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Japan Eyewear Holdings Co (TSE:5889) 1-Year ROIIC % : 57.41% (As of Jul. 2024)


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What is Japan Eyewear Holdings Co 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Japan Eyewear Holdings Co's 1-Year ROIIC % for the quarter that ended in Jul. 2024 was 57.41%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Japan Eyewear Holdings Co's 1-Year ROIIC % or its related term are showing as below:

TSE:5889's 1-Year ROIIC % is ranked better than
74.97% of 823 companies
in the Medical Devices & Instruments industry
Industry Median: 1.81 vs TSE:5889: 57.41

Japan Eyewear Holdings Co 1-Year ROIIC % Historical Data

The historical data trend for Japan Eyewear Holdings Co's 1-Year ROIIC % 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.

* Premium members only.

Japan Eyewear Holdings Co 1-Year ROIIC % Chart

Japan Eyewear Holdings Co Annual Data
Trend Jan21 Jan22 Jan23 Jan24
1-Year ROIIC %
- - 65.70 165.28

Japan Eyewear Holdings Co Quarterly Data
Jan22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
1-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 165.28 - 57.41

Competitive Comparison of Japan Eyewear Holdings Co's 1-Year ROIIC %

For the Medical Instruments & Supplies subindustry, Japan Eyewear Holdings Co's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Japan Eyewear Holdings Co's 1-Year ROIIC % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Japan Eyewear Holdings Co's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Japan Eyewear Holdings Co's 1-Year ROIIC % falls into.



Japan Eyewear Holdings Co 1-Year ROIIC % Calculation

Japan Eyewear Holdings Co's 1-Year ROIIC % for the quarter that ended in Jul. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 3338.8596 (Jul. 2024) - 1752.1409 (Jul. 2023) )/( 32232 (Jul. 2024) - 29468 (Jul. 2023) )
=1586.7187/2764
=57.41%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Japan Eyewear Holdings Co  (TSE:5889) 1-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Japan Eyewear Holdings Co 1-Year ROIIC % Related Terms

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Japan Eyewear Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
712-2 Yoshiecho, Fukui Prefecture, Sabae, JPN, 916-0001
Japan Eyewear Holdings Co Ltd is engaged in the planning, design, manufacturing, retail and wholesale of Eyewear.

Japan Eyewear Holdings Co Headlines

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