Hakuten (TSE:2173) Pretax Margin %: 10.91% (As of Dec. 2025) — 180% Above Median

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TSE:2173 Hakuten Corp TSE:2173
69 GF Score
Price 円703.00
GF Value 円967.56
Valuation Modestly Undervalued
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What is Hakuten Pretax Margin %?

Hakuten TSE:2173 +0.86% 69 Pretax Margin % is 10.91% as of Dec. 2025, which is 180% above its 10-year median of 3.90. GuruFocus rates TSE:2173 with a GF Score™ of 69/100 and a GF Value™ of 円967.56 (Modestly Undervalued). Among 1,013 Media - Diversified companies, Hakuten ranks better than 76.31% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Hakuten's Pre-Tax Income for the six months ended in Dec. 2025 was 円1,420 Mil. Hakuten's Revenue for the six months ended in Dec. 2025 was 円13,022 Mil. Therefore, Hakuten's pretax margin for the quarter that ended in Dec. 2025 was 10.91%.

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

TSE:2173' s Pretax Margin % Range Over the Past 10 Years
Min: -4.61   Med: 3.9   Max: 11.13
Current: 11.13


TSE:2173's Pretax Margin % is ranked better than
76.31% of 1013 companies
in the Media - Diversified industry
Industry Median: 2.01 vs TSE:2173: 11.13

Hakuten  (TSE:2173) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Hakuten Pretax Margin % Related Terms


Hakuten Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Hakuten's Pretax 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.

Hakuten Pretax Margin % Chart

Hakuten Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.16 9.78 5.16 7.33 11.13

Hakuten Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Jun24 Dec24 Jun25 Dec25
Pretax 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 1.34 9.94 4.33 11.41 10.91

TSE:2173 vs APP, OMC, TTD: Pretax Margin % Comparison

For the Advertising Agencies subindustry, Hakuten's Pretax Margin %, along with its competitors' market caps and Pretax 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.


Hakuten Pretax Margin % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hakuten's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Hakuten's Pretax Margin % falls into.


TSE:2173
69GF Score
Hakuten Corp TSE:2173
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hakuten Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Hakuten's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=2597.715/23336.351
=11.13 %

Hakuten's Pretax Margin for the quarter that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=1420.338/13021.836
=10.91 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 10.91% mean?
Hakuten (TSE:2173) has a Pretax Margin % of 10.91% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Hakuten and its competitors. This is 180% above median its historical median of 3.90. According to the industry distribution chart, Hakuten ranks #240 out of 1013 companies in the Media - Diversified industry, placing it in the top 23.7%.
Is Hakuten's Pretax Margin % too high?
Hakuten's current Pretax Margin % of 10.91% is 180% above median its 10-year median of 3.90. The Media - Diversified industry median Pretax Margin % is 2.01. Hakuten's value of 10.91% is 442.8% above this industry median. Based on the distribution chart, Hakuten ranks #240 out of 1013 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Hakuten has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hakuten's Pretax Margin % compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Hakuten ranks #240 out of 1013 companies for Pretax Margin %. This places Hakuten in the top 24% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 2.01. Hakuten's value of 10.91% is 442.8% above this benchmark. While the company's 10-year median is 3.90 vs. the industry median of 2.01, Hakuten 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 Pretax Margin % for a Media - Diversified company?
The median Pretax Margin % among Media - Diversified companies is 2.01, based on 1,013 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hakuten's current Pretax Margin % of 10.91% is 442.8% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Hakuten and its competitors. For the Media - Diversified industry, the median Pretax Margin % is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hakuten's current Pretax Margin % is 10.91%, which is 180% above median its own 10-year median of 3.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hakuten stock overvalued right now?
Based on GuruFocus' analysis, Hakuten (TSE:2173) is currently considered Modestly Undervalued. The stock's GF Value™ is 円967.56, compared to a current price of 円703.00 — trading 27.3% below its estimated fair value. The current Pretax Margin % is 10.91%, which is 180% above median its 10-year median of 3.90 and 442.8% above the Media - Diversified industry median of 2.01. Hakuten's overall GF Score™ is 69/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Hakuten (TSE:2173), the current Pretax Margin % is 10.91% 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 Hakuten (TSE:2173) Overvalued in 2026?

Based on GuruFocus' analysis, Hakuten stock appears to be undervalued. The current stock price of 円703.00 is trading 27.3% below its estimated GF Value™ of 円967.56. GuruFocus considers Hakuten to be Modestly Undervalued.

Key valuation signals for TSE:2173:

  • Pretax Margin %: 10.91% (180% above median its 10-year median of 3.90)
  • GF Value™: 円967.56 vs. price of 円703.00 (27.3% below fair value)
  • GF Score™: 69/100
  • Industry Position: 442.8% above the Media - Diversified median (#240 of 1013)

No single metric tells the full story. See the TSE:2173 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hakuten Business Description

Address 3-1-1 Kyobashi, 20th Floor, Tokyo Square Garden, Chuo-ku, Tokyo, JPN, 104-0031
Hakuten Corp is a Japan-based company engages in producing and sponsoring event promotions, exhibitions, business meetings, private shows, conferences, and conventions, among others. It is also engaged in the design, construction, and supervision of commercial spaces, such as road shows, conferences, and ceremonies, as well as the provision of digital marketing solutions.
69GF Score

Get the complete analysis for TSE:2173

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

円703.00
Price
円967.56
GF Value