Lasertec (TSE:6920) Operating Income: 円105,259 Mil (TTM As of Jun. 2026)

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TSE:6920 Lasertec Corp TSE:6920
99 GF Score
Price 円39,590.00
GF Value 円31,576.63
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Lasertec Operating Income?

Lasertec TSE:6920 +5.69% 99 Operating Income is 円105,259 Mil as of Jun. 2026. GuruFocus rates TSE:6920 with a GF Score™ of 99/100 and a GF Value™ of 円31,576.63 (Modestly Overvalued). The stock has 1 warning sign investors should review.

Lasertec's Operating Income for the three months ended in Jun. 2026 was 円27,067 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was 円105,259 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Lasertec's Operating Income for the three months ended in Jun. 2026 was 円27,067 Mil. Lasertec's Revenue for the three months ended in Jun. 2026 was 円60,946 Mil. Therefore, Lasertec's Operating Margin % for the quarter that ended in Jun. 2026 was 44.41%.

Good Sign:

Lasertec Corp operating margin is expanding. Margin expansion is usually a good sign.

Lasertec's 5-Year average Growth Rate for Operating Margin % was 5.60% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lasertec's annualized ROC % for the quarter that ended in Jun. 2026 was 37.39%. Lasertec's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 77.72%.


Lasertec  (TSE:6920) Operating Income Explanation

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

Lasertec's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=108268 * ( 1 - 24.71% )/( (216235 + 219846)/ 2 )
=81514.9772/218040.5
=37.39 %

where

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

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

Lasertec's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=109784/( ( (29634 + max(106412, 0)) + (29255 + max(117211, 0)) )/ 2 )
=109784/( ( 136046 + 146466 )/ 2 )
=109784/141256
=77.72 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(17133 + 164475 + 7564) - (14550 + 0 + 68210)
=106412

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(26963 + 167791 + 8825) - (25301 + 0 + 61067)
=117211

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

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

Lasertec's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=27067/60946
=44.41 %

* 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.


Lasertec Operating Income Related Terms


Lasertec Operating Income Historical Data

* Premium members only.

The historical data trend for Lasertec'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.

Lasertec Operating Income Chart

Lasertec Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32,492.00 62,288.00 81,376.00 122,843.00 105,259.00

Lasertec Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 43,551.00 26,728.00 36,264.00 15,200.00 27,067.00
TSE:6920
99GF Score
Lasertec Corp TSE:6920
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Lasertec 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円105,259 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105,259 Mil mean?
Lasertec (TSE:6920) has a Operating Income of 円105,259 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Lasertec and its competitors.
Is Lasertec's Operating Income too high?
Lasertec's current Operating Income is 円105,259 Mil. Overall, Lasertec has a GF Score™ of 99/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lasertec's Operating Income compare to AMAT and LRCX?
Lasertec's Operating Income of 円105,259 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Operating Income depends on the Semiconductors 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 Lasertec and its competitors. Lasertec's current Operating Income is 円105,259 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lasertec stock overvalued right now?
Based on GuruFocus' analysis, Lasertec (TSE:6920) is currently considered Modestly Overvalued. The stock's GF Value™ is 円31,576.63, compared to a current price of 円39,590.00 — trading 25.4% above its estimated fair value. The current Operating Income is 円105,259 Mil. Lasertec's overall GF Score™ is 99/100 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 Lasertec (TSE:6920), the current Operating Income is 円105,259 Mil as of Jun. 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 Lasertec (TSE:6920) Overvalued in 2026?

Based on GuruFocus' analysis, Lasertec stock appears to be overvalued. The current stock price of 円39,590.00 is trading 25.4% above its estimated GF Value™ of 円31,576.63. GuruFocus considers Lasertec to be Modestly Overvalued.

Key valuation signals for TSE:6920:

  • Operating Income: 円105,259 Mil
  • GF Value™: 円31,576.63 vs. price of 円39,590.00 (25.4% above fair value)
  • GF Score™: 99/100 with 1 warning sign

No single metric tells the full story. See the TSE:6920 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lasertec Business Description

Address 2-10-1 Shin-Yokohama, Kohoku-ku, Kanagawa Prefecture, Yokohama, JPN, 222-8552
Lasertec Corp is a Japan-based company mainly engaged in the design, manufacture, and sale of inspection and measurement equipment. The company focuses on providing optical inspection systems and related technologies. The company's main products include semiconductor-related equipment such as photomasks and wafer inspection or measurement systems, SiC wafer inspection equipment for the energy and environment sector, FPD photomask inspection systems, and hybrid laser microscopes.
99GF Score

Get the complete analysis for TSE:6920

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

円39,590.00
Price
円31,576.63
GF Value