GT Holdings Co (TSE:5883) Operating Income: 円1,303 Mil (TTM As of Nov. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:5883 GT Holdings Co Ltd TSE:5883
18 GF Score
Price 円1,600.00
! 3 Warning Signs
View Full Analysis

What is GT Holdings Co Operating Income?

GT Holdings Co TSE:5883 18 Operating Income is 円1,303 Mil as of Nov. 2025. GuruFocus rates TSE:5883 with a GF Score™ of 18/100. The stock has 3 warning signs investors should review.

GT Holdings Co's Operating Income for the six months ended in Nov. 2025 was 円736 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Nov. 2025 was 円1,303 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. GT Holdings Co's Operating Income for the six months ended in Nov. 2025 was 円736 Mil. GT Holdings Co's Revenue for the six months ended in Nov. 2025 was 円22,550 Mil. Therefore, GT Holdings Co's Operating Margin % for the quarter that ended in Nov. 2025 was 3.26%.

GT Holdings 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. GT Holdings Co's annualized ROC % for the quarter that ended in Nov. 2025 was 5.77%. GT Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2025 was 9.62%.


GT Holdings Co  (TSE:5883) Operating Income Explanation

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

GT Holdings Co's annualized ROC % for the quarter that ended in Nov. 2025 is calculated as:

ROC % (Q: Nov. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: May. 2025 ) + Invested Capital (Q: Nov. 2025 ))/ count )
=1472.226 * ( 1 - 33.62% )/( (16361.133 + 17528.441)/ 2 )
=977.2636188/16944.787
=5.77 %

where

Invested Capital(Q: May. 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))
=20080.827 - 666.667 - ( 3053.027 - max(0, 13946.367 - 18099.419+3053.027))
=16361.133

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))
=20113.934 - 463.297 - ( 2122.196 - max(0, 13794.217 - 18181.483+2122.196))
=17528.441

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

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

GT Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Nov. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: May. 2025  Q: Nov. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1449.772/( ( (797.864 + max(13640.604, 0)) + (765.738 + max(14934.747, 0)) )/ 2 )
=1449.772/( ( 14438.468 + 15700.485 )/ 2 )
=1449.772/15069.4765
=9.62 %

where Working Capital is:

Working Capital(Q: May. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(584.326 + 13035.085 + 834.178) - (666.667 + 0 + 146.318)
=13640.604

Working Capital(Q: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(943.779 + 13964.578 + 626.107) - (463.297 + 0 + 136.42)
=14934.747

When net working capital is negative, 0 is used.

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

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

GT Holdings Co's Operating Margin % for the quarter that ended in Nov. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Nov. 2025 )/Revenue (Q: Nov. 2025 )
=736.113/22550.491
=3.26 %

* 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.


GT Holdings Co Operating Income Related Terms


GT Holdings Co Operating Income Historical Data

* Premium members only.

The historical data trend for GT Holdings 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.

GT Holdings Co Operating Income Chart

GT Holdings Co Annual Data
Trend May21 May22 May24 May25
Operating Income
0.00 933.92 1,326.20 1,292.70

GT Holdings Co Semi-Annual Data
May21 May22 Nov22 Nov23 May24 Nov24 May25 Nov25
Operating Income Get a 7-Day Free Trial 831.60 494.60 725.99 566.71 736.11
TSE:5883
18GF Score
GT Holdings Co Ltd TSE:5883
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GT Holdings 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 Nov. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円1,303 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1,303 Mil mean?
GT Holdings Co (TSE:5883) has a Operating Income of 円1,303 Mil as of Nov. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on GT Holdings Co and its competitors.
Is GT Holdings Co's Operating Income too high?
GT Holdings Co's current Operating Income is 円1,303 Mil. Overall, GT Holdings Co has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does GT Holdings Co's Operating Income compare to ?
GT Holdings Co's Operating Income of 円1,303 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Operating Income depends on the Retail - Cyclical 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 GT Holdings Co and its competitors. GT Holdings Co's current Operating Income is 円1,303 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GT Holdings Co stock overvalued right now?
GT Holdings Co (TSE:5883) has a current Operating Income of 円1,303 Mil. The current Operating Income is 円1,303 Mil. GT Holdings Co's overall GF Score™ is 18/100 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 GT Holdings Co (TSE:5883), the current Operating Income is 円1,303 Mil as of Nov. 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.

GT Holdings Co Business Description

Comparable Companies
Address 4-24-58 Takanawa, Shinagawa Tokyo 2th Floor, Minato-ku, Tokyo, JPN, 108-0074
GT Holdings Co Ltd is engaged in the buying and selling of secondhand precious metals and ornamental goods, buying and selling of clothing and leather product.
18GF Score

Get the complete analysis for TSE:5883

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

円1,600.00
Price