Bunkyodo Group Holdings Co (TSE:9978) Operating Income: 円-24 Mil (TTM As of Feb. 2026)

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TSE:9978 Bunkyodo Group Holdings Co Ltd TSE:9978
60 GF Score
Price 円45.00
GF Value 円48.04
Valuation Fairly Valued
! 3 Warning Signs
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What is Bunkyodo Group Holdings Co Operating Income?

Bunkyodo Group Holdings Co TSE:9978 60 Operating Income is 円-24 Mil as of Feb. 2026. GuruFocus rates TSE:9978 with a GF Score™ of 60/100 and a GF Value™ of 円48.04 (Fairly Valued). The stock has 3 warning signs investors should review.

Bunkyodo Group Holdings Co's Operating Income for the three months ended in Feb. 2026 was 円85 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2026 was 円-24 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Bunkyodo Group Holdings Co's Operating Income for the three months ended in Feb. 2026 was 円85 Mil. Bunkyodo Group Holdings Co's Revenue for the three months ended in Feb. 2026 was 円3,961 Mil. Therefore, Bunkyodo Group Holdings Co's Operating Margin % for the quarter that ended in Feb. 2026 was 2.15%.

Bunkyodo Group Holdings Co'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. Bunkyodo Group Holdings Co's annualized ROC % for the quarter that ended in Feb. 2026 was 4.73%. Bunkyodo Group Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 11.88%.


Bunkyodo Group Holdings Co  (TSE:9978) Operating Income Explanation

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

Bunkyodo Group Holdings Co's annualized ROC % for the quarter that ended in Feb. 2026 is calculated as:

ROC % (Q: Feb. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2025 ) + Invested Capital (Q: Feb. 2026 ))/ count )
=340.936 * ( 1 - 5.9% )/( (6695.864 + 6865.465)/ 2 )
=320.820776/6780.6645
=4.73 %

where

Invested Capital(Q: Nov. 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))
=10143.831 - 4189.601 - ( 1121.03 - max(0, 8583.94 - 7842.306+1121.03))
=6695.864

Invested Capital(Q: Feb. 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))
=10361.476 - 4188.511 - ( 1792.918 - max(0, 8757.057 - 8064.557+1792.918))
=6865.465

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

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

Bunkyodo Group Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=340.636/( ( (956.768 + max(2139.496, 0)) + (965.364 + max(1673.857, 0)) )/ 2 )
=340.636/( ( 3096.264 + 2639.221 )/ 2 )
=340.636/2867.7425
=11.88 %

where Working Capital is:

Working Capital(Q: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(774.079 + 5759.442 + 187.755) - (4189.601 + 0 + 392.179)
=2139.496

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(687.895 + 5415.917 + 167.827) - (4188.511 + 0 + 409.271)
=1673.857

When net working capital is negative, 0 is used.

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

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

Bunkyodo Group Holdings Co's Operating Margin % for the quarter that ended in Feb. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=85.234/3960.79
=2.15 %

* 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.


Bunkyodo Group Holdings Co Operating Income Related Terms


Bunkyodo Group Holdings Co Operating Income Historical Data

* Premium members only.

The historical data trend for Bunkyodo Group Holdings 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.

Bunkyodo Group Holdings Co Operating Income Chart

Bunkyodo Group Holdings Co Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 365.42 52.26 73.30 31.52 -88.86

Bunkyodo Group Holdings Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 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 -19.67 -122.67 -44.50 85.23 58.11
TSE:9978
60GF Score
Bunkyodo Group Holdings Co Ltd TSE:9978
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Bunkyodo Group Holdings 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 Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-24 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-24 Mil mean?
Bunkyodo Group Holdings Co (TSE:9978) has a Operating Income of 円-24 Mil as of Feb. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Bunkyodo Group Holdings Co and its competitors.
Is Bunkyodo Group Holdings Co's Operating Income too high?
Bunkyodo Group Holdings Co's current Operating Income is 円-24 Mil. Overall, Bunkyodo Group Holdings Co has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bunkyodo Group Holdings Co's Operating Income compare to CASY and WSM?
Bunkyodo Group Holdings Co's Operating Income of 円-24 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Operating Income depends on the Retail - Cyclical 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 Bunkyodo Group Holdings Co and its competitors. Bunkyodo Group Holdings Co's current Operating Income is 円-24 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bunkyodo Group Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Bunkyodo Group Holdings Co (TSE:9978) is currently considered Fairly Valued. The stock's GF Value™ is 円48.04, compared to a current price of 円45.00 — trading 6.3% below its estimated fair value. The current Operating Income is 円-24 Mil. Bunkyodo Group Holdings Co's overall GF Score™ is 60/100 with 3 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 Bunkyodo Group Holdings Co (TSE:9978), the current Operating Income is 円-24 Mil as of Feb. 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 Bunkyodo Group Holdings Co (TSE:9978) Overvalued in 2026?

Based on GuruFocus' analysis, Bunkyodo Group Holdings Co stock appears to be undervalued. The current stock price of 円45.00 is trading 6.3% below its estimated GF Value™ of 円48.04. GuruFocus considers Bunkyodo Group Holdings Co to be Fairly Valued.

Key valuation signals for TSE:9978:

  • Operating Income: 円-24 Mil
  • GF Value™: 円48.04 vs. price of 円45.00 (6.3% below fair value)
  • GF Score™: 60/100 with 3 warning signs

No single metric tells the full story. See the TSE:9978 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bunkyodo Group Holdings Co Business Description

Address 3-1-28 Kumoto Bunkyodo Mizonokuchi Main Store 5F, Takatsu-ku, Kanagawa, Kawasaki, JPN
Bunkyodo Group Holdings Co Ltd through its subsidiaries operates a chain of bookstores directly and through franchise stores in Tokyo. It sells books, magazines, CDs and DVDs, stationery, games, and hobby goods, as well as rent video products.
60GF Score

Get the complete analysis for TSE:9978

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

円45.00
Price
円48.04
GF Value