Top's (TSE:243A) Net Margin %: 2.79% (As of Mar. 2026) — 24% Above Median


TSE:243A Top's Inc TSE:243A
16 GF Score
Price 円1,122.00
! 5 Warning Signs
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What is Top's Net Margin %?

Top's TSE:243A 16 Net Margin % is 2.79% as of Mar. 2026, which is 24% above its 10-year median of 2.25. GuruFocus rates TSE:243A with a GF Score™ of 16/100. The stock has 5 warning signs investors should review.

Net margin is calculated as Net Income divided by its Revenue. Top's's Net Income for the six months ended in Mar. 2026 was 円60 Mil. Top's's Revenue for the six months ended in Mar. 2026 was 円2,135 Mil. Therefore, Top's's net margin for the quarter that ended in Mar. 2026 was 2.79%.

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

TSE:243A' s Net Margin % Range Over the Past 10 Years
Min: 1.15   Med: 2.25   Max: 3.32
Current: 1.7

TSE:243A's Net Margin % is not ranked
in the Restaurants industry.
Industry Median: 2.06 vs TSE:243A: 1.70

Top's  (TSE:243A) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Top's Net Margin % Related Terms

Top's Net Margin % Historical Data

* Premium members only.

The historical data trend for Top's's Net 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.

Top's Net Margin % Chart

Top's Annual Data
Trend Sep22 Sep23 Sep24 Sep25
Net Margin %
1.15 1.29 3.32 3.21

Top's Semi-Annual Data
Sep22 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Net Margin % Get a 7-Day Free Trial 9.68 -5.60 5.48 0.12 2.79

TSE:243A vs MCD, SBUX, CMG: Net Margin % Comparison

For the Restaurants subindustry, Top's's Net Margin %, along with its competitors' market caps and Net 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.

Top's Net Margin % vs Restaurants Industry

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

* The bar in red indicates where Top's's Net Margin % falls into.


TSE:243A
16GF Score
Top's Inc TSE:243A
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Top's Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Top's's Net Margin for the fiscal year that ended in Sep. 2025 is calculated as

Net Margin=Net Income (A: Sep. 2025 )/Revenue (A: Sep. 2025 )
=111.292/3469.276
=3.21 %

Top's's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=59.534/2135.363
=2.79 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 2.79% mean?
Top's (TSE:243A) has a Net Margin % of 2.79% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Top's and its competitors. This is 24% above median its historical median of 2.25. Over the past decade, Top's' Net Margin % has ranged from 1.15 to 3.32.
Is Top's' Net Margin % too high?
Top's' current Net Margin % of 2.79% is 24% above median its 10-year median of 2.25. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 3.32. The Restaurants industry median Net Margin % is 2.06. Top's' value of 2.79% is 35.4% above this industry median. Overall, Top's has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Top's' Net Margin % compare to MCD and SBUX?
Top's' Net Margin % of 2.79% can be compared against companies in the Restaurants industry. The industry median Net Margin % is 2.06. Top's' value of 2.79% is 35.4% above this benchmark. Historically, Top's' own Net Margin % has ranged from 1.15 to 3.32 over the past decade. While the company's 10-year median is 2.25 vs. the industry median of 2.06, Top's 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 Net Margin % for a Restaurants company?
The median Net Margin % among Restaurants companies is 2.06, based on 366 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Top's's current Net Margin % of 2.79% is 35.4% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Top's and its competitors. For the Restaurants industry, the median Net Margin % is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Top's's current Net Margin % is 2.79%, which is 24% above median its own 10-year median of 2.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top's stock overvalued right now?
Top's (TSE:243A) has a current Net Margin % of 2.79%. The current Net Margin % is 2.79%, which is 24% above median its 10-year median of 2.25 and 35.4% above the Restaurants industry median of 2.06. Top's' overall GF Score™ is 16/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Top's (TSE:243A), the current Net Margin % is 2.79% 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.

Top's Business Description

Address 3-16-11 Akasaka, Minato-ku, Tokyo, JPN, 107-0052
Top's Inc is engaged in manufacturing and selling of Western-style confectionery. The company is operating restaurants that serve light meals.
16GF Score

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

円1,122.00
Price