Chori Co (TSE:8014) Operating Income: 円13,425 Mil (TTM As of Mar. 2026)

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TSE:8014 Chori Co Ltd TSE:8014
77 GF Score
Price 円3,905.00
GF Value 円3,417.76
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Chori Co Operating Income?

Chori Co TSE:8014 -1.14% 77 Operating Income is 円13,425 Mil as of Mar. 2026. GuruFocus rates TSE:8014 with a GF Score™ of 77/100 and a GF Value™ of 円3,417.76 (Modestly Overvalued). The stock has 1 warning sign investors should review.

Chori Co's Operating Income for the three months ended in Mar. 2026 was 円3,063 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was 円13,425 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Chori Co's Operating Income for the three months ended in Mar. 2026 was 円3,063 Mil. Chori Co's Revenue for the three months ended in Mar. 2026 was 円77,682 Mil. Therefore, Chori Co's Operating Margin % for the quarter that ended in Mar. 2026 was 3.94%.

Good Sign:

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

Chori Co's 5-Year average Growth Rate for Operating Margin % was 18.80% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Chori Co's annualized ROC % for the quarter that ended in Mar. 2026 was 14.54%. Chori Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 25.46%.


Chori Co  (TSE:8014) Operating Income Explanation

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

Chori 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 )
=12252 * ( 1 - 0% )/( (84245 + 84253)/ 2 )
=12252/84249
=14.54 %

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:

Chori 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 )
=13724/( ( (2008 + max(52754, 0)) + (2145 + max(50885, 0)) )/ 2 )
=13724/( ( 54762 + 53030 )/ 2 )
=13724/53896
=25.46 %

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)
=(75423 + 19766 + 4794) - (40926 + 0 + 6303)
=52754

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(70199 + 20540 + 6655) - (39583 + 0 + 6926)
=50885

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 %:

Chori 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 )
=3063/77682
=3.94 %

* 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.


Chori Co Operating Income Related Terms


Chori Co Operating Income Historical Data

* Premium members only.

The historical data trend for Chori 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.

Chori Co Operating Income Chart

Chori 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 9,329.00 12,657.00 15,040.00 14,493.00 13,056.00

Chori Co 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 3,286.00 3,324.00 3,383.00 3,063.00 3,655.00
TSE:8014
77GF Score
Chori Co Ltd TSE:8014
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Chori 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13,425 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13,425 Mil mean?
Chori Co (TSE:8014) has a Operating Income of 円13,425 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Chori Co and its competitors.
Is Chori Co's Operating Income too high?
Chori Co's current Operating Income is 円13,425 Mil. Overall, Chori Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chori Co's Operating Income compare to MMM and HON?
Chori Co's Operating Income of 円13,425 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Operating Income depends on the Conglomerates 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 Chori Co and its competitors. Chori Co's current Operating Income is 円13,425 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chori Co stock overvalued right now?
Based on GuruFocus' analysis, Chori Co (TSE:8014) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,417.76, compared to a current price of 円3,905.00 — trading 14.3% above its estimated fair value. The current Operating Income is 円13,425 Mil. Chori Co's overall GF Score™ is 77/100 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 Chori Co (TSE:8014), the current Operating Income is 円13,425 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 Chori Co (TSE:8014) Overvalued in 2026?

Based on GuruFocus' analysis, Chori Co stock appears to be overvalued. The current stock price of 円3,905.00 is trading 14.3% above its estimated GF Value™ of 円3,417.76. GuruFocus considers Chori Co to be Modestly Overvalued.

Key valuation signals for TSE:8014:

  • Operating Income: 円13,425 Mil
  • GF Value™: 円3,417.76 vs. price of 円3,905.00 (14.3% above fair value)
  • GF Score™: 77/100 with 1 warning sign

No single metric tells the full story. See the TSE:8014 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chori Co Business Description

Address 2-15-3 Konan, Minato-ku, Tokyo, JPN, 108-6216
Chori Co Ltd engages in textiles, chemicals, and machinery businesses. The textile business is engaged in weaving, knitting, dyeing and sewing. It sells polyester threads mainly for materials such as car seats, and handling fabrics centering on car seats and for apparels. Chemical business develops inorganic chemicals and mineral products for cosmetics, personal care and food additive applications. Machinery businesses export agricultural machinery, construction machinery, industrial equipment, and marine equipment. Chori has geographic operations in China, Japan, Europe, the United States, Hong Kong, and the Middle East.
77GF Score

Get the complete analysis for TSE:8014

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

円3,905.00
Price
円3,417.76
GF Value