Daiwa Co (TSE:8247) Operating Income: 円210 Mil (TTM As of Feb. 2026)

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TSE:8247 Daiwa Co Ltd TSE:8247
47 GF Score
Price 円293.00
GF Value 円422.90
Valuation Possible Value Trap
! 5 Warning Signs
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What is Daiwa Co Operating Income?

Daiwa Co TSE:8247 -2.33% 47 Operating Income is 円210 Mil as of Feb. 2026. GuruFocus rates TSE:8247 with a GF Score™ of 47/100 and a GF Value™ of 円422.90 (Possible Value Trap). The stock has 5 warning signs investors should review.

Daiwa Co's Operating Income for the three months ended in Feb. 2026 was 円19 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2026 was 円210 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Daiwa Co's Operating Income for the three months ended in Feb. 2026 was 円19 Mil. Daiwa Co's Revenue for the three months ended in Feb. 2026 was 円4,335 Mil. Therefore, Daiwa Co's Operating Margin % for the quarter that ended in Feb. 2026 was 0.45%.

Daiwa Co's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Daiwa Co's annualized ROC % for the quarter that ended in Feb. 2026 was 0.14%. Daiwa Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was -53.38%.


Daiwa Co  (TSE:8247) Operating Income Explanation

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

Daiwa Co'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 )
=77.472 * ( 1 - 33.65% )/( (37217.738 + 35976.966)/ 2 )
=51.402672/36597.352
=0.14 %

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))
=29123.308 - 2796.863 - ( 1980.373 - max(0, 17703.137 - 6811.844+1980.373))
=37217.738

Invested Capital(Q: Feb. 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))
=27596.184 - 2387.582 - ( 2562.62 - max(0, 17053.481 - 6285.117+2562.62))
=35976.966

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

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

Daiwa Co'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 )
=-7612.716/( ( (15306.316 + max(-7749.399, 0)) + (13216.724 + max(-7842.789, 0)) )/ 2 )
=-7612.716/( ( 15306.316 + 13216.724 )/ 2 )
=-7612.716/14261.52
=-53.38 %

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)
=(2327.469 + 1667.319 + 836.683) - (2796.863 + 0 + 9784.007)
=-7749.399

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1519.965 + 1439.513 + 763.019) - (2387.582 + 0 + 9177.704)
=-7842.789

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 %:

Daiwa Co'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 )
=19.368/4335.05
=0.45 %

* 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.


Daiwa Co Operating Income Related Terms


Daiwa Co Operating Income Historical Data

* Premium members only.

The historical data trend for Daiwa 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.

Daiwa Co Operating Income Chart

Daiwa Co 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 -409.24 103.35 222.43 195.89 190.66

Daiwa Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 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 184.48 -29.18 15.99 19.37 203.36
TSE:8247
47GF Score
Daiwa Co Ltd TSE:8247
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Daiwa 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 Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円210 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210 Mil mean?
Daiwa Co (TSE:8247) has a Operating Income of 円210 Mil as of Feb. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Daiwa Co and its competitors.
Is Daiwa Co's Operating Income too high?
Daiwa Co's current Operating Income is 円210 Mil. Overall, Daiwa Co has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Daiwa Co's Operating Income compare to DDS and M?
Daiwa Co's Operating Income of 円210 Mil can be compared against companies in the Retail - Cyclical 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 - Cyclical company?
A good Operating Income depends on the Retail - Cyclical 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 Daiwa Co and its competitors. Daiwa Co's current Operating Income is 円210 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiwa Co stock overvalued right now?
Based on GuruFocus' analysis, Daiwa Co (TSE:8247) is currently considered Possible Value Trap. The stock's GF Value™ is 円422.90, compared to a current price of 円293.00 — trading 30.7% below its estimated fair value. The current Operating Income is 円210 Mil. Daiwa Co's overall GF Score™ is 47/100 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 Daiwa Co (TSE:8247), the current Operating Income is 円210 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 Daiwa Co (TSE:8247) Overvalued in 2026?

Based on GuruFocus' analysis, Daiwa Co stock appears to be undervalued. The current stock price of 円293.00 is trading 30.7% below its estimated GF Value™ of 円422.90. GuruFocus considers Daiwa Co to be Possible Value Trap.

Key valuation signals for TSE:8247:

  • Operating Income: 円210 Mil
  • GF Value™: 円422.90 vs. price of 円293.00 (30.7% below fair value)
  • GF Score™: 47/100 with 5 warning signs

No single metric tells the full story. See the TSE:8247 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daiwa Co Business Description

Address 2-2-5 Katamachi, 5th Floor Katamachi Kirara, Kanazawa, JPN, 920-8561
Daiwa Co Ltd is a Japan-based company mainly engaged in the operation of department stores and other businesses. It operates two department stores in Kanazawa and Toyama. The company's reportable segments are department stores, hotels, publishing, food and beverages, and others. A majority of its revenue is generated from the department stores segment, which provides customers with various products, information, and services.
47GF Score

Get the complete analysis for TSE:8247

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

円293.00
Price
円422.90
GF Value