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Murakami (TSE:7292) Gross Margin % : 15.68% (As of Sep. 2024)


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What is Murakami Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Murakami's Gross Profit for the three months ended in Sep. 2024 was 円4,323 Mil. Murakami's Revenue for the three months ended in Sep. 2024 was 円27,567 Mil. Therefore, Murakami's Gross Margin % for the quarter that ended in Sep. 2024 was 15.68%.

Warning Sign:

Murakami Corp gross margin has been in long-term decline. The average rate of decline per year is -5%.


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

TSE:7292' s Gross Margin % Range Over the Past 10 Years
Min: 14.38   Med: 17.34   Max: 19.22
Current: 15.27


During the past 13 years, the highest Gross Margin % of Murakami was 19.22%. The lowest was 14.38%. And the median was 17.34%.

TSE:7292's Gross Margin % is ranked worse than
67.16% of 1279 companies
in the Vehicles & Parts industry
Industry Median: 20.04 vs TSE:7292: 15.27

Murakami had a gross margin of 15.68% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Murakami was -5.00% per year.


Murakami Gross Margin % Historical Data

The historical data trend for Murakami'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.

Murakami Gross Margin % Chart

Murakami 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 18.13 15.92 16.40 14.38 15.37

Murakami Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 15.86 15.30 15.62 14.46 15.68

Competitive Comparison of Murakami's Gross Margin %

For the Auto Parts subindustry, Murakami'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.


Murakami's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Murakami's Gross Margin % distribution charts can be found below:

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



Murakami Gross Margin % Calculation

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

Murakami'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 )
=16076 / 104601
=(Revenue - Cost of Goods Sold) / Revenue
=(104601 - 88525) / 104601
=15.37 %

Murakami'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 )
=4323 / 27567
=(Revenue - Cost of Goods Sold) / Revenue
=(27567 - 23244) / 27567
=15.68 %

* 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.


Murakami  (TSE:7292) 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

Murakami had a gross margin of 15.68% 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.


Murakami Gross Margin % Related Terms

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


Murakami Business Description

Traded in Other Exchanges
N/A
Address
11-5 Tenma-cho, Aoi-ku, Shizuoka-city, Shizuoka, JPN, 420-8550
Murakami Corp manufactures and sells rear-view mirrors for automobiles and optical thin-film materials. The company offers rear-view mirror products, including hydrophilic clear mirrors, electro-chromic mirrors, aspheric mirrors, powerfold units, actuators, blind spot indicator mirrors, auto powerfold mirrors, exterior rear view mirrors with turn lamps and side cameras, projection lamps, and actuator units for electric vehicle inlet. It also provides opt-electronics solutions covering video equipment, such as dichronic mirrors and filters, UV cut and IR cut filters, bandpass filters, trimming filters, half mirrors for use in projectors, digital cameras. In addition, it offers various components, including projection mirror actuator units, navigation stands, and active spoiler controllers.

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