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.
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.
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.
NIPPON CONCEPT Pretax Margin % Related Terms
NIPPON CONCEPT Pretax Margin % Historical Data
* Premium members only.
The historical data trend for NIPPON CONCEPT'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.
TSE:9386 vs WMB, EPD, KMI: Pretax Margin % Comparison
For the Oil & Gas Midstream subindustry, NIPPON CONCEPT'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.
NIPPON CONCEPT Pretax Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NIPPON CONCEPT's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where NIPPON CONCEPT's Pretax Margin % falls into.
* 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.
NIPPON CONCEPT (TSE:9386) has a Pretax Margin % of 10.12% as of Jun. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on NIPPON CONCEPT and its competitors. This is 36% below median its historical median of 15.77. Over the past decade, NIPPON CONCEPT's Pretax Margin % has ranged from 11.82 to 20.40.
Is NIPPON CONCEPT's Pretax Margin % too high?
NIPPON CONCEPT's current Pretax Margin % of 10.12% is 36% below median its 10-year median of 15.77. Over the past 10 years, this metric has ranged from a low of 11.82 to a high of 20.40. The Oil & Gas industry median Pretax Margin % is 6.24. NIPPON CONCEPT's value of 10.12% is 62.2% above this industry median. Overall, NIPPON CONCEPT has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does NIPPON CONCEPT's Pretax Margin % compare to WMB and EPD?
NIPPON CONCEPT's Pretax Margin % of 10.12% can be compared against companies in the Oil & Gas industry. The industry median Pretax Margin % is 6.24. NIPPON CONCEPT's value of 10.12% is 62.2% above this benchmark. Historically, NIPPON CONCEPT's own Pretax Margin % has ranged from 11.82 to 20.40 over the past decade. While the company's 10-year median is 15.77 vs. the industry median of 6.24, NIPPON CONCEPT 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 an Oil & Gas company?
The median Pretax Margin % among Oil & Gas companies is 6.24, based on 923 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. NIPPON CONCEPT's current Pretax Margin % of 10.12% is 62.2% 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 NIPPON CONCEPT and its competitors. For the Oil & Gas industry, the median Pretax Margin % is 6.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NIPPON CONCEPT's current Pretax Margin % is 10.12%, which is 36% below median its own 10-year median of 15.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIPPON CONCEPT stock overvalued right now?
NIPPON CONCEPT (TSE:9386) has a current Pretax Margin % of 10.12%. The stock's GF Value™ is 円1,801.56, compared to a current price of 円3,045.00 — trading 69% above its estimated fair value. The current Pretax Margin % is 10.12%, which is 36% below median its 10-year median of 15.77 and 62.2% above the Oil & Gas industry median of 6.24. NIPPON CONCEPT's overall GF Score™ is 68/100 with 5 warning signs to review. 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 NIPPON CONCEPT (TSE:9386), the current Pretax Margin % is 10.12% as of Jun. 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 NIPPON CONCEPT (TSE:9386) Overvalued in 2026?
Based on GuruFocus' analysis, NIPPON CONCEPT stock appears to be overvalued.
The current stock price of 円3,045.00 is trading 69% above its estimated GF Value™ of 円1,801.56.
Key valuation signals for TSE:9386:
Pretax Margin %: 10.12% (36% below median its 10-year median of 15.77)
GF Value™: 円1,801.56 vs. price of 円3,045.00 (69% above fair value)
Industry Position: 62.2% above the Oil & Gas median
No single metric tells the full story. See the TSE:9386 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NIPPON CONCEPT Corp is engaged in the business of transportation of chemicals and various gases. The company is also involved in the storage of liquid cargo, recovery and destruction of freon gas, cleaning and maintenance of chemical tank containers, and storage and inspection of gas tank containers.
68GF Score
Get the complete analysis for TSE:9386
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:9386 has been successfully added to your 
