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Japan Eyewear Holdings CoTSE:5889 -1.45%15 3-Year ROIIC % is 16.86 as of Jan. 2026, which is 58% below its 10-year median of 40.17. GuruFocus rates TSE:5889 with a GF Score™ of 15/100. The stock has 6 warning signs investors should review. Among 795 Medical Devices & Instruments companies, Japan Eyewear Holdings Co ranks better than 67.67% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Japan Eyewear Holdings Co's 3-Year ROIIC % for the quarter that ended in Jan. 2026 was 16.86%. 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 3-Year ROIIC % or its related term are showing as below:
TSE:5889's 3-Year ROIIC % is ranked better than 67.67% of 795
companies
in the Medical Devices & Instruments industry
Industry Median: 1.47
vs TSE:5889: 16.86
Japan Eyewear Holdings Co (TSE:5889) 3-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 3-Year ROIIC % Related Terms
Japan Eyewear Holdings Co 3-Year ROIIC % Historical Data
* 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.
TSE:5889 vs ISRG, BDX, MDLN: 3-Year ROIIC % Comparison
For the Medical Instruments & Supplies subindustry, Japan Eyewear Holdings Co's 3-Year ROIIC %, along with its competitors' market caps and 3-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 3-Year ROIIC % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Japan Eyewear Holdings Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Japan Eyewear Holdings Co's 3-Year ROIIC % falls into.
Japan Eyewear Holdings Co 3-Year ROIIC % Calculation
Japan Eyewear Holdings Co's 3-Year ROIIC % for the quarter that ended in Jan. 2026 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 4007.8696 (Jan. 2026) - 1010.1672 (Jan. 2023) )
/
( 47377 (Jan. 2026) - 29599 (Jan. 2023) )
=
2997.7024
/
17778
=
16.86%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-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) has a 3-Year ROIIC % of 16.86 as of Jan. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Japan Eyewear Holdings Co and its competitors. This is 58% below median its historical median of 40.17. Over the past decade, Japan Eyewear Holdings Co's 3-Year ROIIC % has ranged from 16.86 to 63.48. According to the industry distribution chart, Japan Eyewear Holdings Co ranks #257 out of 795 companies in the Medical Devices & Instruments industry, placing it in the top 32.3%.
Is Japan Eyewear Holdings Co's 3-Year ROIIC % too high?
Japan Eyewear Holdings Co's current 3-Year ROIIC % of 16.86 is 58% below median its 10-year median of 40.17. Over the past 10 years, this metric has ranged from a low of 16.86 to a high of 63.48. The Medical Devices & Instruments industry median 3-Year ROIIC % is 1.47. Japan Eyewear Holdings Co's value of 16.86 is 1046.9% above this industry median. Based on the distribution chart, Japan Eyewear Holdings Co ranks #257 out of 795 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Japan Eyewear Holdings Co has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Japan Eyewear Holdings Co's 3-Year ROIIC % compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Japan Eyewear Holdings Co ranks #257 out of 795 companies for 3-Year ROIIC %. This puts Japan Eyewear Holdings Co in the upper half of its industry. The industry median 3-Year ROIIC % is 1.47. Japan Eyewear Holdings Co's value of 16.86 is 1046.9% above this benchmark. Historically, Japan Eyewear Holdings Co's own 3-Year ROIIC % has ranged from 16.86 to 63.48 over the past decade. While the company's 10-year median is 40.17 vs. the industry median of 1.47, Japan Eyewear Holdings Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Medical Devices & Instruments company?
The median 3-Year ROIIC % among Medical Devices & Instruments companies is 1.47, based on 795 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Japan Eyewear Holdings Co's current 3-Year ROIIC % of 16.86 is 1046.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Japan Eyewear Holdings Co and its competitors. For the Medical Devices & Instruments industry, the median 3-Year ROIIC % is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Eyewear Holdings Co's current 3-Year ROIIC % is 16.86, which is 58% below median its own 10-year median of 40.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Eyewear Holdings Co stock overvalued right now?
Japan Eyewear Holdings Co (TSE:5889) has a current 3-Year ROIIC % of 16.86. The current 3-Year ROIIC % is 16.86, which is 58% below median its 10-year median of 40.17 and 1046.9% above the Medical Devices & Instruments industry median of 1.47. Japan Eyewear Holdings Co's overall GF Score™ is 15/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Japan Eyewear Holdings Co (TSE:5889), the current 3-Year ROIIC % is 16.86 as of Jan. 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.
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