SD Holdings Co (TSE:3148) has a Operating Income of 円23,974 Mil as of Feb. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Create SD Holdings Co and its competitors.
Is Create SD Holdings Co's Operating Income too high?
Create SD Holdings Co's current Operating Income is 円23,974 Mil. Overall, Create SD Holdings Co has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Create SD Holdings Co's Operating Income compare to competitors?
Create SD Holdings Co's Operating Income of 円23,974 Mil can be compared against companies in the Healthcare Providers & 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 Healthcare Providers & Services company?
A good Operating Income depends on the Healthcare Providers & 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 Create SD Holdings Co and its competitors. Create SD Holdings Co's current Operating Income is 円23,974 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Create SD Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Create SD Holdings Co (TSE:3148) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,646.23, compared to a current price of 円3,235.00 — trading 11.3% below its estimated fair value. The current Operating Income is 円23,974 Mil. Create SD Holdings Co's overall GF Score™ is 74/100 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 Create SD Holdings Co (TSE:3148), the current Operating Income is 円23,974 Mil as of Feb. 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 Create SD Holdings Co (TSE:3148) Overvalued in 2026?

Based on GuruFocus' analysis, Create SD Holdings Co stock appears to be undervalued. The current stock price of 円3,235.00 is trading 11.3% below its estimated GF Value™ of 円3,646.23. GuruFocus considers Create SD Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:3148:

  • Operating Income: 円23,974 Mil
  • GF Value™: 円3,646.23 vs. price of 円3,235.00 (11.3% below fair value)
  • GF Score™: 74/100 with 5 warning signs

No single metric tells the full story. See the TSE:3148 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Create SD Holdings Co Business Description

Address Edanishi two at 3-chome, Aoba-ku, Yokohama, JPN, 225-0014
Create SD Holdings Co Ltd operates drugstores, pharmacy dispensing businesses, and nursing care services. The company's drugstores sell pharmaceuticals, cosmetics, and food products, while the dispensing pharmacy business operates regional clinics. Create SD maintains nursing homes that facilitate elderly residents with services regarding health management, diet, and long-term care through preventative training classes.
74GF Score

Get the complete analysis for TSE:3148

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

円3,235.00
Price
円3,646.23
GF Value