Sanritsu (TSE:9366) Gross Margin %: 21.88% (As of Mar. 2026) — Near Median


TSE:9366 Sanritsu Corp TSE:9366
70 GF Score
Price 円1,000.00
GF Value 円830.68
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Sanritsu Gross Margin %?

Sanritsu TSE:9366 70 Gross Margin % is 21.88% as of Mar. 2026, which is 6% above its 10-year median of 20.56. GuruFocus rates TSE:9366 with a GF Score™ of 70/100 and a GF Value™ of 円830.68 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 977 Transportation companies, Sanritsu ranks better than 52% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Sanritsu's Gross Profit for the six months ended in Mar. 2026 was 円2,315 Mil. Sanritsu's Revenue for the six months ended in Mar. 2026 was 円10,579 Mil. Therefore, Sanritsu's Gross Margin % for the quarter that ended in Mar. 2026 was 21.88%.


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

TSE:9366' s Gross Margin % Range Over the Past 10 Years
Min: 18.77   Med: 20.56   Max: 22.55
Current: 21.26


During the past 13 years, the highest Gross Margin % of Sanritsu was 22.55%. The lowest was 18.77%. And the median was 20.56%.

TSE:9366's Gross Margin % is ranked better than
52% of 977 companies
in the Transportation industry
Industry Median: 20.42 vs TSE:9366: 21.26

Sanritsu had a gross margin of 21.88% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Sanritsu was 1.00% per year.


Sanritsu  (TSE:9366) 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

Sanritsu had a gross margin of 21.88% for the quarter that ended in Mar. 2026 => 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.


Sanritsu Gross Margin % Related Terms


Sanritsu Gross Margin % Historical Data

* Premium members only.

The historical data trend for Sanritsu'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.

Sanritsu Gross Margin % Chart

Sanritsu 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 20.74 20.37 22.55 21.87 21.26

Sanritsu 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 23.67 21.75 21.98 20.60 21.88

TSE:9366 vs UPS, FDX, JBHT: Gross Margin % Comparison

For the Integrated Freight & Logistics subindustry, Sanritsu'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.


Sanritsu Gross Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Sanritsu's Gross Margin % distribution charts can be found below:

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


TSE:9366
70GF Score
Sanritsu Corp TSE:9366
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sanritsu Gross Margin % Calculation

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

Sanritsu'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 )
=4365.5 / 20532.915
=(Revenue - Cost of Goods Sold) / Revenue
=(20532.915 - 16167.445) / 20532.915
=21.26 %

Sanritsu'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 )
=2314.6 / 10579.08
=(Revenue - Cost of Goods Sold) / Revenue
=(10579.08 - 8264.475) / 10579.08
=21.88 %

* 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 21.88% mean?
Sanritsu (TSE:9366) has a Gross Margin % of 21.88% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Sanritsu and its competitors. This is near median its historical median of 20.56. Over the past decade, Sanritsu's Gross Margin % has ranged from 18.77 to 22.55. According to the industry distribution chart, Sanritsu ranks #469 out of 977 companies in the Transportation industry, placing it in the top 48%.
Is Sanritsu's Gross Margin % too high?
Sanritsu's current Gross Margin % of 21.88% is near median its 10-year median of 20.56. Over the past 10 years, this metric has ranged from a low of 18.77 to a high of 22.55. The Transportation industry median Gross Margin % is 20.42. Sanritsu's value of 21.88% is 7.1% above this industry median. Based on the distribution chart, Sanritsu ranks #469 out of 977 companies in the Transportation industry, which is above the industry midpoint. Overall, Sanritsu has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sanritsu's Gross Margin % compare to UPS and FDX?
According to the Transportation industry distribution chart, Sanritsu ranks #469 out of 977 companies for Gross Margin %. This puts Sanritsu in the upper half of its industry. The industry median Gross Margin % is 20.42. Sanritsu's value of 21.88% is 7.1% above this benchmark. Historically, Sanritsu's own Gross Margin % has ranged from 18.77 to 22.55 over the past decade. While the company's 10-year median is 20.56 vs. the industry median of 20.42, Sanritsu has consistently been above 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 Transportation company?
The median Gross Margin % among Transportation companies is 20.42, based on 977 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. Sanritsu's current Gross Margin % of 21.88% is 7.1% above 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 Sanritsu and its competitors. For the Transportation industry, the median Gross Margin % is 20.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanritsu's current Gross Margin % is 21.88%, which is near median its own 10-year median of 20.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanritsu stock overvalued right now?
Based on GuruFocus' analysis, Sanritsu (TSE:9366) is currently considered Modestly Overvalued. The stock's GF Value™ is 円830.68, compared to a current price of 円1,000.00 — trading 20.4% above its estimated fair value. The current Gross Margin % is 21.88%, which is near median its 10-year median of 20.56 and 7.1% above the Transportation industry median of 20.42. Sanritsu's overall GF Score™ is 70/100 with 8 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 Sanritsu (TSE:9366), the current Gross Margin % is 21.88% 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 Sanritsu (TSE:9366) Overvalued in 2026?

Based on GuruFocus' analysis, Sanritsu stock appears to be overvalued. The current stock price of 円1,000.00 is trading 20.4% above its estimated GF Value™ of 円830.68. GuruFocus considers Sanritsu to be Modestly Overvalued.

Key valuation signals for TSE:9366:

  • Gross Margin %: 21.88% (near median its 10-year median of 20.56)
  • GF Value™: 円830.68 vs. price of 円1,000.00 (20.4% above fair value)
  • GF Score™: 70/100 with 8 warning signs
  • Industry Position: 7.1% above the Transportation median (#469 of 977)

No single metric tells the full story. See the TSE:9366 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sanritsu Business Description

Address 12-32 Konan 2-chome, Minato-ku, Tokyo, JPN, 108-0075
Sanritsu Corp is a Japan-based company engaged in the logistics business, mainly focusing on packaging, transportation, and warehousing. Along with its subsidiaries, the company operates in the following reportable segments: Packaging business, Transport business, Warehousing business, and the Rental building business. The majority of its revenue is generated from the Packaging business, which is involved in packaging and wooden box manufacturing for electronic and communication equipment, glass products, machine tools, medical equipment, etc. The Transportation segment transports goods by truck; the warehousing business involves storage, warehousing, and rental; and the rental building business involves the rental of offices and apartment buildings.
70GF Score

Get the complete analysis for TSE:9366

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

円1,000.00
Price
円830.68
GF Value