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Kinjiro Co (TSE:4013) Gross Margin % : 58.07% (As of Mar. 2024)


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What is Kinjiro Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Kinjiro Co's Gross Profit for the three months ended in Mar. 2024 was 円580 Mil. Kinjiro Co's Revenue for the three months ended in Mar. 2024 was 円998 Mil. Therefore, Kinjiro Co's Gross Margin % for the quarter that ended in Mar. 2024 was 58.07%.


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

TSE:4013' s Gross Margin % Range Over the Past 10 Years
Min: 61.05   Med: 64.08   Max: 68
Current: 61.45


During the past 6 years, the highest Gross Margin % of Kinjiro Co was 68.00%. The lowest was 61.05%. And the median was 64.08%.

TSE:4013's Gross Margin % is ranked better than
69.3% of 2635 companies
in the Software industry
Industry Median: 41.84 vs TSE:4013: 61.45

Kinjiro Co had a gross margin of 58.07% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Kinjiro Co was 0.30% per year.


Kinjiro Co Gross Margin % Historical Data

The historical data trend for Kinjiro 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.

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Kinjiro Co Gross Margin % Chart

Kinjiro Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 64.65 66.12 61.05 68.00 63.51

Kinjiro Co Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 66.32 65.04 62.55 60.28 58.07

Competitive Comparison of Kinjiro Co's Gross Margin %

For the Software - Application subindustry, Kinjiro 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.


Kinjiro Co's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Kinjiro Co's Gross Margin % distribution charts can be found below:

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



Kinjiro Co Gross Margin % Calculation

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

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

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=2491.8 / 3923.34
=(Revenue - Cost of Goods Sold) / Revenue
=(3923.34 - 1431.553) / 3923.34
=63.51 %

Kinjiro Co's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=579.7 / 998.302
=(Revenue - Cost of Goods Sold) / Revenue
=(998.302 - 418.596) / 998.302
=58.07 %

* 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.


Kinjiro Co  (TSE:4013) 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

Kinjiro Co had a gross margin of 58.07% for the quarter that ended in Mar. 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.


Kinjiro Co Gross Margin % Related Terms

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Kinjiro Co (TSE:4013) Business Description

Traded in Other Exchanges
N/A
Address
4-14-1 Sotokanda, Chiyoda-ku, Tokyo, JPN, 101-0021
Kinjiro Co Ltd, formerly Nittsusystem Co Ltd is engaged in provision of cloud-based and on-premises unified ERP services for Human Resource Management solutions. The company develops and sells ERP packages centered on work; provides ASP/SaaS services; Health x Life Development and sales of portal system; develops and sells of labor cost management system; hardware such as work terminals; and provides consulting to system construction and support. Its products include Kujiro Enterprise series; Work solutions, HR solutions, Payroll solutions, Healthcare solutions, Labor cost management system; and Employment information terminal.

Kinjiro Co (TSE:4013) Headlines

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