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Futonmaki Jiro (TSE:9167) Gross Margin % : 28.20% (As of Dec. 2022)


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What is Futonmaki Jiro Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Futonmaki Jiro's Gross Profit for the six months ended in Dec. 2022 was 円214.5 Mil. Futonmaki Jiro's Revenue for the six months ended in Dec. 2022 was 円760.6 Mil. Therefore, Futonmaki Jiro's Gross Margin % for the quarter that ended in Dec. 2022 was 28.20%.


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

TSE:9167' s Gross Margin % Range Over the Past 10 Years
Min: 28.2   Med: 29.74   Max: 31.28
Current: 28.2


During the past 2 years, the highest Gross Margin % of Futonmaki Jiro was 31.28%. The lowest was 28.20%. And the median was 29.74%.

TSE:9167's Gross Margin % is not ranked
in the Personal Services industry.
Industry Median: 45.165 vs TSE:9167: 28.20

Futonmaki Jiro had a gross margin of 28.20% for the quarter that ended in Dec. 2022 => Competition eroding margins

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


Futonmaki Jiro Gross Margin % Historical Data

The historical data trend for Futonmaki Jiro'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.

Futonmaki Jiro Gross Margin % Chart

Futonmaki Jiro Annual Data
Trend Dec21 Dec22
Gross Margin %
31.28 28.20

Futonmaki Jiro Semi-Annual Data
Dec21 Dec22
Gross Margin % 31.28 28.20

Competitive Comparison of Futonmaki Jiro's Gross Margin %

For the Personal Services subindustry, Futonmaki Jiro'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.


Futonmaki Jiro's Gross Margin % Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Futonmaki Jiro's Gross Margin % distribution charts can be found below:

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



Futonmaki Jiro Gross Margin % Calculation

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

Futonmaki Jiro's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=214.5 / 760.569
=(Revenue - Cost of Goods Sold) / Revenue
=(760.569 - 546.099) / 760.569
=28.20 %

Futonmaki Jiro's Gross Margin for the quarter that ended in Dec. 2022 is calculated as


Gross Margin % (Q: Dec. 2022 )=Gross Profit (Q: Dec. 2022 ) / Revenue (Q: Dec. 2022 )
=214.5 / 760.569
=(Revenue - Cost of Goods Sold) / Revenue
=(760.569 - 546.099) / 760.569
=28.20 %

* 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.


Futonmaki Jiro  (TSE:9167) 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

Futonmaki Jiro had a gross margin of 28.20% for the quarter that ended in Dec. 2022 => Competition eroding margins


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.


Futonmaki Jiro Gross Margin % Related Terms

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Futonmaki Jiro (TSE:9167) Business Description

Traded in Other Exchanges
N/A
Address
3014-3 Uetomatsuricho, Uetomatsuri Building A 2nd floor, Tochigi, Utsunomiya, JPN, 320-0051
Futonmaki Jiro Inc is engaged in providing laundry services for household futon mattresses, Blankets, Sheet covers, Pillow, etc. It operates in Laundromat stores under the Futonmaki-no-Jiro brand.

Futonmaki Jiro (TSE:9167) Headlines

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