GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » IKK Holdings Inc (TSE:2198) » Definitions » Gross Margin %

IKK Holdings (TSE:2198) Gross Margin % : 58.99% (As of Jan. 2024)


View and export this data going back to 2012. Start your Free Trial

What is IKK Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. IKK Holdings's Gross Profit for the three months ended in Jan. 2024 was 円3,042 Mil. IKK Holdings's Revenue for the three months ended in Jan. 2024 was 円5,157 Mil. Therefore, IKK Holdings's Gross Margin % for the quarter that ended in Jan. 2024 was 58.99%.


The historical rank and industry rank for IKK Holdings's Gross Margin % or its related term are showing as below:

TSE:2198' s Gross Margin % Range Over the Past 10 Years
Min: 48.45   Med: 55.05   Max: 58.98
Current: 58.87


During the past 13 years, the highest Gross Margin % of IKK Holdings was 58.98%. The lowest was 48.45%. And the median was 55.05%.

TSE:2198's Gross Margin % is ranked better than
65.69% of 102 companies
in the Personal Services industry
Industry Median: 45.165 vs TSE:2198: 58.87

IKK Holdings had a gross margin of 58.99% for the quarter that ended in Jan. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for IKK Holdings was 1.90% per year.


IKK Holdings Gross Margin % Historical Data

The historical data trend for IKK Holdings's Gross Margin % 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.

IKK Holdings Gross Margin % Chart

IKK Holdings Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.53 48.45 56.14 58.98 58.61

IKK Holdings Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Gross Margin % 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 57.79 57.13 58.66 60.37 58.99

Competitive Comparison of IKK Holdings's Gross Margin %

For the Personal Services subindustry, IKK Holdings's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


IKK Holdings's Gross Margin % Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, IKK Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where IKK Holdings's Gross Margin % falls into.



IKK Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

IKK Holdings's Gross Margin for the fiscal year that ended in Oct. 2023 is calculated as

Gross Margin % (A: Oct. 2023 )=Gross Profit (A: Oct. 2023 ) / Revenue (A: Oct. 2023 )
=12887.4 / 21990.121
=(Revenue - Cost of Goods Sold) / Revenue
=(21990.121 - 9102.767) / 21990.121
=58.61 %

IKK Holdings's Gross Margin for the quarter that ended in Jan. 2024 is calculated as


Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=3041.6 / 5156.503
=(Revenue - Cost of Goods Sold) / Revenue
=(5156.503 - 2114.937) / 5156.503
=58.99 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


IKK Holdings  (TSE:2198) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

IKK Holdings had a gross margin of 58.99% for the quarter that ended in Jan. 2024 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


IKK Holdings Gross Margin % Related Terms

Thank you for viewing the detailed overview of IKK Holdings's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


IKK Holdings (TSE:2198) Business Description

Traded in Other Exchanges
N/A
Address
3-6-5 Katamine Kasuyagun Shimemachi, Fukuoka, JPN, 811-2245
IKK Holdings Inc is engaged wedding planning business. The company plans and manages wedding ceremonies and wedding receptions.

IKK Holdings (TSE:2198) Headlines

No Headlines