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Lawson (TSE:2651) EBIT : 円86,777 Mil (TTM As of Feb. 2024)


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What is Lawson EBIT?

Lawson's earnings before interest and taxes (EBIT) for the three months ended in Feb. 2024 was 円11,785 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2024 was 円86,777 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lawson's annualized ROC % for the quarter that ended in Feb. 2024 was 1.26%. Lawson's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 3.75%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lawson's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 5.39%.


Lawson EBIT Historical Data

The historical data trend for Lawson's EBIT 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.

Lawson EBIT Chart

Lawson Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34,325.00 21,908.00 41,928.00 56,292.00 86,780.00

Lawson Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
EBIT 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 1,998.00 26,493.00 26,203.00 22,296.00 11,785.00

Competitive Comparison of Lawson's EBIT

For the Discount Stores subindustry, Lawson's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Lawson's EV-to-EBIT Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Lawson's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Lawson's EV-to-EBIT falls into.



Lawson EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円86,777 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.


Lawson  (TSE:2651) EBIT Explanation

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

Lawson's annualized ROC % for the quarter that ended in Feb. 2024 is calculated as:

ROC % (Q: Feb. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2023 ) + Invested Capital (Q: Feb. 2024 ))/ count )
=43264 * ( 1 - 32.75% )/( (2294915 + 2320399)/ 2 )
=29095.04/2307657
=1.26 %

where

Note: The Operating Income data used here is four times the quarterly (Feb. 2024) data.

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

Lawson's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2023  Q: Feb. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=47140/( ( (1261422 + max(-623182, 0)) + (1251339 + max(-637817, 0)) )/ 2 )
=47140/( ( 1261422 + 1251339 )/ 2 )
=47140/1256380.5
=3.75 %

where Working Capital is:

Working Capital(Q: Nov. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(239187 + 32494 + 21373) - (270033 + 0 + 646203)
=-623182

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(234295 + 29176 + 19054) - (272423 + 0 + 647919)
=-637817

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Feb. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Lawson's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2024 )
=86777/1608516.641
=5.39 %

* 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.


Lawson EBIT Related Terms

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Lawson (TSE:2651) Business Description

Traded in Other Exchanges
Address
East Tower, Gate City Osaki, 11-2, Osaki 1-chome, Shinagawa-ku, Tokyo, JPN, 141-8643
Lawson is the third-largest convenience-store operator in Japan with more than 14,500 stores domestically, and more than 3,400 stores overseas with more than 90% of stores located in China. Convenience-store operations inclusive of franchise fees represent about 55% of group operating revenue and 75% of operating profits. Other activities include Seijo Ishii (an upscale food-store chain with 163 stores in Japan as of November 2020) and entertainment businesses comprising cinema operations with 43 theaters, the HMV music store chain, and Lawson HMV ticketing services.

Lawson (TSE:2651) Headlines

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