Sakurajima Futo Kaisha (TSE:9353) Operating Income: 円210 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:9353 Sakurajima Futo Kaisha Ltd TSE:9353
66 GF Score
Price 円2,900.00
GF Value 円1,947.67
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Sakurajima Futo Kaisha Operating Income?

Sakurajima Futo Kaisha TSE:9353 +0.35% 66 Operating Income is 円210 Mil as of Mar. 2026. GuruFocus rates TSE:9353 with a GF Score™ of 66/100 and a GF Value™ of 円1,947.67 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Sakurajima Futo Kaisha's Operating Income for the three months ended in Mar. 2026 was 円4 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was 円210 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Sakurajima Futo Kaisha's Operating Income for the three months ended in Mar. 2026 was 円4 Mil. Sakurajima Futo Kaisha's Revenue for the three months ended in Mar. 2026 was 円1,052 Mil. Therefore, Sakurajima Futo Kaisha's Operating Margin % for the quarter that ended in Mar. 2026 was 0.39%.

Good Sign:

Sakurajima Futo Kaisha Ltd operating margin is expanding. Margin expansion is usually a good sign.

Sakurajima Futo Kaisha's 5-Year average Growth Rate for Operating Margin % was 23.60% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sakurajima Futo Kaisha's annualized ROC % for the quarter that ended in Mar. 2026 was 0.12%. Sakurajima Futo Kaisha's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -3.90%.


Sakurajima Futo Kaisha  (TSE:9353) Operating Income Explanation

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

Sakurajima Futo Kaisha'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: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=16.548 * ( 1 - 17.9% )/( (10870.579 + 11356.058)/ 2 )
=13.585908/11113.3185
=0.12 %

where

Invested Capital(Q: Dec. 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))
=12072.826 - 188.291 - ( 1230.651 - max(0, 901.969 - 1915.925+1230.651))
=10870.579

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))
=12203.615 - 187.848 - ( 1172.711 - max(0, 1045.649 - 1705.358+1172.711))
=11356.058

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

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

Sakurajima Futo Kaisha'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: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-140.764/( ( (3476.675 + max(82.041, 0)) + (3659.586 + max(-198.482, 0)) )/ 2 )
=-140.764/( ( 3558.716 + 3659.586 )/ 2 )
=-140.764/3609.151
=-3.90 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(411.855 + 54.926 + 218.493) - (188.291 + 0 + 414.942)
=82.041

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(402.344 + 57.282 + 73.021) - (187.848 + 0 + 543.281)
=-198.482

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

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

Sakurajima Futo Kaisha'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 )
=4.137/1052.068
=0.39 %

* 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.


Sakurajima Futo Kaisha Operating Income Related Terms


Sakurajima Futo Kaisha Operating Income Historical Data

* Premium members only.

The historical data trend for Sakurajima Futo Kaisha'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.

Sakurajima Futo Kaisha Operating Income Chart

Sakurajima Futo Kaisha Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 108.77 157.15 235.77 203.09 251.07

Sakurajima Futo Kaisha Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 92.05 119.68 35.20 4.14 51.42
TSE:9353
66GF Score
Sakurajima Futo Kaisha Ltd TSE:9353
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sakurajima Futo Kaisha 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 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?
Sakurajima Futo Kaisha (TSE:9353) has a Operating Income of 円210 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Sakurajima Futo Kaisha and its competitors.
Is Sakurajima Futo Kaisha's Operating Income too high?
Sakurajima Futo Kaisha's current Operating Income is 円210 Mil. Overall, Sakurajima Futo Kaisha has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sakurajima Futo Kaisha's Operating Income compare to competitors?
Sakurajima Futo Kaisha's Operating Income of 円210 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Operating Income depends on the Transportation 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 Sakurajima Futo Kaisha and its competitors. Sakurajima Futo Kaisha'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 Sakurajima Futo Kaisha stock overvalued right now?
Based on GuruFocus' analysis, Sakurajima Futo Kaisha (TSE:9353) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,947.67, compared to a current price of 円2,900.00 — trading 48.9% above its estimated fair value. The current Operating Income is 円210 Mil. Sakurajima Futo Kaisha's overall GF Score™ is 66/100 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 Sakurajima Futo Kaisha (TSE:9353), the current Operating Income is 円210 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 Sakurajima Futo Kaisha (TSE:9353) Overvalued in 2026?

Based on GuruFocus' analysis, Sakurajima Futo Kaisha stock appears to be overvalued. The current stock price of 円2,900.00 is trading 48.9% above its estimated GF Value™ of 円1,947.67. GuruFocus considers Sakurajima Futo Kaisha to be Significantly Overvalued.

Key valuation signals for TSE:9353:

  • Operating Income: 円210 Mil
  • GF Value™: 円1,947.67 vs. price of 円2,900.00 (48.9% above fair value)
  • GF Score™: 66/100 with 5 warning signs

No single metric tells the full story. See the TSE:9353 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sakurajima Futo Kaisha Business Description

Address Osaka Konohana-ku, Plum-Cho 1-1-11, Osaka-shi, Osaka, JPN, 554-0032
Sakurajima Futo Kaisha Ltd is engaged in the port transportation business in Japan. It is involved in handling cargo, such as coal, coke, raw salt, soda ash, alloyed iron, other minerals, etc.; liquid cargo, including petroleum products and petrochemicals; and frozen and refrigerated products comprising frozen food, chilled food, dry goods, etc. The company also provides barge transportation, warehousing, cargo usage transportation, and customs clearing services.
66GF Score

Get the complete analysis for TSE:9353

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

円2,900.00
Price
円1,947.67
GF Value