Riken Vitamin Co (TSE:4526) Operating Income: 円6,901 Mil (TTM As of Mar. 2026)

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TSE:4526 Riken Vitamin Co Ltd TSE:4526
76 GF Score
Price 円3,155.00
GF Value 円2,913.14
Valuation Fairly Valued
! 5 Warning Signs
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What is Riken Vitamin Co Operating Income?

Riken Vitamin Co TSE:4526 +0.80% 76 Operating Income is 円6,901 Mil as of Mar. 2026. GuruFocus rates TSE:4526 with a GF Score™ of 76/100 and a GF Value™ of 円2,913.14 (Fairly Valued). The stock has 5 warning signs investors should review.

Riken Vitamin Co's Operating Income for the three months ended in Mar. 2026 was 円1,184 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was 円6,901 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Riken Vitamin Co's Operating Income for the three months ended in Mar. 2026 was 円1,184 Mil. Riken Vitamin Co's Revenue for the three months ended in Mar. 2026 was 円23,797 Mil. Therefore, Riken Vitamin Co's Operating Margin % for the quarter that ended in Mar. 2026 was 4.98%.

Good Sign:

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

Riken Vitamin Co's 5-Year average Growth Rate for Operating Margin % was 25.30% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Riken Vitamin Co's annualized ROC % for the quarter that ended in Mar. 2026 was 3.28%. Riken Vitamin Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.54%.


Riken Vitamin Co  (TSE:4526) Operating Income Explanation

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

Riken Vitamin 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 )
=4736 * ( 1 - 38.91% )/( (89245 + 87034)/ 2 )
=2893.2224/88139.5
=3.28 %

where

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

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

Riken Vitamin 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 )
=7232/( ( (27025 + max(31810, 0)) + (27829 + max(28664, 0)) )/ 2 )
=7232/( ( 58835 + 56493 )/ 2 )
=7232/57664
=12.54 %

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)
=(24159 + 22431 + 3260) - (9773 + 0 + 8267)
=31810

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(21384 + 22061 + 2712) - (9283 + 0 + 8210)
=28664

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 %:

Riken Vitamin 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 )
=1184/23797
=4.98 %

* 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.


Riken Vitamin Co Operating Income Related Terms


Riken Vitamin Co Operating Income Historical Data

* Premium members only.

The historical data trend for Riken Vitamin 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.

Riken Vitamin Co Operating Income Chart

Riken Vitamin 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 5,841.00 7,159.00 9,372.00 8,725.00 6,901.00

Riken Vitamin Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 1,180.00 2,365.00 1,727.00 1,625.00 1,184.00
TSE:4526
76GF Score
Riken Vitamin Co Ltd TSE:4526
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Riken Vitamin 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6,901 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6,901 Mil mean?
Riken Vitamin Co (TSE:4526) has a Operating Income of 円6,901 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Riken Vitamin Co and its competitors.
Is Riken Vitamin Co's Operating Income too high?
Riken Vitamin Co's current Operating Income is 円6,901 Mil. Overall, Riken Vitamin Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Riken Vitamin Co's Operating Income compare to KHC and GIS?
Riken Vitamin Co's Operating Income of 円6,901 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Operating Income depends on the Consumer Packaged Goods 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 Riken Vitamin Co and its competitors. Riken Vitamin Co's current Operating Income is 円6,901 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riken Vitamin Co stock overvalued right now?
Based on GuruFocus' analysis, Riken Vitamin Co (TSE:4526) is currently considered Fairly Valued. The stock's GF Value™ is 円2,913.14, compared to a current price of 円3,155.00 — trading 8.3% above its estimated fair value. The current Operating Income is 円6,901 Mil. Riken Vitamin Co's overall GF Score™ is 76/100 with 5 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 Riken Vitamin Co (TSE:4526), the current Operating Income is 円6,901 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 Riken Vitamin Co (TSE:4526) Overvalued in 2026?

Based on GuruFocus' analysis, Riken Vitamin Co stock appears to be overvalued. The current stock price of 円3,155.00 is trading 8.3% above its estimated GF Value™ of 円2,913.14. GuruFocus considers Riken Vitamin Co to be Fairly Valued.

Key valuation signals for TSE:4526:

  • Operating Income: 円6,901 Mil
  • GF Value™: 円2,913.14 vs. price of 円3,155.00 (8.3% above fair value)
  • GF Score™: 76/100 with 5 warning signs

No single metric tells the full story. See the TSE:4526 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Riken Vitamin Co Business Description

Address 2-9-18 TDC Building, 11th-12th Floor, Chiyoda-ku, Tokyo, JPN, 101-8370
Riken Vitamin Co Ltd is a Japan based animal food manufacturing company. It is a developer and producer of a wide variety of improvers that is broadly used to improve the texture and quality of processed food. It is engaged in consumer and commercial foods, processed food ingredients, food chemicals for industrial uses and Vitamin production and sales. The company's food emulsifiers are used in various applications such as cakes, bread, noodles, ice cream, as well as fat and oil food product. In addition to emulsifiers, Riken Vitamin also provides a range of other food improvers for various purposes according to relevant consumer needs.
76GF Score

Get the complete analysis for TSE:4526

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

円3,155.00
Price
円2,913.14
GF Value