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TOC Co's Operating Income for the
three
months ended in Mar. 2026 was 円632 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was 円3,048 Mil.
Operating Margin % is calculated as Operating Income divided by its Revenue. TOC Co's Operating Income for the
three
months ended in Mar. 2026 was 円632 Mil. TOC Co's Revenue for the
three
months ended in Mar. 2026 was 円4,072 Mil. Therefore, TOC Co's Operating Margin % for the quarter that ended in Mar. 2026 was 15.52%.
Warning Sign:
TOC Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -20.1%.
Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
TOC Co's annualizedROC % for the quarter that ended in Mar. 2026 was 1.87%.
TOC Co's annualizedROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.01%.
* 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.
TOC Co Operating Income Related Terms
TOC Co Operating Income Historical Data
* Premium members only.
The historical data trend for TOC 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.
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3,048 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.
TOC Co (TSE:8841) has a Operating Income of 円3,048 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on TOC Co and its competitors.
Is TOC Co's Operating Income too high?
TOC Co's current Operating Income is 円3,048 Mil. Overall, TOC Co has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TOC Co's Operating Income compare to CBRE and BEKE?
TOC Co's Operating Income of 円3,048 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Operating Income depends on the Real Estate 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 TOC Co and its competitors. TOC Co's current Operating Income is 円3,048 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOC Co stock overvalued right now?
Based on GuruFocus' analysis, TOC Co (TSE:8841) is currently considered Modestly Overvalued. The stock's GF Value™ is 円843.85, compared to a current price of 円974.00 — trading 15.4% above its estimated fair value. The current Operating Income is 円3,048 Mil. TOC Co's overall GF Score™ is 80/100 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 TOC Co (TSE:8841), the current Operating Income is 円3,048 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 TOC Co (TSE:8841) Overvalued in 2026?
Based on GuruFocus' analysis, TOC Co stock appears to be overvalued.
The current stock price of 円974.00 is trading 15.4% above its estimated GF Value™ of 円843.85.
GuruFocus considers TOC Co to be Modestly Overvalued.
Key valuation signals for TSE:8841:
Operating Income: 円3,048 Mil
GF Value™: 円843.85 vs. price of 円974.00 (15.4% above fair value)
No single metric tells the full story. See the TSE:8841 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TOC Co Ltd is a Japan-based company with three business segments: real estate, linen supply and laundry, and other. The real estate segment is engaged in planning, execution, and management of urban development projects. The linen supply and laundry segment is engaged in supplying various linens used in hotels and restaurants, and offering dry cleaning services. The other segment contains a pharmaceuticals business, operates a sports club and a bathing facility, includes retail and restaurant businesses, and engages in building maintenance services. The company generates most of its revenue from the real estate segment.
80GF Score
Get the complete analysis for TSE:8841
Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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