Nakabayashi Co (TSE:7987) Operating Income: 円2,881 Mil (TTM As of Mar. 2026)

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TSE:7987 Nakabayashi Co Ltd TSE:7987
68 GF Score
Price 円570.00
GF Value 円533.72
Valuation Fairly Valued
! 2 Warning Signs
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What is Nakabayashi Co Operating Income?

Nakabayashi Co TSE:7987 -0.52% 68 Operating Income is 円2,881 Mil as of Mar. 2026. GuruFocus rates TSE:7987 with a GF Score™ of 68/100 and a GF Value™ of 円533.72 (Fairly Valued). The stock has 2 warning signs investors should review.

Nakabayashi Co's Operating Income for the six months ended in Mar. 2026 was 円1,861 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was 円2,881 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Nakabayashi Co's Operating Income for the six months ended in Mar. 2026 was 円1,861 Mil. Nakabayashi Co's Revenue for the six months ended in Mar. 2026 was 円33,382 Mil. Therefore, Nakabayashi Co's Operating Margin % for the quarter that ended in Mar. 2026 was 5.57%.

Good Sign:

Nakabayashi Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

Nakabayashi Co's 5-Year average Growth Rate for Operating Margin % was 2.20% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nakabayashi Co's annualized ROC % for the quarter that ended in Mar. 2026 was 7.98%. Nakabayashi Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.42%.


Nakabayashi Co  (TSE:7987) Operating Income Explanation

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

Nakabayashi 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: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=3722 * ( 1 - 12.72% )/( (40377 + 41047)/ 2 )
=3248.5616/40712
=7.98 %

where

Note: The Operating Income data used here is two times the semi-annual (Mar. 2026) data.

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

Nakabayashi 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: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=4110/( ( (19434 + max(10862, 0)) + (18790 + max(12169, 0)) )/ 2 )
=4110/( ( 30296 + 30959 )/ 2 )
=4110/30627.5
=13.42 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7862 + 11036 + 1927) - (6367 + 0 + 3596)
=10862

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9423 + 9452 + 2309) - (6237 + 0 + 2778)
=12169

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

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

Nakabayashi 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 )
=1861/33382
=5.57 %

* 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.


Nakabayashi Co Operating Income Related Terms


Nakabayashi Co Operating Income Historical Data

* Premium members only.

The historical data trend for Nakabayashi 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.

Nakabayashi Co Operating Income Chart

Nakabayashi Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,825.00 462.00 469.00 1,793.00 2,881.00

Nakabayashi Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 840.00 448.00 1,345.00 1,020.00 1,861.00
TSE:7987
68GF Score
Nakabayashi Co Ltd TSE:7987
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Nakabayashi 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 semi-annually data reported by the company within the most recent 12 months, which was 円2,881 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2,881 Mil mean?
Nakabayashi Co (TSE:7987) has a Operating Income of 円2,881 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Nakabayashi Co and its competitors.
Is Nakabayashi Co's Operating Income too high?
Nakabayashi Co's current Operating Income is 円2,881 Mil. Overall, Nakabayashi Co has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nakabayashi Co's Operating Income compare to CTAS and CPRT?
Nakabayashi Co's Operating Income of 円2,881 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Operating Income depends on the Business Services 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 Nakabayashi Co and its competitors. Nakabayashi Co's current Operating Income is 円2,881 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nakabayashi Co stock overvalued right now?
Based on GuruFocus' analysis, Nakabayashi Co (TSE:7987) is currently considered Fairly Valued. The stock's GF Value™ is 円533.72, compared to a current price of 円570.00 — trading 6.8% above its estimated fair value. The current Operating Income is 円2,881 Mil. Nakabayashi Co's overall GF Score™ is 68/100 with 2 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 Nakabayashi Co (TSE:7987), the current Operating Income is 円2,881 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 Nakabayashi Co (TSE:7987) Overvalued in 2026?

Based on GuruFocus' analysis, Nakabayashi Co stock appears to be overvalued. The current stock price of 円570.00 is trading 6.8% above its estimated GF Value™ of 円533.72. GuruFocus considers Nakabayashi Co to be Fairly Valued.

Key valuation signals for TSE:7987:

  • Operating Income: 円2,881 Mil
  • GF Value™: 円533.72 vs. price of 円570.00 (6.8% above fair value)
  • GF Score™: 68/100 with 2 warning signs

No single metric tells the full story. See the TSE:7987 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nakabayashi Co Business Description

Address 5-1, Higashi-Sakashita, 2-Chome, Itabashi-Ku, Tokyo, JPN, 174-8602
Nakabayashi Co Ltd is a Japan-based company. It mainly offers business equipment and services. Its principal business activities include consumer-communications business, office appliance business, and process solution business. The company offers various products and services including data printing service, solution service for the library, temporary-employment service, storage box, gadget accessories, paper for printing, office furniture, and waste paper recycling. Nakabayashi is also engaged in woody biomass power generation, Solar power generation and agriculture business.
68GF Score

Get the complete analysis for TSE:7987

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

円570.00
Price
円533.72
GF Value