Nissin Shoji Co (TSE:7490) Gross Margin % : 19.43% (As of Dec. 2023)

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What is Nissin Shoji Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Nissin Shoji Co's Gross Profit for the three months ended in Dec. 2023 was 円1,993 Mil. Nissin Shoji Co's Revenue for the three months ended in Dec. 2023 was 円10,260 Mil. Therefore, Nissin Shoji Co's Gross Margin % for the quarter that ended in Dec. 2023 was 19.43%.

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

TSE:7490' s Gross Margin % Range Over the Past 10 Years
Min: 8.5 Med: 11.36 Max: 20.05
Current: 18.87

During the past 13 years, the highest Gross Margin % of Nissin Shoji Co was 20.05%. The lowest was 8.50%. And the median was 11.36%.

TSE:7490's Gross Margin % is ranked worse than
65.98% of 482 companies
in the Conglomerates industry
Industry Median: 24.855 vs TSE:7490: 18.87

Nissin Shoji Co had a gross margin of 19.43% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Nissin Shoji Co was 14.70% per year.

Nissin Shoji Co Gross Margin % Historical Data

The historical data trend for Nissin Shoji 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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Nissin Shoji Co Gross Margin % Chart

Nissin Shoji Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

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11.01

12.01

14.42

20.05

19.29

Nissin Shoji 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															19.25	18.79	19.29	18.06	19.43

Competitive Comparison of Nissin Shoji Co's Gross Margin %

For the Conglomerates subindustry, Nissin Shoji 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.

Nissin Shoji Co's Gross Margin % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nissin Shoji Co's Gross Margin % distribution charts can be found below:

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

Nissin Shoji Co Gross Margin % Calculation

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

Nissin Shoji 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 )
	=	7502.1	/	38897.187
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(38897.187 - 31395.04)	/	38897.187
	=	19.29 %

Nissin Shoji 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 )
	=	1993.3	/	10260.221
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(10260.221 - 8266.915)	/	10260.221
	=	19.43 %

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.

Nissin Shoji Co (TSE:7490) 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

Nissin Shoji Co had a gross margin of 19.43% for the quarter that ended in Dec. 2023 => No sustainable 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.

Nissin Shoji Co Gross Margin % Related Terms

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Nissin Shoji Co (TSE:7490) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Nissin Shoji Co Ltd (TSE:7490) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-12-3 Shibaura, Minato-ku, 4th Foor, Daiwa Shibaura Building, Tokyo, JPN, 105-0023

Website

https://www.nissin-shoji.co.jp

Nissin Shoji Co Ltd is engaged in the sale of general petroleum products, petrochemical products, synthetic resin products, liquefied petroleum gas, and by-products. The company is also involved in real estate rental business, eating and drinking business, leasing of automobiles and automobile supplies, manufacture and sale of beverages, manufacture, and sale of agricultural materials, agency business related to telecommunications equipment sales and telecommunications service, and other business-related to power generation and power distribution.

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