TTUUF (Tokyu Fudosan Holdings) Operating Income: $1,097 Mil (TTM As of Mar. 2026)

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TTUUF Tokyu Fudosan Holdings Corp TTUUF
80 GF Score
Price $8.36
GF Value $7.43
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Tokyu Fudosan Holdings Operating Income?

Tokyu Fudosan Holdings TTUUF 80 Operating Income is $1,097 Mil as of Mar. 2026. GuruFocus rates TTUUF with a GF Score™ of 80/100 and a GF Value™ of $7.43 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Tokyu Fudosan Holdings's Operating Income for the three months ended in Mar. 2026 was $395 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $1,097 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Tokyu Fudosan Holdings's Operating Income for the three months ended in Mar. 2026 was $395 Mil. Tokyu Fudosan Holdings's Revenue for the three months ended in Mar. 2026 was $2,608 Mil. Therefore, Tokyu Fudosan Holdings's Operating Margin % for the quarter that ended in Mar. 2026 was 15.17%.

Good Sign:

Tokyu Fudosan Holdings Corp operating margin is expanding. Margin expansion is usually a good sign.

Tokyu Fudosan Holdings's 5-Year average Growth Rate for Operating Margin % was 15.10% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tokyu Fudosan Holdings's annualized ROC % for the quarter that ended in Mar. 2026 was 5.57%. Tokyu Fudosan Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.59%.


Tokyu Fudosan Holdings  (OTCPK:TTUUF) Operating Income Explanation

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

Tokyu Fudosan Holdings'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 )
=1581.948 * ( 1 - 30.03% )/( (20324.35 + 19420.97)/ 2 )
=1106.8890156/19872.66
=5.57 %

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))
=21896.059 - 328.448 - ( 1243.261 - max(0, 3874.169 - 9454.607+1243.261))
=20324.35

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))
=21546.47 - 777.867 - ( 1347.633 - max(0, 3311.709 - 9301.884+1347.633))
=19420.97

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

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

Tokyu Fudosan Holdings'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 )
=1424.604/( ( (8699.58 + max(6536.651, 0)) + (8482.223 + max(6005.652, 0)) )/ 2 )
=1424.604/( ( 15236.231 + 14487.875 )/ 2 )
=1424.604/14862.053
=9.59 %

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)
=(348.28 + 7116.987 + 746.079) - (328.448 + 0 + 1346.247)
=6536.651

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(372.53 + 6862.783 + 718.938) - (777.867 + 0 + 1170.732)
=6005.652

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 %:

Tokyu Fudosan Holdings'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 )
=395.487/2607.89
=15.17 %

* 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.


Tokyu Fudosan Holdings Operating Income Related Terms


Tokyu Fudosan Holdings Operating Income Historical Data

* Premium members only.

The historical data trend for Tokyu Fudosan Holdings'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.

Tokyu Fudosan Holdings Operating Income Chart

Tokyu Fudosan Holdings 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 706.86 826.03 802.56 944.36 1,051.68

Tokyu Fudosan Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 355.02 285.38 252.17 164.24 395.49
TTUUF
80GF Score
Tokyu Fudosan Holdings Corp TTUUF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Tokyu Fudosan Holdings 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 $1,097 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 $1,097 Mil mean?
Tokyu Fudosan Holdings (TTUUF) has a Operating Income of $1,097 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Tokyu Fudosan Holdings and its competitors.
Is Tokyu Fudosan Holdings' Operating Income too high?
Tokyu Fudosan Holdings' current Operating Income is $1,097 Mil. Overall, Tokyu Fudosan Holdings has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyu Fudosan Holdings' Operating Income compare to competitors?
Tokyu Fudosan Holdings' Operating Income of $1,097 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Operating Income depends on the Real Estate 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 Tokyu Fudosan Holdings and its competitors. Tokyu Fudosan Holdings's current Operating Income is $1,097 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyu Fudosan Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tokyu Fudosan Holdings (TTUUF) is currently considered Modestly Overvalued. The stock's GF Value™ is $7.43, compared to a current price of $8.36 — trading 12.5% above its estimated fair value. The current Operating Income is $1,097 Mil. Tokyu Fudosan Holdings' overall GF Score™ is 80/100 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 Tokyu Fudosan Holdings (TTUUF), the current Operating Income is $1,097 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 Tokyu Fudosan Holdings (TTUUF) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyu Fudosan Holdings stock appears to be overvalued. The current stock price of $8.36 is trading 12.5% above its estimated GF Value™ of $7.43. GuruFocus considers Tokyu Fudosan Holdings to be Modestly Overvalued.

Key valuation signals for TTUUF:

  • Operating Income: $1,097 Mil
  • GF Value™: $7.43 vs. price of $8.36 (12.5% above fair value)
  • GF Score™: 80/100 with 2 warning signs

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


Tokyu Fudosan Holdings Business Description

Other Exchanges 3289:Japan
Address Shin-nanpeidai Tokyu Building, Dogenzaka 1-21-2, Shibuya-ku, Tokyo, JPN
Tokyu Fudosan Holdings Corp engages in the management and administration of a host of businesses. The business that compose Tokyu Fudosan Holdings operate in the following business segments: urban development, residential, wellness, innovation, property management, real estate agency, and tokyu hands. Altogether, the group develops, leases, and operates office buildings, commercial facilities, rental residences, and other properties. Tokyu's host of businesses also engage in management and operation of resort facilities, sports clubs, and senior housing. Businesses like the innovation segment serve as a complement and include overseas operations, custom homes, renovation, and landscaping.
80GF Score

Get the complete analysis for TTUUF

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

$8.36
Price
$7.43
GF Value