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Tokyo Tatemono Co (TSE:8804) Operating Margin % : 19.91% (As of Dec. 2023)


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What is Tokyo Tatemono Co Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Tokyo Tatemono Co's Operating Income for the three months ended in Dec. 2023 was 円27,430 Mil. Tokyo Tatemono Co's Revenue for the three months ended in Dec. 2023 was 円137,747 Mil. Therefore, Tokyo Tatemono Co's Operating Margin % for the quarter that ended in Dec. 2023 was 19.91%.

Good Sign:

Tokyo Tatemono Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

TSE:8804' s Operating Margin % Range Over the Past 10 Years
Min: 12.89   Med: 16.49   Max: 18.76
Current: 18.76


TSE:8804's Operating Margin % is ranked better than
59.38% of 1775 companies
in the Real Estate industry
Industry Median: 13.33 vs TSE:8804: 18.76

Tokyo Tatemono Co's 5-Year Average Operating Margin % Growth Rate was 2.90% per year.

Tokyo Tatemono Co's Operating Income for the three months ended in Dec. 2023 was 円27,430 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was 円70,508 Mil.


Tokyo Tatemono Co Operating Margin % Historical Data

The historical data trend for Tokyo Tatemono 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.

Tokyo Tatemono Co Operating Margin % Chart

Tokyo Tatemono Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.22 14.82 17.27 18.43 18.75

Tokyo Tatemono Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 11.57 23.05 14.30 12.01 19.91

Competitive Comparison of Tokyo Tatemono Co's Operating Margin %

For the Real Estate Services subindustry, Tokyo Tatemono 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.


Tokyo Tatemono Co's Operating Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tokyo Tatemono Co's Operating Margin % distribution charts can be found below:

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



Tokyo Tatemono 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.

Tokyo Tatemono Co's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=70508 / 375946
=18.75 %

Tokyo Tatemono Co's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=27430 / 137747
=19.91 %

* 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.


Tokyo Tatemono Co  (TSE:8804) 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.


Tokyo Tatemono Co Operating Margin % Related Terms

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Tokyo Tatemono Co (TSE:8804) Business Description

Traded in Other Exchanges
Address
9-9, Yaesu 1-chome, Chuo-ku, Tokyo, JPN, 103-8285
Tokyo Tatemono Co Ltd is operative in Japan's real estate sector through its associates. Its interest lies in residential and commercial property development and provision of real estate related solutions such as brokerage, leasing and handling real estate applications. The company relies on its two core business lines which are, residential and commercial property sales. Tokyo Tatemono's residential portfolio is comprised of the Brillia brand of properties that are offered for sale or on a rental basis. Its commercial properties are located in prime areas of cosmopolitan Japan.

Tokyo Tatemono Co (TSE:8804) Headlines

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