Yamada Servicer Synthetic Office (TSE:4351) Operating Income: 円74 Mil (TTM As of Dec. 2025)

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TSE:4351 Yamada Servicer Synthetic Office TSE:4351
61 GF Score
Price 円842.00
GF Value 円886.96
Valuation Fairly Valued
! 4 Warning Signs
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What is Yamada Servicer Synthetic Office Operating Income?

Yamada Servicer Synthetic Office TSE:4351 -1.06% 61 Operating Income is 円74 Mil as of Dec. 2025. GuruFocus rates TSE:4351 with a GF Score™ of 61/100 and a GF Value™ of 円886.96 (Fairly Valued). The stock has 4 warning signs investors should review.

Yamada Servicer Synthetic Office's Operating Income for the six months ended in Dec. 2025 was 円203 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was 円74 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Yamada Servicer Synthetic Office's Operating Income for the six months ended in Dec. 2025 was 円203 Mil. Yamada Servicer Synthetic Office's Revenue for the six months ended in Dec. 2025 was 円1,346 Mil. Therefore, Yamada Servicer Synthetic Office's Operating Margin % for the quarter that ended in Dec. 2025 was 15.06%.

Yamada Servicer Synthetic Office'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. Yamada Servicer Synthetic Office's annualized ROC % for the quarter that ended in Dec. 2025 was 7.97%. Yamada Servicer Synthetic Office's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 234.05%.


Yamada Servicer Synthetic Office  (TSE:4351) Operating Income Explanation

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

Yamada Servicer Synthetic Office'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: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=405.548 * ( 1 - 6.78% )/( (5243.696 + 4247.886)/ 2 )
=378.0518456/4745.791
=7.97 %

where

Invested Capital(Q: Jun. 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))
=6408.727 - 66.457 - ( 1098.574 - max(0, 2108.037 - 5717.888+1098.574))
=5243.696

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))
=5797.344 - 76.334 - ( 1473.124 - max(0, 1369.879 - 5152.394+1473.124))
=4247.886

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

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

Yamada Servicer Synthetic Office'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: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=470.348/( ( (282.821 + max(-217.759, 0)) + (100.999 + max(18.099, 0)) )/ 2 )
=470.348/( ( 282.821 + 119.098 )/ 2 )
=470.348/200.9595
=234.05 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(125.327 + 597.456 + -788.145) - (66.457 + 0 + 85.94)
=-217.759

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(123.966 + 694.131 + -637.308) - (76.334 + 0 + 86.356)
=18.099

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

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

Yamada Servicer Synthetic Office'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 )
=202.774/1346.035
=15.06 %

* 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.


Yamada Servicer Synthetic Office Operating Income Related Terms


Yamada Servicer Synthetic Office Operating Income Historical Data

* Premium members only.

The historical data trend for Yamada Servicer Synthetic Office'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.

Yamada Servicer Synthetic Office Operating Income Chart

Yamada Servicer Synthetic Office Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 96.66 54.01 82.98 36.04 74.08

Yamada Servicer Synthetic Office Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 43.84 28.21 7.83 -128.70 202.77
TSE:4351
61GF Score
Yamada Servicer Synthetic Office TSE:4351
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Yamada Servicer Synthetic Office 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 semi-annually data reported by the company within the most recent 12 months, which was 円74 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74 Mil mean?
Yamada Servicer Synthetic Office (TSE:4351) has a Operating Income of 円74 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Yamada Servicer Synthetic Office and its competitors.
Is Yamada Servicer Synthetic Office's Operating Income too high?
Yamada Servicer Synthetic Office's current Operating Income is 円74 Mil. Overall, Yamada Servicer Synthetic Office has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Yamada Servicer Synthetic Office's Operating Income compare to CTAS and CPRT?
Yamada Servicer Synthetic Office's Operating Income of 円74 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Operating Income depends on the Business Services 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 Yamada Servicer Synthetic Office and its competitors. Yamada Servicer Synthetic Office's current Operating Income is 円74 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yamada Servicer Synthetic Office stock overvalued right now?
Based on GuruFocus' analysis, Yamada Servicer Synthetic Office (TSE:4351) is currently considered Fairly Valued. The stock's GF Value™ is 円886.96, compared to a current price of 円842.00 — trading 5.1% below its estimated fair value. The current Operating Income is 円74 Mil. Yamada Servicer Synthetic Office's overall GF Score™ is 61/100 with 4 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 Yamada Servicer Synthetic Office (TSE:4351), the current Operating Income is 円74 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 Yamada Servicer Synthetic Office (TSE:4351) Overvalued in 2026?

Based on GuruFocus' analysis, Yamada Servicer Synthetic Office stock appears to be undervalued. The current stock price of 円842.00 is trading 5.1% below its estimated GF Value™ of 円886.96. GuruFocus considers Yamada Servicer Synthetic Office to be Fairly Valued.

Key valuation signals for TSE:4351:

  • Operating Income: 円74 Mil
  • GF Value™: 円886.96 vs. price of 円842.00 (5.1% below fair value)
  • GF Score™: 61/100 with 4 warning signs

No single metric tells the full story. See the TSE:4351 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yamada Servicer Synthetic Office Business Description

Address 1-11-15 Kitasaiwai, Yokohama ST Building 18th Floor, Nishi-ku, Yokohama, Kanagawa, JPN, 220-0004
Yamada Servicer Synthetic Office is engaged in responding to the needs of range of financial institutions, investors and others and manage and collect purchased loans and entrusted claims. The company is also engaged in real estate and development activities and it conducts current state survey and border determination survey necessary to promote effective utilization of real estate.
61GF Score

Get the complete analysis for TSE:4351

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

円842.00
Price
円886.96
GF Value