Superbag Co (TSE:3945) Operating Income: 円761 Mil (TTM As of Mar. 2026)

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TSE:3945 Superbag Co Ltd TSE:3945
55 GF Score
Price 円2,380.00
GF Value 円2,606.89
Valuation Fairly Valued
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What is Superbag Co Operating Income?

Superbag Co TSE:3945 +2.23% 55 Operating Income is 円761 Mil as of Mar. 2026. GuruFocus rates TSE:3945 with a GF Score™ of 55/100 and a GF Value™ of 円2,606.89 (Fairly Valued).

Superbag Co's Operating Income for the three months ended in Mar. 2026 was 円82 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was 円761 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Superbag Co's Operating Income for the three months ended in Mar. 2026 was 円82 Mil. Superbag Co's Revenue for the three months ended in Mar. 2026 was 円6,367 Mil. Therefore, Superbag Co's Operating Margin % for the quarter that ended in Mar. 2026 was 1.29%.

Superbag 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. Superbag Co's annualized ROC % for the quarter that ended in Mar. 2026 was 2.94%. Superbag Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 29.29%.


Superbag Co  (TSE:3945) Operating Income Explanation

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

Superbag Co'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 )
=328 * ( 1 - 12.3% )/( (10102 + 9451)/ 2 )
=287.656/9776.5
=2.94 %

where

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

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

Superbag Co'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 )
=1300/( ( (2326 + max(1762, 0)) + (2356 + max(2433, 0)) )/ 2 )
=1300/( ( 4088 + 4789 )/ 2 )
=1300/4438.5
=29.29 %

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)
=(5377 + 3023 + 828) - (3857 + 0 + 3609)
=1762

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3774 + 2841 + 667) - (2691 + 0 + 2158)
=2433

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 %:

Superbag Co'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 )
=82/6367
=1.29 %

* 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.


Superbag Co Operating Income Related Terms


Superbag Co Operating Income Historical Data

* Premium members only.

The historical data trend for Superbag 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.

Superbag Co Operating Income Chart

Superbag Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -494.00 454.00 1,037.00 904.00 761.00

Superbag Co 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 0.00 154.00 146.00 379.00 82.00
TSE:3945
55GF Score
Superbag Co Ltd TSE:3945
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Superbag 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円761 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761 Mil mean?
Superbag Co (TSE:3945) has a Operating Income of 円761 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Superbag Co and its competitors.
Is Superbag Co's Operating Income too high?
Superbag Co's current Operating Income is 円761 Mil. Overall, Superbag Co has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Superbag Co's Operating Income compare to competitors?
Superbag Co's Operating Income of 円761 Mil can be compared against companies in the Forest Products 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 Forest Products company?
A good Operating Income depends on the Forest Products 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 Superbag Co and its competitors. Superbag Co's current Operating Income is 円761 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Superbag Co stock overvalued right now?
Based on GuruFocus' analysis, Superbag Co (TSE:3945) is currently considered Fairly Valued. The stock's GF Value™ is 円2,606.89, compared to a current price of 円2,380.00 — trading 8.7% below its estimated fair value. The current Operating Income is 円761 Mil. Superbag Co's overall GF Score™ is 55/100. 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 Superbag Co (TSE:3945), the current Operating Income is 円761 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 Superbag Co (TSE:3945) Overvalued in 2026?

Based on GuruFocus' analysis, Superbag Co stock appears to be undervalued. The current stock price of 円2,380.00 is trading 8.7% below its estimated GF Value™ of 円2,606.89. GuruFocus considers Superbag Co to be Fairly Valued.

Key valuation signals for TSE:3945:

  • Operating Income: 円761 Mil
  • GF Value™: 円2,606.89 vs. price of 円2,380.00 (8.7% below fair value)
  • GF Score™: 55/100

No single metric tells the full story. See the TSE:3945 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Superbag Co Business Description

Address 5-18-11 Nishi-Ikebukuro, Toshima-ku, Tokyo, JPN, 171-0021
Superbag Co Ltd is the Japan-based company engaged in the manufacturing and distribution of paper and plastic shopping bags. Its product offering includes a plastic bag, a paper square bottom bag, delivery bag, eco bag and paperware.
55GF Score

Get the complete analysis for TSE:3945

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

円2,380.00
Price
円2,606.89
GF Value