Sumitomo Rubber Industries (TSE:5110) Operating Income: 円102,288 Mil (TTM As of Jun. 2026)

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TSE:5110 Sumitomo Rubber Industries Ltd TSE:5110
70 GF Score
Price 円1,985.50
GF Value 円2,330.15
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Sumitomo Rubber Industries Operating Income?

Sumitomo Rubber Industries TSE:5110 -1.71% 70 Operating Income is 円102,288 Mil as of Jun. 2026. GuruFocus rates TSE:5110 with a GF Score™ of 70/100 and a GF Value™ of 円2,330.15 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Sumitomo Rubber Industries's Operating Income for the three months ended in Jun. 2026 was 円23,017 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was 円102,288 Mil.

Warning Sign:

Sumitomo Rubber Industries Ltd has recorded a loss in operating income at least once over the past 3 years.

Operating Margin % is calculated as Operating Income divided by its Revenue. Sumitomo Rubber Industries's Operating Income for the three months ended in Jun. 2026 was 円23,017 Mil. Sumitomo Rubber Industries's Revenue for the three months ended in Jun. 2026 was 円317,628 Mil. Therefore, Sumitomo Rubber Industries's Operating Margin % for the quarter that ended in Jun. 2026 was 7.25%.

Good Sign:

Sumitomo Rubber Industries Ltd operating margin is expanding. Margin expansion is usually a good sign.

Sumitomo Rubber Industries's 5-Year average Growth Rate for Operating Margin % was 3.80% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sumitomo Rubber Industries's annualized ROC % for the quarter that ended in Jun. 2026 was 5.91%. Sumitomo Rubber Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 11.78%.


Sumitomo Rubber Industries  (TSE:5110) Operating Income Explanation

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

Sumitomo Rubber Industries's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=92068 * ( 1 - 21.816% )/( (1214410 + 1221436)/ 2 )
=71982.44512/1217923
=5.91 %

where

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

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

Sumitomo Rubber Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=96464/( ( (470199 + max(343230, 0)) + (478332 + max(346393, 0)) )/ 2 )
=96464/( ( 813429 + 824725 )/ 2 )
=96464/819077
=11.78 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(216067 + 315564 + 69942) - (176851 + 0 + 81492)
=343230

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(207283 + 349471 + 62636) - (192038 + 0 + 80959)
=346393

When net working capital is negative, 0 is used.

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

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

Sumitomo Rubber Industries's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=23017/317628
=7.25 %

* 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.


Sumitomo Rubber Industries Operating Income Related Terms


Sumitomo Rubber Industries Operating Income Historical Data

* Premium members only.

The historical data trend for Sumitomo Rubber Industries'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.

Sumitomo Rubber Industries Operating Income Chart

Sumitomo Rubber Industries 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 51,975.00 21,963.00 77,670.00 87,941.00 90,786.00

Sumitomo Rubber Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 14,178.00 20,197.00 42,279.00 16,795.00 23,017.00
TSE:5110
70GF Score
Sumitomo Rubber Industries Ltd TSE:5110
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Sumitomo Rubber Industries 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円102,288 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102,288 Mil mean?
Sumitomo Rubber Industries (TSE:5110) has a Operating Income of 円102,288 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Sumitomo Rubber Industries and its competitors.
Is Sumitomo Rubber Industries' Operating Income too high?
Sumitomo Rubber Industries' current Operating Income is 円102,288 Mil. Overall, Sumitomo Rubber Industries has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sumitomo Rubber Industries' Operating Income compare to ORLY and AZO?
Sumitomo Rubber Industries' Operating Income of 円102,288 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Operating Income depends on the Vehicles & Parts 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 Sumitomo Rubber Industries and its competitors. Sumitomo Rubber Industries's current Operating Income is 円102,288 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sumitomo Rubber Industries stock overvalued right now?
Based on GuruFocus' analysis, Sumitomo Rubber Industries (TSE:5110) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,330.15, compared to a current price of 円1,985.50 — trading 14.8% below its estimated fair value. The current Operating Income is 円102,288 Mil. Sumitomo Rubber Industries' overall GF Score™ is 70/100 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 Sumitomo Rubber Industries (TSE:5110), the current Operating Income is 円102,288 Mil as of Jun. 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 Sumitomo Rubber Industries (TSE:5110) Overvalued in 2026?

Based on GuruFocus' analysis, Sumitomo Rubber Industries stock appears to be undervalued. The current stock price of 円1,985.50 is trading 14.8% below its estimated GF Value™ of 円2,330.15. GuruFocus considers Sumitomo Rubber Industries to be Modestly Undervalued.

Key valuation signals for TSE:5110:

  • Operating Income: 円102,288 Mil
  • GF Value™: 円2,330.15 vs. price of 円1,985.50 (14.8% below fair value)
  • GF Score™: 70/100 with 6 warning signs

No single metric tells the full story. See the TSE:5110 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sumitomo Rubber Industries Business Description

Other Exchanges SMTUF:USA108:Germany
Address 3-6-9 Wakihamacho, Chuo-ku, Hyogo Prefecture, Kobe, JPN, 651-0072
Sumitomo Rubber Industries Ltd makes and sells rubber tires, sports equipment, and other products in three segments based on product type. The tire segment, which generates the majority of revenue, sells rubber tires for automobiles and motorcycles under the Dunlop and Falken brand names. The sports segment sells golf, tennis, and fitness equipment under the Srixon, XXIO, Cleveland, and Dunlop brand names. The industrial and other products segment sells rubber parts for printers, artificial turf for sporting use, floor coating materials, portable ramps, gloves, tubes, and valves. The majority of revenue comes from Japan than any other region.
70GF Score

Get the complete analysis for TSE:5110

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

円1,985.50
Price
円2,330.15
GF Value