Satoh (TSE:9996) Operating Margin %: 2.97% (As of Mar. 2026) — Near Median


TSE:9996 Satoh & Co Ltd TSE:9996
83 GF Score
Price 円1,955.00
GF Value 円2,019.21
Valuation Fairly Valued
! 1 Warning Sign
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What is Satoh Operating Margin %?

Satoh TSE:9996 +0.57% 83 Operating Margin % is 2.97% as of Mar. 2026, which is 2% above its 10-year median of 2.91. GuruFocus rates TSE:9996 with a GF Score™ of 83/100 and a GF Value™ of 円2,019.21 (Fairly Valued). The stock has 1 warning sign investors should review. Among 310 Retail - Defensive companies, Satoh ranks worse than 53.23% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Satoh's Operating Income for the six months ended in Mar. 2026 was 円771 Mil. Satoh's Revenue for the six months ended in Mar. 2026 was 円25,993 Mil. Therefore, Satoh's Operating Margin % for the quarter that ended in Mar. 2026 was 2.97%.

Good Sign:

Satoh & Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

TSE:9996' s Operating Margin % Range Over the Past 10 Years
Min: 2.2   Med: 2.91   Max: 3.39
Current: 3.09


TSE:9996's Operating Margin % is ranked worse than
53.23% of 310 companies
in the Retail - Defensive industry
Industry Median: 3.275 vs TSE:9996: 3.09

Satoh's 5-Year Average Operating Margin % Growth Rate was 9.30% per year.

Satoh's Operating Income for the six months ended in Mar. 2026 was 円771 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,572 Mil.


Satoh  (TSE:9996) 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.


Satoh Operating Margin % Related Terms


Satoh Operating Margin % Historical Data

* Premium members only.

The historical data trend for Satoh'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.

Satoh Operating Margin % Chart

Satoh 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 2.20 2.84 3.21 3.39 3.09

Satoh Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 3.26 3.33 3.46 3.22 2.97

TSE:9996 vs SYY, USFD, PFGC: Operating Margin % Comparison

For the Food Distribution subindustry, Satoh'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.


Satoh Operating Margin % vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Satoh's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Satoh's Operating Margin % falls into.


TSE:9996
83GF Score
Satoh & Co Ltd TSE:9996
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Satoh 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.

Satoh'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 )
=1571.652 / 50813.755
=3.09 %

Satoh's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=771.353 / 25992.58
=2.97 %

* 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 2.97% mean?
Satoh (TSE:9996) has a Operating Margin % of 2.97% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Satoh and its competitors. This is near median its historical median of 2.91. Over the past decade, Satoh's Operating Margin % has ranged from 2.20 to 3.39. According to the industry distribution chart, Satoh ranks #165 out of 310 companies in the Retail - Defensive industry, placing it in the top 53.2%.
Is Satoh's Operating Margin % too high?
Satoh's current Operating Margin % of 2.97% is near median its 10-year median of 2.91. Over the past 10 years, this metric has ranged from a low of 2.20 to a high of 3.39. The Retail - Defensive industry median Operating Margin % is 3.28. Satoh's value of 2.97% is 9.3% below this industry median. Based on the distribution chart, Satoh ranks #165 out of 310 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Satoh has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Satoh's Operating Margin % compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Satoh ranks #165 out of 310 companies for Operating Margin %. This places Satoh in the lower half of its industry. The industry median Operating Margin % is 3.28. Satoh's value of 2.97% is 9.3% below this benchmark. Historically, Satoh's own Operating Margin % has ranged from 2.20 to 3.39 over the past decade. While the company's 10-year median is 2.91 vs. the industry median of 3.28, Satoh has consistently been below 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 - Defensive company?
The median Operating Margin % among Retail - Defensive companies is 3.28, based on 310 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. Satoh's current Operating Margin % of 2.97% is 9.3% below 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 Satoh and its competitors. For the Retail - Defensive industry, the median Operating Margin % is 3.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Satoh's current Operating Margin % is 2.97%, which is near median its own 10-year median of 2.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Satoh stock overvalued right now?
Based on GuruFocus' analysis, Satoh (TSE:9996) is currently considered Fairly Valued. The stock's GF Value™ is 円2,019.21, compared to a current price of 円1,955.00 — trading 3.2% below its estimated fair value. The current Operating Margin % is 2.97%, which is near median its 10-year median of 2.91 and 9.3% below the Retail - Defensive industry median of 3.28. Satoh's overall GF Score™ is 83/100 with 1 warning sign 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 Satoh (TSE:9996), the current Operating Margin % is 2.97% as of Mar. 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 Satoh (TSE:9996) Overvalued in 2026?

Based on GuruFocus' analysis, Satoh stock appears to be undervalued. The current stock price of 円1,955.00 is trading 3.2% below its estimated GF Value™ of 円2,019.21. GuruFocus considers Satoh to be Fairly Valued.

Key valuation signals for TSE:9996:

  • Operating Margin %: 2.97% (near median its 10-year median of 2.91)
  • GF Value™: 円2,019.21 vs. price of 円1,955.00 (3.2% below fair value)
  • GF Score™: 83/100 with 1 warning sign
  • Industry Position: 9.3% below the Retail - Defensive median (#165 of 310)

No single metric tells the full story. See the TSE:9996 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Satoh Business Description

Address 5-6-22 Ohgimachi Miyagino-ku, Miyagi Prefecture, Sendai, JPN, 983-8556
Satoh & Co Ltd is engaged in selling food products. The products of the company include Confectionery and bread making ingredients, School and industrial lunch supplies, Lunch box and catering supplies, Prepared food supplies, and Food service supplies for hotels, restaurants, and others.
83GF Score

Get the complete analysis for TSE:9996

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

円1,955.00
Price
円2,019.21
GF Value