Hakuten (TSE:2173) Operating Margin %: 10.94% (As of Dec. 2025) — 141% Above Median

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TSE:2173 Hakuten Corp TSE:2173
69 GF Score
Price 円697.00
GF Value 円967.56
Valuation Modestly Undervalued
View Full Analysis

What is Hakuten Operating Margin %?

Hakuten TSE:2173 -1.83% 69 Operating Margin % is 10.94% as of Dec. 2025, which is 141% above its 10-year median of 4.54. GuruFocus rates TSE:2173 with a GF Score™ of 69/100 and a GF Value™ of 円967.56 (Modestly Undervalued). Among 1,013 Media - Diversified companies, Hakuten ranks better than 77.1% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Hakuten's Operating Income for the six months ended in Dec. 2025 was 円1,424 Mil. Hakuten's Revenue for the six months ended in Dec. 2025 was 円13,022 Mil. Therefore, Hakuten's Operating Margin % for the quarter that ended in Dec. 2025 was 10.94%.

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

TSE:2173' s Operating Margin % Range Over the Past 10 Years
Min: -8.08   Med: 4.54   Max: 11.11
Current: 11.11


TSE:2173's Operating Margin % is ranked better than
77.1% of 1013 companies
in the Media - Diversified industry
Industry Median: 2.42 vs TSE:2173: 11.11

Hakuten's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Hakuten's Operating Income for the six months ended in Dec. 2025 was 円1,424 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was 円2,593 Mil.


Hakuten  (TSE:2173) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Hakuten Operating Margin % Related Terms


Hakuten Operating Margin % Historical Data

* Premium members only.

The historical data trend for Hakuten's Operating 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.

Hakuten Operating Margin % Chart

Hakuten Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.08 5.01 5.30 7.40 11.11

Hakuten Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Jun24 Dec24 Jun25 Dec25
Operating 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 1.26 10.01 4.39 11.33 10.94

TSE:2173 vs APP, OMC, TTD: Operating Margin % Comparison

For the Advertising Agencies subindustry, Hakuten's Operating Margin %, along with its competitors' market caps and Operating 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.


Hakuten Operating Margin % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hakuten's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Hakuten's Operating Margin % falls into.


TSE:2173
69GF Score
Hakuten Corp TSE:2173
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hakuten Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Hakuten's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=2592.866 / 23336.351
=11.11 %

Hakuten's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=1424.406 / 13021.836
=10.94 %

* 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 Operating Margin % →
What does a Operating Margin % of 10.94% mean?
Hakuten (TSE:2173) has a Operating Margin % of 10.94% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Hakuten and its competitors. This is 141% above median its historical median of 4.54. According to the industry distribution chart, Hakuten ranks #232 out of 1013 companies in the Media - Diversified industry, placing it in the top 22.9%.
Is Hakuten's Operating Margin % too high?
Hakuten's current Operating Margin % of 10.94% is 141% above median its 10-year median of 4.54. The Media - Diversified industry median Operating Margin % is 2.42. Hakuten's value of 10.94% is 352.1% above this industry median. Based on the distribution chart, Hakuten ranks #232 out of 1013 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Hakuten has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hakuten's Operating Margin % compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Hakuten ranks #232 out of 1013 companies for Operating Margin %. This places Hakuten in the top 23% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 2.42. Hakuten's value of 10.94% is 352.1% above this benchmark. While the company's 10-year median is 4.54 vs. the industry median of 2.42, Hakuten 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 Operating Margin % for a Media - Diversified company?
The median Operating Margin % among Media - Diversified companies is 2.42, based on 1,013 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hakuten's current Operating Margin % of 10.94% is 352.1% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Hakuten and its competitors. For the Media - Diversified industry, the median Operating Margin % is 2.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hakuten's current Operating Margin % is 10.94%, which is 141% above median its own 10-year median of 4.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hakuten stock overvalued right now?
Based on GuruFocus' analysis, Hakuten (TSE:2173) is currently considered Modestly Undervalued. The stock's GF Value™ is 円967.56, compared to a current price of 円697.00 — trading 28% below its estimated fair value. The current Operating Margin % is 10.94%, which is 141% above median its 10-year median of 4.54 and 352.1% above the Media - Diversified industry median of 2.42. Hakuten's overall GF Score™ is 69/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Hakuten (TSE:2173), the current Operating Margin % is 10.94% as of Dec. 2025. 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 Hakuten (TSE:2173) Overvalued in 2026?

Based on GuruFocus' analysis, Hakuten stock appears to be undervalued. The current stock price of 円697.00 is trading 28% below its estimated GF Value™ of 円967.56. GuruFocus considers Hakuten to be Modestly Undervalued.

Key valuation signals for TSE:2173:

  • Operating Margin %: 10.94% (141% above median its 10-year median of 4.54)
  • GF Value™: 円967.56 vs. price of 円697.00 (28% below fair value)
  • GF Score™: 69/100
  • Industry Position: 352.1% above the Media - Diversified median (#232 of 1013)

No single metric tells the full story. See the TSE:2173 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hakuten Business Description

Address 3-1-1 Kyobashi, 20th Floor, Tokyo Square Garden, Chuo-ku, Tokyo, JPN, 104-0031
Hakuten Corp is a Japan-based company engages in producing and sponsoring event promotions, exhibitions, business meetings, private shows, conferences, and conventions, among others. It is also engaged in the design, construction, and supervision of commercial spaces, such as road shows, conferences, and ceremonies, as well as the provision of digital marketing solutions.
69GF Score

Get the complete analysis for TSE:2173

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

円697.00
Price
円967.56
GF Value