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Kakiyasu Honten Co (TSE:2294) Gross Margin % : 53.57% (As of Jan. 2024)


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What is Kakiyasu Honten Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Kakiyasu Honten Co's Gross Profit for the three months ended in Jan. 2024 was 円6,010 Mil. Kakiyasu Honten Co's Revenue for the three months ended in Jan. 2024 was 円11,218 Mil. Therefore, Kakiyasu Honten Co's Gross Margin % for the quarter that ended in Jan. 2024 was 53.57%.


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

TSE:2294' s Gross Margin % Range Over the Past 10 Years
Min: 45.93   Med: 48.66   Max: 53.24
Current: 53.24


During the past 13 years, the highest Gross Margin % of Kakiyasu Honten Co was 53.24%. The lowest was 45.93%. And the median was 48.66%.

TSE:2294's Gross Margin % is ranked better than
93.79% of 306 companies
in the Retail - Defensive industry
Industry Median: 22.795 vs TSE:2294: 53.24

Kakiyasu Honten Co had a gross margin of 53.57% for the quarter that ended in Jan. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Kakiyasu Honten Co was 1.10% per year.


Kakiyasu Honten Co Gross Margin % Historical Data

The historical data trend for Kakiyasu Honten 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.

Kakiyasu Honten Co Gross Margin % Chart

Kakiyasu Honten Co Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.17 49.44 49.21 49.40 51.97

Kakiyasu Honten Co Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 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 52.86 52.57 53.24 53.68 53.57

Competitive Comparison of Kakiyasu Honten Co's Gross Margin %

For the Food Distribution subindustry, Kakiyasu Honten 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.


Kakiyasu Honten Co's Gross Margin % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Kakiyasu Honten Co's Gross Margin % distribution charts can be found below:

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



Kakiyasu Honten Co Gross Margin % Calculation

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

Kakiyasu Honten Co's Gross Margin for the fiscal year that ended in Feb. 2022 is calculated as

Gross Margin % (A: Feb. 2022 )=Gross Profit (A: Feb. 2022 ) / Revenue (A: Feb. 2022 )
=19749 / 37998
=(Revenue - Cost of Goods Sold) / Revenue
=(37998 - 18249) / 37998
=51.97 %

Kakiyasu Honten Co'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 )
=6010 / 11218
=(Revenue - Cost of Goods Sold) / Revenue
=(11218 - 5208) / 11218
=53.57 %

* 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.


Kakiyasu Honten Co  (TSE:2294) 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

Kakiyasu Honten Co had a gross margin of 53.57% 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.


Kakiyasu Honten Co Gross Margin % Related Terms

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Kakiyasu Honten Co (TSE:2294) Business Description

Traded in Other Exchanges
N/A
Address
8 Yoshinomaru, Mie Prefecture, Kuwana, JPN, 511-8555
Kakiyasu Honten Co Ltd operates the restaurant and food business in Japan. It operates in four divisions: Food, Delicatessen, Restaurant, and Fresh Meat. It is engaged in the manufacturing and sale of dressed meat, prepared food, Shigure-cooking food (food boiled in soy sauce) and Japanese confectionery, as well as the operation of restaurants.

Kakiyasu Honten Co (TSE:2294) Headlines

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