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Kyosha Co (TSE:6837) Gross Margin % : 17.26% (As of Dec. 2023)


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What is Kyosha Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Kyosha Co's Gross Profit for the three months ended in Dec. 2023 was 円1,131 Mil. Kyosha Co's Revenue for the three months ended in Dec. 2023 was 円6,552 Mil. Therefore, Kyosha Co's Gross Margin % for the quarter that ended in Dec. 2023 was 17.26%.

Warning Sign:

Kyosha Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2%.


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

TSE:6837' s Gross Margin % Range Over the Past 10 Years
Min: 15.74   Med: 17.48   Max: 20.22
Current: 17.91


During the past 13 years, the highest Gross Margin % of Kyosha Co was 20.22%. The lowest was 15.74%. And the median was 17.48%.

TSE:6837's Gross Margin % is ranked worse than
65.33% of 2437 companies
in the Hardware industry
Industry Median: 24.47 vs TSE:6837: 17.91

Kyosha Co had a gross margin of 17.26% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Kyosha Co was -2.00% per year.


Kyosha Co Gross Margin % Historical Data

The historical data trend for Kyosha 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.

Kyosha Co Gross Margin % Chart

Kyosha 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 17.42 16.65 17.13 15.74 16.12

Kyosha 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 17.16 16.34 19.64 18.51 17.26

Competitive Comparison of Kyosha Co's Gross Margin %

For the Electronic Components subindustry, Kyosha 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.


Kyosha Co's Gross Margin % Distribution in the Hardware Industry

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

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



Kyosha Co Gross Margin % Calculation

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

Kyosha 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 )
=3943 / 24462
=(Revenue - Cost of Goods Sold) / Revenue
=(24462 - 20519) / 24462
=16.12 %

Kyosha 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 )
=1131 / 6552
=(Revenue - Cost of Goods Sold) / Revenue
=(6552 - 5421) / 6552
=17.26 %

* 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.


Kyosha Co  (TSE:6837) 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

Kyosha Co had a gross margin of 17.26% for the quarter that ended in Dec. 2023 => 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.


Kyosha Co Gross Margin % Related Terms

Thank you for viewing the detailed overview of Kyosha Co's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Kyosha Co (TSE:6837) Business Description

Traded in Other Exchanges
N/A
Address
300 Morimurahigashi, Kumiyama-cho, Kuse-gun, Kyoto, JPN, 6130024
Kyosha Co., Ltd. manufactures and sells printed wiring boards (PWBs), carrier jigs for mounting electrical components, and metal masks for solder paste in Japan, China, Southeast Asia, and the United States. The company offers dustless PWB Kyosha-MAX, single sided-multi-layered PWBs, and silver-plated through-hole PWBs, as well as PWB designing and prototyping services. It also provides MagiCarrier, a micro-component and thin board carrier; and MagiFix, a backup jig for solder print and mounter.

Kyosha Co (TSE:6837) Headlines

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