HIDAY HIDAKA (TSE:7611) Gross Margin % : 71.69% (As of Nov. 2023)

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What is HIDAY HIDAKA Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. HIDAY HIDAKA's Gross Profit for the three months ended in Nov. 2023 was 円8,817 Mil. HIDAY HIDAKA's Revenue for the three months ended in Nov. 2023 was 円12,299 Mil. Therefore, HIDAY HIDAKA's Gross Margin % for the quarter that ended in Nov. 2023 was 71.69%.

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

TSE:7611' s Gross Margin % Range Over the Past 10 Years
Min: 71.71 Med: 72.64 Max: 73.05
Current: 71.94

During the past 13 years, the highest Gross Margin % of HIDAY HIDAKA was 73.05%. The lowest was 71.71%. And the median was 72.64%.

TSE:7611's Gross Margin % is ranked better than
91.25% of 343 companies
in the Restaurants industry
Industry Median: 47.32 vs TSE:7611: 71.94

HIDAY HIDAKA had a gross margin of 71.69% for the quarter that ended in Nov. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for HIDAY HIDAKA was -0.30% per year.

HIDAY HIDAKA Gross Margin % Historical Data

The historical data trend for HIDAY HIDAKA'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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HIDAY HIDAKA Gross Margin % Chart

HIDAY HIDAKA Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Gross Margin %

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72.59

71.71

72.38

71.93

71.94

HIDAY HIDAKA Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Gross Margin %	Get a 7-Day Free Trial															71.91	72.33	72.11	71.69	71.67

Competitive Comparison of HIDAY HIDAKA's Gross Margin %

For the Restaurants subindustry, HIDAY HIDAKA'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.

HIDAY HIDAKA's Gross Margin % Distribution in the Restaurants Industry

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

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

HIDAY HIDAKA Gross Margin % Calculation

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

HIDAY HIDAKA's Gross Margin for the fiscal year that ended in Feb. 2024 is calculated as

Gross Margin % (A: Feb. 2024 )	=	Gross Profit (A: Feb. 2024 )	/	Revenue (A: Feb. 2024 )
	=	35088.5	/	48772.224
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(48772.224 - 13683.752)	/	48772.224
	=	71.94 %

HIDAY HIDAKA's Gross Margin for the quarter that ended in Nov. 2023 is calculated as

Gross Margin % (Q: Nov. 2023 )	=	Gross Profit (Q: Nov. 2023 )	/	Revenue (Q: Nov. 2023 )
	=	8816.9	/	12299.33
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(12299.33 - 3482.435)	/	12299.33
	=	71.69 %

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.

HIDAY HIDAKA (TSE:7611) 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

HIDAY HIDAKA had a gross margin of 71.69% for the quarter that ended in Nov. 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.

HIDAY HIDAKA Gross Margin % Related Terms

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HIDAY HIDAKA (TSE:7611) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » HIDAY HIDAKA Corp (TSE:7611) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building 6F, Saitama, JPN, 3-105

Website

http://www.hiday.co.jp

HIDAY HIDAKA Corp Is a Japan-based company principally engaged in the business of restaurant chains operation. It operates through its chain of Hidaka restaurants. The company through its stores in metropolitan areas, offers food menu which includes dishes like gyozo, ramen, Chinese rice, stir-fry dishes such as Mabo Tofu, dumplings and Chinese Donburu and other Chinese dishes. Ramen is the signboard menu of the company which is used along with soup, noodles, sliced chowder, Tonkotsu and chicken stock. Customers of the company range from students to businesspeople, late-shift workers, and seniors.

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