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Happiness and D Co (TSE:3174) Gross Margin % : 39.72% (As of Aug. 2024)


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What is Happiness and D Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Happiness and D Co's Gross Profit for the three months ended in Aug. 2024 was 円952 Mil. Happiness and D Co's Revenue for the three months ended in Aug. 2024 was 円2,397 Mil. Therefore, Happiness and D Co's Gross Margin % for the quarter that ended in Aug. 2024 was 39.72%.


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

TSE:3174' s Gross Margin % Range Over the Past 10 Years
Min: 22.75   Med: 23.87   Max: 38.16
Current: 38.16


During the past 13 years, the highest Gross Margin % of Happiness and D Co was 38.16%. The lowest was 22.75%. And the median was 23.87%.

TSE:3174's Gross Margin % is ranked better than
52.23% of 1097 companies
in the Retail - Cyclical industry
Industry Median: 36.89 vs TSE:3174: 38.16

Happiness and D Co had a gross margin of 39.72% for the quarter that ended in Aug. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Happiness and D Co was 12.40% per year.


Happiness and D Co Gross Margin % Historical Data

The historical data trend for Happiness and D 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.

Happiness and D Co Gross Margin % Chart

Happiness and D Co Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.32 22.75 33.39 35.04 38.16

Happiness and D Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 35.17 37.27 36.88 39.39 39.72

Competitive Comparison of Happiness and D Co's Gross Margin %

For the Specialty Retail subindustry, Happiness and D 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.


Happiness and D Co's Gross Margin % Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Happiness and D Co's Gross Margin % falls into.



Happiness and D Co Gross Margin % Calculation

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

Happiness and D Co's Gross Margin for the fiscal year that ended in Aug. 2024 is calculated as

Gross Margin % (A: Aug. 2024 )=Gross Profit (A: Aug. 2024 ) / Revenue (A: Aug. 2024 )
=4114.2 / 10780.967
=(Revenue - Cost of Goods Sold) / Revenue
=(10780.967 - 6666.782) / 10780.967
=38.16 %

Happiness and D Co's Gross Margin for the quarter that ended in Aug. 2024 is calculated as


Gross Margin % (Q: Aug. 2024 )=Gross Profit (Q: Aug. 2024 ) / Revenue (Q: Aug. 2024 )
=951.8 / 2396.587
=(Revenue - Cost of Goods Sold) / Revenue
=(2396.587 - 1444.774) / 2396.587
=39.72 %

* 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.


Happiness and D Co  (TSE:3174) 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

Happiness and D Co had a gross margin of 39.72% for the quarter that ended in Aug. 2024 => 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.


Happiness and D Co Gross Margin % Related Terms

Thank you for viewing the detailed overview of Happiness and D Co's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Happiness and D Co Business Description

Traded in Other Exchanges
N/A
Address
Toka Building. 4th Floor, 1-16-1 Ginza, Chuo-ku, Tokyo, JPN, 104-0061
Happiness and D Co Ltd manages branded gift stores in Japan. It is engaged in sales of imported brand products, including jewelry, such as imported brand jewelry and diamond jewelry consisting of rings, necklaces, earrings, and bracelets; as well as watches, handbags, and accessories. The company has stores located in Hokkaido, Tohoku, Kanto, Chubu and Chugoku among other locations.

Happiness and D Co Headlines

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