Kinjiro Co (TSE:4013) Operating Income: 円1,066 Mil (TTM As of Dec. 2025)

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TSE:4013 Kinjiro Co Ltd TSE:4013
86 GF Score
Price 円706.00
GF Value 円875.58
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Kinjiro Co Operating Income?

Kinjiro Co TSE:4013 -0.14% 86 Operating Income is 円1,066 Mil as of Dec. 2025. GuruFocus rates TSE:4013 with a GF Score™ of 86/100 and a GF Value™ of 円875.58 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Kinjiro Co's Operating Income for the three months ended in Dec. 2025 was 円355 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was 円1,066 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Kinjiro Co's Operating Income for the three months ended in Dec. 2025 was 円355 Mil. Kinjiro Co's Revenue for the three months ended in Dec. 2025 was 円1,415 Mil. Therefore, Kinjiro Co's Operating Margin % for the quarter that ended in Dec. 2025 was 25.11%.

Good Sign:

Kinjiro Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

Kinjiro Co's 5-Year average Growth Rate for Operating Margin % was 15.80% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kinjiro Co's annualized ROC % for the quarter that ended in Dec. 2025 was 11.35%. Kinjiro Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 25.34%.


Kinjiro Co  (TSE:4013) Operating Income Explanation

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

Kinjiro Co's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=1421.36 * ( 1 - 31.58% )/( (8593.124 + 8544.699)/ 2 )
=972.494512/8568.9115
=11.35 %

where

Invested Capital(Q: Sep. 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))
=13312.9 - 345.648 - ( 4628.714 - max(0, 1280.366 - 5654.494+4628.714))
=8593.124

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))
=13733.419 - 683.714 - ( 4994.739 - max(0, 1525.349 - 6030.355+4994.739))
=8544.699

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) data.

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

Kinjiro Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1450.252/( ( (5666.534 + max(-4.5900000000007, 0)) + (5777.888 + max(-239.737, 0)) )/ 2 )
=1450.252/( ( 5666.534 + 5777.888 )/ 2 )
=1450.252/5722.211
=25.34 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(806.357 + 92.306 + 127.117) - (345.648 + 0 + 684.722)
=-4.5900000000007

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(847.071 + 92.245 + 96.3) - (683.714 + 0 + 591.639)
=-239.737

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT data.

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

Kinjiro Co's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=355.34/1415.248
=25.11 %

* 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.


Kinjiro Co Operating Income Related Terms


Kinjiro Co Operating Income Historical Data

* Premium members only.

The historical data trend for Kinjiro 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.

Kinjiro Co Operating Income Chart

Kinjiro Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial 261.73 444.37 572.17 729.86 1,521.38

Kinjiro Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 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 350.87 384.15 0.00 355.34 326.19
TSE:4013
86GF Score
Kinjiro Co Ltd TSE:4013
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Kinjiro 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 Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was 円1,066 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1,066 Mil mean?
Kinjiro Co (TSE:4013) has a Operating Income of 円1,066 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Kinjiro Co and its competitors.
Is Kinjiro Co's Operating Income too high?
Kinjiro Co's current Operating Income is 円1,066 Mil. Overall, Kinjiro Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kinjiro Co's Operating Income compare to QH and SHOP?
Kinjiro Co's Operating Income of 円1,066 Mil can be compared against companies in the Software 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 Software company?
A good Operating Income depends on the Software 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 Kinjiro Co and its competitors. Kinjiro Co's current Operating Income is 円1,066 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinjiro Co stock overvalued right now?
Based on GuruFocus' analysis, Kinjiro Co (TSE:4013) is currently considered Modestly Undervalued. The stock's GF Value™ is 円875.58, compared to a current price of 円706.00 — trading 19.4% below its estimated fair value. The current Operating Income is 円1,066 Mil. Kinjiro Co's overall GF Score™ is 86/100 with 1 warning sign 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 Kinjiro Co (TSE:4013), the current Operating Income is 円1,066 Mil as of Dec. 2025. 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 Kinjiro Co (TSE:4013) Overvalued in 2026?

Based on GuruFocus' analysis, Kinjiro Co stock appears to be undervalued. The current stock price of 円706.00 is trading 19.4% below its estimated GF Value™ of 円875.58. GuruFocus considers Kinjiro Co to be Modestly Undervalued.

Key valuation signals for TSE:4013:

  • Operating Income: 円1,066 Mil
  • GF Value™: 円875.58 vs. price of 円706.00 (19.4% below fair value)
  • GF Score™: 86/100 with 1 warning sign

No single metric tells the full story. See the TSE:4013 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kinjiro Co Business Description

Address 4-14-1 Sotokanda, Tokyo Akihabara UDX Building South, 18th floor, Chiyoda-ku, Tokyo, JPN, 101-0021
Kinjiro Co Ltd is engaged in Human Resource Management where company develops and sells ERP packages, working time clock-in terminals, health management systems, labor cost management systems, and also provides Consulting and system construction/maintenance services. It provide a consistent solution service that includes the development, sales, and support of integrated HRM solutions.
86GF Score

Get the complete analysis for TSE:4013

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

円706.00
Price
円875.58
GF Value