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Takamiya Co (TSE:2445) Gross Margin % : 34.54% (As of Dec. 2023)


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What is Takamiya Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Takamiya Co's Gross Profit for the three months ended in Dec. 2023 was 円3,935 Mil. Takamiya Co's Revenue for the three months ended in Dec. 2023 was 円11,391 Mil. Therefore, Takamiya Co's Gross Margin % for the quarter that ended in Dec. 2023 was 34.54%.


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

TSE:2445' s Gross Margin % Range Over the Past 10 Years
Min: 28.09   Med: 29.97   Max: 32.87
Current: 31.92


During the past 13 years, the highest Gross Margin % of Takamiya Co was 32.87%. The lowest was 28.09%. And the median was 29.97%.

TSE:2445's Gross Margin % is ranked worse than
53.44% of 988 companies
in the Business Services industry
Industry Median: 34.34 vs TSE:2445: 31.92

Takamiya Co had a gross margin of 34.54% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Takamiya Co was 0.20% per year.


Takamiya Co Gross Margin % Historical Data

The historical data trend for Takamiya Co'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.

Takamiya Co Gross Margin % Chart

Takamiya Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.76 30.42 28.33 28.09 30.04

Takamiya Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 31.25 29.39 30.78 32.80 34.54

Competitive Comparison of Takamiya Co's Gross Margin %

For the Rental & Leasing Services subindustry, Takamiya Co'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.


Takamiya Co's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Takamiya Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Takamiya Co's Gross Margin % falls into.



Takamiya Co Gross Margin % Calculation

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

Takamiya Co's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=12587 / 41894
=(Revenue - Cost of Goods Sold) / Revenue
=(41894 - 29307) / 41894
=30.04 %

Takamiya Co's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=3935 / 11391
=(Revenue - Cost of Goods Sold) / Revenue
=(11391 - 7456) / 11391
=34.54 %

* 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.


Takamiya Co  (TSE:2445) 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

Takamiya Co had a gross margin of 34.54% for the quarter that ended in Dec. 2023 => Competition eroding margins


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.


Takamiya Co Gross Margin % Related Terms

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Takamiya Co (TSE:2445) Business Description

Traded in Other Exchanges
N/A
Address
Grand Front Osaka, Tower-B Building, 27th Floor, 3-1, Ofuka-cho, Kita-ku, Osaka, JPN, 530-0011
Takamiya Co Ltd is a Japan based company engaged in the sale and rental of temporary machinery and materials for construction use. It offers clamps, standing bears, power frames, safety walks, freely domes, lift climbers, and tiger dams, as well as V-max, YT lock, and Iq systems.

Takamiya Co (TSE:2445) Headlines

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