Makiya Co (TSE:9890) Gross Margin %: 23.81% (As of Mar. 2026) — Near Median

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TSE:9890 Makiya Co Ltd TSE:9890
84 GF Score
Price 円1,394.00
GF Value 円1,262.54
Valuation Fairly Valued
! 3 Warning Signs
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What is Makiya Co Gross Margin %?

Makiya Co TSE:9890 -0.14% 84 Gross Margin % is 23.81% as of Mar. 2026, which is 5% above its 10-year median of 22.70. GuruFocus rates TSE:9890 with a GF Score™ of 84/100 and a GF Value™ of 円1,262.54 (Fairly Valued). The stock has 3 warning signs investors should review. Among 304 Retail - Defensive companies, Makiya Co ranks worse than 52.63% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Makiya Co's Gross Profit for the three months ended in Mar. 2026 was 円5,470 Mil. Makiya Co's Revenue for the three months ended in Mar. 2026 was 円22,968 Mil. Therefore, Makiya Co's Gross Margin % for the quarter that ended in Mar. 2026 was 23.81%.


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

TSE:9890' s Gross Margin % Range Over the Past 10 Years
Min: 21.3   Med: 22.7   Max: 24.28
Current: 23.7


During the past 13 years, the highest Gross Margin % of Makiya Co was 24.28%. The lowest was 21.30%. And the median was 22.70%.

TSE:9890's Gross Margin % is ranked worse than
52.63% of 304 companies
in the Retail - Defensive industry
Industry Median: 24.225 vs TSE:9890: 23.70

Makiya Co had a gross margin of 23.81% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Makiya Co was 1.20% per year.


Makiya Co  (TSE:9890) 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

Makiya Co had a gross margin of 23.81% 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.


Makiya Co Gross Margin % Related Terms


Makiya Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Makiya 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.

Makiya Co Gross Margin % Chart

Makiya Co 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 23.58 23.49 23.09 24.28 23.74

Makiya Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 24.20 23.68 23.31 23.81 24.02

TSE:9890 vs KR: Gross Margin % Comparison

For the Grocery Stores subindustry, Makiya 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.


Makiya Co Gross Margin % vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Makiya Co's Gross Margin % distribution charts can be found below:

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


TSE:9890
84GF Score
Makiya Co Ltd TSE:9890
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Makiya Co Gross Margin % Calculation

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

Makiya Co'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 )
=22239.8 / 93673.481
=(Revenue - Cost of Goods Sold) / Revenue
=(93673.481 - 71433.643) / 93673.481
=23.74 %

Makiya Co'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 )
=5469.6 / 22968.387
=(Revenue - Cost of Goods Sold) / Revenue
=(22968.387 - 17498.761) / 22968.387
=23.81 %

* 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 23.81% mean?
Makiya Co (TSE:9890) has a Gross Margin % of 23.81% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Makiya Co and its competitors. This is near median its historical median of 22.70. Over the past decade, Makiya Co's Gross Margin % has ranged from 21.30 to 24.28. According to the industry distribution chart, Makiya Co ranks #160 out of 304 companies in the Retail - Defensive industry, placing it in the top 52.6%.
Is Makiya Co's Gross Margin % too high?
Makiya Co's current Gross Margin % of 23.81% is near median its 10-year median of 22.70. Over the past 10 years, this metric has ranged from a low of 21.30 to a high of 24.28. The Retail - Defensive industry median Gross Margin % is 24.23. Makiya Co's value of 23.81% is 1.7% below this industry median. Based on the distribution chart, Makiya Co ranks #160 out of 304 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Makiya Co has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Makiya Co's Gross Margin % compare to KR?
According to the Retail - Defensive industry distribution chart, Makiya Co ranks #160 out of 304 companies for Gross Margin %. This places Makiya Co in the lower half of its industry. The industry median Gross Margin % is 24.23. Makiya Co's value of 23.81% is 1.7% below this benchmark. Historically, Makiya Co's own Gross Margin % has ranged from 21.30 to 24.28 over the past decade. While the company's 10-year median is 22.70 vs. the industry median of 24.23, Makiya Co 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 a Retail - Defensive company?
The median Gross Margin % among Retail - Defensive companies is 24.23, based on 304 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. Makiya Co's current Gross Margin % of 23.81% is 1.7% 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 Makiya Co and its competitors. For the Retail - Defensive industry, the median Gross Margin % is 24.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Makiya Co's current Gross Margin % is 23.81%, which is near median its own 10-year median of 22.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Makiya Co stock overvalued right now?
Based on GuruFocus' analysis, Makiya Co (TSE:9890) is currently considered Fairly Valued. The stock's GF Value™ is 円1,262.54, compared to a current price of 円1,394.00 — trading 10.4% above its estimated fair value. The current Gross Margin % is 23.81%, which is near median its 10-year median of 22.70 and 1.7% below the Retail - Defensive industry median of 24.23. Makiya Co's overall GF Score™ is 84/100 with 3 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 Makiya Co (TSE:9890), the current Gross Margin % is 23.81% 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 Makiya Co (TSE:9890) Overvalued in 2026?

Based on GuruFocus' analysis, Makiya Co stock appears to be overvalued. The current stock price of 円1,394.00 is trading 10.4% above its estimated GF Value™ of 円1,262.54. GuruFocus considers Makiya Co to be Fairly Valued.

Key valuation signals for TSE:9890:

  • Gross Margin %: 23.81% (near median its 10-year median of 22.70)
  • GF Value™: 円1,262.54 vs. price of 円1,394.00 (10.4% above fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 1.7% below the Retail - Defensive median (#160 of 304)

No single metric tells the full story. See the TSE:9890 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Makiya Co Business Description

Address Obuchi 2373, Shizuoka, Fuji City, JPN
Makiya Co Ltd is engaged in operating chain stores. The stores are operated under the name Espot, Potato, and Mamy in Japan.
84GF Score

Get the complete analysis for TSE:9890

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

円1,394.00
Price
円1,262.54
GF Value