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Kaneko Seeds Co (TSE:1376) Gross Margin % : 14.65% (As of May. 2024)


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What is Kaneko Seeds Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Kaneko Seeds Co's Gross Profit for the three months ended in May. 2024 was 円3,402 Mil. Kaneko Seeds Co's Revenue for the three months ended in May. 2024 was 円23,224 Mil. Therefore, Kaneko Seeds Co's Gross Margin % for the quarter that ended in May. 2024 was 14.65%.


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

TSE:1376' s Gross Margin % Range Over the Past 10 Years
Min: 15.29   Med: 15.64   Max: 16
Current: 15.35


During the past 13 years, the highest Gross Margin % of Kaneko Seeds Co was 16.00%. The lowest was 15.29%. And the median was 15.64%.

TSE:1376's Gross Margin % is ranked worse than
65.57% of 244 companies
in the Agriculture industry
Industry Median: 22.095 vs TSE:1376: 15.35

Kaneko Seeds Co had a gross margin of 14.65% for the quarter that ended in May. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Kaneko Seeds Co was -0.80% per year.


Kaneko Seeds Co Gross Margin % Historical Data

The historical data trend for Kaneko Seeds 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.

Kaneko Seeds Co Gross Margin % Chart

Kaneko Seeds Co Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.70 15.51 15.63 15.29 15.35

Kaneko Seeds Co Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 14.95 16.36 15.63 15.26 14.65

Competitive Comparison of Kaneko Seeds Co's Gross Margin %

For the Agricultural Inputs subindustry, Kaneko Seeds 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.


Kaneko Seeds Co's Gross Margin % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Kaneko Seeds Co's Gross Margin % distribution charts can be found below:

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



Kaneko Seeds Co Gross Margin % Calculation

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

Kaneko Seeds Co's Gross Margin for the fiscal year that ended in May. 2024 is calculated as

Gross Margin % (A: May. 2024 )=Gross Profit (A: May. 2024 ) / Revenue (A: May. 2024 )
=9456.8 / 61598.847
=(Revenue - Cost of Goods Sold) / Revenue
=(61598.847 - 52142.06) / 61598.847
=15.35 %

Kaneko Seeds Co's Gross Margin for the quarter that ended in May. 2024 is calculated as


Gross Margin % (Q: May. 2024 )=Gross Profit (Q: May. 2024 ) / Revenue (Q: May. 2024 )
=3402.5 / 23224.278
=(Revenue - Cost of Goods Sold) / Revenue
=(23224.278 - 19821.803) / 23224.278
=14.65 %

* 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.


Kaneko Seeds Co  (TSE:1376) 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

Kaneko Seeds Co had a gross margin of 14.65% for the quarter that ended in May. 2024 => 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.


Kaneko Seeds Co Gross Margin % Related Terms

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


Kaneko Seeds Co Business Description

Traded in Other Exchanges
N/A
Address
50-12 Furuichi-machi 1-chome, Gunma prefecture, Maebashi-shi, JPN, 371-8503
Kaneko Seeds Co Ltd is engaged in agribusiness. It has two product categories: vegetables and flowers. Its products include vegetables, flower seeds, and garden supplies. In addition, the company sells greenhouse materials; develops hydroponic systems; and designs and constructs parks, among others. It operates in Japan, the Philippines, Thailand, and Turkey.

Kaneko Seeds Co Headlines

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