Revolution Co (TSE:8894) Operating Income: 円336 Mil (TTM As of Apr. 2026)

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TSE:8894 Revolution Co Ltd TSE:8894
57 GF Score
Price 円22.00
GF Value 円871.49
Valuation Possible Value Trap
! 10 Warning Signs
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What is Revolution Co Operating Income?

Revolution Co TSE:8894 57 Operating Income is 円336 Mil as of Apr. 2026. GuruFocus rates TSE:8894 with a GF Score™ of 57/100 and a GF Value™ of 円871.49 (Possible Value Trap). The stock has 10 warning signs investors should review.

Revolution Co's Operating Income for the six months ended in Apr. 2026 was 円1,364 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 was 円336 Mil.

Warning Sign:

Revolution Co Ltd had lost money in 67% of the time over the past 3quarters.

Operating Margin % is calculated as Operating Income divided by its Revenue. Revolution Co's Operating Income for the six months ended in Apr. 2026 was 円1,364 Mil. Revolution Co's Revenue for the six months ended in Apr. 2026 was 円12,542 Mil. Therefore, Revolution Co's Operating Margin % for the quarter that ended in Apr. 2026 was 10.88%.

Revolution 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. Revolution Co's annualized ROC % for the quarter that ended in Apr. 2026 was 6.31%. Revolution Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was -16.73%.


Revolution Co  (TSE:8894) Operating Income Explanation

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

Revolution Co's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2025 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=2728 * ( 1 - 0% )/( (45558.662 + 40864)/ 2 )
=2728/43211.331
=6.31 %

where

Invested Capital(Q: Oct. 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))
=46802.271 - 65.326 - ( 2778.559 - max(0, 34453.233 - 35631.516+2778.559))
=45558.662

Note: The Operating Income data used here is two times the semi-annual (Apr. 2026) data.

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

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

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2025  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2082/( ( (9928.853 + max(3174.995, 0)) + (9245 + max(2535, 0)) )/ 2 )
=-2082/( ( 13103.848 + 11780 )/ 2 )
=-2082/12441.924
=-16.73 %

where Working Capital is:

Working Capital(Q: Oct. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.28 + 24491.46 + 1449.448) - (65.326 + 0 + 22705.867)
=3174.995

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6 + 21133 + 581) - (121 + 0 + 19064)
=2535

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Apr. 2026) EBIT data.

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

Revolution Co's Operating Margin % for the quarter that ended in Apr. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=1364/12542
=10.88 %

* 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.


Revolution Co Operating Income Related Terms


Revolution Co Operating Income Historical Data

* Premium members only.

The historical data trend for Revolution 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.

Revolution Co Operating Income Chart

Revolution Co Annual Data
Trend Feb16 Feb17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 206.59 -69.42 -415.14 333.33 -4,150.83

Revolution Co Semi-Annual Data
Aug16 Feb17 Aug17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 -189.76 523.09 -3,124.37 -1,027.83 1,364.00
TSE:8894
57GF Score
Revolution Co Ltd TSE:8894
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Revolution 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 Apr. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円336 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336 Mil mean?
Revolution Co (TSE:8894) has a Operating Income of 円336 Mil as of Apr. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Revolution Co and its competitors.
Is Revolution Co's Operating Income too high?
Revolution Co's current Operating Income is 円336 Mil. Overall, Revolution Co has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Revolution Co's Operating Income compare to CBRE and BEKE?
Revolution Co's Operating Income of 円336 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 Revolution Co and its competitors. Revolution Co's current Operating Income is 円336 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Revolution Co stock overvalued right now?
Based on GuruFocus' analysis, Revolution Co (TSE:8894) is currently considered Possible Value Trap. The stock's GF Value™ is 円871.49, compared to a current price of 円22.00 — trading 97.5% below its estimated fair value. The current Operating Income is 円336 Mil. Revolution Co's overall GF Score™ is 57/100 with 10 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 Revolution Co (TSE:8894), the current Operating Income is 円336 Mil as of Apr. 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 Revolution Co (TSE:8894) Overvalued in 2026?

Based on GuruFocus' analysis, Revolution Co stock appears to be undervalued. The current stock price of 円22.00 is trading 97.5% below its estimated GF Value™ of 円871.49. GuruFocus considers Revolution Co to be Possible Value Trap.

Key valuation signals for TSE:8894:

  • Operating Income: 円336 Mil
  • GF Value™: 円871.49 vs. price of 円22.00 (97.5% below fair value)
  • GF Score™: 57/100 with 10 warning signs

No single metric tells the full story. See the TSE:8894 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Revolution Co Business Description

Address 2-2-1 Hosoecho, Harahirosan Building, 4th floor, Shimonoseki, JPN, 750-0016
Revolution Co Ltd is engaged in real estate and construction. The services provided by the company include condominium sale, apartment sales representation, accommodation and management of rental housing, real estate management, construction contracting, and construction design supervision.
57GF Score

Get the complete analysis for TSE:8894

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

円22.00
Price
円871.49
GF Value