Kurogane Kosakusho (TSE:7997) Operating Income: 円-177 Mil (TTM As of May. 2026)

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TSE:7997 Kurogane Kosakusho Ltd TSE:7997
58 GF Score
Price 円1,044.00
GF Value 円765.89
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Kurogane Kosakusho Operating Income?

Kurogane Kosakusho TSE:7997 -0.57% 58 Operating Income is 円-177 Mil as of May. 2026. GuruFocus rates TSE:7997 with a GF Score™ of 58/100 and a GF Value™ of 円765.89 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Kurogane Kosakusho's Operating Income for the six months ended in May. 2026 was 円-21 Mil. Its Operating Income for the trailing twelve months (TTM) ended in May. 2026 was 円-177 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Kurogane Kosakusho's Operating Income for the six months ended in May. 2026 was 円-21 Mil. Kurogane Kosakusho's Revenue for the six months ended in May. 2026 was 円3,484 Mil. Therefore, Kurogane Kosakusho's Operating Margin % for the quarter that ended in May. 2026 was -0.61%.

Good Sign:

Kurogane Kosakusho Ltd operating margin is expanding. Margin expansion is usually a good sign.

Kurogane Kosakusho's 5-Year average Growth Rate for Operating Margin % was 16.50% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kurogane Kosakusho's annualized ROC % for the quarter that ended in May. 2026 was -0.45%. Kurogane Kosakusho's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2026 was 3.70%.


Kurogane Kosakusho  (TSE:7997) Operating Income Explanation

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

Kurogane Kosakusho'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 )
=-42.696 * ( 1 - 36.73% )/( (6362.155 + 5649.378)/ 2 )
=-27.0137592/6005.7665
=-0.45 %

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))
=8546.992 - 658.486 - ( 1526.351 - max(0, 2139.851 - 4755.144+1526.351))
=6362.155

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))
=8235.259 - 614.153 - ( 1971.728 - max(0, 1974.795 - 4633.426+1971.728))
=5649.378

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:

Kurogane Kosakusho'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 )
=142.756/( ( (2386.857 + max(1628.184, 0)) + (2344.785 + max(1357.162, 0)) )/ 2 )
=142.756/( ( 4015.041 + 3701.947 )/ 2 )
=142.756/3858.494
=3.70 %

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)
=(1612.221 + 1027.163 + 589.409) - (658.486 + 0 + 942.123)
=1628.184

Working Capital(Q: May. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1247.327 + 1013.194 + 401.177) - (614.153 + 0 + 690.383)
=1357.162

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 %:

Kurogane Kosakusho'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 )
=-21.348/3484.178
=-0.61 %

* 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.


Kurogane Kosakusho Operating Income Related Terms


Kurogane Kosakusho Operating Income Historical Data

* Premium members only.

The historical data trend for Kurogane Kosakusho'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.

Kurogane Kosakusho Operating Income Chart

Kurogane Kosakusho Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -102.60 -260.66 -139.00 -27.22 -122.94

Kurogane Kosakusho Semi-Annual Data
Nov16 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 95.35 -122.57 32.31 -155.25 -21.35
TSE:7997
58GF Score
Kurogane Kosakusho Ltd TSE:7997
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Kurogane Kosakusho 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-177 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-177 Mil mean?
Kurogane Kosakusho (TSE:7997) has a Operating Income of 円-177 Mil as of May. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Kurogane Kosakusho and its competitors.
Is Kurogane Kosakusho's Operating Income too high?
Kurogane Kosakusho's current Operating Income is 円-177 Mil. Overall, Kurogane Kosakusho has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kurogane Kosakusho's Operating Income compare to SN and SGI?
Kurogane Kosakusho's Operating Income of 円-177 Mil can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Operating Income depends on the Furnishings, Fixtures & Appliances 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 Kurogane Kosakusho and its competitors. Kurogane Kosakusho's current Operating Income is 円-177 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kurogane Kosakusho stock overvalued right now?
Based on GuruFocus' analysis, Kurogane Kosakusho (TSE:7997) is currently considered Significantly Overvalued. The stock's GF Value™ is 円765.89, compared to a current price of 円1,044.00 — trading 36.3% above its estimated fair value. The current Operating Income is 円-177 Mil. Kurogane Kosakusho's overall GF Score™ is 58/100 with 5 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 Kurogane Kosakusho (TSE:7997), the current Operating Income is 円-177 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 Kurogane Kosakusho (TSE:7997) Overvalued in 2026?

Based on GuruFocus' analysis, Kurogane Kosakusho stock appears to be overvalued. The current stock price of 円1,044.00 is trading 36.3% above its estimated GF Value™ of 円765.89. GuruFocus considers Kurogane Kosakusho to be Significantly Overvalued.

Key valuation signals for TSE:7997:

  • Operating Income: 円-177 Mil
  • GF Value™: 円765.89 vs. price of 円1,044.00 (36.3% above fair value)
  • GF Score™: 58/100 with 5 warning signs

No single metric tells the full story. See the TSE:7997 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kurogane Kosakusho Business Description

Address No. 24, 4-Bandi 1-chome, Shinmachi, Nishi-ku, Osaka, JPN, 550-0013
Kurogane Kosakusho Ltd is a Japan-based furniture manufacturing company. It manufactures office furniture such as writing desks, chairs, delivery boxes, and others. In addition, the company also manufactures air-conditioning equipment and other construction-related facilities.
58GF Score

Get the complete analysis for TSE:7997

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

円1,044.00
Price
円765.89
GF Value