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Nippon Filcon Co (TSE:5942) Gross Margin % : 34.20% (As of May. 2024)


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What is Nippon Filcon Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Nippon Filcon Co's Gross Profit for the three months ended in May. 2024 was 円2,453 Mil. Nippon Filcon Co's Revenue for the three months ended in May. 2024 was 円7,173 Mil. Therefore, Nippon Filcon Co's Gross Margin % for the quarter that ended in May. 2024 was 34.20%.


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

TSE:5942' s Gross Margin % Range Over the Past 10 Years
Min: 33.36   Med: 34.61   Max: 35.58
Current: 33.38


During the past 13 years, the highest Gross Margin % of Nippon Filcon Co was 35.58%. The lowest was 33.36%. And the median was 34.61%.

TSE:5942's Gross Margin % is ranked better than
67.28% of 2937 companies
in the Industrial Products industry
Industry Median: 26.74 vs TSE:5942: 33.38

Nippon Filcon Co had a gross margin of 34.20% for the quarter that ended in May. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Nippon Filcon Co was 0.10% per year.


Nippon Filcon Co Gross Margin % Historical Data

The historical data trend for Nippon Filcon 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.

Nippon Filcon Co Gross Margin % Chart

Nippon Filcon Co Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.19 34.56 35.58 33.36 34.42

Nippon Filcon Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24
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 34.09 32.69 32.49 34.20 -

Competitive Comparison of Nippon Filcon Co's Gross Margin %

For the Specialty Industrial Machinery subindustry, Nippon Filcon 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.


Nippon Filcon Co's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nippon Filcon Co's Gross Margin % distribution charts can be found below:

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



Nippon Filcon Co Gross Margin % Calculation

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

Nippon Filcon Co's Gross Margin for the fiscal year that ended in Nov. 2024 is calculated as

Gross Margin % (A: Nov. 2024 )=Gross Profit (A: Nov. 2024 ) / Revenue (A: Nov. 2024 )
=9858.4 / 28639.102
=(Revenue - Cost of Goods Sold) / Revenue
=(28639.102 - 18780.708) / 28639.102
=34.42 %

Nippon Filcon Co's Gross Margin for the quarter that ended in May. 2024 is calculated as


Gross Margin % (Q: May. 2024 )=Gross Profit (Q: May. 2024 ) / Revenue (Q: May. 2024 )
=2453.1 / 7173.306
=(Revenue - Cost of Goods Sold) / Revenue
=(7173.306 - 4720.2) / 7173.306
=34.20 %

* 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.


Nippon Filcon Co  (TSE:5942) 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

Nippon Filcon Co had a gross margin of 34.20% for the quarter that ended in May. 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.


Nippon Filcon Co Gross Margin % Related Terms

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Nippon Filcon Co Business Description

Traded in Other Exchanges
N/A
Address
Inagi Daimaru 2220, Yubinbango, Tokyo, JPN, 206-8577
Nippon Filcon Co Ltd is a Japan-based company. Its business activities are divided into four divisions including industrial functional filter business, electronic components business, environment and water treatment-related business and real estate leasing business. The company manufactures and sales precision processed products by photo fabrication and various other manufacturing methods. Its environment and water treatment-related business designs and sales water treatment equipment, environmental preservation equipment and various related equipment. Real estate leasing business leases and manages lodging, sports and entertainment facilities.

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