The Why How Do Co (TSE:3823) Net Margin %: -31.77% (As of Feb. 2026)


TSE:3823 The Why How Do Co Inc TSE:3823
44 GF Score
Price 円28.00
GF Value 円59.35
Valuation Possible Value Trap
! 4 Warning Signs
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What is The Why How Do Co Net Margin %?

The Why How Do Co TSE:3823 -6.67% 44 Net Margin % is -31.77% as of Feb. 2026. GuruFocus rates TSE:3823 with a GF Score™ of 44/100 and a GF Value™ of 円59.35 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,824 Software companies, The Why How Do Co ranks worse than 77.23% on this metric.

Net margin is calculated as Net Income divided by its Revenue. The Why How Do Co's Net Income for the six months ended in Feb. 2026 was 円-540 Mil. The Why How Do Co's Revenue for the six months ended in Feb. 2026 was 円1,699 Mil. Therefore, The Why How Do Co's net margin for the quarter that ended in Feb. 2026 was -31.77%.

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

TSE:3823' s Net Margin % Range Over the Past 10 Years
Min: -128.62   Med: -35.2   Max: 0.5
Current: -20.44


TSE:3823's Net Margin % is ranked worse than
77.23% of 2824 companies
in the Software industry
Industry Median: 2.525 vs TSE:3823: -20.44

The Why How Do Co  (TSE:3823) 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.


The Why How Do Co Net Margin % Related Terms


The Why How Do Co Net Margin % Historical Data

* Premium members only.

The historical data trend for The Why How Do 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.

The Why How Do Co Net Margin % Chart

The Why How Do Co Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -64.45 -43.88 -36.93 -128.62 -3.94

The Why How Do Co Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 -46.15 -214.23 -8.54 0.01 -31.77

TSE:3823 vs CRM, SHOP, UBER: Net Margin % Comparison

For the Software - Application subindustry, The Why How Do 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.


The Why How Do Co Net Margin % vs Software Industry

For the Software industry and Technology sector, The Why How Do Co's Net Margin % distribution charts can be found below:

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


TSE:3823
44GF Score
The Why How Do Co Inc TSE:3823
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Why How Do 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.

The Why How Do Co's Net Margin for the fiscal year that ended in Aug. 2025 is calculated as

Net Margin=Net Income (A: Aug. 2025 )/Revenue (A: Aug. 2025 )
=-69.043/1751.539
=-3.94 %

The Why How Do Co's Net Margin for the quarter that ended in Feb. 2026 is calculated as

Net Margin=Net Income (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=-539.864/1699.032
=-31.77 %

* 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 -31.77% mean?
The Why How Do Co (TSE:3823) has a Net Margin % of -31.77% as of Feb. 2026. Net margin is the ratio of total net income to net sales. View historical data on The Why How Do Co and its competitors. According to the industry distribution chart, The Why How Do Co ranks #2181 out of 2824 companies in the Software industry, placing it in the top 77.2%.
Is The Why How Do Co's Net Margin % too high?
The Why How Do Co's current Net Margin % is -31.77%. Based on the distribution chart, The Why How Do Co ranks #2181 out of 2824 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, The Why How Do Co has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does The Why How Do Co's Net Margin % compare to CRM and SHOP?
According to the Software industry distribution chart, The Why How Do Co ranks #2181 out of 2824 companies for Net Margin %. This places The Why How Do Co in the lower half of its industry. The industry median Net Margin % is 2.53. 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 Software company?
The median Net Margin % among Software companies is 2.53, based on 2,824 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. 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 The Why How Do Co and its competitors. For the Software industry, the median Net Margin % is 2.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Why How Do Co's current Net Margin % is -31.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Why How Do Co stock overvalued right now?
Based on GuruFocus' analysis, The Why How Do Co (TSE:3823) is currently considered Possible Value Trap. The stock's GF Value™ is 円59.35, compared to a current price of 円28.00 — trading 52.8% below its estimated fair value. The current Net Margin % is -31.77%. The Why How Do Co's overall GF Score™ is 44/100 with 4 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 The Why How Do Co (TSE:3823), the current Net Margin % is -31.77% as of Feb. 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 The Why How Do Co (TSE:3823) Overvalued in 2026?

Based on GuruFocus' analysis, The Why How Do Co stock appears to be undervalued. The current stock price of 円28.00 is trading 52.8% below its estimated GF Value™ of 円59.35. GuruFocus considers The Why How Do Co to be Possible Value Trap.

Key valuation signals for TSE:3823:

  • Net Margin %: -31.77%
  • GF Value™: 円59.35 vs. price of 円28.00 (52.8% below fair value)
  • GF Score™: 44/100 with 4 warning signs

No single metric tells the full story. See the TSE:3823 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Why How Do Co Business Description

Address 22 Aizumi-cho, Daisan Yamada Building, Shinjuku-ku, Tokyo, JPN, 160-0005
The Why How Do Co Inc formerly Acrodea Inc is a software company. It is mainly engaged in the development of platform services for smartphones and IoT related solutions. In addition, the company provides social game and application related development and services.
44GF Score

Get the complete analysis for TSE:3823

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

円28.00
Price
円59.35
GF Value