Core (TSE:2359) Operating Margin %: 15.45% (As of Mar. 2026) — 50% Above Median


TSE:2359 Core Corp TSE:2359
80 GF Score
Price 円2,005.00
GF Value 円2,075.23
Valuation Fairly Valued
! 1 Warning Sign
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What is Core Operating Margin %?

Core TSE:2359 -1.23% 80 Operating Margin % is 15.45% as of Mar. 2026, which is 50% above its 10-year median of 10.32. GuruFocus rates TSE:2359 with a GF Score™ of 80/100 and a GF Value™ of 円2,075.23 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,820 Software companies, Core ranks better than 79.93% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Core's Operating Income for the six months ended in Mar. 2026 was 円2,196 Mil. Core's Revenue for the six months ended in Mar. 2026 was 円14,216 Mil. Therefore, Core's Operating Margin % for the quarter that ended in Mar. 2026 was 15.45%.

Good Sign:

Core Corp operating margin is expanding. Margin expansion is usually a good sign.

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

TSE:2359' s Operating Margin % Range Over the Past 10 Years
Min: 5.98   Med: 10.32   Max: 14.4
Current: 14.4


TSE:2359's Operating Margin % is ranked better than
79.93% of 2820 companies
in the Software industry
Industry Median: 3.865 vs TSE:2359: 14.40

Core's 5-Year Average Operating Margin % Growth Rate was 7.50% per year.

Core's Operating Income for the six months ended in Mar. 2026 was 円2,196 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was 円3,820 Mil.


Core  (TSE:2359) 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.


Core Operating Margin % Related Terms


Core Operating Margin % Historical Data

* Premium members only.

The historical data trend for Core'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.

Core Operating Margin % Chart

Core Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.86 12.01 13.09 12.91 14.40

Core Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 14.36 11.15 14.53 13.18 15.45

TSE:2359 vs IBM, ACN, FISV: Operating Margin % Comparison

For the Information Technology Services subindustry, Core'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.


Core Operating Margin % vs Software Industry

For the Software industry and Technology sector, Core's Operating Margin % distribution charts can be found below:

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


TSE:2359
80GF Score
Core Corp TSE:2359
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Core 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.

Core's Operating Margin % for the fiscal year that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=3819.608 / 26532.025
=14.40 %

Core's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=2196.486 / 14216.396
=15.45 %

* 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 15.45% mean?
Core (TSE:2359) has a Operating Margin % of 15.45% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Core and its competitors. This is 50% above median its historical median of 10.32. Over the past decade, Core's Operating Margin % has ranged from 5.98 to 14.40. According to the industry distribution chart, Core ranks #566 out of 2820 companies in the Software industry, placing it in the top 20.1%.
Is Core's Operating Margin % too high?
Core's current Operating Margin % of 15.45% is 50% above median its 10-year median of 10.32. Over the past 10 years, this metric has ranged from a low of 5.98 to a high of 14.40. The Software industry median Operating Margin % is 3.87. Core's value of 15.45% is 299.7% above this industry median. Based on the distribution chart, Core ranks #566 out of 2820 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Core has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Core's Operating Margin % compare to IBM and ACN?
According to the Software industry distribution chart, Core ranks #566 out of 2820 companies for Operating Margin %. This places Core in the top 20% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 3.87. Core's value of 15.45% is 299.7% above this benchmark. Historically, Core's own Operating Margin % has ranged from 5.98 to 14.40 over the past decade. While the company's 10-year median is 10.32 vs. the industry median of 3.87, Core 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 Software company?
The median Operating Margin % among Software companies is 3.87, based on 2,820 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. Core's current Operating Margin % of 15.45% is 299.7% 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 Core and its competitors. For the Software industry, the median Operating Margin % is 3.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Core's current Operating Margin % is 15.45%, which is 50% above median its own 10-year median of 10.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Core stock overvalued right now?
Based on GuruFocus' analysis, Core (TSE:2359) is currently considered Fairly Valued. The stock's GF Value™ is 円2,075.23, compared to a current price of 円2,005.00 — trading 3.4% below its estimated fair value. The current Operating Margin % is 15.45%, which is 50% above median its 10-year median of 10.32 and 299.7% above the Software industry median of 3.87. Core's overall GF Score™ is 80/100 with 1 warning sign to review. 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 Core (TSE:2359), the current Operating Margin % is 15.45% 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.

Is Core (TSE:2359) Overvalued in 2026?

Based on GuruFocus' analysis, Core stock appears to be undervalued. The current stock price of 円2,005.00 is trading 3.4% below its estimated GF Value™ of 円2,075.23. GuruFocus considers Core to be Fairly Valued.

Key valuation signals for TSE:2359:

  • Operating Margin %: 15.45% (50% above median its 10-year median of 10.32)
  • GF Value™: 円2,075.23 vs. price of 円2,005.00 (3.4% below fair value)
  • GF Score™: 80/100 with 1 warning sign
  • Industry Position: 299.7% above the Software median (#566 of 2820)

No single metric tells the full story. See the TSE:2359 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Core Business Description

Address 1-22-3, Sangenjaya, Setagaya-ku, Tokyo, JPN, 154-8552
Core Corp is an independent information technology services company. It is organized into two business segments - System Integration business and product solutions business. The system integration segment focuses on embedded contract development in smartphones, automotive-related and equipment control fields. Its product solutions segment operates in the fields of security, cloud big data utilization cloud service, and global navigation satellite system. It primarily serves medical/healthcare, automobiles and agriculture markets.
80GF Score

Get the complete analysis for TSE:2359

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

円2,005.00
Price
円2,075.23
GF Value