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Nagase Brothers (TSE:9733) Gross Margin % : 32.01% (As of Dec. 2023)


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What is Nagase Brothers Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Nagase Brothers's Gross Profit for the three months ended in Dec. 2023 was 円4,541 Mil. Nagase Brothers's Revenue for the three months ended in Dec. 2023 was 円14,184 Mil. Therefore, Nagase Brothers's Gross Margin % for the quarter that ended in Dec. 2023 was 32.01%.


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

TSE:9733' s Gross Margin % Range Over the Past 10 Years
Min: 26.94   Med: 32.28   Max: 35.22
Current: 26.94


During the past 13 years, the highest Gross Margin % of Nagase Brothers was 35.22%. The lowest was 26.94%. And the median was 32.28%.

TSE:9733's Gross Margin % is ranked worse than
85.54% of 249 companies
in the Education industry
Industry Median: 47.9 vs TSE:9733: 26.94

Nagase Brothers had a gross margin of 32.01% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Nagase Brothers was -0.80% per year.


Nagase Brothers Gross Margin % Historical Data

The historical data trend for Nagase Brothers'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.

Nagase Brothers Gross Margin % Chart

Nagase Brothers 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 29.63 30.49 33.27 31.46 28.66

Nagase Brothers 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 34.20 23.48 22.39 29.04 32.01

Competitive Comparison of Nagase Brothers's Gross Margin %

For the Education & Training Services subindustry, Nagase Brothers'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.


Nagase Brothers's Gross Margin % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Nagase Brothers's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Nagase Brothers's Gross Margin % falls into.



Nagase Brothers Gross Margin % Calculation

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

Nagase Brothers'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 )
=15005 / 52354
=(Revenue - Cost of Goods Sold) / Revenue
=(52354 - 37349) / 52354
=28.66 %

Nagase Brothers'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 )
=4541 / 14184
=(Revenue - Cost of Goods Sold) / Revenue
=(14184 - 9643) / 14184
=32.01 %

* 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.


Nagase Brothers  (TSE:9733) 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

Nagase Brothers had a gross margin of 32.01% 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.


Nagase Brothers Gross Margin % Related Terms

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Nagase Brothers (TSE:9733) Business Description

Traded in Other Exchanges
N/A
Address
1-29-2 Kichijojiminami, Musashino-shi, Tokyo, JPN
Nagase Brothers Inc operates cram schools. It offers educational services for elementary, junior high, and high school students. It also has business schools, elementary schools, and swimming schools; and offers entrance examination services, as well as publishes reference books.

Nagase Brothers (TSE:9733) Headlines

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