Fujisan Magazine Service Co (TSE:3138) Gross Margin %: 27.46% (As of Jun. 2026) — 20% Below 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:3138 Fujisan Magazine Service Co Ltd TSE:3138
62 GF Score
Price 円1,124.00
GF Value 円715.84
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Fujisan Magazine Service Co Gross Margin %?

Fujisan Magazine Service Co TSE:3138 +0.90% 62 Gross Margin % is 27.46% as of Jun. 2026, which is 20% below its 10-year median of 34.32. GuruFocus rates TSE:3138 with a GF Score™ of 62/100 and a GF Value™ of 円715.84 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,119 Retail - Cyclical companies, Fujisan Magazine Service Co ranks worse than 67.38% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Fujisan Magazine Service Co's Gross Profit for the three months ended in Jun. 2026 was 円402 Mil. Fujisan Magazine Service Co's Revenue for the three months ended in Jun. 2026 was 円1,465 Mil. Therefore, Fujisan Magazine Service Co's Gross Margin % for the quarter that ended in Jun. 2026 was 27.46%.

Warning Sign:

Fujisan Magazine Service Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.7%.


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

TSE:3138' s Gross Margin % Range Over the Past 10 Years
Min: 26.88   Med: 34.32   Max: 53.97
Current: 26.88


During the past 12 years, the highest Gross Margin % of Fujisan Magazine Service Co was 53.97%. The lowest was 26.88%. And the median was 34.32%.

TSE:3138's Gross Margin % is ranked worse than
67.38% of 1119 companies
in the Retail - Cyclical industry
Industry Median: 36.29 vs TSE:3138: 26.88

Fujisan Magazine Service Co had a gross margin of 27.46% for the quarter that ended in Jun. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Fujisan Magazine Service Co was -4.70% per year.


Fujisan Magazine Service Co  (TSE:3138) 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

Fujisan Magazine Service Co had a gross margin of 27.46% for the quarter that ended in Jun. 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.


Fujisan Magazine Service Co Gross Margin % Related Terms


Fujisan Magazine Service Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Fujisan Magazine Service 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.

Fujisan Magazine Service Co Gross Margin % Chart

Fujisan Magazine Service Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.02 31.03 29.94 29.77 27.05

Fujisan Magazine Service Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 26.43 23.61 28.72 27.47 27.46

TSE:3138 vs AMZN, BABA, PDD: Gross Margin % Comparison

For the Internet Retail subindustry, Fujisan Magazine Service 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.


Fujisan Magazine Service Co Gross Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Fujisan Magazine Service Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Fujisan Magazine Service Co's Gross Margin % falls into.


TSE:3138
62GF Score
Fujisan Magazine Service Co Ltd TSE:3138
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fujisan Magazine Service Co Gross Margin % Calculation

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

Fujisan Magazine Service Co's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=1573.2 / 5814.858
=(Revenue - Cost of Goods Sold) / Revenue
=(5814.858 - 4241.691) / 5814.858
=27.05 %

Fujisan Magazine Service Co's Gross Margin for the quarter that ended in Jun. 2026 is calculated as


Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=402.1 / 1464.52
=(Revenue - Cost of Goods Sold) / Revenue
=(1464.52 - 1062.406) / 1464.52
=27.46 %

* 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 27.46% mean?
Fujisan Magazine Service Co (TSE:3138) has a Gross Margin % of 27.46% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Fujisan Magazine Service Co and its competitors. This is 20% below median its historical median of 34.32. Over the past decade, Fujisan Magazine Service Co's Gross Margin % has ranged from 26.88 to 53.97. According to the industry distribution chart, Fujisan Magazine Service Co ranks #754 out of 1119 companies in the Retail - Cyclical industry, placing it in the top 67.4%.
Is Fujisan Magazine Service Co's Gross Margin % too high?
Fujisan Magazine Service Co's current Gross Margin % of 27.46% is 20% below median its 10-year median of 34.32. Over the past 10 years, this metric has ranged from a low of 26.88 to a high of 53.97. The Retail - Cyclical industry median Gross Margin % is 36.29. Fujisan Magazine Service Co's value of 27.46% is 24.3% below this industry median. Based on the distribution chart, Fujisan Magazine Service Co ranks #754 out of 1119 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Fujisan Magazine Service Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fujisan Magazine Service Co's Gross Margin % compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Fujisan Magazine Service Co ranks #754 out of 1119 companies for Gross Margin %. This places Fujisan Magazine Service Co in the lower half of its industry. The industry median Gross Margin % is 36.29. Fujisan Magazine Service Co's value of 27.46% is 24.3% below this benchmark. Historically, Fujisan Magazine Service Co's own Gross Margin % has ranged from 26.88 to 53.97 over the past decade. While the company's 10-year median is 34.32 vs. the industry median of 36.29, Fujisan Magazine Service 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 Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.29, based on 1,119 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. Fujisan Magazine Service Co's current Gross Margin % of 27.46% is 24.3% 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 Fujisan Magazine Service Co and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fujisan Magazine Service Co's current Gross Margin % is 27.46%, which is 20% below median its own 10-year median of 34.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujisan Magazine Service Co stock overvalued right now?
Based on GuruFocus' analysis, Fujisan Magazine Service Co (TSE:3138) is currently considered Significantly Overvalued. The stock's GF Value™ is 円715.84, compared to a current price of 円1,124.00 — trading 57% above its estimated fair value. The current Gross Margin % is 27.46%, which is 20% below median its 10-year median of 34.32 and 24.3% below the Retail - Cyclical industry median of 36.29. Fujisan Magazine Service Co's overall GF Score™ is 62/100 with 8 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 Fujisan Magazine Service Co (TSE:3138), the current Gross Margin % is 27.46% as of Jun. 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 Fujisan Magazine Service Co (TSE:3138) Overvalued in 2026?

Based on GuruFocus' analysis, Fujisan Magazine Service Co stock appears to be overvalued. The current stock price of 円1,124.00 is trading 57% above its estimated GF Value™ of 円715.84. GuruFocus considers Fujisan Magazine Service Co to be Significantly Overvalued.

Key valuation signals for TSE:3138:

  • Gross Margin %: 27.46% (20% below median its 10-year median of 34.32)
  • GF Value™: 円715.84 vs. price of 円1,124.00 (57% above fair value)
  • GF Score™: 62/100 with 8 warning signs
  • Industry Position: 24.3% below the Retail - Cyclical median (#754 of 1119)

No single metric tells the full story. See the TSE:3138 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fujisan Magazine Service Co Business Description

Address 16-11 Nanpeidaicho, Shibuya-ku, Tokyo, JPN, 150-0036
Fujisan Magazine Service Co Ltd is engaged in retailing online magazines. The company provides both print and digital magazine sales & subscription services through its website and also offers sales support, packing, and delivery services. It provides magazines related to fashion, health, sports, entertainment, and music.
62GF Score

Get the complete analysis for TSE:3138

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

円1,124.00
Price
円715.84
GF Value