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Kankyou No Mikata (TSE:9224) Operating Margin % : 9.06% (As of Mar. 2024)


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What is Kankyou No Mikata Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Kankyou No Mikata's Operating Income for the six months ended in Mar. 2024 was 円104 Mil. Kankyou No Mikata's Revenue for the six months ended in Mar. 2024 was 円1,143 Mil. Therefore, Kankyou No Mikata's Operating Margin % for the quarter that ended in Mar. 2024 was 9.06%.

The historical rank and industry rank for Kankyou No Mikata's Operating Margin % or its related term are showing as below:

TSE:9224' s Operating Margin % Range Over the Past 10 Years
Min: 2.29   Med: 8.84   Max: 14.74
Current: 5.19


TSE:9224's Operating Margin % is not ranked
in the Waste Management industry.
Industry Median: 7.015 vs TSE:9224: 5.19

Kankyou No Mikata's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Kankyou No Mikata's Operating Income for the six months ended in Mar. 2024 was 円104 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was 円107 Mil.


Kankyou No Mikata Operating Margin % Historical Data

The historical data trend for Kankyou No Mikata'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.

Kankyou No Mikata Operating Margin % Chart

Kankyou No Mikata Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Operating Margin %
9.69 14.74 7.99 2.29

Kankyou No Mikata Semi-Annual Data
Sep20 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Operating Margin % Get a 7-Day Free Trial 11.53 4.28 4.16 0.41 9.06

Competitive Comparison of Kankyou No Mikata's Operating Margin %

For the Waste Management subindustry, Kankyou No Mikata'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.


Kankyou No Mikata's Operating Margin % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Kankyou No Mikata's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Kankyou No Mikata's Operating Margin % falls into.



Kankyou No Mikata 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.

Kankyou No Mikata's Operating Margin % for the fiscal year that ended in Sep. 2023 is calculated as

Operating Margin %=Operating Income (A: Sep. 2023 ) / Revenue (A: Sep. 2023 )
=42.467 / 1852.973
=2.29 %

Kankyou No Mikata's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=103.543 / 1143.125
=9.06 %

* 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.


Kankyou No Mikata  (TSE:9224) 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.


Kankyou No Mikata Operating Margin % Related Terms

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Kankyou No Mikata (TSE:9224) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1019 Kamishinden, Shizuoka Prefecture, Yaizu, JPN, 421-0206
Kankyou No Mikata Inc is a is a general waste collection and transportation business. The company collect garbage in Yaizu City, Fujieda City, Shimada City, Yoshida Town, Makinohara City, Omaezaki City, and Kawanehon Town in Shizuoka Prefecture. It operations includes regular collection of business waste to collection of oversized waste and waste generated by moving and cleaning up.

Kankyou No Mikata (TSE:9224) Headlines

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