TABIKOBO Co (TSE:6548) Operating Income: 円-157 Mil (TTM As of Dec. 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:6548 TABIKOBO Co Ltd TSE:6548
53 GF Score
Price 円106.00
GF Value 円190.22
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is TABIKOBO Co Operating Income?

TABIKOBO Co TSE:6548 -1.85% 53 Operating Income is 円-157 Mil as of Dec. 2025. GuruFocus rates TSE:6548 with a GF Score™ of 53/100 and a GF Value™ of 円190.22 (Possible Value Trap). The stock has 3 warning signs investors should review.

TABIKOBO Co's Operating Income for the three months ended in Dec. 2025 was 円0 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was 円-157 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. TABIKOBO Co's Operating Income for the three months ended in Dec. 2025 was 円0 Mil. TABIKOBO Co's Revenue for the three months ended in Dec. 2025 was 円0 Mil. Therefore, TABIKOBO Co's Operating Margin % for the quarter that ended in Dec. 2025 was %.

TABIKOBO 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. TABIKOBO Co's annualized ROC % for the quarter that ended in Dec. 2025 was 0.00%. TABIKOBO Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 0.00%.


TABIKOBO Co  (TSE:6548) Operating Income Explanation

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

TABIKOBO Co's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=0 * ( 1 - 0% )/( (2468.897 + 1168.315)/ 2 )
=0/1818.606
=0.00 %

where

Invested Capital(Q: Jun. 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))
=3720.931 - 373.733 - ( 2603.535 - max(0, 2565.875 - 3444.176+2603.535))
=2468.897

Invested Capital(Q: Dec. 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))
=2528.415 - 213.475 - ( 1293.419 - max(0, 1016.869 - 2163.494+1293.419))
=1168.315

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) data.

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

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

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (0.189 + max(-1733.614, 0)) + (3.672 + max(-186.202, 0)) )/ 2 )
=0/( ( 0.189 + 3.672 )/ 2 )
=0/1.9305
=0.00 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(257.391 + 0 + 574.87) - (373.733 + 0 + 2192.142)
=-1733.614

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(217.767 + 0 + 612.9) - (213.475 + 0 + 803.394)
=-186.202

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT data.

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

TABIKOBO Co's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=0/0
= %

* 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.


TABIKOBO Co Operating Income Related Terms


TABIKOBO Co Operating Income Historical Data

* Premium members only.

The historical data trend for TABIKOBO 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.

TABIKOBO Co Operating Income Chart

TABIKOBO Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Jun25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,120.41 -1,457.00 -888.34 -246.55 -111.63

TABIKOBO Co Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Dec24 Mar25 Jun25 Dec25 Mar26
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 0.00 9.79 -95.55 0.00 -61.66
TSE:6548
53GF Score
TABIKOBO Co Ltd TSE:6548
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TABIKOBO 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 Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-157 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-157 Mil mean?
TABIKOBO Co (TSE:6548) has a Operating Income of 円-157 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on TABIKOBO Co and its competitors.
Is TABIKOBO Co's Operating Income too high?
TABIKOBO Co's current Operating Income is 円-157 Mil. Overall, TABIKOBO Co has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TABIKOBO Co's Operating Income compare to BKNG and ABNB?
TABIKOBO Co's Operating Income of 円-157 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Operating Income depends on the Travel & Leisure 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 TABIKOBO Co and its competitors. TABIKOBO Co's current Operating Income is 円-157 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TABIKOBO Co stock overvalued right now?
Based on GuruFocus' analysis, TABIKOBO Co (TSE:6548) is currently considered Possible Value Trap. The stock's GF Value™ is 円190.22, compared to a current price of 円106.00 — trading 44.3% below its estimated fair value. The current Operating Income is 円-157 Mil. TABIKOBO Co's overall GF Score™ is 53/100 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 TABIKOBO Co (TSE:6548), the current Operating Income is 円-157 Mil as of Dec. 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 TABIKOBO Co (TSE:6548) Overvalued in 2026?

Based on GuruFocus' analysis, TABIKOBO Co stock appears to be undervalued. The current stock price of 円106.00 is trading 44.3% below its estimated GF Value™ of 円190.22. GuruFocus considers TABIKOBO Co to be Possible Value Trap.

Key valuation signals for TSE:6548:

  • Operating Income: 円-157 Mil
  • GF Value™: 円190.22 vs. price of 円106.00 (44.3% below fair value)
  • GF Score™: 53/100 with 3 warning signs

No single metric tells the full story. See the TSE:6548 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TABIKOBO Co Business Description

Address 3-1-1 Higashiikebukuro, Sunshine 60, 8th floor, Toshima-ku, Tokyo, JPN, 170-6008
TABIKOBO Co Ltd operates online travel agency dealing with overseas and domestic package tours, airlines, hotels, activities and travel insurance for individual and business travellers.
53GF Score

Get the complete analysis for TSE:6548

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

円106.00
Price
円190.22
GF Value