Maruhachi Warehouse Co (TSE:9313) Operating Margin %: 13.54% (As of May. 2026) — 11% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:9313 Maruhachi Warehouse Co Ltd TSE:9313
66 GF Score
Price 円1,062.00
GF Value 円838.04
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Maruhachi Warehouse Co Operating Margin %?

Maruhachi Warehouse Co TSE:9313 66 Operating Margin % is 13.54% as of May. 2026, which is 11% above its 10-year median of 12.22. GuruFocus rates TSE:9313 with a GF Score™ of 66/100 and a GF Value™ of 円838.04 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,067 Business Services companies, Maruhachi Warehouse Co ranks better than 68.51% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Maruhachi Warehouse Co's Operating Income for the three months ended in May. 2026 was 円173 Mil. Maruhachi Warehouse Co's Revenue for the three months ended in May. 2026 was 円1,277 Mil. Therefore, Maruhachi Warehouse Co's Operating Margin % for the quarter that ended in May. 2026 was 13.54%.

Warning Sign:

Maruhachi Warehouse Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -8%.

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

TSE:9313' s Operating Margin % Range Over the Past 10 Years
Min: 10.09   Med: 12.22   Max: 15.72
Current: 10.8


TSE:9313's Operating Margin % is ranked better than
68.51% of 1067 companies
in the Business Services industry
Industry Median: 6.37 vs TSE:9313: 10.80

Maruhachi Warehouse Co's 5-Year Average Operating Margin % Growth Rate was -8.00% per year.

Maruhachi Warehouse Co's Operating Income for the three months ended in May. 2026 was 円173 Mil. Its Operating Income for the trailing twelve months (TTM) ended in May. 2026 was 円540 Mil.


Maruhachi Warehouse Co  (TSE:9313) 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.


Maruhachi Warehouse Co Operating Margin % Related Terms


Maruhachi Warehouse Co Operating Margin % Historical Data

* Premium members only.

The historical data trend for Maruhachi Warehouse 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.

Maruhachi Warehouse Co Operating Margin % Chart

Maruhachi Warehouse Co Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.37 12.01 11.55 12.41 10.09

Maruhachi Warehouse Co Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 May25 Aug25 Nov25 Feb26 May26
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 0.00 12.92 4.84 11.79 13.54

TSE:9313 vs CTAS, CPRT, GPN: Operating Margin % Comparison

For the Specialty Business Services subindustry, Maruhachi Warehouse 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.


Maruhachi Warehouse Co Operating Margin % vs Business Services Industry

For the Business Services industry and Industrials sector, Maruhachi Warehouse Co's Operating Margin % distribution charts can be found below:

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


TSE:9313
66GF Score
Maruhachi Warehouse Co Ltd TSE:9313
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maruhachi Warehouse 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.

Maruhachi Warehouse Co's Operating Margin % for the fiscal year that ended in Nov. 2025 is calculated as

Operating Margin %=Operating Income (A: Nov. 2025 ) / Revenue (A: Nov. 2025 )
=497.304 / 4931.022
=10.09 %

Maruhachi Warehouse Co's Operating Margin % for the quarter that ended in May. 2026 is calculated as

Operating Margin %=Operating Income (Q: May. 2026 ) / Revenue (Q: May. 2026 )
=172.962 / 1277.037
=13.54 %

* 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 13.54% mean?
Maruhachi Warehouse Co (TSE:9313) has a Operating Margin % of 13.54% as of May. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Maruhachi Warehouse Co and its competitors. This is 11% above median its historical median of 12.22. Over the past decade, Maruhachi Warehouse Co's Operating Margin % has ranged from 10.09 to 15.72. According to the industry distribution chart, Maruhachi Warehouse Co ranks #336 out of 1067 companies in the Business Services industry, placing it in the top 31.5%.
Is Maruhachi Warehouse Co's Operating Margin % too high?
Maruhachi Warehouse Co's current Operating Margin % of 13.54% is 11% above median its 10-year median of 12.22. Over the past 10 years, this metric has ranged from a low of 10.09 to a high of 15.72. The Business Services industry median Operating Margin % is 6.37. Maruhachi Warehouse Co's value of 13.54% is 112.6% above this industry median. Based on the distribution chart, Maruhachi Warehouse Co ranks #336 out of 1067 companies in the Business Services industry, which is above the industry midpoint. Overall, Maruhachi Warehouse Co has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maruhachi Warehouse Co's Operating Margin % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Maruhachi Warehouse Co ranks #336 out of 1067 companies for Operating Margin %. This puts Maruhachi Warehouse Co in the upper half of its industry. The industry median Operating Margin % is 6.37. Maruhachi Warehouse Co's value of 13.54% is 112.6% above this benchmark. Historically, Maruhachi Warehouse Co's own Operating Margin % has ranged from 10.09 to 15.72 over the past decade. While the company's 10-year median is 12.22 vs. the industry median of 6.37, Maruhachi Warehouse 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 Business Services company?
The median Operating Margin % among Business Services companies is 6.37, based on 1,067 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. Maruhachi Warehouse Co's current Operating Margin % of 13.54% is 112.6% 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 Maruhachi Warehouse Co and its competitors. For the Business Services industry, the median Operating Margin % is 6.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maruhachi Warehouse Co's current Operating Margin % is 13.54%, which is 11% above median its own 10-year median of 12.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruhachi Warehouse Co stock overvalued right now?
Based on GuruFocus' analysis, Maruhachi Warehouse Co (TSE:9313) is currently considered Modestly Overvalued. The stock's GF Value™ is 円838.04, compared to a current price of 円1,062.00 — trading 26.7% above its estimated fair value. The current Operating Margin % is 13.54%, which is 11% above median its 10-year median of 12.22 and 112.6% above the Business Services industry median of 6.37. Maruhachi Warehouse Co's overall GF Score™ is 66/100 with 6 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 Maruhachi Warehouse Co (TSE:9313), the current Operating Margin % is 13.54% as of May. 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 Maruhachi Warehouse Co (TSE:9313) Overvalued in 2026?

Based on GuruFocus' analysis, Maruhachi Warehouse Co stock appears to be overvalued. The current stock price of 円1,062.00 is trading 26.7% above its estimated GF Value™ of 円838.04. GuruFocus considers Maruhachi Warehouse Co to be Modestly Overvalued.

Key valuation signals for TSE:9313:

  • Operating Margin %: 13.54% (11% above median its 10-year median of 12.22)
  • GF Value™: 円838.04 vs. price of 円1,062.00 (26.7% above fair value)
  • GF Score™: 66/100 with 6 warning signs
  • Industry Position: 112.6% above the Business Services median (#336 of 1067)

No single metric tells the full story. See the TSE:9313 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maruhachi Warehouse Co Business Description

Address 2-1-9 Tomioka, Koto Ward, Tokyo HF Monzennakacho Building, 4th Floor, Tokyo, JPN, 135-0047
Maruhachi Warehouse Co Ltd operates warehouses and distribution centers. It reports its activities as two business segments - Logistics Business and Real Estate Business. The majority of its revenue is derived from the Logistics business segment. Its services include warehousing, warehousing leasing, cargo disposal of goods, freight transportation, real estate, and brokerage.
66GF Score

Get the complete analysis for TSE:9313

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

円1,062.00
Price
円838.04
GF Value