Open Up Group (TSE:2154) Gross Margin %: 27.84% (As of Mar. 2026) — 24% Above Median


TSE:2154 Open Up Group Inc TSE:2154
72 GF Score
Price 円1,917.00
GF Value 円1,974.84
Valuation Fairly Valued
! 3 Warning Signs
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What is Open Up Group Gross Margin %?

Open Up Group TSE:2154 -0.05% 72 Gross Margin % is 27.84% as of Mar. 2026, which is 24% above its 10-year median of 22.45. GuruFocus rates TSE:2154 with a GF Score™ of 72/100 and a GF Value™ of 円1,974.84 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,007 Business Services companies, Open Up Group ranks worse than 62.56% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Open Up Group's Gross Profit for the three months ended in Mar. 2026 was 円11,607 Mil. Open Up Group's Revenue for the three months ended in Mar. 2026 was 円41,697 Mil. Therefore, Open Up Group's Gross Margin % for the quarter that ended in Mar. 2026 was 27.84%.


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

TSE:2154' s Gross Margin % Range Over the Past 10 Years
Min: 19.34   Med: 22.45   Max: 27.52
Current: 27.52


During the past 13 years, the highest Gross Margin % of Open Up Group was 27.52%. The lowest was 19.34%. And the median was 22.45%.

TSE:2154's Gross Margin % is ranked worse than
62.56% of 1007 companies
in the Business Services industry
Industry Median: 34.5 vs TSE:2154: 27.52

Open Up Group had a gross margin of 27.84% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Open Up Group was 6.00% per year.


Open Up Group  (TSE:2154) 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

Open Up Group had a gross margin of 27.84% for the quarter that ended in Mar. 2026 => 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.


Open Up Group Gross Margin % Related Terms


Open Up Group Gross Margin % Historical Data

* Premium members only.

The historical data trend for Open Up Group'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.

Open Up Group Gross Margin % Chart

Open Up Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.58 23.18 24.43 24.25 25.22

Open Up Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 25.36 26.83 27.09 28.28 27.84

TSE:2154 vs KFY, RHI, TNET: Gross Margin % Comparison

For the Staffing & Employment Services subindustry, Open Up Group'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.


Open Up Group Gross Margin % vs Business Services Industry

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

* The bar in red indicates where Open Up Group's Gross Margin % falls into.


TSE:2154
72GF Score
Open Up Group Inc TSE:2154
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Open Up Group Gross Margin % Calculation

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

Open Up Group's Gross Margin for the fiscal year that ended in Jun. 2025 is calculated as

Gross Margin % (A: Jun. 2025 )=Gross Profit (A: Jun. 2025 ) / Revenue (A: Jun. 2025 )
=47405 / 187954
=(Revenue - Cost of Goods Sold) / Revenue
=(187954 - 140549) / 187954
=25.22 %

Open Up Group's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=11607 / 41697
=(Revenue - Cost of Goods Sold) / Revenue
=(41697 - 30090) / 41697
=27.84 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 27.84% mean?
Open Up Group (TSE:2154) has a Gross Margin % of 27.84% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Open Up Group and its competitors. This is 24% above median its historical median of 22.45. Over the past decade, Open Up Group's Gross Margin % has ranged from 19.34 to 27.52. According to the industry distribution chart, Open Up Group ranks #630 out of 1007 companies in the Business Services industry, placing it in the top 62.6%.
Is Open Up Group's Gross Margin % too high?
Open Up Group's current Gross Margin % of 27.84% is 24% above median its 10-year median of 22.45. Over the past 10 years, this metric has ranged from a low of 19.34 to a high of 27.52. The Business Services industry median Gross Margin % is 34.50. Open Up Group's value of 27.84% is 19.3% below this industry median. Based on the distribution chart, Open Up Group ranks #630 out of 1007 companies in the Business Services industry, which is below the industry midpoint. Overall, Open Up Group has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Open Up Group's Gross Margin % compare to KFY and RHI?
According to the Business Services industry distribution chart, Open Up Group ranks #630 out of 1007 companies for Gross Margin %. This places Open Up Group in the lower half of its industry. The industry median Gross Margin % is 34.50. Open Up Group's value of 27.84% is 19.3% below this benchmark. Historically, Open Up Group's own Gross Margin % has ranged from 19.34 to 27.52 over the past decade. While the company's 10-year median is 22.45 vs. the industry median of 34.50, Open Up Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Business Services company?
The median Gross Margin % among Business Services companies is 34.50, based on 1,007 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Open Up Group's current Gross Margin % of 27.84% is 19.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Open Up Group and its competitors. For the Business Services industry, the median Gross Margin % is 34.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Open Up Group's current Gross Margin % is 27.84%, which is 24% above median its own 10-year median of 22.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Open Up Group stock overvalued right now?
Based on GuruFocus' analysis, Open Up Group (TSE:2154) is currently considered Fairly Valued. The stock's GF Value™ is 円1,974.84, compared to a current price of 円1,917.00 — trading 2.9% below its estimated fair value. The current Gross Margin % is 27.84%, which is 24% above median its 10-year median of 22.45 and 19.3% below the Business Services industry median of 34.50. Open Up Group's overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Open Up Group (TSE:2154), the current Gross Margin % is 27.84% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Open Up Group (TSE:2154) Overvalued in 2026?

Based on GuruFocus' analysis, Open Up Group stock appears to be undervalued. The current stock price of 円1,917.00 is trading 2.9% below its estimated GF Value™ of 円1,974.84. GuruFocus considers Open Up Group to be Fairly Valued.

Key valuation signals for TSE:2154:

  • Gross Margin %: 27.84% (24% above median its 10-year median of 22.45)
  • GF Value™: 円1,974.84 vs. price of 円1,917.00 (2.9% below fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 19.3% below the Business Services median (#630 of 1007)

No single metric tells the full story. See the TSE:2154 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Open Up Group Business Description

Address 2-14-1 Higashi Shimbashi, NBF Commodio Shiodome, Minato-ku, Tokyo, JPN, 105-0021
Open Up Group Inc provides human resource services and outsourcing or contracting services for manufacturing companies in Japan and overseas. The business segments of the company include: Mechatronics/IT field: it includes workers dispatching, contracting, consignment business such as development design engineers. Construction area segment includes construction management engineer business / CAD operator dispatch business for customers in construction industry. Manufacturing Area segment includes manufacturing site contracting and dispatch business for customers in manufacturing industry Temporary staffing, outsourcing and referral business for technology and manufacturing fields.
72GF Score

Get the complete analysis for TSE:2154

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,917.00
Price
円1,974.84
GF Value