Kanamoto Co (TSE:9678) Operating Income: 円21,074 Mil (TTM As of Apr. 2026)

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TSE:9678 Kanamoto Co Ltd TSE:9678
79 GF Score
Price 円5,620.00
GF Value 円3,346.71
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Kanamoto Co Operating Income?

Kanamoto Co TSE:9678 +0.90% 79 Operating Income is 円21,074 Mil as of Apr. 2026. GuruFocus rates TSE:9678 with a GF Score™ of 79/100 and a GF Value™ of 円3,346.71 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Kanamoto Co's Operating Income for the three months ended in Apr. 2026 was 円4,741 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 was 円21,074 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Kanamoto Co's Operating Income for the three months ended in Apr. 2026 was 円4,741 Mil. Kanamoto Co's Revenue for the three months ended in Apr. 2026 was 円52,778 Mil. Therefore, Kanamoto Co's Operating Margin % for the quarter that ended in Apr. 2026 was 8.98%.

Kanamoto Co's 5-Year average Growth Rate for Operating Margin % was -0.90% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kanamoto Co's annualized ROC % for the quarter that ended in Apr. 2026 was 5.24%. Kanamoto Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 11.99%.


Kanamoto Co  (TSE:9678) Operating Income Explanation

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

Kanamoto 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: Jan. 2026 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=18964 * ( 1 - 33.09% )/( (248676 + 235765)/ 2 )
=12688.8124/242220.5
=5.24 %

where

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

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

Kanamoto 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: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=21036/( ( (170952 + max(6866, 0)) + (168734 + max(4314, 0)) )/ 2 )
=21036/( ( 177818 + 173048 )/ 2 )
=21036/175433
=11.99 %

where Working Capital is:

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(38146 + 15560 + 15484) - (35998 + 0 + 26326)
=6866

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(34355 + 15396 + 13089) - (37515 + 0 + 21011)
=4314

When net working capital is negative, 0 is used.

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

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

Kanamoto 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 )
=4741/52778
=8.98 %

* 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.


Kanamoto Co Operating Income Related Terms


Kanamoto Co Operating Income Historical Data

* Premium members only.

The historical data trend for Kanamoto 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.

Kanamoto Co Operating Income Chart

Kanamoto Co Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14,625.00 13,229.00 11,958.00 14,569.00 17,369.00

Kanamoto Co Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 3,193.00 5,634.00 5,689.00 4,741.00 5,010.00
TSE:9678
79GF Score
Kanamoto Co Ltd TSE:9678
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kanamoto 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 quarterly data reported by the company within the most recent 12 months, which was 円21,074 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21,074 Mil mean?
Kanamoto Co (TSE:9678) has a Operating Income of 円21,074 Mil as of Apr. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Kanamoto Co and its competitors.
Is Kanamoto Co's Operating Income too high?
Kanamoto Co's current Operating Income is 円21,074 Mil. Overall, Kanamoto Co has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kanamoto Co's Operating Income compare to URI and SUNB?
Kanamoto Co's Operating Income of 円21,074 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Operating Income depends on the Business Services 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 Kanamoto Co and its competitors. Kanamoto Co's current Operating Income is 円21,074 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanamoto Co stock overvalued right now?
Based on GuruFocus' analysis, Kanamoto Co (TSE:9678) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,346.71, compared to a current price of 円5,620.00 — trading 67.9% above its estimated fair value. The current Operating Income is 円21,074 Mil. Kanamoto Co's overall GF Score™ is 79/100 with 6 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 Kanamoto Co (TSE:9678), the current Operating Income is 円21,074 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 Kanamoto Co (TSE:9678) Overvalued in 2026?

Based on GuruFocus' analysis, Kanamoto Co stock appears to be overvalued. The current stock price of 円5,620.00 is trading 67.9% above its estimated GF Value™ of 円3,346.71. GuruFocus considers Kanamoto Co to be Significantly Overvalued.

Key valuation signals for TSE:9678:

  • Operating Income: 円21,074 Mil
  • GF Value™: 円3,346.71 vs. price of 円5,620.00 (67.9% above fair value)
  • GF Score™: 79/100 with 6 warning signs

No single metric tells the full story. See the TSE:9678 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kanamoto Co Business Description

Address 1-19, Odori Higashi 3-chome Chuo-ku, Sapporo, Hokkaido, JPN, 060-0041
Kanamoto Co Ltd is a provider of construction equipment rentals. The company operates three business segments: construction equipment rental, steel products, and computing products. The construction equipment rental business is Kanamoto's core business, accounting for most of the company's revenue. The company owns various hand tools and construction equipment, such as dump trucks and hydraulic excavators, which it rents out to its customers. The steel products business sells various construction materials for engineering and construction works. The computing products business provides rentals and sale of computer-related equipment. Kanamoto operates in Asia.
79GF Score

Get the complete analysis for TSE:9678

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

円5,620.00
Price
円3,346.71
GF Value