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Takamisawa Cybernetics Co (TSE:6424) Gross Margin % : 30.70% (As of Dec. 2023)


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What is Takamisawa Cybernetics Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Takamisawa Cybernetics Co's Gross Profit for the three months ended in Dec. 2023 was 円1,067 Mil. Takamisawa Cybernetics Co's Revenue for the three months ended in Dec. 2023 was 円3,476 Mil. Therefore, Takamisawa Cybernetics Co's Gross Margin % for the quarter that ended in Dec. 2023 was 30.70%.


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

TSE:6424' s Gross Margin % Range Over the Past 10 Years
Min: 14.67   Med: 25.08   Max: 30.1
Current: 30.1


During the past 13 years, the highest Gross Margin % of Takamisawa Cybernetics Co was 30.10%. The lowest was 14.67%. And the median was 25.08%.

TSE:6424's Gross Margin % is ranked better than
61.91% of 2439 companies
in the Hardware industry
Industry Median: 24.39 vs TSE:6424: 30.10

Takamisawa Cybernetics Co had a gross margin of 30.70% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Takamisawa Cybernetics Co was 8.40% per year.


Takamisawa Cybernetics Co Gross Margin % Historical Data

The historical data trend for Takamisawa Cybernetics 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.

Takamisawa Cybernetics Co Gross Margin % Chart

Takamisawa Cybernetics Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.67 23.37 26.78 27.48 29.28

Takamisawa Cybernetics Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 18.80 34.54 23.44 25.31 30.70

Competitive Comparison of Takamisawa Cybernetics Co's Gross Margin %

For the Scientific & Technical Instruments subindustry, Takamisawa Cybernetics 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.


Takamisawa Cybernetics Co's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Takamisawa Cybernetics Co's Gross Margin % distribution charts can be found below:

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



Takamisawa Cybernetics Co Gross Margin % Calculation

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

Takamisawa Cybernetics Co's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=3137.5 / 10713.939
=(Revenue - Cost of Goods Sold) / Revenue
=(10713.939 - 7576.431) / 10713.939
=29.28 %

Takamisawa Cybernetics Co's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=1066.9 / 3475.812
=(Revenue - Cost of Goods Sold) / Revenue
=(3475.812 - 2408.901) / 3475.812
=30.70 %

* 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.


Takamisawa Cybernetics Co  (TSE:6424) 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

Takamisawa Cybernetics Co had a gross margin of 30.70% for the quarter that ended in Dec. 2023 => 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.


Takamisawa Cybernetics Co Gross Margin % Related Terms

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Takamisawa Cybernetics Co (TSE:6424) Business Description

Traded in Other Exchanges
N/A
Address
48-5, 2-Chome Chuo, Nakano-ku, Tokyo, JPN, 164-0011
Takamisawa Cybernetics Company, Ltd. manufactures and markets electronic control instruments. The company's products include automatic ticket vending machine (ATVM), ticket dispenser machines for IC (integrated circuit) cards, smart card charging terminal, access control solutions, earthquake disaster preventation equipment, and cash transaction machines at railroad stations. The products are manufactured under its specialized quality management system.

Takamisawa Cybernetics Co (TSE:6424) Headlines

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