Daido Kogyo Co (TSE:6373) Operating Income: 円1,517 Mil (TTM As of Sep. 2025)

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TSE:6373 Daido Kogyo Co Ltd TSE:6373
44 GF Score
Price 円1,489.00
GF Value 円883.68
! 9 Warning Signs
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What is Daido Kogyo Co Operating Income?

Daido Kogyo Co TSE:6373 44 Operating Income is 円1,517 Mil as of Sep. 2025. GuruFocus rates TSE:6373 with a GF Score™ of 44/100 and a GF Value™ of 円883.68. The stock has 9 warning signs investors should review.

Daido Kogyo Co's Operating Income for the six months ended in Sep. 2025 was 円893 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2025 was 円1,517 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Daido Kogyo Co's Operating Income for the six months ended in Sep. 2025 was 円893 Mil. Daido Kogyo Co's Revenue for the six months ended in Sep. 2025 was 円29,193 Mil. Therefore, Daido Kogyo Co's Operating Margin % for the quarter that ended in Sep. 2025 was 3.06%.

Warning Sign:

Daido Kogyo Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -17.6%.

Daido Kogyo Co's 5-Year average Growth Rate for Operating Margin % was -17.60% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Daido Kogyo Co's annualized ROC % for the quarter that ended in Sep. 2025 was 1.78%. Daido Kogyo Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 4.05%.


Daido Kogyo Co  (TSE:6373) Operating Income Explanation

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

Daido Kogyo Co's annualized ROC % for the quarter that ended in Sep. 2025 is calculated as:

ROC % (Q: Sep. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2025 ) + Invested Capital (Q: Sep. 2025 ))/ count )
=1786 * ( 1 - 37.44% )/( (61155 + 64392)/ 2 )
=1117.3216/62773.5
=1.78 %

where

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

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

Daido Kogyo Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2025  Q: Sep. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1606/( ( (22295 + max(16841, 0)) + (22301 + max(17839, 0)) )/ 2 )
=1606/( ( 39136 + 40140 )/ 2 )
=1606/39638
=4.05 %

where Working Capital is:

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12157 + 14729 + 2003) - (7937 + 0 + 4111)
=16841

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12732 + 15392 + 2134) - (7720 + 0 + 4699)
=17839

When net working capital is negative, 0 is used.

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

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

Daido Kogyo Co's Operating Margin % for the quarter that ended in Sep. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2025 )/Revenue (Q: Sep. 2025 )
=893/29193
=3.06 %

* 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.


Daido Kogyo Co Operating Income Related Terms


Daido Kogyo Co Operating Income Historical Data

* Premium members only.

The historical data trend for Daido Kogyo 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.

Daido Kogyo Co Operating Income Chart

Daido Kogyo Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,242.00 2,708.00 1,379.00 227.00 1,383.00

Daido Kogyo Co Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 -309.00 536.00 759.00 624.00 893.00
TSE:6373
44GF Score
Daido Kogyo Co Ltd TSE:6373
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Daido Kogyo 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 Sep. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円1,517 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1,517 Mil mean?
Daido Kogyo Co (TSE:6373) has a Operating Income of 円1,517 Mil as of Sep. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Daido Kogyo Co and its competitors.
Is Daido Kogyo Co's Operating Income too high?
Daido Kogyo Co's current Operating Income is 円1,517 Mil. Overall, Daido Kogyo Co has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Daido Kogyo Co's Operating Income compare to GEV and ETN?
Daido Kogyo Co's Operating Income of 円1,517 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Operating Income depends on the Industrial Products 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 Daido Kogyo Co and its competitors. Daido Kogyo Co's current Operating Income is 円1,517 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daido Kogyo Co stock overvalued right now?
Daido Kogyo Co (TSE:6373) has a current Operating Income of 円1,517 Mil. The stock's GF Value™ is 円883.68, compared to a current price of 円1,489.00 — trading 68.5% above its estimated fair value. The current Operating Income is 円1,517 Mil. Daido Kogyo Co's overall GF Score™ is 44/100 with 9 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 Daido Kogyo Co (TSE:6373), the current Operating Income is 円1,517 Mil as of Sep. 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.

Is Daido Kogyo Co (TSE:6373) Overvalued in 2026?

Based on GuruFocus' analysis, Daido Kogyo Co stock appears to be overvalued. The current stock price of 円1,489.00 is trading 68.5% above its estimated GF Value™ of 円883.68.

Key valuation signals for TSE:6373:

  • Operating Income: 円1,517 Mil
  • GF Value™: 円883.68 vs. price of 円1,489.00 (68.5% above fair value)
  • GF Score™: 44/100 with 9 warning signs

No single metric tells the full story. See the TSE:6373 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daido Kogyo Co Business Description

Address I-197 Kumasaka-cho, Kaga-shi, Ishikawa Prefecture, JPN, 922-8686
Daido Kogyo Co Ltd is a Japan-based machinery manufacturer. The company is mainly engaged in the production and sale of motorcycle and automotive chains, industrial machinery chains, rims, wheels, conveyor systems and welfare equipment. Daido Kogyo has a network in India, Malaysia, Indonesia, Philippines, Vietnam, China.
44GF Score

Get the complete analysis for TSE:6373

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

円1,489.00
Price
円883.68
GF Value