Daito Pharmaceutical Co (TSE:4577) Operating Income: 円3,637 Mil (TTM As of Feb. 2026)

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TSE:4577 Daito Pharmaceutical Co Ltd TSE:4577
85 GF Score
Price 円1,222.00
GF Value 円1,279.88
Valuation Fairly Valued
! 3 Warning Signs
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What is Daito Pharmaceutical Co Operating Income?

Daito Pharmaceutical Co TSE:4577 -1.45% 85 Operating Income is 円3,637 Mil as of Feb. 2026. GuruFocus rates TSE:4577 with a GF Score™ of 85/100 and a GF Value™ of 円1,279.88 (Fairly Valued). The stock has 3 warning signs investors should review.

Daito Pharmaceutical Co's Operating Income for the three months ended in Feb. 2026 was 円1,125 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2026 was 円3,637 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Daito Pharmaceutical Co's Operating Income for the three months ended in Feb. 2026 was 円1,125 Mil. Daito Pharmaceutical Co's Revenue for the three months ended in Feb. 2026 was 円11,591 Mil. Therefore, Daito Pharmaceutical Co's Operating Margin % for the quarter that ended in Feb. 2026 was 9.71%.

Warning Sign:

Daito Pharmaceutical Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -16.2%.

Daito Pharmaceutical Co's 5-Year average Growth Rate for Operating Margin % was -16.20% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Daito Pharmaceutical Co's annualized ROC % for the quarter that ended in Feb. 2026 was 4.93%. Daito Pharmaceutical Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 10.42%.


Daito Pharmaceutical Co  (TSE:4577) Operating Income Explanation

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

Daito Pharmaceutical Co's annualized ROC % for the quarter that ended in Feb. 2026 is calculated as:

ROC % (Q: Feb. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2025 ) + Invested Capital (Q: Feb. 2026 ))/ count )
=4500 * ( 1 - 26.9% )/( (67503 + 65818)/ 2 )
=3289.5/66660.5
=4.93 %

where

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

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

Daito Pharmaceutical Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=5872/( ( (32344 + max(24233, 0)) + (31623 + max(24486, 0)) )/ 2 )
=5872/( ( 56577 + 56109 )/ 2 )
=5872/56343
=10.42 %

where Working Capital is:

Working Capital(Q: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11091 + 17940 + 8356) - (7115 + 0 + 6039)
=24233

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11612 + 18298 + 6528) - (7274 + 0 + 4678)
=24486

When net working capital is negative, 0 is used.

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

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

Daito Pharmaceutical Co's Operating Margin % for the quarter that ended in Feb. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=1125/11591
=9.71 %

* 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.


Daito Pharmaceutical Co Operating Income Related Terms


Daito Pharmaceutical Co Operating Income Historical Data

* Premium members only.

The historical data trend for Daito Pharmaceutical 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.

Daito Pharmaceutical Co Operating Income Chart

Daito Pharmaceutical Co Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,553.00 5,208.00 3,894.00 2,620.00 3,637.00

Daito Pharmaceutical Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 751.00 999.00 628.00 1,125.00 885.00
TSE:4577
85GF Score
Daito Pharmaceutical Co Ltd TSE:4577
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Daito Pharmaceutical 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 Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円3,637 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3,637 Mil mean?
Daito Pharmaceutical Co (TSE:4577) has a Operating Income of 円3,637 Mil as of Feb. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Daito Pharmaceutical Co and its competitors.
Is Daito Pharmaceutical Co's Operating Income too high?
Daito Pharmaceutical Co's current Operating Income is 円3,637 Mil. Overall, Daito Pharmaceutical Co has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Daito Pharmaceutical Co's Operating Income compare to ZTS?
Daito Pharmaceutical Co's Operating Income of 円3,637 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Operating Income depends on the Drug Manufacturers 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 Daito Pharmaceutical Co and its competitors. Daito Pharmaceutical Co's current Operating Income is 円3,637 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daito Pharmaceutical Co stock overvalued right now?
Based on GuruFocus' analysis, Daito Pharmaceutical Co (TSE:4577) is currently considered Fairly Valued. The stock's GF Value™ is 円1,279.88, compared to a current price of 円1,222.00 — trading 4.5% below its estimated fair value. The current Operating Income is 円3,637 Mil. Daito Pharmaceutical Co's overall GF Score™ is 85/100 with 3 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 Daito Pharmaceutical Co (TSE:4577), the current Operating Income is 円3,637 Mil as of Feb. 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 Daito Pharmaceutical Co (TSE:4577) Overvalued in 2026?

Based on GuruFocus' analysis, Daito Pharmaceutical Co stock appears to be undervalued. The current stock price of 円1,222.00 is trading 4.5% below its estimated GF Value™ of 円1,279.88. GuruFocus considers Daito Pharmaceutical Co to be Fairly Valued.

Key valuation signals for TSE:4577:

  • Operating Income: 円3,637 Mil
  • GF Value™: 円1,279.88 vs. price of 円1,222.00 (4.5% below fair value)
  • GF Score™: 85/100 with 3 warning signs

No single metric tells the full story. See the TSE:4577 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daito Pharmaceutical Co Business Description

Address 326 Yokamachi, Toyama, JPN, 939-8567
Daito Pharmaceutical Co Ltd is engaged in the research and development of pharmaceutical products. The company also undertakes contract manufacturing.
85GF Score

Get the complete analysis for TSE:4577

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

円1,222.00
Price
円1,279.88
GF Value