Free Style (TSE:528A) Gross Margin %: 27.62% (As of Sep. 2025) — 17% Above Median

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TSE:528A Free Style Inc TSE:528A
9 GF Score
Price 円1,080.00
! 3 Warning Signs
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What is Free Style Gross Margin %?

Free Style TSE:528A 9 Gross Margin % is 27.62% as of Sep. 2025, which is 17% above its 10-year median of 23.67. GuruFocus rates TSE:528A with a GF Score™ of 9/100. The stock has 3 warning signs investors should review.

Gross Margin % is calculated as gross profit divided by its revenue. Free Style's Gross Profit for the six months ended in Sep. 2025 was 円242.6 Mil. Free Style's Revenue for the six months ended in Sep. 2025 was 円878.3 Mil. Therefore, Free Style's Gross Margin % for the quarter that ended in Sep. 2025 was 27.62%.


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

TSE:528A' s Gross Margin % Range Over the Past 10 Years
Min: 23.53   Med: 23.67   Max: 27.62
Current: 27.62


During the past 2 years, the highest Gross Margin % of Free Style was 27.62%. The lowest was 23.53%. And the median was 23.67%.

TSE:528A's Gross Margin % is not ranked
in the Software industry.
Industry Median: 40.46 vs TSE:528A: 27.62

Free Style had a gross margin of 27.62% for the quarter that ended in Sep. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Free Style was 0.00% per year.


Free Style  (TSE:528A) 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

Free Style had a gross margin of 27.62% for the quarter that ended in Sep. 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.


Free Style Gross Margin % Related Terms


Free Style Gross Margin % Historical Data

* Premium members only.

The historical data trend for Free Style'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.

Free Style Gross Margin % Chart

Free Style Annual Data
Trend Mar24 Mar25
Gross Margin %
23.80 23.53

Free Style Semi-Annual Data
Mar24 Mar25 Sep25
Gross Margin % 0.00 0.00 27.62

TSE:528A vs UBER, CRM, SHOP: Gross Margin % Comparison

For the Software - Application subindustry, Free Style'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.


Free Style Gross Margin % vs Software Industry

For the Software industry and Technology sector, Free Style's Gross Margin % distribution charts can be found below:

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


TSE:528A
9GF Score
Free Style Inc TSE:528A
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Free Style Gross Margin % Calculation

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

Free Style's Gross Margin for the fiscal year that ended in Mar. 2025 is calculated as

Gross Margin % (A: Mar. 2025 )=Gross Profit (A: Mar. 2025 ) / Revenue (A: Mar. 2025 )
=411.2 / 1747.451
=(Revenue - Cost of Goods Sold) / Revenue
=(1747.451 - 1336.211) / 1747.451
=23.53 %

Free Style's Gross Margin for the quarter that ended in Sep. 2025 is calculated as


Gross Margin % (Q: Sep. 2025 )=Gross Profit (Q: Sep. 2025 ) / Revenue (Q: Sep. 2025 )
=242.6 / 878.304
=(Revenue - Cost of Goods Sold) / Revenue
=(878.304 - 635.722) / 878.304
=27.62 %

* 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 27.62% mean?
Free Style (TSE:528A) has a Gross Margin % of 27.62% as of Sep. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Free Style and its competitors. This is 17% above median its historical median of 23.67. Over the past decade, Free Style's Gross Margin % has ranged from 23.53 to 27.62.
Is Free Style's Gross Margin % too high?
Free Style's current Gross Margin % of 27.62% is 17% above median its 10-year median of 23.67. Over the past 10 years, this metric has ranged from a low of 23.53 to a high of 27.62. The Software industry median Gross Margin % is 40.46. Free Style's value of 27.62% is 31.7% below this industry median. Overall, Free Style has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Free Style's Gross Margin % compare to UBER and CRM?
Free Style's Gross Margin % of 27.62% can be compared against companies in the Software industry. The industry median Gross Margin % is 40.46. Free Style's value of 27.62% is 31.7% below this benchmark. Historically, Free Style's own Gross Margin % has ranged from 23.53 to 27.62 over the past decade. While the company's 10-year median is 23.67 vs. the industry median of 40.46, Free Style 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 Software company?
The median Gross Margin % among Software companies is 40.46, based on 2,685 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. Free Style's current Gross Margin % of 27.62% is 31.7% 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 Free Style and its competitors. For the Software industry, the median Gross Margin % is 40.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Free Style's current Gross Margin % is 27.62%, which is 17% above median its own 10-year median of 23.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Free Style stock overvalued right now?
Free Style (TSE:528A) has a current Gross Margin % of 27.62%. The current Gross Margin % is 27.62%, which is 17% above median its 10-year median of 23.67 and 31.7% below the Software industry median of 40.46. Free Style's overall GF Score™ is 9/100 with 3 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 Free Style (TSE:528A), the current Gross Margin % is 27.62% as of Sep. 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.

Free Style Business Description

Address 1-5-13, Nishiki, 9th floor of ORIX Nagoya Nishiki Building, Aichi Prefecture, Nagoya, JPN, 460-0003
Free Style Inc is engaged in Software Development and Staffing Services. The IT Solutions Division provides a variety of services such as network infrastructure development, operation, maintenance, server and system construction, and program development. The company is also engaged in the Contract Development Business and Game Development Business.
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,080.00
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