Wedge Holdings Co (TSE:2388) Gross Margin %: 34.86% (As of Mar. 2026) — 58% Below Median


TSE:2388 Wedge Holdings Co Ltd TSE:2388
50 GF Score
Price 円39.00
GF Value 円84.70
Valuation Possible Value Trap
! 5 Warning Signs
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What is Wedge Holdings Co Gross Margin %?

Wedge Holdings Co TSE:2388 -9.30% 50 Gross Margin % is 34.86% as of Mar. 2026, which is 58% below its 10-year median of 82.85. GuruFocus rates TSE:2388 with a GF Score™ of 50/100 and a GF Value™ of 円84.70 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 511 Conglomerates companies, Wedge Holdings Co ranks better than 64.97% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Wedge Holdings Co's Gross Profit for the six months ended in Mar. 2026 was 円182.9 Mil. Wedge Holdings Co's Revenue for the six months ended in Mar. 2026 was 円524.9 Mil. Therefore, Wedge Holdings Co's Gross Margin % for the quarter that ended in Mar. 2026 was 34.86%.

Warning Sign:

Wedge Holdings Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -16.6%.


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

TSE:2388' s Gross Margin % Range Over the Past 10 Years
Min: 33.32   Med: 82.85   Max: 87.63
Current: 33.32


During the past 13 years, the highest Gross Margin % of Wedge Holdings Co was 87.63%. The lowest was 33.32%. And the median was 82.85%.

TSE:2388's Gross Margin % is ranked better than
64.97% of 511 companies
in the Conglomerates industry
Industry Median: 25.96 vs TSE:2388: 33.32

Wedge Holdings Co had a gross margin of 34.86% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Wedge Holdings Co was -16.60% per year.


Wedge Holdings Co  (TSE:2388) 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

Wedge Holdings Co had a gross margin of 34.86% 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.


Wedge Holdings Co Gross Margin % Related Terms


Wedge Holdings Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Wedge Holdings 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.

Wedge Holdings Co Gross Margin % Chart

Wedge Holdings Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 86.84 40.18 37.99 46.12 34.73

Wedge Holdings Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 47.76 44.44 37.97 31.28 34.86

TSE:2388 vs HON, MMM: Gross Margin % Comparison

For the Conglomerates subindustry, Wedge Holdings 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.


Wedge Holdings Co Gross Margin % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Wedge Holdings Co's Gross Margin % distribution charts can be found below:

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


TSE:2388
50GF Score
Wedge Holdings Co Ltd TSE:2388
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Wedge Holdings Co Gross Margin % Calculation

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

Wedge Holdings Co's Gross Margin for the fiscal year that ended in Sep. 2025 is calculated as

Gross Margin % (A: Sep. 2025 )=Gross Profit (A: Sep. 2025 ) / Revenue (A: Sep. 2025 )
=283.5 / 816.181
=(Revenue - Cost of Goods Sold) / Revenue
=(816.181 - 532.698) / 816.181
=34.73 %

Wedge Holdings Co'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 )
=182.9 / 524.876
=(Revenue - Cost of Goods Sold) / Revenue
=(524.876 - 341.927) / 524.876
=34.86 %

* 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 34.86% mean?
Wedge Holdings Co (TSE:2388) has a Gross Margin % of 34.86% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Wedge Holdings Co and its competitors. This is 58% below median its historical median of 82.85. Over the past decade, Wedge Holdings Co's Gross Margin % has ranged from 33.32 to 87.63. According to the industry distribution chart, Wedge Holdings Co ranks #179 out of 511 companies in the Conglomerates industry, placing it in the top 35%.
Is Wedge Holdings Co's Gross Margin % too high?
Wedge Holdings Co's current Gross Margin % of 34.86% is 58% below median its 10-year median of 82.85. Over the past 10 years, this metric has ranged from a low of 33.32 to a high of 87.63. The Conglomerates industry median Gross Margin % is 25.96. Wedge Holdings Co's value of 34.86% is 34.3% above this industry median. Based on the distribution chart, Wedge Holdings Co ranks #179 out of 511 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Wedge Holdings Co has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wedge Holdings Co's Gross Margin % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Wedge Holdings Co ranks #179 out of 511 companies for Gross Margin %. This puts Wedge Holdings Co in the upper half of its industry. The industry median Gross Margin % is 25.96. Wedge Holdings Co's value of 34.86% is 34.3% above this benchmark. Historically, Wedge Holdings Co's own Gross Margin % has ranged from 33.32 to 87.63 over the past decade. While the company's 10-year median is 82.85 vs. the industry median of 25.96, Wedge Holdings Co has consistently been above 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 Conglomerates company?
The median Gross Margin % among Conglomerates companies is 25.96, based on 511 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. Wedge Holdings Co's current Gross Margin % of 34.86% is 34.3% above 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 Wedge Holdings Co and its competitors. For the Conglomerates industry, the median Gross Margin % is 25.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wedge Holdings Co's current Gross Margin % is 34.86%, which is 58% below median its own 10-year median of 82.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wedge Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Wedge Holdings Co (TSE:2388) is currently considered Possible Value Trap. The stock's GF Value™ is 円84.70, compared to a current price of 円39.00 — trading 54% below its estimated fair value. The current Gross Margin % is 34.86%, which is 58% below median its 10-year median of 82.85 and 34.3% above the Conglomerates industry median of 25.96. Wedge Holdings Co's overall GF Score™ is 50/100 with 5 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 Wedge Holdings Co (TSE:2388), the current Gross Margin % is 34.86% 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 Wedge Holdings Co (TSE:2388) Overvalued in 2026?

Based on GuruFocus' analysis, Wedge Holdings Co stock appears to be undervalued. The current stock price of 円39.00 is trading 54% below its estimated GF Value™ of 円84.70. GuruFocus considers Wedge Holdings Co to be Possible Value Trap.

Key valuation signals for TSE:2388:

  • Gross Margin %: 34.86% (58% below median its 10-year median of 82.85)
  • GF Value™: 円84.70 vs. price of 円39.00 (54% below fair value)
  • GF Score™: 50/100 with 5 warning signs
  • Industry Position: 34.3% above the Conglomerates median (#179 of 511)

No single metric tells the full story. See the TSE:2388 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wedge Holdings Co Business Description

Address 2-36-10 Minamisuna, Koyo Building, 3rd Floor, Koto-ku, Tokyo, JPN, 136-0076
Wedge Holdings Co Ltd through its subsidiaries is engaged in two core businesses which are Digital Finance business and Contents business. Contents business includes publishing, games, music and related media through multiple business units. It also produces audio & visual contents as well as DVD and related character products. Digital Finance business composed of motorcycle leasing activities.
50GF Score

Get the complete analysis for TSE:2388

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

円39.00
Price
円84.70
GF Value