Gourmet Kineya Co (TSE:9850) Gross Margin % : 35.99% (As of Dec. 2023)

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What is Gourmet Kineya Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Gourmet Kineya Co's Gross Profit for the three months ended in Dec. 2023 was 円4,081 Mil. Gourmet Kineya Co's Revenue for the three months ended in Dec. 2023 was 円11,338 Mil. Therefore, Gourmet Kineya Co's Gross Margin % for the quarter that ended in Dec. 2023 was 35.99%.

Warning Sign:

Gourmet Kineya Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.3%.

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

TSE:9850' s Gross Margin % Range Over the Past 10 Years
Min: 30.75 Med: 38.15 Max: 39.43
Current: 35.74

During the past 13 years, the highest Gross Margin % of Gourmet Kineya Co was 39.43%. The lowest was 30.75%. And the median was 38.15%.

TSE:9850's Gross Margin % is ranked worse than
68.71% of 342 companies
in the Restaurants industry
Industry Median: 47.36 vs TSE:9850: 35.74

Gourmet Kineya Co had a gross margin of 35.99% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Gourmet Kineya Co was -2.30% per year.

Gourmet Kineya Co Gross Margin % Historical Data

The historical data trend for Gourmet Kineya 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.

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Gourmet Kineya Co Gross Margin % Chart

Gourmet Kineya Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

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38.59

36.92

30.75

34.10

36.20

Gourmet Kineya Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															35.21	34.49	35.46	36.69	35.99

Competitive Comparison of Gourmet Kineya Co's Gross Margin %

For the Restaurants subindustry, Gourmet Kineya 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.

Gourmet Kineya Co's Gross Margin % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Gourmet Kineya Co's Gross Margin % distribution charts can be found below:

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

Gourmet Kineya Co Gross Margin % Calculation

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

Gourmet Kineya 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 )
	=	10821.1	/	29894.005
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(29894.005 - 19072.913)	/	29894.005
	=	36.20 %

Gourmet Kineya 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 )
	=	4080.7	/	11337.808
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(11337.808 - 7257.097)	/	11337.808
	=	35.99 %

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.

Gourmet Kineya Co (TSE:9850) 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

Gourmet Kineya Co had a gross margin of 35.99% for the quarter that ended in Dec. 2023 => 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.

Gourmet Kineya Co Gross Margin % Related Terms

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Gourmet Kineya Co (TSE:9850) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Gourmet Kineya Co Ltd (TSE:9850) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4, No. 7, No. 3-chome, Osaka, JPN

Website

http://www.gourmet-kineya.co.jp

Gourmet Kineya Co Ltd engages in the management of restaurants. The firm operates a chain of stores serving udon, soba, sushi, and western-style cuisine and ethnic-themed restaurants. It is also engaged in offering in-flight catering and food services. In addition, the company is involved in the production, processing, and sale of frozen food; general property leasing services; railway and passenger transportation services; sale of Japanese rice and seafood products; customs clearance and bonded storage business.

Gourmet Kineya Co (TSE:9850) Headlines

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