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Nitto Boseki Co (TSE:3110) Operating Margin % : 12.77% (As of Sep. 2024)


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What is Nitto Boseki Co Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Nitto Boseki Co's Operating Income for the three months ended in Sep. 2024 was 円3,439 Mil. Nitto Boseki Co's Revenue for the three months ended in Sep. 2024 was 円26,936 Mil. Therefore, Nitto Boseki Co's Operating Margin % for the quarter that ended in Sep. 2024 was 12.77%.

Warning Sign:

Nitto Boseki Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -5.5%.

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

TSE:3110' s Operating Margin % Range Over the Past 10 Years
Min: 5.58   Med: 9.69   Max: 13.58
Current: 13.58


TSE:3110's Operating Margin % is ranked better than
86.87% of 1036 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.255 vs TSE:3110: 13.58

Nitto Boseki Co's 5-Year Average Operating Margin % Growth Rate was -5.50% per year.

Nitto Boseki Co's Operating Income for the three months ended in Sep. 2024 was 円3,439 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2024 was 円14,494 Mil.


Nitto Boseki Co Operating Margin % Historical Data

The historical data trend for Nitto Boseki 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.

* Premium members only.

Nitto Boseki Co Operating Margin % Chart

Nitto Boseki Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.52 7.58 8.65 5.58 8.99

Nitto Boseki Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 10.22 10.64 14.96 12.77 15.68

Competitive Comparison of Nitto Boseki Co's Operating Margin %

For the Textile Manufacturing subindustry, Nitto Boseki 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.


Nitto Boseki Co's Operating Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nitto Boseki Co's Operating Margin % distribution charts can be found below:

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



Nitto Boseki 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.

Nitto Boseki Co's Operating Margin % for the fiscal year that ended in Mar. 2024 is calculated as

Operating Margin %=Operating Income (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=8388 / 93253
=8.99 %

Nitto Boseki Co's Operating Margin % for the quarter that ended in Sep. 2024 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=3439 / 26936
=12.77 %

* 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.


Nitto Boseki Co  (TSE:3110) 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.


Nitto Boseki Co Operating Margin % Related Terms

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Nitto Boseki Co Business Description

Traded in Other Exchanges
Address
2-4-1, Kojimachi, Chiyoda-ku, Tokyo, JPN, 102-8489
Nitto Boseki Co Ltd is engaged in the textile business. It operates in six segments: Textiles Business engages in the manufacture and sales of textiles products (core-spun yarn, stretch products, interlining and other finished products, etc.); Glass Fiber Yam Business engages in the manufacture and sales of glass raw fiber products (yarn, roving, chopped strands, etc.); Glass Fiber Cloth Business engages in the manufacture and sales of glass fiber functional products (glass cloth, etc.); Glass Fiber for Industrial Materials Business engages in the manufacture and sales of glass fiber products for use in industrial materials and the manufacture and sales of glass wool products (for use in thermal insulation materials); Life Science Business; and Other segment.

Nitto Boseki Co Headlines

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