D Plus Co (TSE:567A) Operating Income: 円 Mil (TTM As of May. 2026)

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TSE:567A D Plus Co Ltd TSE:567A
2 GF Score
Price 円3,000.00
! 1 Warning Sign
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What is D Plus Co Operating Income?

D Plus Co TSE:567A 2 Operating Income is 円 Mil as of May. 2026. GuruFocus rates TSE:567A with a GF Score™ of 2/100. The stock has 1 warning sign investors should review.

D Plus Co's Operating Income for the six months ended in May. 2026 was 円387 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. D Plus Co's Operating Income for the six months ended in May. 2026 was 円387 Mil. D Plus Co's Revenue for the six months ended in May. 2026 was 円5,734 Mil. Therefore, D Plus Co's Operating Margin % for the quarter that ended in May. 2026 was 6.75%.

D Plus Co'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. D Plus Co's annualized ROC % for the quarter that ended in May. 2026 was 19.72%. D Plus Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2026 was 37.00%.


D Plus Co  (TSE:567A) Operating Income Explanation

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

D Plus Co's annualized ROC % for the quarter that ended in May. 2026 is calculated as:

ROC % (Q: May. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2025 ) + Invested Capital (Q: May. 2026 ))/ count )
=774.164 * ( 1 - 32.56% )/( (2587.034 + 2706.871)/ 2 )
=522.0962016/2646.9525
=19.72 %

where

Invested Capital(Q: Nov. 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))
=3245.836 - 444.068 - ( 485.716 - max(0, 1855.337 - 2070.071+485.716))
=2587.034

Invested Capital(Q: May. 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))
=3735.082 - 574.631 - ( 453.58 - max(0, 2028.993 - 2506.369+453.58))
=2706.871

Note: The Operating Income data used here is two times the semi-annual (May. 2026) data.

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

D Plus Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: May. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2025  Q: May. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=774.406/( ( (916.712 + max(1005.768, 0)) + (972.715 + max(1290.681, 0)) )/ 2 )
=774.406/( ( 1922.48 + 2263.396 )/ 2 )
=774.406/2092.938
=37.00 %

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)
=(973.009 + 490.283 + 121.063) - (444.068 + 0 + 134.519)
=1005.768

Working Capital(Q: May. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1197.913 + 644.208 + 210.668) - (574.631 + 0 + 187.477)
=1290.681

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (May. 2026) EBIT data.

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

D Plus Co's Operating Margin % for the quarter that ended in May. 2026 is calculated as:

Operating Margin %=Operating Income (Q: May. 2026 )/Revenue (Q: May. 2026 )
=387.082/5734.458
=6.75 %

* 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.


D Plus Co Operating Income Related Terms


D Plus Co Operating Income Historical Data

* Premium members only.

The historical data trend for D Plus 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.

D Plus Co Operating Income Chart

D Plus Co Annual Data
Trend Nov24 Nov25
Operating Income
-13.59 186.01

D Plus Co Semi-Annual Data
Nov24 Nov25 May26
Operating Income 0.00 0.00 387.08
TSE:567A
2GF Score
D Plus Co Ltd TSE:567A
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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D Plus 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 May. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円 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 Mil mean?
D Plus Co (TSE:567A) has a Operating Income of 円 Mil as of May. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on D Plus Co and its competitors.
Is D Plus Co's Operating Income too high?
D Plus Co's current Operating Income is 円 Mil. Overall, D Plus Co has a GF Score™ of 2/100, reflecting its overall financial health beyond just this single metric.
How does D Plus Co's Operating Income compare to CVNA and PAG?
D Plus Co's Operating Income of 円 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 D Plus Co and its competitors. D Plus Co's current Operating Income is 円 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is D Plus Co stock overvalued right now?
D Plus Co (TSE:567A) has a current Operating Income of 円 Mil. The current Operating Income is 円 Mil. D Plus Co's overall GF Score™ is 2/100 with 1 warning sign 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 D Plus Co (TSE:567A), the current Operating Income is 円 Mil as of May. 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.

D Plus Co Business Description

Address 5-13-21 Sakae, 4th Floor Panekyo Nagoya Center Building, Naka-ku, Aichi, Nagoya, JPN, 460-0008
D Plus Co Ltd provides car leasing sales and related services, along with vehicle maintenance, repair, and trade-in services.
2GF Score

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

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