Life (TSE:8194) Operating Income: 円25,475 Mil (TTM As of Feb. 2026)

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TSE:8194 Life Corp TSE:8194
84 GF Score
Price 円2,657.00
GF Value 円2,279.87
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Life Operating Income?

Life TSE:8194 +0.45% 84 Operating Income is 円25,475 Mil as of Feb. 2026. GuruFocus rates TSE:8194 with a GF Score™ of 84/100 and a GF Value™ of 円2,279.87 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Life's Operating Income for the three months ended in Feb. 2026 was 円6,811 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2026 was 円25,475 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Life's Operating Income for the three months ended in Feb. 2026 was 円6,811 Mil. Life's Revenue for the three months ended in Feb. 2026 was 円221,893 Mil. Therefore, Life's Operating Margin % for the quarter that ended in Feb. 2026 was 3.07%.

Warning Sign:

Life Corp operating margin has been in a 5-year decline. The average rate of decline per year is -2.4%.

Life's 5-Year average Growth Rate for Operating Margin % was -2.40% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Life's annualized ROC % for the quarter that ended in Feb. 2026 was 10.38%. Life's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 15.45%.


Life  (TSE:8194) Operating Income Explanation

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

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

ROC % (Q: Feb. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2025 ) + Invested Capital (Q: Feb. 2026 ))/ count )
=27244 * ( 1 - 1.57% )/( (268753 + 247852)/ 2 )
=26816.2692/258302.5
=10.38 %

where

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

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

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

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=24376/( ( (158465 + max(-81295, 0)) + (157004 + max(-75376, 0)) )/ 2 )
=24376/( ( 158465 + 157004 )/ 2 )
=24376/157734.5
=15.45 %

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)
=(24201 + 31773 + 4182) - (94590 + 0 + 46861)
=-81295

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(21100 + 32022 + 4249) - (110223 + 0 + 22524)
=-75376

When net working capital is negative, 0 is used.

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

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

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

Operating Margin %=Operating Income (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=6811/221893
=3.07 %

* 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.


Life Operating Income Related Terms


Life Operating Income Historical Data

* Premium members only.

The historical data trend for Life'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.

Life Operating Income Chart

Life Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22,939.00 19,154.00 24,124.00 25,280.00 26,012.00

Life Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 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 7,768.00 5,535.00 5,898.00 6,811.00 7,231.00
TSE:8194
84GF Score
Life Corp TSE:8194
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Life 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 Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円25,475 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25,475 Mil mean?
Life (TSE:8194) has a Operating Income of 円25,475 Mil as of Feb. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Life and its competitors.
Is Life's Operating Income too high?
Life's current Operating Income is 円25,475 Mil. Overall, Life has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Life's Operating Income compare to KR?
Life's Operating Income of 円25,475 Mil can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Operating Income depends on the Retail - Defensive 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 Life and its competitors. Life's current Operating Income is 円25,475 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Life stock overvalued right now?
Based on GuruFocus' analysis, Life (TSE:8194) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,279.87, compared to a current price of 円2,657.00 — trading 16.5% above its estimated fair value. The current Operating Income is 円25,475 Mil. Life's overall GF Score™ is 84/100 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 Life (TSE:8194), the current Operating Income is 円25,475 Mil as of Feb. 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 Life (TSE:8194) Overvalued in 2026?

Based on GuruFocus' analysis, Life stock appears to be overvalued. The current stock price of 円2,657.00 is trading 16.5% above its estimated GF Value™ of 円2,279.87. GuruFocus considers Life to be Modestly Overvalued.

Key valuation signals for TSE:8194:

  • Operating Income: 円25,475 Mil
  • GF Value™: 円2,279.87 vs. price of 円2,657.00 (16.5% above fair value)
  • GF Score™: 84/100 with 4 warning signs

No single metric tells the full story. See the TSE:8194 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Life Business Description

Address 2-2-22 Nishimiyahara, Yodogawa-ku, Osaka, JPN, 110-0016
Life Corp is a Japanese supermarket chain operator. The company is domiciled in Japan and generates the majority of revenue domestically. Life Corporation operates stores in Osaka, Tokyo, Hyogo, Kyoto, Nara, Saitama, Chiba, and Kanagawa, and derives the majority of revenue from stores located in Osaka and Tokyo. The company's supermarkets focus on the retail of seafood products, bakery products, food products, fresh fruit and vegetables, meat products, clothing, toilet paper, and craft products. The supermarkets carry a private-label brand of packaged foods.
84GF Score

Get the complete analysis for TSE:8194

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

円2,657.00
Price
円2,279.87
GF Value