Shinobu Foods Products Co (TSE:2903) Gross Margin %: 14.01% (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:2903 Shinobu Foods Products Co Ltd TSE:2903
69 GF Score
Price 円1,683.00
GF Value 円1,268.45
Valuation Significantly Overvalued
View Full Analysis

What is Shinobu Foods Products Co Gross Margin %?

Shinobu Foods Products Co TSE:2903 69 Gross Margin % is 14.01% as of Mar. 2026, which is 5% below its 10-year median of 14.71. GuruFocus rates TSE:2903 with a GF Score™ of 69/100 and a GF Value™ of 円1,268.45 (Significantly Overvalued). Among 1,908 Consumer Packaged Goods companies, Shinobu Foods Products Co ranks worse than 76.94% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Shinobu Foods Products Co's Gross Profit for the six months ended in Mar. 2026 was 円4,307 Mil. Shinobu Foods Products Co's Revenue for the six months ended in Mar. 2026 was 円30,739 Mil. Therefore, Shinobu Foods Products Co's Gross Margin % for the quarter that ended in Mar. 2026 was 14.01%.


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

TSE:2903' s Gross Margin % Range Over the Past 10 Years
Min: 12.94   Med: 14.71   Max: 20.45
Current: 14.52


During the past 13 years, the highest Gross Margin % of Shinobu Foods Products Co was 20.45%. The lowest was 12.94%. And the median was 14.71%.

TSE:2903's Gross Margin % is ranked worse than
76.94% of 1908 companies
in the Consumer Packaged Goods industry
Industry Median: 26.345 vs TSE:2903: 14.52

Shinobu Foods Products Co had a gross margin of 14.01% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Shinobu Foods Products Co was 2.60% per year.


Shinobu Foods Products Co  (TSE:2903) 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

Shinobu Foods Products Co had a gross margin of 14.01% 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.


Shinobu Foods Products Co Gross Margin % Related Terms


Shinobu Foods Products Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Shinobu Foods Products 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.

Shinobu Foods Products Co Gross Margin % Chart

Shinobu Foods Products Co 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 13.53 13.82 14.60 14.82 14.52

Shinobu Foods Products 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 14.28 15.01 14.64 15.03 14.01

TSE:2903 vs KHC, GIS: Gross Margin % Comparison

For the Packaged Foods subindustry, Shinobu Foods Products 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.


Shinobu Foods Products Co Gross Margin % vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Shinobu Foods Products Co's Gross Margin % falls into.


TSE:2903
69GF Score
Shinobu Foods Products Co Ltd TSE:2903
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shinobu Foods Products Co Gross Margin % Calculation

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

Shinobu Foods Products Co'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 )
=9001 / 61974
=(Revenue - Cost of Goods Sold) / Revenue
=(61974 - 52973) / 61974
=14.52 %

Shinobu Foods Products 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 )
=4307 / 30739
=(Revenue - Cost of Goods Sold) / Revenue
=(30739 - 26432) / 30739
=14.01 %

* 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 14.01% mean?
Shinobu Foods Products Co (TSE:2903) has a Gross Margin % of 14.01% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Shinobu Foods Products Co and its competitors. This is near median its historical median of 14.71. Over the past decade, Shinobu Foods Products Co's Gross Margin % has ranged from 12.94 to 20.45. According to the industry distribution chart, Shinobu Foods Products Co ranks #1468 out of 1908 companies in the Consumer Packaged Goods industry, placing it in the top 76.9%.
Is Shinobu Foods Products Co's Gross Margin % too high?
Shinobu Foods Products Co's current Gross Margin % of 14.01% is near median its 10-year median of 14.71. Over the past 10 years, this metric has ranged from a low of 12.94 to a high of 20.45. The Consumer Packaged Goods industry median Gross Margin % is 26.35. Shinobu Foods Products Co's value of 14.01% is 46.8% below this industry median. Based on the distribution chart, Shinobu Foods Products Co ranks #1468 out of 1908 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Shinobu Foods Products Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shinobu Foods Products Co's Gross Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Shinobu Foods Products Co ranks #1468 out of 1908 companies for Gross Margin %. This places Shinobu Foods Products Co in the lower half of its industry. The industry median Gross Margin % is 26.35. Shinobu Foods Products Co's value of 14.01% is 46.8% below this benchmark. Historically, Shinobu Foods Products Co's own Gross Margin % has ranged from 12.94 to 20.45 over the past decade. While the company's 10-year median is 14.71 vs. the industry median of 26.35, Shinobu Foods Products Co 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 1,908 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. Shinobu Foods Products Co's current Gross Margin % of 14.01% is 46.8% 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 Shinobu Foods Products Co 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. Shinobu Foods Products Co's current Gross Margin % is 14.01%, which is near median its own 10-year median of 14.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinobu Foods Products Co stock overvalued right now?
Based on GuruFocus' analysis, Shinobu Foods Products Co (TSE:2903) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,268.45, compared to a current price of 円1,683.00 — trading 32.7% above its estimated fair value. The current Gross Margin % is 14.01%, which is near median its 10-year median of 14.71 and 46.8% below the Consumer Packaged Goods industry median of 26.35. Shinobu Foods Products Co's overall GF Score™ is 69/100. 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 Shinobu Foods Products Co (TSE:2903), the current Gross Margin % is 14.01% 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 Shinobu Foods Products Co (TSE:2903) Overvalued in 2026?

Based on GuruFocus' analysis, Shinobu Foods Products Co stock appears to be overvalued. The current stock price of 円1,683.00 is trading 32.7% above its estimated GF Value™ of 円1,268.45. GuruFocus considers Shinobu Foods Products Co to be Significantly Overvalued.

Key valuation signals for TSE:2903:

  • Gross Margin %: 14.01% (near median its 10-year median of 14.71)
  • GF Value™: 円1,268.45 vs. price of 円1,683.00 (32.7% above fair value)
  • GF Score™: 69/100
  • Industry Position: 46.8% below the Consumer Packaged Goods median (#1468 of 1908)

No single metric tells the full story. See the TSE:2903 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinobu Foods Products Co Business Description

Address 2-3-18 Takeshima, Nishiyodogawa Ward, Osaka, JPN
Shinobu Foods Products Co Ltd is a Japanese food company. It offers processed food products. The product portfolio of the company includes Onigiri Q, Mckee bar, rice ball onigiri, fluffy rice ball, cabbage dinner meal box and others.
69GF Score

Get the complete analysis for TSE:2903

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

円1,683.00
Price
円1,268.45
GF Value