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Sasatoku Printing Co (TSE:3958) Gross Margin % : 19.65% (As of Jun. 2023)


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What is Sasatoku Printing Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sasatoku Printing Co's Gross Profit for the six months ended in Jun. 2023 was 円2,562 Mil. Sasatoku Printing Co's Revenue for the six months ended in Jun. 2023 was 円13,041 Mil. Therefore, Sasatoku Printing Co's Gross Margin % for the quarter that ended in Jun. 2023 was 19.65%.


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

TSE:3958' s Gross Margin % Range Over the Past 10 Years
Min: 19.61   Med: 19.65   Max: 20.29
Current: 19.65


During the past 3 years, the highest Gross Margin % of Sasatoku Printing Co was 20.29%. The lowest was 19.61%. And the median was 19.65%.

TSE:3958's Gross Margin % is ranked worse than
77.53% of 988 companies
in the Business Services industry
Industry Median: 34.78 vs TSE:3958: 19.65

Sasatoku Printing Co had a gross margin of 19.65% for the quarter that ended in Jun. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Sasatoku Printing Co was 0.00% per year.


Sasatoku Printing Co Gross Margin % Historical Data

The historical data trend for Sasatoku Printing 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.

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Sasatoku Printing Co Gross Margin % Chart

Sasatoku Printing Co Annual Data
Trend Jun21 Jun22 Jun23
Gross Margin %
19.61 20.29 19.65

Sasatoku Printing Co Semi-Annual Data
Jun21 Jun22 Jun23
Gross Margin % 19.61 20.29 19.65

Competitive Comparison of Sasatoku Printing Co's Gross Margin %

For the Specialty Business Services subindustry, Sasatoku Printing 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.


Sasatoku Printing Co's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sasatoku Printing Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Sasatoku Printing Co's Gross Margin % falls into.



Sasatoku Printing Co Gross Margin % Calculation

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

Sasatoku Printing Co's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=2562.3 / 13040.868
=(Revenue - Cost of Goods Sold) / Revenue
=(13040.868 - 10478.53) / 13040.868
=19.65 %

Sasatoku Printing Co's Gross Margin for the quarter that ended in Jun. 2023 is calculated as


Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=2562.3 / 13040.868
=(Revenue - Cost of Goods Sold) / Revenue
=(13040.868 - 10478.53) / 13040.868
=19.65 %

* 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.


Sasatoku Printing Co  (TSE:3958) 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

Sasatoku Printing Co had a gross margin of 19.65% for the quarter that ended in Jun. 2023 => 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.


Sasatoku Printing Co Gross Margin % Related Terms

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Sasatoku Printing Co (TSE:3958) Business Description

Traded in Other Exchanges
N/A
Address
7 Owaki, Sakae-cho, Toyoake-shi, Aichi, JPN, 470?1196
Sasatoku Printing Co Ltd is engaged in Plate making, printing, processing and sales of paper and packaging materials. Planning, editing, production and sales of publications and advertising media.

Sasatoku Printing Co (TSE:3958) Headlines

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