Towa Food Service Co (TSE:3329) Operating Income: 円984 Mil (TTM As of Apr. 2026)

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TSE:3329 Towa Food Service Co Ltd TSE:3329
73 GF Score
Price 円2,123.00
GF Value 円2,237.78
Valuation Fairly Valued
! 2 Warning Signs
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What is Towa Food Service Co Operating Income?

Towa Food Service Co TSE:3329 +0.14% 73 Operating Income is 円984 Mil as of Apr. 2026. GuruFocus rates TSE:3329 with a GF Score™ of 73/100 and a GF Value™ of 円2,237.78 (Fairly Valued). The stock has 2 warning signs investors should review.

Towa Food Service Co's Operating Income for the six months ended in Apr. 2026 was 円600 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 was 円984 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Towa Food Service Co's Operating Income for the six months ended in Apr. 2026 was 円600 Mil. Towa Food Service Co's Revenue for the six months ended in Apr. 2026 was 円6,788 Mil. Therefore, Towa Food Service Co's Operating Margin % for the quarter that ended in Apr. 2026 was 8.84%.

Towa Food Service 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. Towa Food Service Co's annualized ROC % for the quarter that ended in Apr. 2026 was 20.17%. Towa Food Service Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 37.11%.


Towa Food Service Co  (TSE:3329) Operating Income Explanation

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

Towa Food Service Co's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2025 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=1200.498 * ( 1 - 27.69% )/( (4324.826 + 4284.504)/ 2 )
=868.0801038/4304.665
=20.17 %

where

Invested Capital(Q: Oct. 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))
=9451.051 - 1115.552 - ( 4457.86 - max(0, 1377.363 - 5388.036+4457.86))
=4324.826

Invested Capital(Q: Apr. 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))
=9815.881 - 1107.899 - ( 4773.211 - max(0, 1333.959 - 5757.437+4773.211))
=4284.504

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

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

Towa Food Service Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2025  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1200.498/( ( (3234.695 + max(-442.066, 0)) + (3234.785 + max(-344.612, 0)) )/ 2 )
=1200.498/( ( 3234.695 + 3234.785 )/ 2 )
=1200.498/3234.74
=37.11 %

where Working Capital is:

Working Capital(Q: Oct. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(236.09 + 208.335 + 485.751) - (1115.552 + 0 + 256.69)
=-442.066

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(252.301 + 234.149 + 497.776) - (1107.899 + 0 + 220.939)
=-344.612

When net working capital is negative, 0 is used.

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

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

Towa Food Service Co's Operating Margin % for the quarter that ended in Apr. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=600.249/6787.773
=8.84 %

* 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.


Towa Food Service Co Operating Income Related Terms


Towa Food Service Co Operating Income Historical Data

* Premium members only.

The historical data trend for Towa Food Service 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.

Towa Food Service Co Operating Income Chart

Towa Food Service Co Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -751.21 614.57 997.17 1,062.71 983.76

Towa Food Service Co Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 569.82 461.19 601.52 383.52 600.25
TSE:3329
73GF Score
Towa Food Service Co Ltd TSE:3329
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Towa Food Service 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 Apr. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円984 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984 Mil mean?
Towa Food Service Co (TSE:3329) has a Operating Income of 円984 Mil as of Apr. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Towa Food Service Co and its competitors.
Is Towa Food Service Co's Operating Income too high?
Towa Food Service Co's current Operating Income is 円984 Mil. Overall, Towa Food Service Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Towa Food Service Co's Operating Income compare to MCD and SBUX?
Towa Food Service Co's Operating Income of 円984 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 Towa Food Service Co and its competitors. Towa Food Service Co's current Operating Income is 円984 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Towa Food Service Co stock overvalued right now?
Based on GuruFocus' analysis, Towa Food Service Co (TSE:3329) is currently considered Fairly Valued. The stock's GF Value™ is 円2,237.78, compared to a current price of 円2,123.00 — trading 5.1% below its estimated fair value. The current Operating Income is 円984 Mil. Towa Food Service Co's overall GF Score™ is 73/100 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 Towa Food Service Co (TSE:3329), the current Operating Income is 円984 Mil as of Apr. 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 Towa Food Service Co (TSE:3329) Overvalued in 2026?

Based on GuruFocus' analysis, Towa Food Service Co stock appears to be undervalued. The current stock price of 円2,123.00 is trading 5.1% below its estimated GF Value™ of 円2,237.78. GuruFocus considers Towa Food Service Co to be Fairly Valued.

Key valuation signals for TSE:3329:

  • Operating Income: 円984 Mil
  • GF Value™: 円2,237.78 vs. price of 円2,123.00 (5.1% below fair value)
  • GF Score™: 73/100 with 2 warning signs

No single metric tells the full story. See the TSE:3329 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Towa Food Service Co Business Description

Address 3-20-1, Towa J\'S Building, 6th Floor, Shinbashi, Minato-ku, Tokyo, JPN, 105-0004
Towa Food Service Co Ltd operates of restaurants, cafes, and other specialty food stores. Its product line includes store chains known as Spaghetti-ya Dona, Ducky Duck and Pronto. The company offers coffee, tea, pasta and pizza, and other dining and cafe related products. It operates in a single segment which is food service business.
73GF Score

Get the complete analysis for TSE:3329

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

円2,123.00
Price
円2,237.78
GF Value