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Miyakoshi Holdings (TSE:6620) Gross Margin % : 0.00% (As of Sep. 2024)


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What is Miyakoshi Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Miyakoshi Holdings's Gross Profit for the three months ended in Sep. 2024 was 円0 Mil. Miyakoshi Holdings's Revenue for the three months ended in Sep. 2024 was 円0 Mil. Therefore, Miyakoshi Holdings's Gross Margin % for the quarter that ended in Sep. 2024 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.

Warning Sign:

Miyakoshi Holdings Inc gross margin has been in long-term decline. The average rate of decline per year is -1.5%.


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

TSE:6620' s Gross Margin % Range Over the Past 10 Years
Min: 44.05   Med: 86.36   Max: 91.04
Current: 82.94


During the past 13 years, the highest Gross Margin % of Miyakoshi Holdings was 91.04%. The lowest was 44.05%. And the median was 86.36%.

TSE:6620's Gross Margin % is ranked better than
75.61% of 529 companies
in the Asset Management industry
Industry Median: 51.8 vs TSE:6620: 82.94

Miyakoshi Holdings had a gross margin of N/A% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Miyakoshi Holdings was -1.50% per year.


Miyakoshi Holdings Gross Margin % Historical Data

The historical data trend for Miyakoshi Holdings'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.

Miyakoshi Holdings Gross Margin % Chart

Miyakoshi Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89.19 91.04 87.35 84.84 82.94

Miyakoshi Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 81.95 83.68 82.41 83.69 -

Competitive Comparison of Miyakoshi Holdings's Gross Margin %

For the Asset Management subindustry, Miyakoshi Holdings'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.


Miyakoshi Holdings's Gross Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Miyakoshi Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Miyakoshi Holdings's Gross Margin % falls into.



Miyakoshi Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Miyakoshi Holdings's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )=Gross Profit (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=943 / 1137
=(Revenue - Cost of Goods Sold) / Revenue
=(1137 - 194) / 1137
=82.94 %

Miyakoshi Holdings's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

* 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.


Miyakoshi Holdings  (TSE:6620) 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

Miyakoshi Holdings had a gross margin of N/A% for the quarter that ended in Sep. 2024 => 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.


Miyakoshi Holdings Gross Margin % Related Terms

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Miyakoshi Holdings Business Description

Traded in Other Exchanges
N/A
Address
23-1, Ohmorikita 1-chome, Ohta-ku, Tokyo, JPN, 143-0016
Miyakoshi Holdings Inc is a Japanese investment management company.

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