Aoyama Trading Co (TSE:8219) Operating Margin %: 4.74% (As of Dec. 2025) — 17% Below Median


TSE:8219 Aoyama Trading Co Ltd TSE:8219
69 GF Score
Price 円684.00
GF Value 円646.80
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Aoyama Trading Co Operating Margin %?

Aoyama Trading Co TSE:8219 +1.03% 69 Operating Margin % is 4.74% as of Dec. 2025, which is 17% below its 10-year median of 5.72. GuruFocus rates TSE:8219 with a GF Score™ of 69/100 and a GF Value™ of 円646.80 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,128 Retail - Cyclical companies, Aoyama Trading Co ranks better than 60.11% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Aoyama Trading Co's Operating Income for the three months ended in Dec. 2025 was 円2,220 Mil. Aoyama Trading Co's Revenue for the three months ended in Dec. 2025 was 円46,826 Mil. Therefore, Aoyama Trading Co's Operating Margin % for the quarter that ended in Dec. 2025 was 4.74%.

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

TSE:8219' s Operating Margin % Range Over the Past 10 Years
Min: -8.92   Med: 5.72   Max: 8.08
Current: 5.6


TSE:8219's Operating Margin % is ranked better than
60.11% of 1128 companies
in the Retail - Cyclical industry
Industry Median: 3.905 vs TSE:8219: 5.60

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

Aoyama Trading Co's Operating Income for the three months ended in Dec. 2025 was 円2,220 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was 円10,589 Mil.


Aoyama Trading Co  (TSE:8219) 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.


Aoyama Trading Co Operating Margin % Related Terms


Aoyama Trading Co Operating Margin % Historical Data

* Premium members only.

The historical data trend for Aoyama Trading 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.

Aoyama Trading Co Operating Margin % Chart

Aoyama Trading 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 1.31 4.03 6.15 6.45 5.60

Aoyama Trading Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 14.05 3.14 -3.37 4.74 13.77

TSE:8219 vs TJX, ROST, BURL: Operating Margin % Comparison

For the Apparel Retail subindustry, Aoyama Trading 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.


Aoyama Trading Co Operating Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Aoyama Trading Co's Operating Margin % distribution charts can be found below:

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


TSE:8219
69GF Score
Aoyama Trading Co Ltd TSE:8219
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aoyama Trading 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.

Aoyama Trading 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 )
=10589 / 189011
=5.60 %

Aoyama Trading Co'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 )
=2220 / 46826
=4.74 %

* 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 4.74% mean?
Aoyama Trading Co (TSE:8219) has a Operating Margin % of 4.74% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Aoyama Trading Co and its competitors. This is 17% below median its historical median of 5.72. According to the industry distribution chart, Aoyama Trading Co ranks #450 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 39.9%.
Is Aoyama Trading Co's Operating Margin % too high?
Aoyama Trading Co's current Operating Margin % of 4.74% is 17% below median its 10-year median of 5.72. The Retail - Cyclical industry median Operating Margin % is 3.91. Aoyama Trading Co's value of 4.74% is 21.4% above this industry median. Based on the distribution chart, Aoyama Trading Co ranks #450 out of 1128 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Aoyama Trading Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aoyama Trading Co's Operating Margin % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Aoyama Trading Co ranks #450 out of 1128 companies for Operating Margin %. This puts Aoyama Trading Co in the upper half of its industry. The industry median Operating Margin % is 3.91. Aoyama Trading Co's value of 4.74% is 21.4% above this benchmark. While the company's 10-year median is 5.72 vs. the industry median of 3.91, Aoyama Trading Co 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 Retail - Cyclical company?
The median Operating Margin % among Retail - Cyclical companies is 3.91, based on 1,128 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. Aoyama Trading Co's current Operating Margin % of 4.74% is 21.4% 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 Aoyama Trading Co and its competitors. For the Retail - Cyclical industry, the median Operating Margin % is 3.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aoyama Trading Co's current Operating Margin % is 4.74%, which is 17% below median its own 10-year median of 5.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aoyama Trading Co stock overvalued right now?
Based on GuruFocus' analysis, Aoyama Trading Co (TSE:8219) is currently considered Fairly Valued. The stock's GF Value™ is 円646.80, compared to a current price of 円684.00 — trading 5.8% above its estimated fair value. The current Operating Margin % is 4.74%, which is 17% below median its 10-year median of 5.72 and 21.4% above the Retail - Cyclical industry median of 3.91. Aoyama Trading Co's overall GF Score™ is 69/100 with 3 warning signs 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 Aoyama Trading Co (TSE:8219), the current Operating Margin % is 4.74% 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 Aoyama Trading Co (TSE:8219) Overvalued in 2026?

Based on GuruFocus' analysis, Aoyama Trading Co stock appears to be overvalued. The current stock price of 円684.00 is trading 5.8% above its estimated GF Value™ of 円646.80. GuruFocus considers Aoyama Trading Co to be Fairly Valued.

Key valuation signals for TSE:8219:

  • Operating Margin %: 4.74% (17% below median its 10-year median of 5.72)
  • GF Value™: 円646.80 vs. price of 円684.00 (5.8% above fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 21.4% above the Retail - Cyclical median (#450 of 1128)

No single metric tells the full story. See the TSE:8219 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aoyama Trading Co Business Description

Address 1-3-5 Ojimachi, Hiroshima Prefecture, Fukuyama, JPN, 721-8556
Aoyama Trading Co Ltd is an apparel retailer specializing in business wear. Men's business wear accounts for roughly two thirds of the company's total sales, while women's business wear accounts for roughly 10%. Business wear stores include Yofuku-no-Aoyama, which is the company's primary brand and has nearly 800 locations; The Suit Company; and Next Blue. Other business segments include casual wear, with store brands including Universal Language and Calaja; credit cards; printing and media; and total repair service, which includes the company's Mister Minit stores, providing repair services such as shoe repair and key duplication. Aoyama's sales are primarily in Japan, but the firm has business throughout the Asia-Pacific region.
69GF Score

Get the complete analysis for TSE:8219

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

円684.00
Price
円646.80
GF Value