GameWith (TSE:6552) Operating Income: 円102 Mil (TTM As of May. 2026)

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TSE:6552 GameWith Inc TSE:6552
73 GF Score
Price 円176.00
GF Value 円255.27
Valuation Significantly Undervalued
! 3 Warning Signs
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What is GameWith Operating Income?

GameWith TSE:6552 +1.73% 73 Operating Income is 円102 Mil as of May. 2026. GuruFocus rates TSE:6552 with a GF Score™ of 73/100 and a GF Value™ of 円255.27 (Significantly Undervalued). The stock has 3 warning signs investors should review.

GameWith's Operating Income for the six months ended in May. 2026 was 円47 Mil. Its Operating Income for the trailing twelve months (TTM) ended in May. 2026 was 円102 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. GameWith's Operating Income for the six months ended in May. 2026 was 円47 Mil. GameWith's Revenue for the six months ended in May. 2026 was 円2,084 Mil. Therefore, GameWith's Operating Margin % for the quarter that ended in May. 2026 was 2.26%.

GameWith'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. GameWith's annualized ROC % for the quarter that ended in May. 2026 was 0.00%. GameWith's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2026 was 73.19%.


GameWith  (TSE:6552) Operating Income Explanation

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

GameWith'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 )
=94.11 * ( 1 - 100% )/( (1009.972 + 1062.424)/ 2 )
=0/1036.198
=0.00 %

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))
=3467.945 - 359.323 - ( 2098.65 - max(0, 720.802 - 2839.808+2098.65))
=1009.972

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))
=3565.144 - 353.736 - ( 2320.604 - max(0, 814.244 - 2963.228+2320.604))
=1062.424

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:

GameWith'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 )
=77.104/( ( (40.444 + max(20.356, 0)) + (149.9 + max(-171.62, 0)) )/ 2 )
=77.104/( ( 60.8 + 149.9 )/ 2 )
=77.104/105.35
=73.19 %

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)
=(638.653 + 0 + 102.505) - (359.323 + 0 + 361.479)
=20.356

Working Capital(Q: May. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(521.906 + 0 + 120.718) - (353.736 + 0 + 460.508)
=-171.62

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 %:

GameWith'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 )
=47.055/2084.47
=2.26 %

* 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.


GameWith Operating Income Related Terms


GameWith Operating Income Historical Data

* Premium members only.

The historical data trend for GameWith'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.

GameWith Operating Income Chart

GameWith Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 200.39 337.37 67.11 -196.89 101.74

GameWith Semi-Annual Data
May16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
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 -52.99 -174.92 -21.97 54.68 47.06
TSE:6552
73GF Score
GameWith Inc TSE:6552
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GameWith 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102 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 Mil mean?
GameWith (TSE:6552) has a Operating Income of 円102 Mil as of May. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on GameWith and its competitors.
Is GameWith's Operating Income too high?
GameWith's current Operating Income is 円102 Mil. Overall, GameWith has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GameWith's Operating Income compare to NTES and TTWO?
GameWith's Operating Income of 円102 Mil can be compared against companies in the Interactive Media 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 Interactive Media company?
A good Operating Income depends on the Interactive Media 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 GameWith and its competitors. GameWith's current Operating Income is 円102 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GameWith stock overvalued right now?
Based on GuruFocus' analysis, GameWith (TSE:6552) is currently considered Significantly Undervalued. The stock's GF Value™ is 円255.27, compared to a current price of 円176.00 — trading 31.1% below its estimated fair value. The current Operating Income is 円102 Mil. GameWith's overall GF Score™ is 73/100 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 GameWith (TSE:6552), the current Operating Income is 円102 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.

Is GameWith (TSE:6552) Overvalued in 2026?

Based on GuruFocus' analysis, GameWith stock appears to be undervalued. The current stock price of 円176.00 is trading 31.1% below its estimated GF Value™ of 円255.27. GuruFocus considers GameWith to be Significantly Undervalued.

Key valuation signals for TSE:6552:

  • Operating Income: 円102 Mil
  • GF Value™: 円255.27 vs. price of 円176.00 (31.1% below fair value)
  • GF Score™: 73/100 with 3 warning signs

No single metric tells the full story. See the TSE:6552 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GameWith Business Description

Address 1-4-1 Mita, Minato-ku, Sumitomo Fudosan Azabu-juban Bldg. 4th Floor, Tokyo, JPN, 108-0073
GameWith Inc is engaged in the media business that provides game information. The services provided by the company include providing information about games favorably, providing information about finding games, and providing functions that allow game users to interact with each other. The two reporting segments are eSports and Entertainment Business, which operates e-sports teams, and Ater Management.
73GF Score

Get the complete analysis for TSE:6552

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

円176.00
Price
円255.27
GF Value