Nintendo Co (Nintendo Co) Gross Margin % : 51.16% (As of Dec. 2023)

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What is Nintendo Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Nintendo Co's Gross Profit for the three months ended in Dec. 2023 was $2,127 Mil. Nintendo Co's Revenue for the three months ended in Dec. 2023 was $4,157 Mil. Therefore, Nintendo Co's Gross Margin % for the quarter that ended in Dec. 2023 was 51.16%.

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

NTDOY' s Gross Margin % Range Over the Past 10 Years
Min: 28.55 Med: 42.78 Max: 56.78
Current: 56.78

During the past 13 years, the highest Gross Margin % of Nintendo Co was 56.78%. The lowest was 28.55%. And the median was 42.78%.

NTDOY's Gross Margin % is ranked worse than
54.6% of 522 companies
in the Interactive Media industry
Industry Median: 60.98 vs NTDOY: 56.78

Nintendo Co had a gross margin of 51.16% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Nintendo Co was 8.40% per year.

Nintendo Co Gross Margin % Historical Data

The historical data trend for Nintendo 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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Nintendo Co Gross Margin % Chart

Nintendo Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

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41.75

49.04

55.17

55.80

55.28

Nintendo 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															47.96	61.26	60.93	57.01	51.16

Competitive Comparison of Nintendo Co's Gross Margin %

For the Electronic Gaming & Multimedia subindustry, Nintendo 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.

Nintendo Co's Gross Margin % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Nintendo Co's Gross Margin % distribution charts can be found below:

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

Nintendo Co Gross Margin % Calculation

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

Nintendo 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 )
	=	6624.4	/	11982.833
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(11982.833 - 5358.476)	/	11982.833
	=	55.28 %

Nintendo 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 )
	=	2126.7	/	4157.194
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(4157.194 - 2030.511)	/	4157.194
	=	51.16 %

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.

Nintendo Co (OTCPK:NTDOY) 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

Nintendo Co had a gross margin of 51.16% for the quarter that ended in Dec. 2023 => Durable 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.

Nintendo Co Gross Margin % Related Terms

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Nintendo Co (Nintendo Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Nintendo Co Ltd (OTCPK:NTDOY) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

NTDOF:USA 7974:Japan NTOA:Germany NTO:Austria

Address

11-1 Hokotate-cho, Kamitoba, Minami-ku, Kyoto, JPN, 601-8501

Website

http://www.nintendo.co.jp

Nintendo started its video game console business in 1983 by launching the NES, and started its portable console business in 1989 by launching the Game Boy. Since then, the firm has focused on expanding the gaming population by delivering unique entertainment experiences on its original console systems; the Wii and Nintendo DS are its most popular hardware. However, Nintendo not only makes game consoles, but also owns world-renowned IPs such as Super Mario, Pokemon, and Zelda, which have been a source of cash flow for 40 years. 2020 was the 35th anniversary of Super Mario, Nintendo's most famous character.