Okaya Electric Industries Co (TSE:6926) Gross Margin %: 11.06% (As of Mar. 2026) — 49% Below Median

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TSE:6926 Okaya Electric Industries Co Ltd TSE:6926
49 GF Score
Price 円189.00
GF Value 円181.24
Valuation Fairly Valued
! 5 Warning Signs
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What is Okaya Electric Industries Co Gross Margin %?

Okaya Electric Industries Co TSE:6926 +0.53% 49 Gross Margin % is 11.06% as of Mar. 2026, which is 49% below its 10-year median of 21.57. GuruFocus rates TSE:6926 with a GF Score™ of 49/100 and a GF Value™ of 円181.24 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,455 Hardware companies, Okaya Electric Industries Co ranks worse than 86.35% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Okaya Electric Industries Co's Gross Profit for the six months ended in Mar. 2026 was 円581 Mil. Okaya Electric Industries Co's Revenue for the six months ended in Mar. 2026 was 円5,248 Mil. Therefore, Okaya Electric Industries Co's Gross Margin % for the quarter that ended in Mar. 2026 was 11.06%.

Warning Sign:

Okaya Electric Industries Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -16.7%.


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

TSE:6926' s Gross Margin % Range Over the Past 10 Years
Min: 9.11   Med: 21.57   Max: 26.33
Current: 9.11


During the past 13 years, the highest Gross Margin % of Okaya Electric Industries Co was 26.33%. The lowest was 9.11%. And the median was 21.57%.

TSE:6926's Gross Margin % is ranked worse than
86.35% of 2455 companies
in the Hardware industry
Industry Median: 24.52 vs TSE:6926: 9.11

Okaya Electric Industries Co had a gross margin of 11.06% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Okaya Electric Industries Co was -16.70% per year.


Okaya Electric Industries Co  (TSE:6926) 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

Okaya Electric Industries Co had a gross margin of 11.06% for the quarter that ended in Mar. 2026 => 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.


Okaya Electric Industries Co Gross Margin % Related Terms


Okaya Electric Industries Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Okaya Electric Industries 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.

Okaya Electric Industries Co Gross Margin % Chart

Okaya Electric Industries Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.64 20.92 22.22 9.45 9.11

Okaya Electric Industries Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 18.51 10.16 8.81 7.05 11.06

TSE:6926 vs APH, GLW: Gross Margin % Comparison

For the Electronic Components subindustry, Okaya Electric Industries 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.


Okaya Electric Industries Co Gross Margin % vs Hardware Industry

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

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


TSE:6926
49GF Score
Okaya Electric Industries Co Ltd TSE:6926
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Okaya Electric Industries Co Gross Margin % Calculation

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

Okaya Electric Industries Co's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=931.7 / 10228.629
=(Revenue - Cost of Goods Sold) / Revenue
=(10228.629 - 9296.924) / 10228.629
=9.11 %

Okaya Electric Industries Co's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=580.6 / 5247.563
=(Revenue - Cost of Goods Sold) / Revenue
=(5247.563 - 4666.991) / 5247.563
=11.06 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 11.06% mean?
Okaya Electric Industries Co (TSE:6926) has a Gross Margin % of 11.06% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Okaya Electric Industries Co and its competitors. This is 49% below median its historical median of 21.57. Over the past decade, Okaya Electric Industries Co's Gross Margin % has ranged from 9.11 to 26.33. According to the industry distribution chart, Okaya Electric Industries Co ranks #2120 out of 2455 companies in the Hardware industry, placing it in the top 86.4%.
Is Okaya Electric Industries Co's Gross Margin % too high?
Okaya Electric Industries Co's current Gross Margin % of 11.06% is 49% below median its 10-year median of 21.57. Over the past 10 years, this metric has ranged from a low of 9.11 to a high of 26.33. The Hardware industry median Gross Margin % is 24.52. Okaya Electric Industries Co's value of 11.06% is 54.9% below this industry median. Based on the distribution chart, Okaya Electric Industries Co ranks #2120 out of 2455 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Okaya Electric Industries Co has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Okaya Electric Industries Co's Gross Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Okaya Electric Industries Co ranks #2120 out of 2455 companies for Gross Margin %. This places Okaya Electric Industries Co in the lower half of its industry. The industry median Gross Margin % is 24.52. Okaya Electric Industries Co's value of 11.06% is 54.9% below this benchmark. Historically, Okaya Electric Industries Co's own Gross Margin % has ranged from 9.11 to 26.33 over the past decade. While the company's 10-year median is 21.57 vs. the industry median of 24.52, Okaya Electric Industries Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Hardware company?
The median Gross Margin % among Hardware companies is 24.52, based on 2,455 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Okaya Electric Industries Co's current Gross Margin % of 11.06% is 54.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Okaya Electric Industries Co and its competitors. For the Hardware industry, the median Gross Margin % is 24.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okaya Electric Industries Co's current Gross Margin % is 11.06%, which is 49% below median its own 10-year median of 21.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okaya Electric Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Okaya Electric Industries Co (TSE:6926) is currently considered Fairly Valued. The stock's GF Value™ is 円181.24, compared to a current price of 円189.00 — trading 4.3% above its estimated fair value. The current Gross Margin % is 11.06%, which is 49% below median its 10-year median of 21.57 and 54.9% below the Hardware industry median of 24.52. Okaya Electric Industries Co's overall GF Score™ is 49/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Okaya Electric Industries Co (TSE:6926), the current Gross Margin % is 11.06% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Okaya Electric Industries Co (TSE:6926) Overvalued in 2026?

Based on GuruFocus' analysis, Okaya Electric Industries Co stock appears to be overvalued. The current stock price of 円189.00 is trading 4.3% above its estimated GF Value™ of 円181.24. GuruFocus considers Okaya Electric Industries Co to be Fairly Valued.

Key valuation signals for TSE:6926:

  • Gross Margin %: 11.06% (49% below median its 10-year median of 21.57)
  • GF Value™: 円181.24 vs. price of 円189.00 (4.3% above fair value)
  • GF Score™: 49/100 with 5 warning signs
  • Industry Position: 54.9% below the Hardware median (#2120 of 2455)

No single metric tells the full story. See the TSE:6926 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Okaya Electric Industries Co Business Description

Address 6-16-9 Todoroki, Setagaya-ku, Tokyo, JPN, 158-8543
Okaya Electric Industries Co Ltd engages in the design, manufacture, and sale of electric components and equipment. Its product category includes: Noise-related Products, Surge-related Products, LED related Products, Sensor-related Products. Noise-related Products includes noise suppression capacitors, high pulse & snubber capacitors, spark quenchers, noise filters, and coil filters. Surge-related Products include surge absorbers. LED related Products covers LED lighting devices, LED indicators, and field sequential multi-color liquid crystal display (LCD) module. The Sensor-related Products consist light emitting diode (LED) sensors. The Other Noise products segment provides coil filters.
49GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円189.00
Price
円181.24
GF Value