Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Tokyu Reit's Operating Income for the
six
months ended in Jan. 2026 was 円5,641 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Jan. 2026 was 円10,989 Mil.
Operating Margin % is calculated as Operating Income divided by its Revenue. Tokyu Reit's Operating Income for the
six
months ended in Jan. 2026 was 円5,641 Mil. Tokyu Reit's Revenue for the
six
months ended in Jan. 2026 was 円10,372 Mil. Therefore, Tokyu Reit's Operating Margin % for the quarter that ended in Jan. 2026 was 54.38%.
Good Sign:
Tokyu Reit Inc operating margin is expanding. Margin expansion is usually a good sign.
Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Tokyu Reit's annualizedROC % for the quarter that ended in Jan. 2026 was 4.52%.
Tokyu Reit's annualizedROC (Joel Greenblatt) % for the quarter that ended in Jan. 2026 was 4.80%.
* 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.
Tokyu Reit Operating Income Related Terms
Tokyu Reit Operating Income Historical Data
* Premium members only.
The historical data trend for Tokyu Reit'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 Jan. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円10,989 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.
Tokyu Reit (TSE:8957) has a Operating Income of 円10,989 Mil as of Jan. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Tokyu Reit and its competitors.
Is Tokyu Reit's Operating Income too high?
Tokyu Reit's current Operating Income is 円10,989 Mil. Overall, Tokyu Reit has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tokyu Reit's Operating Income compare to VICI and WPC?
Tokyu Reit's Operating Income of 円10,989 Mil can be compared against companies in the REITs 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 REITs company?
A good Operating Income depends on the REITs 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 Tokyu Reit and its competitors. Tokyu Reit's current Operating Income is 円10,989 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyu Reit stock overvalued right now?
Based on GuruFocus' analysis, Tokyu Reit (TSE:8957) is currently considered Fairly Valued. The stock's GF Value™ is 円184,587.66, compared to a current price of 円185,900.00 — trading 0.7% above its estimated fair value. The current Operating Income is 円10,989 Mil. Tokyu Reit's overall GF Score™ is 72/100 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 Tokyu Reit (TSE:8957), the current Operating Income is 円10,989 Mil as of Jan. 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 Tokyu Reit (TSE:8957) Overvalued in 2026?
Based on GuruFocus' analysis, Tokyu Reit stock appears to be overvalued.
The current stock price of 円185,900.00 is trading 0.7% above its estimated GF Value™ of 円184,587.66.
GuruFocus considers Tokyu Reit to be Fairly Valued.
Key valuation signals for TSE:8957:
Operating Income: 円10,989 Mil
GF Value™: 円184,587.66 vs. price of 円185,900.00 (0.7% above fair value)
No single metric tells the full story. See the TSE:8957 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokyu Reit Inc is a Japanese real estate company. It is engaged in asset investment and management based on principles of growth, stability, and transparency. The company invests predominantly in retail and office properties located in Chiyoda, Chuo, Minato, Shinjuku and Shibuya wards.
72GF Score
Get the complete analysis for TSE:8957
Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:8957 has been successfully added to your 
