Nippon Shokubai Co (TSE:4114) Operating Income: 円25,378 Mil (TTM As of Jun. 2026)

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TSE:4114 Nippon Shokubai Co Ltd TSE:4114
75 GF Score
Price 円2,667.50
GF Value 円1,906.23
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Nippon Shokubai Co Operating Income?

Nippon Shokubai Co TSE:4114 -0.24% 75 Operating Income is 円25,378 Mil as of Jun. 2026. GuruFocus rates TSE:4114 with a GF Score™ of 75/100 and a GF Value™ of 円1,906.23 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Nippon Shokubai Co's Operating Income for the three months ended in Jun. 2026 was 円12,143 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was 円25,378 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Nippon Shokubai Co's Operating Income for the three months ended in Jun. 2026 was 円12,143 Mil. Nippon Shokubai Co's Revenue for the three months ended in Jun. 2026 was 円121,318 Mil. Therefore, Nippon Shokubai Co's Operating Margin % for the quarter that ended in Jun. 2026 was 10.01%.

Nippon Shokubai 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. Nippon Shokubai Co's annualized ROC % for the quarter that ended in Jun. 2026 was 7.73%. Nippon Shokubai Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 17.22%.


Nippon Shokubai Co  (TSE:4114) Operating Income Explanation

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

Nippon Shokubai Co's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=48572 * ( 1 - 24.8% )/( (465203 + 479876)/ 2 )
=36526.144/472539.5
=7.73 %

where

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

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

Nippon Shokubai Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=57548/( ( (223128 + max(105563, 0)) + (228140 + max(111601, 0)) )/ 2 )
=57548/( ( 328691 + 339741 )/ 2 )
=57548/334216
=17.22 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(91288 + 85758 + 9277) - (54086 + 0 + 26674)
=105563

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(104085 + 95607 + 9242) - (70350 + 0 + 26983)
=111601

When net working capital is negative, 0 is used.

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

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

Nippon Shokubai Co's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=12143/121318
=10.01 %

* 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.


Nippon Shokubai Co Operating Income Related Terms


Nippon Shokubai Co Operating Income Historical Data

* Premium members only.

The historical data trend for Nippon Shokubai 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.

Nippon Shokubai Co Operating Income Chart

Nippon Shokubai 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 29,061.00 23,529.00 16,563.00 19,063.00 17,530.00

Nippon Shokubai Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 4,295.00 4,715.00 6,175.00 2,345.00 12,143.00
TSE:4114
75GF Score
Nippon Shokubai Co Ltd TSE:4114
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Shokubai 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円25,378 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25,378 Mil mean?
Nippon Shokubai Co (TSE:4114) has a Operating Income of 円25,378 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Nippon Shokubai Co and its competitors.
Is Nippon Shokubai Co's Operating Income too high?
Nippon Shokubai Co's current Operating Income is 円25,378 Mil. Overall, Nippon Shokubai Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Shokubai Co's Operating Income compare to DOW?
Nippon Shokubai Co's Operating Income of 円25,378 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Operating Income depends on the Chemicals 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 Nippon Shokubai Co and its competitors. Nippon Shokubai Co's current Operating Income is 円25,378 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Shokubai Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Shokubai Co (TSE:4114) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,906.23, compared to a current price of 円2,667.50 — trading 39.9% above its estimated fair value. The current Operating Income is 円25,378 Mil. Nippon Shokubai Co's overall GF Score™ is 75/100 with 8 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 Nippon Shokubai Co (TSE:4114), the current Operating Income is 円25,378 Mil as of Jun. 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 Nippon Shokubai Co (TSE:4114) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Shokubai Co stock appears to be overvalued. The current stock price of 円2,667.50 is trading 39.9% above its estimated GF Value™ of 円1,906.23. GuruFocus considers Nippon Shokubai Co to be Significantly Overvalued.

Key valuation signals for TSE:4114:

  • Operating Income: 円25,378 Mil
  • GF Value™: 円1,906.23 vs. price of 円2,667.50 (39.9% above fair value)
  • GF Score™: 75/100 with 8 warning signs

No single metric tells the full story. See the TSE:4114 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Shokubai Co Business Description

Other Exchanges NSHKF:USA
Address 4-1-1, Koraibashi, Kogin Building, Chuo-ku, Osaka, JPN
Nippon Shokubai Co Ltd manufactures and sells a variety of chemicals, catalysts, and chemical-based products. The firm organizes itself into three segments based on product type. The functional chemicals segment, which generates the majority of revenue, sells polymers for concrete mixtures, acrylates used in detergents, and resins for paints and processed adhesive products. The basic chemicals segment sells ethylene oxide and ethylene glycol used in polyester fibers and plastic beverage containers. The environment and catalysts segment sells catalysts used for automotive products and lithium-ion battery production. The majority of revenue comes from Asia.
75GF Score

Get the complete analysis for TSE:4114

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

円2,667.50
Price
円1,906.23
GF Value