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Kamakura Shinsho (TSE:6184) Gross Margin % : 57.68% (As of Apr. 2024)


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What is Kamakura Shinsho Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Kamakura Shinsho's Gross Profit for the three months ended in Apr. 2024 was 円866 Mil. Kamakura Shinsho's Revenue for the three months ended in Apr. 2024 was 円1,501 Mil. Therefore, Kamakura Shinsho's Gross Margin % for the quarter that ended in Apr. 2024 was 57.68%.

Warning Sign:

Kamakura Shinsho Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.3%.


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

TSE:6184' s Gross Margin % Range Over the Past 10 Years
Min: 42.09   Med: 59.71   Max: 70.3
Current: 60.36


During the past 10 years, the highest Gross Margin % of Kamakura Shinsho was 70.30%. The lowest was 42.09%. And the median was 59.71%.

TSE:6184's Gross Margin % is ranked better than
66.99% of 103 companies
in the Personal Services industry
Industry Median: 45.25 vs TSE:6184: 60.36

Kamakura Shinsho had a gross margin of 57.68% for the quarter that ended in Apr. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Kamakura Shinsho was -3.30% per year.


Kamakura Shinsho Gross Margin % Historical Data

The historical data trend for Kamakura Shinsho'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.

Kamakura Shinsho Gross Margin % Chart

Kamakura Shinsho Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.81 60.14 56.52 59.01 60.70

Kamakura Shinsho Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 58.85 60.59 58.92 64.00 57.68

Competitive Comparison of Kamakura Shinsho's Gross Margin %

For the Personal Services subindustry, Kamakura Shinsho'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.


Kamakura Shinsho's Gross Margin % Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Kamakura Shinsho's Gross Margin % distribution charts can be found below:

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



Kamakura Shinsho Gross Margin % Calculation

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

Kamakura Shinsho's Gross Margin for the fiscal year that ended in Jan. 2024 is calculated as

Gross Margin % (A: Jan. 2024 )=Gross Profit (A: Jan. 2024 ) / Revenue (A: Jan. 2024 )
=3556.9 / 5859.844
=(Revenue - Cost of Goods Sold) / Revenue
=(5859.844 - 2302.899) / 5859.844
=60.70 %

Kamakura Shinsho's Gross Margin for the quarter that ended in Apr. 2024 is calculated as


Gross Margin % (Q: Apr. 2024 )=Gross Profit (Q: Apr. 2024 ) / Revenue (Q: Apr. 2024 )
=865.9 / 1501.06
=(Revenue - Cost of Goods Sold) / Revenue
=(1501.06 - 635.195) / 1501.06
=57.68 %

* 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.


Kamakura Shinsho  (TSE:6184) 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

Kamakura Shinsho had a gross margin of 57.68% for the quarter that ended in Apr. 2024 => Durable 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.


Kamakura Shinsho Gross Margin % Related Terms

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Kamakura Shinsho (TSE:6184) Business Description

Traded in Other Exchanges
N/A
Address
1-6-6 Yaesu, 7th Floor, Yaesu Center Building, Chuo- ku, Tokyo, JPN, 103-0028
Kamakura Shinsho Ltd operates portal sites in Japan. The firm publishes and lectures to communicate knowledge on funerals, altar, tombs, temples. It offers portal sites that gives information on funerals; and responds to various consultations by telephone and e-mails, as well as a mobile search with GPS functions to search the funeral companies and centers. The company also operates sites that offers information on joint funerals and farewell party; family funeral knowledge and family funeral expenses; introduction of expenses to direct funeral and cremation ceremonies. In addition, it operates sites for funeral and funeral night wear, and legal flowers. Further, the company operates sites that offers information on Buddhist altar/Buddhist information; Buddha statues and Buddhist teachers.

Kamakura Shinsho (TSE:6184) Headlines

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