Ainavo Holdings Co (TSE:7539) Operating Income: 円2,496 Mil (TTM As of Mar. 2026)

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TSE:7539 Ainavo Holdings Co Ltd TSE:7539
86 GF Score
Price 円786.00
GF Value 円694.34
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Ainavo Holdings Co Operating Income?

Ainavo Holdings Co TSE:7539 +0.51% 86 Operating Income is 円2,496 Mil as of Mar. 2026. GuruFocus rates TSE:7539 with a GF Score™ of 86/100 and a GF Value™ of 円694.34 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Ainavo Holdings Co's Operating Income for the three months ended in Mar. 2026 was 円1,111 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was 円2,496 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Ainavo Holdings Co's Operating Income for the three months ended in Mar. 2026 was 円1,111 Mil. Ainavo Holdings Co's Revenue for the three months ended in Mar. 2026 was 円24,553 Mil. Therefore, Ainavo Holdings Co's Operating Margin % for the quarter that ended in Mar. 2026 was 4.52%.

Warning Sign:

Ainavo Holdings Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -2%.

Ainavo Holdings Co's 5-Year average Growth Rate for Operating Margin % was -2.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ainavo Holdings Co's annualized ROC % for the quarter that ended in Mar. 2026 was 13.82%. Ainavo Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 53.44%.


Ainavo Holdings Co  (TSE:7539) Operating Income Explanation

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

Ainavo Holdings Co's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=4444 * ( 1 - 37.2% )/( (20427 + 19959)/ 2 )
=2790.832/20193
=13.82 %

where

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

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

Ainavo Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=4852/( ( (6788 + max(2586, 0)) + (7125 + max(1658, 0)) )/ 2 )
=4852/( ( 9374 + 8783 )/ 2 )
=4852/9078.5
=53.44 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(15150 + 5284 + 1528) - (15495 + 0 + 3881)
=2586

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(14567 + 4359 + 1853) - (15300 + 0 + 3821)
=1658

When net working capital is negative, 0 is used.

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

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

Ainavo Holdings Co's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1111/24553
=4.52 %

* 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.


Ainavo Holdings Co Operating Income Related Terms


Ainavo Holdings Co Operating Income Historical Data

* Premium members only.

The historical data trend for Ainavo 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.

Ainavo Holdings Co Operating Income Chart

Ainavo Holdings Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,903.18 1,899.47 1,770.04 2,171.26 2,531.85

Ainavo Holdings Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 408.46 530.39 634.00 1,111.00 221.00
TSE:7539
86GF Score
Ainavo Holdings Co Ltd TSE:7539
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Ainavo 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円2,496 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2,496 Mil mean?
Ainavo Holdings Co (TSE:7539) has a Operating Income of 円2,496 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Ainavo Holdings Co and its competitors.
Is Ainavo Holdings Co's Operating Income too high?
Ainavo Holdings Co's current Operating Income is 円2,496 Mil. Overall, Ainavo Holdings Co has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ainavo Holdings Co's Operating Income compare to TT and JCI?
Ainavo Holdings Co's Operating Income of 円2,496 Mil can be compared against companies in the Construction 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 Construction company?
A good Operating Income depends on the Construction 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 Ainavo Holdings Co and its competitors. Ainavo Holdings Co's current Operating Income is 円2,496 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ainavo Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Ainavo Holdings Co (TSE:7539) is currently considered Modestly Overvalued. The stock's GF Value™ is 円694.34, compared to a current price of 円786.00 — trading 13.2% above its estimated fair value. The current Operating Income is 円2,496 Mil. Ainavo Holdings Co's overall GF Score™ is 86/100 with 4 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 Ainavo Holdings Co (TSE:7539), the current Operating Income is 円2,496 Mil as of Mar. 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 Ainavo Holdings Co (TSE:7539) Overvalued in 2026?

Based on GuruFocus' analysis, Ainavo Holdings Co stock appears to be overvalued. The current stock price of 円786.00 is trading 13.2% above its estimated GF Value™ of 円694.34. GuruFocus considers Ainavo Holdings Co to be Modestly Overvalued.

Key valuation signals for TSE:7539:

  • Operating Income: 円2,496 Mil
  • GF Value™: 円694.34 vs. price of 円786.00 (13.2% above fair value)
  • GF Score™: 86/100 with 4 warning signs

No single metric tells the full story. See the TSE:7539 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ainavo Holdings Co Business Description

Address 3-3-3 Shikahama, Adachi-ku, Tokyo, JPN, 123-8509
Ainavo Holdings Co Ltd is a Japanese based firm engaged in the design, construction contract and sale of wholesale tile and housing equipment, health equipment and air-conditioning equipment, pipe materials, and import stone. Its product portfolio includes tile/stone, siding, roofing material, wooden building, aluminum building material and wooden precut.
86GF Score

Get the complete analysis for TSE:7539

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

円786.00
Price
円694.34
GF Value