Renet Japan Group (TSE:3556) Operating Income: 円732 Mil (TTM As of Mar. 2026)

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TSE:3556 Renet Japan Group Inc TSE:3556
64 GF Score
Price 円820.00
GF Value 円481.64
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Renet Japan Group Operating Income?

Renet Japan Group TSE:3556 -0.61% 64 Operating Income is 円732 Mil as of Mar. 2026. GuruFocus rates TSE:3556 with a GF Score™ of 64/100 and a GF Value™ of 円481.64 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Renet Japan Group's Operating Income for the three months ended in Mar. 2026 was 円511 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was 円732 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Renet Japan Group's Operating Income for the three months ended in Mar. 2026 was 円511 Mil. Renet Japan Group's Revenue for the three months ended in Mar. 2026 was 円4,016 Mil. Therefore, Renet Japan Group's Operating Margin % for the quarter that ended in Mar. 2026 was 12.73%.

Renet Japan Group'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. Renet Japan Group's annualized ROC % for the quarter that ended in Mar. 2026 was 25.59%. Renet Japan Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 67.36%.


Renet Japan Group  (TSE:3556) Operating Income Explanation

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

Renet Japan Group'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 )
=2045.16 * ( 1 - 3.36% )/( (8008.31 + 7441.359)/ 2 )
=1976.442624/7724.8345
=25.59 %

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))
=9345.723 - 563.126 - ( 2697.937 - max(0, 3934.62 - 4708.907+2697.937))
=8008.31

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))
=10203.053 - 852.125 - ( 2603.378 - max(0, 3658.86 - 5568.429+2603.378))
=7441.359

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

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

Renet Japan Group'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 )
=2036.936/( ( (1864.149 + max(731.998, 0)) + (1994.941 + max(1456.581, 0)) )/ 2 )
=2036.936/( ( 2596.147 + 3451.522 )/ 2 )
=2036.936/3023.8345
=67.36 %

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)
=(1101.102 + 175.022 + 734.846) - (563.126 + 0 + 715.846)
=731.998

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1596.843 + 642.689 + 725.519) - (852.125 + 0 + 656.345)
=1456.581

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 %:

Renet Japan Group'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 )
=511.29/4016.453
=12.73 %

* 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.


Renet Japan Group Operating Income Related Terms


Renet Japan Group Operating Income Historical Data

* Premium members only.

The historical data trend for Renet Japan Group'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.

Renet Japan Group Operating Income Chart

Renet Japan Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 518.31 500.62 73.74 -1,263.45 301.21

Renet Japan Group Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.00 102.16 89.98 28.18 511.29
TSE:3556
64GF Score
Renet Japan Group Inc TSE:3556
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Renet Japan Group 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 円732 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732 Mil mean?
Renet Japan Group (TSE:3556) has a Operating Income of 円732 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Renet Japan Group and its competitors.
Is Renet Japan Group's Operating Income too high?
Renet Japan Group's current Operating Income is 円732 Mil. Overall, Renet Japan Group has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Renet Japan Group's Operating Income compare to AMZN and BABA?
Renet Japan Group's Operating Income of 円732 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Operating Income depends on the Retail - Cyclical 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 Renet Japan Group and its competitors. Renet Japan Group's current Operating Income is 円732 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renet Japan Group stock overvalued right now?
Based on GuruFocus' analysis, Renet Japan Group (TSE:3556) is currently considered Significantly Overvalued. The stock's GF Value™ is 円481.64, compared to a current price of 円820.00 — trading 70.3% above its estimated fair value. The current Operating Income is 円732 Mil. Renet Japan Group's overall GF Score™ is 64/100 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 Renet Japan Group (TSE:3556), the current Operating Income is 円732 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 Renet Japan Group (TSE:3556) Overvalued in 2026?

Based on GuruFocus' analysis, Renet Japan Group stock appears to be overvalued. The current stock price of 円820.00 is trading 70.3% above its estimated GF Value™ of 円481.64. GuruFocus considers Renet Japan Group to be Significantly Overvalued.

Key valuation signals for TSE:3556:

  • Operating Income: 円732 Mil
  • GF Value™: 円481.64 vs. price of 円820.00 (70.3% above fair value)
  • GF Score™: 64/100 with 4 warning signs

No single metric tells the full story. See the TSE:3556 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Renet Japan Group Business Description

Address 3-33 Hiiragiyamacho, Aichi Prefecture, Obu, JPN, 474-0053
Renet Japan Group Inc is engaged in the online recycling business. Its products include books, CD, game software, precious metals, and musical instruments. It has net reuse business and net recycling business.
64GF Score

Get the complete analysis for TSE:3556

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

円820.00
Price
円481.64
GF Value