Kitakei Co (TSE:9872) Operating Income: 円503 Mil (TTM As of May. 2026)

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TSE:9872 Kitakei Co Ltd TSE:9872
68 GF Score
Price 円959.00
GF Value 円625.26
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Kitakei Co Operating Income?

Kitakei Co TSE:9872 +1.80% 68 Operating Income is 円503 Mil as of May. 2026. GuruFocus rates TSE:9872 with a GF Score™ of 68/100 and a GF Value™ of 円625.26 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Kitakei Co's Operating Income for the three months ended in May. 2026 was 円0 Mil. Its Operating Income for the trailing twelve months (TTM) ended in May. 2026 was 円503 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Kitakei Co's Operating Income for the three months ended in May. 2026 was 円0 Mil. Kitakei Co's Revenue for the three months ended in May. 2026 was 円0 Mil. Therefore, Kitakei Co's Operating Margin % for the quarter that ended in May. 2026 was %.

Good Sign:

Kitakei Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

Kitakei Co's 5-Year average Growth Rate for Operating Margin % was 1.90% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kitakei Co's annualized ROC % for the quarter that ended in May. 2026 was 0.00%. Kitakei Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2026 was 0.00%.


Kitakei Co  (TSE:9872) Operating Income Explanation

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

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

ROC % (Q: May. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Feb. 2026 ) + Invested Capital (Q: May. 2026 ))/ count )
=0 * ( 1 - 0% )/( (10658 + 10444)/ 2 )
=0/10551
=0.00 %

where

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

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

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

ROC (Joel Greenblatt) %(Q: May. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2026  Q: May. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (1640 + max(-50, 0)) + (1628 + max(609, 0)) )/ 2 )
=0/( ( 1640 + 2237 )/ 2 )
=0/1938.5
=0.00 %

where Working Capital is:

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9119 + 2129 + 1920) - (6213 + 0 + 7005)
=-50

Working Capital(Q: May. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8530 + 1825 + 1670) - (5173 + 0 + 6243)
=609

When net working capital is negative, 0 is used.

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

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

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

Operating Margin %=Operating Income (Q: May. 2026 )/Revenue (Q: May. 2026 )
=0/0
= %

* 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.


Kitakei Co Operating Income Related Terms


Kitakei Co Operating Income Historical Data

* Premium members only.

The historical data trend for Kitakei 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.

Kitakei Co Operating Income Chart

Kitakei Co Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 811.11 822.68 974.09 920.00 714.00

Kitakei Co Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 May25 Aug25 Nov25 Feb26 May26
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 0.00 66.70 213.80 222.00 0.00
TSE:9872
68GF Score
Kitakei Co Ltd TSE:9872
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Kitakei 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 May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円503 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503 Mil mean?
Kitakei Co (TSE:9872) has a Operating Income of 円503 Mil as of May. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Kitakei Co and its competitors.
Is Kitakei Co's Operating Income too high?
Kitakei Co's current Operating Income is 円503 Mil. Overall, Kitakei Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kitakei Co's Operating Income compare to TT and JCI?
Kitakei Co's Operating Income of 円503 Mil can be compared against companies in the Construction 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 Construction company?
A good Operating Income depends on the Construction 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 Kitakei Co and its competitors. Kitakei Co's current Operating Income is 円503 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kitakei Co stock overvalued right now?
Based on GuruFocus' analysis, Kitakei Co (TSE:9872) is currently considered Significantly Overvalued. The stock's GF Value™ is 円625.26, compared to a current price of 円959.00 — trading 53.4% above its estimated fair value. The current Operating Income is 円503 Mil. Kitakei Co's overall GF Score™ is 68/100 with 2 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 Kitakei Co (TSE:9872), the current Operating Income is 円503 Mil as of May. 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 Kitakei Co (TSE:9872) Overvalued in 2026?

Based on GuruFocus' analysis, Kitakei Co stock appears to be overvalued. The current stock price of 円959.00 is trading 53.4% above its estimated GF Value™ of 円625.26. GuruFocus considers Kitakei Co to be Significantly Overvalued.

Key valuation signals for TSE:9872:

  • Operating Income: 円503 Mil
  • GF Value™: 円625.26 vs. price of 円959.00 (53.4% above fair value)
  • GF Score™: 68/100 with 2 warning signs

No single metric tells the full story. See the TSE:9872 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kitakei Co Business Description

Address Ito Bldg. 3-6-14, Minami-Honmachi, Chuo-ku, Osaka-shi, Osaka, JPN, 541-0054
Kitakei Co Ltd is engaged in sales and sales with installation for housing materials and facility equipment. Its services include Interior: interior doors, closets, flooring materials, staircase materials; Exterior: ceramic siding, roofing materials, sash, fence, carport; Facility equipment: kitchen, bath, restroom, lavatory, air conditioner, water heater; Wood products: structure materials, wood construction materials, solid wood flooring, plywood; Metal: architectural hardware, construction tools, vibration damper; Chemical products: breathable waterproof sheets, soundproof sheets, noncombustible board, insulation materials; Private Brand products: built-in wall/ceiling storage, subsidiary building materials, curing sheet; & Overseas trading products: solid wood flooring, laminated wood.
68GF Score

Get the complete analysis for TSE:9872

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

円959.00
Price
円625.26
GF Value