KENKO Mayonnaise Co (TSE:2915) Operating Margin %: 4.76% (As of Mar. 2026) — 18% Above Median


TSE:2915 KENKO Mayonnaise Co Ltd TSE:2915
77 GF Score
Price 円2,010.00
GF Value 円2,094.61
Valuation Fairly Valued
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What is KENKO Mayonnaise Co Operating Margin %?

KENKO Mayonnaise Co TSE:2915 +1.67% 77 Operating Margin % is 4.76% as of Mar. 2026, which is 18% above its 10-year median of 4.05. GuruFocus rates TSE:2915 with a GF Score™ of 77/100 and a GF Value™ of 円2,094.61 (Fairly Valued). Among 1,951 Consumer Packaged Goods companies, KENKO Mayonnaise Co ranks worse than 54.13% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. KENKO Mayonnaise Co's Operating Income for the six months ended in Mar. 2026 was 円2,211 Mil. KENKO Mayonnaise Co's Revenue for the six months ended in Mar. 2026 was 円46,413 Mil. Therefore, KENKO Mayonnaise Co's Operating Margin % for the quarter that ended in Mar. 2026 was 4.76%.

Good Sign:

KENKO Mayonnaise Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

TSE:2915' s Operating Margin % Range Over the Past 10 Years
Min: 0.13   Med: 4.05   Max: 5.74
Current: 4.5


TSE:2915's Operating Margin % is ranked worse than
54.13% of 1951 companies
in the Consumer Packaged Goods industry
Industry Median: 5.26 vs TSE:2915: 4.50

KENKO Mayonnaise Co's 5-Year Average Operating Margin % Growth Rate was 26.30% per year.

KENKO Mayonnaise Co's Operating Income for the six months ended in Mar. 2026 was 円2,211 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was 円4,155 Mil.


KENKO Mayonnaise Co  (TSE:2915) 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.


KENKO Mayonnaise Co Operating Margin % Related Terms


KENKO Mayonnaise Co Operating Margin % Historical Data

* Premium members only.

The historical data trend for KENKO Mayonnaise Co'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.

KENKO Mayonnaise Co Operating Margin % Chart

KENKO Mayonnaise Co 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 2.14 0.13 3.32 5.28 4.50

KENKO Mayonnaise Co 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 4.82 6.88 3.65 4.23 4.76

TSE:2915 vs KHC, GIS: Operating Margin % Comparison

For the Packaged Foods subindustry, KENKO Mayonnaise Co'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.


KENKO Mayonnaise Co Operating Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, KENKO Mayonnaise Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where KENKO Mayonnaise Co's Operating Margin % falls into.


TSE:2915
77GF Score
KENKO Mayonnaise Co Ltd TSE:2915
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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KENKO Mayonnaise Co 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.

KENKO Mayonnaise Co'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 )
=4155 / 92354
=4.50 %

KENKO Mayonnaise Co'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 )
=2211 / 46413
=4.76 %

* 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 4.76% mean?
KENKO Mayonnaise Co (TSE:2915) has a Operating Margin % of 4.76% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on KENKO Mayonnaise Co and its competitors. This is 18% above median its historical median of 4.05. Over the past decade, KENKO Mayonnaise Co's Operating Margin % has ranged from 0.13 to 5.74. According to the industry distribution chart, KENKO Mayonnaise Co ranks #1056 out of 1951 companies in the Consumer Packaged Goods industry, placing it in the top 54.1%.
Is KENKO Mayonnaise Co's Operating Margin % too high?
KENKO Mayonnaise Co's current Operating Margin % of 4.76% is 18% above median its 10-year median of 4.05. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 5.74. The Consumer Packaged Goods industry median Operating Margin % is 5.26. KENKO Mayonnaise Co's value of 4.76% is 9.5% below this industry median. Based on the distribution chart, KENKO Mayonnaise Co ranks #1056 out of 1951 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, KENKO Mayonnaise Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KENKO Mayonnaise Co's Operating Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, KENKO Mayonnaise Co ranks #1056 out of 1951 companies for Operating Margin %. This places KENKO Mayonnaise Co in the lower half of its industry. The industry median Operating Margin % is 5.26. KENKO Mayonnaise Co's value of 4.76% is 9.5% below this benchmark. Historically, KENKO Mayonnaise Co's own Operating Margin % has ranged from 0.13 to 5.74 over the past decade. While the company's 10-year median is 4.05 vs. the industry median of 5.26, KENKO Mayonnaise Co has consistently been below 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 Consumer Packaged Goods company?
The median Operating Margin % among Consumer Packaged Goods companies is 5.26, based on 1,951 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. KENKO Mayonnaise Co's current Operating Margin % of 4.76% is 9.5% below 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 KENKO Mayonnaise Co and its competitors. For the Consumer Packaged Goods industry, the median Operating Margin % is 5.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KENKO Mayonnaise Co's current Operating Margin % is 4.76%, which is 18% above median its own 10-year median of 4.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KENKO Mayonnaise Co stock overvalued right now?
Based on GuruFocus' analysis, KENKO Mayonnaise Co (TSE:2915) is currently considered Fairly Valued. The stock's GF Value™ is 円2,094.61, compared to a current price of 円2,010.00 — trading 4% below its estimated fair value. The current Operating Margin % is 4.76%, which is 18% above median its 10-year median of 4.05 and 9.5% below the Consumer Packaged Goods industry median of 5.26. KENKO Mayonnaise Co's overall GF Score™ is 77/100. 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 KENKO Mayonnaise Co (TSE:2915), the current Operating Margin % is 4.76% 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 KENKO Mayonnaise Co (TSE:2915) Overvalued in 2026?

Based on GuruFocus' analysis, KENKO Mayonnaise Co stock appears to be undervalued. The current stock price of 円2,010.00 is trading 4% below its estimated GF Value™ of 円2,094.61. GuruFocus considers KENKO Mayonnaise Co to be Fairly Valued.

Key valuation signals for TSE:2915:

  • Operating Margin %: 4.76% (18% above median its 10-year median of 4.05)
  • GF Value™: 円2,094.61 vs. price of 円2,010.00 (4% below fair value)
  • GF Score™: 77/100
  • Industry Position: 9.5% below the Consumer Packaged Goods median (#1056 of 1951)

No single metric tells the full story. See the TSE:2915 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KENKO Mayonnaise Co Business Description

Address 3-8-13, Takaito Higashi, Suginami-ku, Tokyo, JPN
KENKO Mayonnaise Co Ltd is a food processing company, based in Japan. The company is engaged in the manufacturing, processing, and distribution of a variety of food products such as salads, delicatessen, mayonnaise, dressings, sauces and egg products. Also, the group is engaged in the shop operation and overseas business. Some of its products include GLOBAL mayonnaise; KENKO Restaurant Mayonnaise; Triple Balance Non Oil Bonito; Garlic Butter sauce; SOUZAITEI Frozen Thick Omelet H and others.
77GF Score

Get the complete analysis for TSE:2915

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

円2,010.00
Price
円2,094.61
GF Value