Hybrid Technologies Co (TSE:4260) Operating Income: 円124 Mil (TTM As of Mar. 2026)

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TSE:4260 Hybrid Technologies Co Ltd TSE:4260
58 GF Score
Price 円207.00
GF Value 円549.81
Valuation Possible Value Trap
! 9 Warning Signs
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What is Hybrid Technologies Co Operating Income?

Hybrid Technologies Co TSE:4260 -1.43% 58 Operating Income is 円124 Mil as of Mar. 2026. GuruFocus rates TSE:4260 with a GF Score™ of 58/100 and a GF Value™ of 円549.81 (Possible Value Trap). The stock has 9 warning signs investors should review.

Hybrid Technologies Co's Operating Income for the three months ended in Mar. 2026 was 円185 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was 円124 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Hybrid Technologies Co's Operating Income for the three months ended in Mar. 2026 was 円185 Mil. Hybrid Technologies Co's Revenue for the three months ended in Mar. 2026 was 円2,215 Mil. Therefore, Hybrid Technologies Co's Operating Margin % for the quarter that ended in Mar. 2026 was 8.33%.

Warning Sign:

Hybrid Technologies Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -27.5%.

Hybrid Technologies Co's 5-Year average Growth Rate for Operating Margin % was -27.50% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hybrid Technologies Co's annualized ROC % for the quarter that ended in Mar. 2026 was 13.23%. Hybrid Technologies Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 83.73%.


Hybrid Technologies Co  (TSE:4260) Operating Income Explanation

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

Hybrid Technologies 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 )
=738.472 * ( 1 - 16.13% )/( (4493.537 + 4872.629)/ 2 )
=619.3564664/4683.083
=13.23 %

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))
=6088.883 - 1186.435 - ( 1574.043 - max(0, 2493.515 - 2902.426+1574.043))
=4493.537

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))
=7157.464 - 1990.074 - ( 1406.368 - max(0, 3519.486 - 3814.247+1406.368))
=4872.629

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

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

Hybrid Technologies 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 )
=751.724/( ( (857.88 + max(-191.164, 0)) + (811.832 + max(125.772, 0)) )/ 2 )
=751.724/( ( 857.88 + 937.604 )/ 2 )
=751.724/897.742
=83.73 %

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)
=(858.548 + 285.605 + 184.23) - (1186.435 + 0 + 333.112)
=-191.164

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1813.273 + 49.409 + 545.197) - (1990.074 + 0 + 292.033)
=125.772

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 %:

Hybrid Technologies 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 )
=184.618/2215.358
=8.33 %

* 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.


Hybrid Technologies Co Operating Income Related Terms


Hybrid Technologies Co Operating Income Historical Data

* Premium members only.

The historical data trend for Hybrid Technologies 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.

Hybrid Technologies Co Operating Income Chart

Hybrid Technologies Co Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Operating Income
Get a 7-Day Free Trial 111.38 287.84 256.76 108.42 28.94

Hybrid Technologies Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 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 -90.32 0.00 0.00 -60.91 184.62
TSE:4260
58GF Score
Hybrid Technologies Co Ltd TSE:4260
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Hybrid Technologies 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124 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124 Mil mean?
Hybrid Technologies Co (TSE:4260) has a Operating Income of 円124 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Hybrid Technologies Co and its competitors.
Is Hybrid Technologies Co's Operating Income too high?
Hybrid Technologies Co's current Operating Income is 円124 Mil. Overall, Hybrid Technologies Co has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hybrid Technologies Co's Operating Income compare to IBM and ACN?
Hybrid Technologies Co's Operating Income of 円124 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 Hybrid Technologies Co and its competitors. Hybrid Technologies Co's current Operating Income is 円124 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hybrid Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Hybrid Technologies Co (TSE:4260) is currently considered Possible Value Trap. The stock's GF Value™ is 円549.81, compared to a current price of 円207.00 — trading 62.4% below its estimated fair value. The current Operating Income is 円124 Mil. Hybrid Technologies Co's overall GF Score™ is 58/100 with 9 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 Hybrid Technologies Co (TSE:4260), the current Operating Income is 円124 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 Hybrid Technologies Co (TSE:4260) Overvalued in 2026?

Based on GuruFocus' analysis, Hybrid Technologies Co stock appears to be undervalued. The current stock price of 円207.00 is trading 62.4% below its estimated GF Value™ of 円549.81. GuruFocus considers Hybrid Technologies Co to be Possible Value Trap.

Key valuation signals for TSE:4260:

  • Operating Income: 円124 Mil
  • GF Value™: 円549.81 vs. price of 円207.00 (62.4% below fair value)
  • GF Score™: 58/100 with 9 warning signs

No single metric tells the full story. See the TSE:4260 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hybrid Technologies Co Business Description

Address 2-22-1 Shinkawa, Ichigo Shinkawa Building, 5th Floor, Chuo-ku, Tokyo, JPN, 104-0033
Hybrid Technologies Co Ltd is engaged in promoting clients' digital transformation through hybrid services centered on software development with combined resources from Japan and Vietnam. The various services offered include customer service and system design, UX/UI design, post-development growth hacking, development and maintenance of websites and applications, among others. The company's Hybrid services are offered in two forms: stock services and flow services. The majority of its revenue is generated from the provision of stock services, which involves the services of personnel who handle each development process for a client's project and receive revenue according to the number of employees working.
58GF Score

Get the complete analysis for TSE:4260

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

円207.00
Price
円549.81
GF Value