GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » HYOJITO Co Ltd (TSE:7368) » Definitions » Gross Margin %

HYOJITO Co (TSE:7368) Gross Margin % : 52.69% (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is HYOJITO Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. HYOJITO Co's Gross Profit for the three months ended in Dec. 2023 was 円1,341 Mil. HYOJITO Co's Revenue for the three months ended in Dec. 2023 was 円2,544 Mil. Therefore, HYOJITO Co's Gross Margin % for the quarter that ended in Dec. 2023 was 52.69%.


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

TSE:7368' s Gross Margin % Range Over the Past 10 Years
Min: 44.31   Med: 45.3   Max: 55.12
Current: 52.65


During the past 5 years, the highest Gross Margin % of HYOJITO Co was 55.12%. The lowest was 44.31%. And the median was 45.30%.

TSE:7368's Gross Margin % is ranked better than
68.88% of 964 companies
in the Media - Diversified industry
Industry Median: 38.52 vs TSE:7368: 52.65

HYOJITO Co had a gross margin of 52.69% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for HYOJITO Co was 0.00% per year.


HYOJITO Co Gross Margin % Historical Data

The historical data trend for HYOJITO 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.

HYOJITO Co Gross Margin % Chart

HYOJITO Co Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
45.30 44.31 44.31 55.12 52.55

HYOJITO Co Quarterly Data
Mar19 Mar20 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 52.06 49.49 55.16 53.90 52.69

Competitive Comparison of HYOJITO Co's Gross Margin %

For the Advertising Agencies subindustry, HYOJITO 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.


HYOJITO Co's Gross Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, HYOJITO Co's Gross Margin % distribution charts can be found below:

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



HYOJITO Co Gross Margin % Calculation

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

HYOJITO 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 )
=5234.4 / 9960.242
=(Revenue - Cost of Goods Sold) / Revenue
=(9960.242 - 4725.871) / 9960.242
=52.55 %

HYOJITO 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 )
=1340.6 / 2544.288
=(Revenue - Cost of Goods Sold) / Revenue
=(2544.288 - 1203.641) / 2544.288
=52.69 %

* 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.


HYOJITO Co  (TSE:7368) 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

HYOJITO Co had a gross margin of 52.69% for the quarter that ended in Dec. 2023 => Durable 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.


HYOJITO Co Gross Margin % Related Terms

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


HYOJITO Co (TSE:7368) Business Description

Traded in Other Exchanges
N/A
Address
4-2-11 Meieki, Nakamura-ku, Nagoya-shi, Aichi, Nagoya, JPN, 450-0002
HYOJITO Co Ltd provides general advertising agency services. It offers handling installation and operation of advertisements on station area guide maps, and advertising such as transit advertising and out-of-home advertising.

HYOJITO Co (TSE:7368) Headlines

No Headlines