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Mitachi Co (TSE:3321) Net Margin % : 3.19% (As of May. 2024)


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What is Mitachi Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Mitachi Co's Net Income for the three months ended in May. 2024 was 円293 Mil. Mitachi Co's Revenue for the three months ended in May. 2024 was 円9,185 Mil. Therefore, Mitachi Co's net margin for the quarter that ended in May. 2024 was 3.19%.

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

TSE:3321' s Net Margin % Range Over the Past 10 Years
Min: 1.35   Med: 2.09   Max: 3.91
Current: 3.14


TSE:3321's Net Margin % is ranked better than
53.21% of 2445 companies
in the Hardware industry
Industry Median: 2.62 vs TSE:3321: 3.14

Mitachi Co Net Margin % Historical Data

The historical data trend for Mitachi Co'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.

* Premium members only.

Mitachi Co Net Margin % Chart

Mitachi Co Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.47 1.96 3.45 3.91 3.14

Mitachi Co Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
Net 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 1.96 3.14 3.87 2.32 3.19

Competitive Comparison of Mitachi Co's Net Margin %

For the Electronic Components subindustry, Mitachi Co'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.


Mitachi Co's Net Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Mitachi Co's Net Margin % distribution charts can be found below:

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



Mitachi Co 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.

Mitachi Co's Net Margin for the fiscal year that ended in May. 2024 is calculated as

Net Margin=Net Income (A: May. 2024 )/Revenue (A: May. 2024 )
=1222.526/38899.784
=3.14 %

Mitachi Co's Net Margin for the quarter that ended in May. 2024 is calculated as

Net Margin=Net Income (Q: May. 2024 )/Revenue (Q: May. 2024 )
=292.957/9184.562
=3.19 %

* 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.


Mitachi Co  (TSE:3321) 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.


Mitachi Co Net Margin % Related Terms

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Mitachi Co Business Description

Traded in Other Exchanges
N/A
Address
2-11-28, Iseyama, Naka-ku, Nagoya-shi, Aichi, JPN, 460-0026
Mitachi Co Ltd is engaged in the sale of electronics devices such as semiconductor, LCD, as well as electronics components, and motors for various electronics industries such as car electronics, amusement, industrial equipment, consumer equipment, communication equipment, and so on. It offers various products such as universal integrated circuits (ICs), diodes, transistors, optical semiconductors and system large-scale integration (LSI); liquid crystal products, such as liquid crystal modules; electronic components, including resistors, condensers, switches and electronic printed boards.

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