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Morozoff (TSE:2217) Gross Margin % : 50.94% (As of Jan. 2024)


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What is Morozoff Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Morozoff's Gross Profit for the three months ended in Jan. 2024 was 円6,765 Mil. Morozoff's Revenue for the three months ended in Jan. 2024 was 円13,281 Mil. Therefore, Morozoff's Gross Margin % for the quarter that ended in Jan. 2024 was 50.94%.


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

TSE:2217' s Gross Margin % Range Over the Past 10 Years
Min: 45.72   Med: 48.56   Max: 52.15
Current: 51.47


During the past 13 years, the highest Gross Margin % of Morozoff was 52.15%. The lowest was 45.72%. And the median was 48.56%.

TSE:2217's Gross Margin % is ranked better than
86.35% of 1810 companies
in the Consumer Packaged Goods industry
Industry Median: 25.25 vs TSE:2217: 51.47

Morozoff had a gross margin of 50.94% for the quarter that ended in Jan. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Morozoff was 1.50% per year.


Morozoff Gross Margin % Historical Data

The historical data trend for Morozoff'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.

Morozoff Gross Margin % Chart

Morozoff Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.39 47.21 48.72 52.15 51.47

Morozoff Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 50.77 52.39 52.03 50.61 50.94

Competitive Comparison of Morozoff's Gross Margin %

For the Confectioners subindustry, Morozoff'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.


Morozoff's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Morozoff's Gross Margin % distribution charts can be found below:

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



Morozoff Gross Margin % Calculation

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

Morozoff's Gross Margin for the fiscal year that ended in Jan. 2024 is calculated as

Gross Margin % (A: Jan. 2024 )=Gross Profit (A: Jan. 2024 ) / Revenue (A: Jan. 2024 )
=17979 / 34933.847
=(Revenue - Cost of Goods Sold) / Revenue
=(34933.847 - 16954.864) / 34933.847
=51.47 %

Morozoff's Gross Margin for the quarter that ended in Jan. 2024 is calculated as


Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=6765.5 / 13281.093
=(Revenue - Cost of Goods Sold) / Revenue
=(13281.093 - 6515.596) / 13281.093
=50.94 %

* 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.


Morozoff  (TSE:2217) 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

Morozoff had a gross margin of 50.94% for the quarter that ended in Jan. 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.


Morozoff Gross Margin % Related Terms

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Morozoff (TSE:2217) Business Description

Traded in Other Exchanges
N/A
Address
Kobe Higashinada Koyochonishi Chome, Kobe City, JPN, 658-0033
Morozoff Ltd is a Japan-based confectionery maker. The company is mainly engaged in the production and sale of chocolates, candies, and cakes. Products offered by the company include pudding, jelly, cake, summer dessert, cookie, baked sweets, frozen sweets. It sells its products through its retail stores, coffee shops, department stores, and restaurants under the brand name Cafe Morozoff, Feuillage Chocolat, Pudding, Alpenglow, and Morozoff Grand. Morozoff has overseas stores located in Dubai, Singapore, Hong Kong, Macau, Taipei, and Shanghai.

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