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Mitsubishi Shokuhin Co (TSE:7451) EBIT : 円32,478 Mil (TTM As of Dec. 2023)


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What is Mitsubishi Shokuhin Co EBIT?

Mitsubishi Shokuhin Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was 円11,687 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was 円32,478 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mitsubishi Shokuhin Co's annualized ROC % for the quarter that ended in Dec. 2023 was 10.02%. Mitsubishi Shokuhin Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 57.19%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mitsubishi Shokuhin Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 14.08%.


Mitsubishi Shokuhin Co EBIT Historical Data

The historical data trend for Mitsubishi Shokuhin Co'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.

Mitsubishi Shokuhin Co EBIT Chart

Mitsubishi Shokuhin Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17,120.00 16,849.00 20,337.00 25,124.00 32,478.00

Mitsubishi Shokuhin Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4,220.00 6,636.00 8,243.00 11,687.00 5,912.00

Competitive Comparison of Mitsubishi Shokuhin Co's EBIT

For the Food Distribution subindustry, Mitsubishi Shokuhin Co'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.


Mitsubishi Shokuhin Co's EV-to-EBIT Distribution in the Retail - Defensive Industry

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

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



Mitsubishi Shokuhin Co 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円32,478 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.


Mitsubishi Shokuhin Co  (TSE:7451) EBIT Explanation

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

Mitsubishi Shokuhin Co's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=41700 * ( 1 - 29.12% )/( (292593 + 297099)/ 2 )
=29556.96/294846
=10.02 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Mitsubishi Shokuhin Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=46748/( ( (82264 + max(-42829, 0)) + (81207 + max(-32614, 0)) )/ 2 )
=46748/( ( 82264 + 81207 )/ 2 )
=46748/81735.5
=57.19 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(397491 + 81588 + 72073) - (525236 + 0 + 68745)
=-42829

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(433464 + 101062 + 74003) - (571677 + 0 + 69466)
=-32614

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Mitsubishi Shokuhin Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=32478/230744.984
=14.08 %

* 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.


Mitsubishi Shokuhin Co EBIT Related Terms

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Mitsubishi Shokuhin Co (TSE:7451) Business Description

Traded in Other Exchanges
N/A
Address
6-1-1 Heiwajima, Ota-ku, Tokyo, JPN, 1436556
Mitsubishi Shokuhin Co Ltd is a Japan-based company engaged in the food and beverage business. The company offers processed foods, frozen and chilled foods, alcoholic beverages and confectioneries at wholesale prices. Its product portfolio includes seasoning products, noodles, dry goods, alcoholic and non-alcoholic beverages, frozen foods, confectionery. It also operates in the real estate management and logistics business. The majority of the revenues are derived from the processed foods business and frozen and chilled foods business.

Mitsubishi Shokuhin Co (TSE:7451) Headlines

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