AGEHA (TSE:9330) Operating Income: 円-100 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TSE:9330 AGEHA Inc TSE:9330
39 GF Score
Price 円883.00
GF Value 円782.78
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is AGEHA Operating Income?

AGEHA TSE:9330 +0.34% 39 Operating Income is 円-100 Mil as of Mar. 2026. GuruFocus rates TSE:9330 with a GF Score™ of 39/100 and a GF Value™ of 円782.78 (Modestly Overvalued). The stock has 1 warning sign investors should review.

AGEHA's Operating Income for the six months ended in Mar. 2026 was 円68 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was 円-100 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. AGEHA's Operating Income for the six months ended in Mar. 2026 was 円68 Mil. AGEHA's Revenue for the six months ended in Mar. 2026 was 円970 Mil. Therefore, AGEHA's Operating Margin % for the quarter that ended in Mar. 2026 was 7.04%.

AGEHA'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. AGEHA's annualized ROC % for the quarter that ended in Mar. 2026 was 21.35%. AGEHA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 55.03%.


AGEHA  (TSE:9330) Operating Income Explanation

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

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

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=136.576 * ( 1 - 35.09% )/( (311.291 + 519.014)/ 2 )
=88.6514816/415.1525
=21.35 %

where

Invested Capital(Q: Sep. 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))
=1310.18 - 130.858 - ( 868.031 - max(0, 275.549 - 1218.447+868.031))
=311.291

Invested Capital(Q: Mar. 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))
=1375.979 - 152.484 - ( 704.481 - max(0, 327.65 - 1298.398+704.481))
=519.014

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

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

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

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=138.436/( ( (20.207 + max(136.034, 0)) + (19.453 + max(327.434, 0)) )/ 2 )
=138.436/( ( 156.241 + 346.887 )/ 2 )
=138.436/251.564
=55.03 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(261.069 + 49.548 + 39.799) - (130.858 + 0 + 83.524)
=136.034

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(488.684 + 27.999 + 77.234) - (152.484 + 0 + 113.999)
=327.434

When net working capital is negative, 0 is used.

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

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

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

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=68.288/970.266
=7.04 %

* 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.


AGEHA Operating Income Related Terms


AGEHA Operating Income Historical Data

* Premium members only.

The historical data trend for AGEHA'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.

AGEHA Operating Income Chart

AGEHA Annual Data
Trend Sep21 Sep22 Sep23 Sep24 Sep25
Operating Income
53.39 113.56 113.80 1.96 -73.62

AGEHA Semi-Annual Data
Sep21 Sep22 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Operating Income Get a 7-Day Free Trial 97.04 -95.08 94.19 -167.81 68.29
TSE:9330
39GF Score
AGEHA Inc TSE:9330
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AGEHA 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 Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円-100 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-100 Mil mean?
AGEHA (TSE:9330) has a Operating Income of 円-100 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on AGEHA and its competitors.
Is AGEHA's Operating Income too high?
AGEHA's current Operating Income is 円-100 Mil. Overall, AGEHA has a GF Score™ of 39/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AGEHA's Operating Income compare to APP and OMC?
AGEHA's Operating Income of 円-100 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Operating Income depends on the Media - Diversified 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 AGEHA and its competitors. AGEHA's current Operating Income is 円-100 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AGEHA stock overvalued right now?
Based on GuruFocus' analysis, AGEHA (TSE:9330) is currently considered Modestly Overvalued. The stock's GF Value™ is 円782.78, compared to a current price of 円883.00 — trading 12.8% above its estimated fair value. The current Operating Income is 円-100 Mil. AGEHA's overall GF Score™ is 39/100 with 1 warning sign 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 AGEHA (TSE:9330), the current Operating Income is 円-100 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 AGEHA (TSE:9330) Overvalued in 2026?

Based on GuruFocus' analysis, AGEHA stock appears to be overvalued. The current stock price of 円883.00 is trading 12.8% above its estimated GF Value™ of 円782.78. GuruFocus considers AGEHA to be Modestly Overvalued.

Key valuation signals for TSE:9330:

  • Operating Income: 円-100 Mil
  • GF Value™: 円782.78 vs. price of 円883.00 (12.8% above fair value)
  • GF Score™: 39/100 with 1 warning sign

No single metric tells the full story. See the TSE:9330 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AGEHA Business Description

Address 2-12-7 Hatchobori, Uniden Building 3rd floor, Chuo-ku, Tokyo, JPN, 104-0032
AGEHA Inc is engaged in Providing branding consultancy and creative solutions for businesses.
39GF Score

Get the complete analysis for TSE:9330

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

円883.00
Price
円782.78
GF Value