Kusuri No Aoki Holdings (TSE:3549) Gross Margin %: 26.22% (As of Nov. 2025) — Near Median


TSE:3549 Kusuri No Aoki Holdings TSE:3549
90 GF Score
Price 円3,531.00
GF Value 円4,075.95
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Kusuri No Aoki Holdings Gross Margin %?

Kusuri No Aoki Holdings TSE:3549 -2.08% 90 Gross Margin % is 26.22% as of Nov. 2025, which is 6% below its 10-year median of 28.02. GuruFocus rates TSE:3549 with a GF Score™ of 90/100 and a GF Value™ of 円4,075.95 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 630 Healthcare Providers & Services companies, Kusuri No Aoki Holdings ranks worse than 71.9% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Kusuri No Aoki Holdings's Gross Profit for the three months ended in Nov. 2025 was 円36,728 Mil. Kusuri No Aoki Holdings's Revenue for the three months ended in Nov. 2025 was 円140,073 Mil. Therefore, Kusuri No Aoki Holdings's Gross Margin % for the quarter that ended in Nov. 2025 was 26.22%.

Warning Sign:

Kusuri No Aoki Holdings gross margin has been in long-term decline. The average rate of decline per year is -1.5%.


The historical rank and industry rank for Kusuri No Aoki Holdings's Gross Margin % or its related term are showing as below:

TSE:3549' s Gross Margin % Range Over the Past 10 Years
Min: 26.51   Med: 28.02   Max: 29.46
Current: 26.61


During the past 13 years, the highest Gross Margin % of Kusuri No Aoki Holdings was 29.46%. The lowest was 26.51%. And the median was 28.02%.

TSE:3549's Gross Margin % is ranked worse than
71.9% of 630 companies
in the Healthcare Providers & Services industry
Industry Median: 40.075 vs TSE:3549: 26.61

Kusuri No Aoki Holdings had a gross margin of 26.22% for the quarter that ended in Nov. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Kusuri No Aoki Holdings was -1.50% per year.


Kusuri No Aoki Holdings  (TSE:3549) 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

Kusuri No Aoki Holdings had a gross margin of 26.22% for the quarter that ended in Nov. 2025 => 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.


Kusuri No Aoki Holdings Gross Margin % Related Terms


Kusuri No Aoki Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for Kusuri No Aoki Holdings'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.

Kusuri No Aoki Holdings Gross Margin % Chart

Kusuri No Aoki Holdings Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.46 27.34 28.01 27.03 26.51

Kusuri No Aoki Holdings Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 25.88 27.16 26.43 26.22 26.66

Kusuri No Aoki Holdings Gross Margin % Competitor Comparison

For the Pharmaceutical Retailers subindustry, Kusuri No Aoki Holdings'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.


Kusuri No Aoki Holdings Gross Margin % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Kusuri No Aoki Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Kusuri No Aoki Holdings's Gross Margin % falls into.


TSE:3549
90GF Score
Kusuri No Aoki Holdings TSE:3549
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kusuri No Aoki Holdings Gross Margin % Calculation

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

Kusuri No Aoki Holdings's Gross Margin for the fiscal year that ended in May. 2025 is calculated as

Gross Margin % (A: May. 2025 )=Gross Profit (A: May. 2025 ) / Revenue (A: May. 2025 )
=132956 / 501470
=(Revenue - Cost of Goods Sold) / Revenue
=(501470 - 368514) / 501470
=26.51 %

Kusuri No Aoki Holdings's Gross Margin for the quarter that ended in Nov. 2025 is calculated as


Gross Margin % (Q: Nov. 2025 )=Gross Profit (Q: Nov. 2025 ) / Revenue (Q: Nov. 2025 )
=36728 / 140073
=(Revenue - Cost of Goods Sold) / Revenue
=(140073 - 103345) / 140073
=26.22 %

* 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 26.22% mean?
Kusuri No Aoki Holdings (TSE:3549) has a Gross Margin % of 26.22% as of Nov. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Kusuri No Aoki Holdings and its competitors. This is near median its historical median of 28.02. Over the past decade, Kusuri No Aoki Holdings' Gross Margin % has ranged from 26.51 to 29.46. According to the industry distribution chart, Kusuri No Aoki Holdings ranks #453 out of 630 companies in the Healthcare Providers & Services industry, placing it in the top 71.9%.
Is Kusuri No Aoki Holdings' Gross Margin % too high?
Kusuri No Aoki Holdings' current Gross Margin % of 26.22% is near median its 10-year median of 28.02. Over the past 10 years, this metric has ranged from a low of 26.51 to a high of 29.46. The Healthcare Providers & Services industry median Gross Margin % is 40.08. Kusuri No Aoki Holdings' value of 26.22% is 34.6% below this industry median. Based on the distribution chart, Kusuri No Aoki Holdings ranks #453 out of 630 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Kusuri No Aoki Holdings has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kusuri No Aoki Holdings' Gross Margin % compare to competitors?
According to the Healthcare Providers & Services industry distribution chart, Kusuri No Aoki Holdings ranks #453 out of 630 companies for Gross Margin %. This places Kusuri No Aoki Holdings in the lower half of its industry. The industry median Gross Margin % is 40.08. Kusuri No Aoki Holdings' value of 26.22% is 34.6% below this benchmark. Historically, Kusuri No Aoki Holdings' own Gross Margin % has ranged from 26.51 to 29.46 over the past decade. While the company's 10-year median is 28.02 vs. the industry median of 40.08, Kusuri No Aoki Holdings 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 Healthcare Providers & Services company?
The median Gross Margin % among Healthcare Providers & Services companies is 40.08, based on 630 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. Kusuri No Aoki Holdings's current Gross Margin % of 26.22% is 34.6% 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 Kusuri No Aoki Holdings and its competitors. For the Healthcare Providers & Services industry, the median Gross Margin % is 40.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kusuri No Aoki Holdings's current Gross Margin % is 26.22%, which is near median its own 10-year median of 28.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kusuri No Aoki Holdings stock overvalued right now?
Based on GuruFocus' analysis, Kusuri No Aoki Holdings (TSE:3549) is currently considered Modestly Undervalued. The stock's GF Value™ is 円4,075.95, compared to a current price of 円3,531.00 — trading 13.4% below its estimated fair value. The current Gross Margin % is 26.22%, which is near median its 10-year median of 28.02 and 34.6% below the Healthcare Providers & Services industry median of 40.08. Kusuri No Aoki Holdings' overall GF Score™ is 90/100 with 4 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 Kusuri No Aoki Holdings (TSE:3549), the current Gross Margin % is 26.22% as of Nov. 2025. 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 Kusuri No Aoki Holdings (TSE:3549) Overvalued in 2026?

Based on GuruFocus' analysis, Kusuri No Aoki Holdings stock appears to be undervalued. The current stock price of 円3,531.00 is trading 13.4% below its estimated GF Value™ of 円4,075.95. GuruFocus considers Kusuri No Aoki Holdings to be Modestly Undervalued.

Key valuation signals for TSE:3549:

  • Gross Margin %: 26.22% (near median its 10-year median of 28.02)
  • GF Value™: 円4,075.95 vs. price of 円3,531.00 (13.4% below fair value)
  • GF Score™: 90/100 with 4 warning signs
  • Industry Position: 34.6% below the Healthcare Providers & Services median (#453 of 630)

No single metric tells the full story. See the TSE:3549 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kusuri No Aoki Holdings Business Description

Address 1st Yokoe-cho 4 Block, Ishikawa Prefecture, Hakusan, JPN, 924-8510
Kusuri No Aoki Holdings is a pharmaceutical retail chain that sells health, beauty, and cleaning supplies. The company operates stores that focus primarily on residential areas in Japan. Kusuri's business includes pharmaceutical drugs, and the company also operates a bone-marrow bank. The company breaks out its sales into four different product lines, including health, beauty, life, and dispensing. The vast majority of the company's revenue is derived from its life product category, followed by beauty products. Most of Kusuri's revenue is derived from the Hokuriku region.
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円3,531.00
Price
円4,075.95
GF Value