Sanwayuka Industry (TSE:4125) Operating Income: 円3,715 Mil (TTM As of Mar. 2026)

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TSE:4125 Sanwayuka Industry Corp TSE:4125
73 GF Score
Price 円3,700.00
GF Value 円3,218.48
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Sanwayuka Industry Operating Income?

Sanwayuka Industry TSE:4125 -3.14% 73 Operating Income is 円3,715 Mil as of Mar. 2026. GuruFocus rates TSE:4125 with a GF Score™ of 73/100 and a GF Value™ of 円3,218.48 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Sanwayuka Industry's Operating Income for the six months ended in Mar. 2026 was 円3,223 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was 円3,715 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Sanwayuka Industry's Operating Income for the six months ended in Mar. 2026 was 円3,223 Mil. Sanwayuka Industry's Revenue for the six months ended in Mar. 2026 was 円11,976 Mil. Therefore, Sanwayuka Industry's Operating Margin % for the quarter that ended in Mar. 2026 was 26.91%.

Sanwayuka Industry's 5-Year average Growth Rate for Operating Margin % was -1.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sanwayuka Industry's annualized ROC % for the quarter that ended in Mar. 2026 was 20.86%. Sanwayuka Industry's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.36%.


Sanwayuka Industry  (TSE:4125) Operating Income Explanation

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

Sanwayuka Industry'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: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=6445.544 * ( 1 - 35.4% )/( (17847.067 + 22069.704)/ 2 )
=4163.821424/19958.3855
=20.86 %

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))
=22207.839 - 1401.535 - ( 3208.118 - max(0, 4432.335 - 7391.572+3208.118))
=17847.067

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))
=26024.224 - 1794.853 - ( 2159.667 - max(0, 5572.459 - 7794.389+2159.667))
=22069.704

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

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

Sanwayuka Industry'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: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2138.688/( ( (13347.575 + max(1093.27, 0)) + (16079.107 + max(1498.099, 0)) )/ 2 )
=2138.688/( ( 14440.845 + 17577.206 )/ 2 )
=2138.688/16009.0255
=13.36 %

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)
=(2727.403 + 834.235 + 621.816) - (1401.535 + 0 + 1688.649)
=1093.27

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3467.591 + 1584.659 + 582.472) - (1794.853 + 0 + 2341.77)
=1498.099

When net working capital is negative, 0 is used.

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

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

Sanwayuka Industry'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 )
=3222.772/11975.641
=26.91 %

* 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.


Sanwayuka Industry Operating Income Related Terms


Sanwayuka Industry Operating Income Historical Data

* Premium members only.

The historical data trend for Sanwayuka Industry'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.

Sanwayuka Industry Operating Income Chart

Sanwayuka Industry Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial 3,005.67 3,335.14 2,929.12 2,737.40 3,715.08

Sanwayuka Industry Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,159.81 337.69 2,399.71 492.30 3,222.77
TSE:4125
73GF Score
Sanwayuka Industry Corp TSE:4125
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Sanwayuka Industry 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 semi-annually data reported by the company within the most recent 12 months, which was 円3,715 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3,715 Mil mean?
Sanwayuka Industry (TSE:4125) has a Operating Income of 円3,715 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Sanwayuka Industry and its competitors.
Is Sanwayuka Industry's Operating Income too high?
Sanwayuka Industry's current Operating Income is 円3,715 Mil. Overall, Sanwayuka Industry has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sanwayuka Industry's Operating Income compare to WM and RSG?
Sanwayuka Industry's Operating Income of 円3,715 Mil can be compared against companies in the Waste Management 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 Waste Management company?
A good Operating Income depends on the Waste Management 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 Sanwayuka Industry and its competitors. Sanwayuka Industry's current Operating Income is 円3,715 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanwayuka Industry stock overvalued right now?
Based on GuruFocus' analysis, Sanwayuka Industry (TSE:4125) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,218.48, compared to a current price of 円3,700.00 — trading 15% above its estimated fair value. The current Operating Income is 円3,715 Mil. Sanwayuka Industry's overall GF Score™ is 73/100 with 6 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 Sanwayuka Industry (TSE:4125), the current Operating Income is 円3,715 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 Sanwayuka Industry (TSE:4125) Overvalued in 2026?

Based on GuruFocus' analysis, Sanwayuka Industry stock appears to be overvalued. The current stock price of 円3,700.00 is trading 15% above its estimated GF Value™ of 円3,218.48. GuruFocus considers Sanwayuka Industry to be Modestly Overvalued.

Key valuation signals for TSE:4125:

  • Operating Income: 円3,715 Mil
  • GF Value™: 円3,218.48 vs. price of 円3,700.00 (15% above fair value)
  • GF Score™: 73/100 with 6 warning signs

No single metric tells the full story. See the TSE:4125 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sanwayuka Industry Business Description

Address 15 Fukada, Ichiriyamacho, Aichi Prefecture, Kariya, JPN, 448-0002
Sanwayuka Industry Corp is engaged in the manufacturing and sale of chemicals and oil products, collecting industrial waste after use, and provides intermediate disposal and recycling services. It mainly operates in five business areas: reuse, recycling, chemical, automotive, and engineering. The reuse business, which is the company's primary source of revenue, collects industrial waste like used solvents, acids, and metals from factories. This waste is processed at the company's facilities and then turned into recycled products, which are either reused for their original purpose or used to make things like paint, cleaning supplies, or surface treatment materials. The firm operates in a single segment, the Environment-related business.
73GF Score

Get the complete analysis for TSE:4125

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

円3,700.00
Price
円3,218.48
GF Value