Matsuoka (TSE:3611) Gross Margin %: 13.13% (As of Mar. 2026) — Near Median


TSE:3611 Matsuoka Corp TSE:3611
77 GF Score
Price 円2,654.00
GF Value 円2,096.52
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Matsuoka Gross Margin %?

Matsuoka TSE:3611 +3.55% 77 Gross Margin % is 13.13% as of Mar. 2026, which is 5% above its 10-year median of 12.45. GuruFocus rates TSE:3611 with a GF Score™ of 77/100 and a GF Value™ of 円2,096.52 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,022 Manufacturing - Apparel & Accessories companies, Matsuoka ranks worse than 81.31% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Matsuoka's Gross Profit for the three months ended in Mar. 2026 was 円2,621 Mil. Matsuoka's Revenue for the three months ended in Mar. 2026 was 円19,965 Mil. Therefore, Matsuoka's Gross Margin % for the quarter that ended in Mar. 2026 was 13.13%.

Warning Sign:

Matsuoka Corp gross margin has been in long-term decline. The average rate of decline per year is -4.3%.


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

TSE:3611' s Gross Margin % Range Over the Past 10 Years
Min: 9.22   Med: 12.45   Max: 16.48
Current: 11.79


During the past 11 years, the highest Gross Margin % of Matsuoka was 16.48%. The lowest was 9.22%. And the median was 12.45%.

TSE:3611's Gross Margin % is ranked worse than
81.31% of 1022 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.545 vs TSE:3611: 11.79

Matsuoka had a gross margin of 13.13% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Matsuoka was -4.30% per year.


Matsuoka  (TSE:3611) 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

Matsuoka had a gross margin of 13.13% 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.


Matsuoka Gross Margin % Related Terms


Matsuoka Gross Margin % Historical Data

* Premium members only.

The historical data trend for Matsuoka'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.

Matsuoka Gross Margin % Chart

Matsuoka 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 9.34 9.22 10.77 9.33 11.79

Matsuoka 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 7.75 10.33 12.82 10.75 13.13

TSE:3611 vs RL, LEVI, VFC: Gross Margin % Comparison

For the Apparel Manufacturing subindustry, Matsuoka'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.


Matsuoka Gross Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Matsuoka's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Matsuoka's Gross Margin % falls into.


TSE:3611
77GF Score
Matsuoka Corp TSE:3611
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Matsuoka Gross Margin % Calculation

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

Matsuoka'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 )
=8756 / 74251
=(Revenue - Cost of Goods Sold) / Revenue
=(74251 - 65495) / 74251
=11.79 %

Matsuoka'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 )
=2621 / 19965
=(Revenue - Cost of Goods Sold) / Revenue
=(19965 - 17344) / 19965
=13.13 %

* 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 13.13% mean?
Matsuoka (TSE:3611) has a Gross Margin % of 13.13% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Matsuoka and its competitors. This is near median its historical median of 12.45. Over the past decade, Matsuoka's Gross Margin % has ranged from 9.22 to 16.48. According to the industry distribution chart, Matsuoka ranks #831 out of 1022 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 81.3%.
Is Matsuoka's Gross Margin % too high?
Matsuoka's current Gross Margin % of 13.13% is near median its 10-year median of 12.45. Over the past 10 years, this metric has ranged from a low of 9.22 to a high of 16.48. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.55. Matsuoka's value of 13.13% is 54% below this industry median. Based on the distribution chart, Matsuoka ranks #831 out of 1022 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Matsuoka has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Matsuoka's Gross Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Matsuoka ranks #831 out of 1022 companies for Gross Margin %. This places Matsuoka in the lower half of its industry. The industry median Gross Margin % is 28.55. Matsuoka's value of 13.13% is 54% below this benchmark. Historically, Matsuoka's own Gross Margin % has ranged from 9.22 to 16.48 over the past decade. While the company's 10-year median is 12.45 vs. the industry median of 28.55, Matsuoka 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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.55, based on 1,022 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. Matsuoka's current Gross Margin % of 13.13% is 54% 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 Matsuoka and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Matsuoka's current Gross Margin % is 13.13%, which is near median its own 10-year median of 12.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Matsuoka stock overvalued right now?
Based on GuruFocus' analysis, Matsuoka (TSE:3611) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,096.52, compared to a current price of 円2,654.00 — trading 26.6% above its estimated fair value. The current Gross Margin % is 13.13%, which is near median its 10-year median of 12.45 and 54% below the Manufacturing - Apparel & Accessories industry median of 28.55. Matsuoka's overall GF Score™ is 77/100 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 Matsuoka (TSE:3611), the current Gross Margin % is 13.13% 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 Matsuoka (TSE:3611) Overvalued in 2026?

Based on GuruFocus' analysis, Matsuoka stock appears to be overvalued. The current stock price of 円2,654.00 is trading 26.6% above its estimated GF Value™ of 円2,096.52. GuruFocus considers Matsuoka to be Modestly Overvalued.

Key valuation signals for TSE:3611:

  • Gross Margin %: 13.13% (near median its 10-year median of 12.45)
  • GF Value™: 円2,096.52 vs. price of 円2,654.00 (26.6% above fair value)
  • GF Score™: 77/100 with 8 warning signs
  • Industry Position: 54% below the Manufacturing - Apparel & Accessories median (#831 of 1022)

No single metric tells the full story. See the TSE:3611 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Matsuoka Business Description

Address 4-14 Takaramachi, Hiroshima Prefecture, Fukuyama, JPN, 720-0045
Matsuoka Corp produces a range of sewing products for men's and women's formal wear, casual wear, sportswear and uniform wear. Its core business activities include washing processing, fabric development and production, and trade business. Its product offering includes jacket, coat, blouson, shirt, blouse, pants, jeans, skirt and working wear general. The company has operations in Japan, China, Myanmar, Bangladesh, Indonesia, and Vietnam.
77GF Score

Get the complete analysis for TSE:3611

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

円2,654.00
Price
円2,096.52
GF Value