Nisshin Oillio Group (TSE:2602) Gross Margin %: 13.36% (As of Mar. 2026) — 11% Below Median

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TSE:2602 Nisshin Oillio Group Ltd TSE:2602
69 GF Score
Price 円1,943.00
GF Value 円1,828.32
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Nisshin Oillio Group Gross Margin %?

Nisshin Oillio Group TSE:2602 +2.05% 69 Gross Margin % is 13.36% as of Mar. 2026, which is 11% below its 10-year median of 15.06. GuruFocus rates TSE:2602 with a GF Score™ of 69/100 and a GF Value™ of 円1,828.32 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,909 Consumer Packaged Goods companies, Nisshin Oillio Group ranks worse than 78.63% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Nisshin Oillio Group's Gross Profit for the three months ended in Mar. 2026 was 円18,338 Mil. Nisshin Oillio Group's Revenue for the three months ended in Mar. 2026 was 円137,286 Mil. Therefore, Nisshin Oillio Group's Gross Margin % for the quarter that ended in Mar. 2026 was 13.36%.

Warning Sign:

Nisshin Oillio Group Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.9%.


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

TSE:2602' s Gross Margin % Range Over the Past 10 Years
Min: 11.79   Med: 15.06   Max: 18.45
Current: 13.49


During the past 13 years, the highest Gross Margin % of Nisshin Oillio Group was 18.45%. The lowest was 11.79%. And the median was 15.06%.

TSE:2602's Gross Margin % is ranked worse than
78.63% of 1909 companies
in the Consumer Packaged Goods industry
Industry Median: 26.35 vs TSE:2602: 13.49

Nisshin Oillio Group had a gross margin of 13.36% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Nisshin Oillio Group was -2.90% per year.


Nisshin Oillio Group  (TSE:2602) 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

Nisshin Oillio Group had a gross margin of 13.36% for the quarter that ended in Mar. 2026 => 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.


Nisshin Oillio Group Gross Margin % Related Terms


Nisshin Oillio Group Gross Margin % Historical Data

* Premium members only.

The historical data trend for Nisshin Oillio 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.

Nisshin Oillio Group Gross Margin % Chart

Nisshin Oillio Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.17 11.79 14.47 14.09 13.49

Nisshin Oillio 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 12.69 13.66 12.63 14.27 13.36

TSE:2602 vs KHC, GIS: Gross Margin % Comparison

For the Packaged Foods subindustry, Nisshin Oillio 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.


Nisshin Oillio Group Gross Margin % vs Consumer Packaged Goods Industry

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

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


TSE:2602
69GF Score
Nisshin Oillio Group Ltd TSE:2602
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nisshin Oillio Group Gross Margin % Calculation

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

Nisshin Oillio Group's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=74788 / 554251
=(Revenue - Cost of Goods Sold) / Revenue
=(554251 - 479463) / 554251
=13.49 %

Nisshin Oillio 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 )
=18338 / 137286
=(Revenue - Cost of Goods Sold) / Revenue
=(137286 - 118948) / 137286
=13.36 %

* 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 13.36% mean?
Nisshin Oillio Group (TSE:2602) has a Gross Margin % of 13.36% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Nisshin Oillio Group and its competitors. This is 11% below median its historical median of 15.06. Over the past decade, Nisshin Oillio Group's Gross Margin % has ranged from 11.79 to 18.45. According to the industry distribution chart, Nisshin Oillio Group ranks #1501 out of 1909 companies in the Consumer Packaged Goods industry, placing it in the top 78.6%.
Is Nisshin Oillio Group's Gross Margin % too high?
Nisshin Oillio Group's current Gross Margin % of 13.36% is 11% below median its 10-year median of 15.06. Over the past 10 years, this metric has ranged from a low of 11.79 to a high of 18.45. The Consumer Packaged Goods industry median Gross Margin % is 26.35. Nisshin Oillio Group's value of 13.36% is 49.3% below this industry median. Based on the distribution chart, Nisshin Oillio Group ranks #1501 out of 1909 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Nisshin Oillio Group has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nisshin Oillio Group's Gross Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Nisshin Oillio Group ranks #1501 out of 1909 companies for Gross Margin %. This places Nisshin Oillio Group in the lower half of its industry. The industry median Gross Margin % is 26.35. Nisshin Oillio Group's value of 13.36% is 49.3% below this benchmark. Historically, Nisshin Oillio Group's own Gross Margin % has ranged from 11.79 to 18.45 over the past decade. While the company's 10-year median is 15.06 vs. the industry median of 26.35, Nisshin Oillio 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.35, based on 1,909 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. Nisshin Oillio Group's current Gross Margin % of 13.36% is 49.3% 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 Nisshin Oillio Group and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nisshin Oillio Group's current Gross Margin % is 13.36%, which is 11% below median its own 10-year median of 15.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nisshin Oillio Group stock overvalued right now?
Based on GuruFocus' analysis, Nisshin Oillio Group (TSE:2602) is currently considered Fairly Valued. The stock's GF Value™ is 円1,828.32, compared to a current price of 円1,943.00 — trading 6.3% above its estimated fair value. The current Gross Margin % is 13.36%, which is 11% below median its 10-year median of 15.06 and 49.3% below the Consumer Packaged Goods industry median of 26.35. Nisshin Oillio Group's overall GF Score™ is 69/100 with 6 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 Nisshin Oillio Group (TSE:2602), the current Gross Margin % is 13.36% 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 Nisshin Oillio Group (TSE:2602) Overvalued in 2026?

Based on GuruFocus' analysis, Nisshin Oillio Group stock appears to be overvalued. The current stock price of 円1,943.00 is trading 6.3% above its estimated GF Value™ of 円1,828.32. GuruFocus considers Nisshin Oillio Group to be Fairly Valued.

Key valuation signals for TSE:2602:

  • Gross Margin %: 13.36% (11% below median its 10-year median of 15.06)
  • GF Value™: 円1,828.32 vs. price of 円1,943.00 (6.3% above fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 49.3% below the Consumer Packaged Goods median (#1501 of 1909)

No single metric tells the full story. See the TSE:2602 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nisshin Oillio Group Business Description

Address 1-23-1, Shinkawa, Chuo-ku, Tokyo, JPN, 104-8285
Nisshin Oillio Group Ltd is a Japanese company engaged in the manufacture of oil products. The company operates five reporting segments. The oils and meals business produces edible oils for household, commercial use, and food processing. The processed oils and fats business manufactures processed oil and fat products. The healthy foods business supplies dressings and healthcare products. The fine chemicals business provides raw materials for cosmetics, food ingredients, and chemical products. Finally the soy foods and materials business produces soy food ingredients and soy protein. The oils and meals business accounts for more than half of group revenue.
69GF Score

Get the complete analysis for TSE:2602

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

円1,943.00
Price
円1,828.32
GF Value