Meiwa (TSE:8103) Gross Margin %: 8.34% (As of Mar. 2026) — 12% Above Median

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TSE:8103 Meiwa Corp TSE:8103
75 GF Score
Price 円900.00
GF Value 円755.49
Valuation Modestly Overvalued
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What is Meiwa Gross Margin %?

Meiwa TSE:8103 -1.10% 75 Gross Margin % is 8.34% as of Mar. 2026, which is 12% above its 10-year median of 7.45. GuruFocus rates TSE:8103 with a GF Score™ of 75/100 and a GF Value™ of 円755.49 (Modestly Overvalued). Among 155 Industrial Distribution companies, Meiwa ranks worse than 92.26% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Meiwa's Gross Profit for the six months ended in Mar. 2026 was 円7,357 Mil. Meiwa's Revenue for the six months ended in Mar. 2026 was 円88,214 Mil. Therefore, Meiwa's Gross Margin % for the quarter that ended in Mar. 2026 was 8.34%.


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

TSE:8103' s Gross Margin % Range Over the Past 10 Years
Min: 7.19   Med: 7.45   Max: 8.65
Current: 8.65


During the past 13 years, the highest Gross Margin % of Meiwa was 8.65%. The lowest was 7.19%. And the median was 7.45%.

TSE:8103's Gross Margin % is ranked worse than
92.26% of 155 companies
in the Industrial Distribution industry
Industry Median: 24.34 vs TSE:8103: 8.65

Meiwa had a gross margin of 8.34% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Meiwa was 2.70% per year.


Meiwa  (TSE:8103) 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

Meiwa had a gross margin of 8.34% 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.


Meiwa Gross Margin % Related Terms


Meiwa Gross Margin % Historical Data

* Premium members only.

The historical data trend for Meiwa'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.

Meiwa Gross Margin % Chart

Meiwa 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 7.62 7.47 7.30 8.01 8.65

Meiwa 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 7.42 7.41 8.61 9.01 8.34

TSE:8103 vs GWW, FAST, FERG: Gross Margin % Comparison

For the Industrial Distribution subindustry, Meiwa'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.


Meiwa Gross Margin % vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Meiwa's Gross Margin % distribution charts can be found below:

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


TSE:8103
75GF Score
Meiwa Corp TSE:8103
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Meiwa Gross Margin % Calculation

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

Meiwa'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 )
=14268 / 164927
=(Revenue - Cost of Goods Sold) / Revenue
=(164927 - 150659) / 164927
=8.65 %

Meiwa'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 )
=7357 / 88214
=(Revenue - Cost of Goods Sold) / Revenue
=(88214 - 80857) / 88214
=8.34 %

* 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 8.34% mean?
Meiwa (TSE:8103) has a Gross Margin % of 8.34% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Meiwa and its competitors. This is 12% above median its historical median of 7.45. Over the past decade, Meiwa's Gross Margin % has ranged from 7.19 to 8.65. According to the industry distribution chart, Meiwa ranks #143 out of 155 companies in the Industrial Distribution industry, placing it in the top 92.3%.
Is Meiwa's Gross Margin % too high?
Meiwa's current Gross Margin % of 8.34% is 12% above median its 10-year median of 7.45. Over the past 10 years, this metric has ranged from a low of 7.19 to a high of 8.65. The Industrial Distribution industry median Gross Margin % is 24.34. Meiwa's value of 8.34% is 65.7% below this industry median. Based on the distribution chart, Meiwa ranks #143 out of 155 companies in the Industrial Distribution industry, which is in the bottom quartile relative to peers. Overall, Meiwa has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meiwa's Gross Margin % compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Meiwa ranks #143 out of 155 companies for Gross Margin %. This places Meiwa in the lower half of its industry. The industry median Gross Margin % is 24.34. Meiwa's value of 8.34% is 65.7% below this benchmark. Historically, Meiwa's own Gross Margin % has ranged from 7.19 to 8.65 over the past decade. While the company's 10-year median is 7.45 vs. the industry median of 24.34, Meiwa 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 an Industrial Distribution company?
The median Gross Margin % among Industrial Distribution companies is 24.34, based on 155 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. Meiwa's current Gross Margin % of 8.34% is 65.7% 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 Meiwa and its competitors. For the Industrial Distribution industry, the median Gross Margin % is 24.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meiwa's current Gross Margin % is 8.34%, which is 12% above median its own 10-year median of 7.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiwa stock overvalued right now?
Based on GuruFocus' analysis, Meiwa (TSE:8103) is currently considered Modestly Overvalued. The stock's GF Value™ is 円755.49, compared to a current price of 円900.00 — trading 19.1% above its estimated fair value. The current Gross Margin % is 8.34%, which is 12% above median its 10-year median of 7.45 and 65.7% below the Industrial Distribution industry median of 24.34. Meiwa's overall GF Score™ is 75/100. 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 Meiwa (TSE:8103), the current Gross Margin % is 8.34% 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 Meiwa (TSE:8103) Overvalued in 2026?

Based on GuruFocus' analysis, Meiwa stock appears to be overvalued. The current stock price of 円900.00 is trading 19.1% above its estimated GF Value™ of 円755.49. GuruFocus considers Meiwa to be Modestly Overvalued.

Key valuation signals for TSE:8103:

  • Gross Margin %: 8.34% (12% above median its 10-year median of 7.45)
  • GF Value™: 円755.49 vs. price of 円900.00 (19.1% above fair value)
  • GF Score™: 75/100
  • Industry Position: 65.7% below the Industrial Distribution median (#143 of 155)

No single metric tells the full story. See the TSE:8103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meiwa Business Description

Address 3-3-1 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-8311
Meiwa Corp is a Japan-based company. Along with its subsidiaries, the company operates in the following reportable segments: First Business, Second Business, Third Business, Battery and Automotive Business Division, and Others. Maximum revenue for the group is generated from the Third Business segment, which offers film products, papermaking chemicals, adhesives, synthetic resin raw materials, synthetic resin products, and inorganic chemicals. The First Business is engaged in trading earths and rare metals, flame retardants, heat insulation, waterproofing, and interior materials. Second Business represents its petroleum products business, covering lubricants to base oil, and additives, and the Battery and Automotive division invests in battery materials and offers automotive parts.
75GF Score

Get the complete analysis for TSE:8103

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

円900.00
Price
円755.49
GF Value