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Rkb Mainichi Holdings (FSE:9407) Gross Margin % : 37.30% (As of Dec. 2023)


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What is Rkb Mainichi Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Rkb Mainichi Holdings's Gross Profit for the three months ended in Dec. 2023 was 円2,234 Mil. Rkb Mainichi Holdings's Revenue for the three months ended in Dec. 2023 was 円5,990 Mil. Therefore, Rkb Mainichi Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 37.30%.

Warning Sign:

Rkb Mainichi Holdings Corp gross margin has been in long-term decline. The average rate of decline per year is -2%.


The historical rank and industry rank for Rkb Mainichi Holdings's Gross Margin % or its related term are showing as below:

FSE:9407' s Gross Margin % Range Over the Past 10 Years
Min: 34.62   Med: 37.44   Max: 40.2
Current: 36.36


During the past 7 years, the highest Gross Margin % of Rkb Mainichi Holdings was 40.20%. The lowest was 34.62%. And the median was 37.44%.

FSE:9407's Gross Margin % is ranked worse than
53.53% of 964 companies
in the Media - Diversified industry
Industry Median: 38.555 vs FSE:9407: 36.36

Rkb Mainichi Holdings had a gross margin of 37.30% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Rkb Mainichi Holdings was -2.00% per year.


Rkb Mainichi Holdings Gross Margin % Historical Data

The historical data trend for Rkb Mainichi Holdings's Gross 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.

Rkb Mainichi Holdings Gross Margin % Chart

Rkb Mainichi Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial 39.42 37.44 34.62 36.98 36.95

Rkb Mainichi Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross 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 40.81 38.11 36.66 32.71 37.30

Competitive Comparison of Rkb Mainichi Holdings's Gross Margin %

For the Broadcasting subindustry, Rkb Mainichi Holdings's Gross Margin %, along with its competitors' market caps and Gross 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.


Rkb Mainichi Holdings's Gross Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Rkb Mainichi Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Rkb Mainichi Holdings's Gross Margin % falls into.



Rkb Mainichi Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Rkb Mainichi Holdings's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=8396 / 22725
=(Revenue - Cost of Goods Sold) / Revenue
=(22725 - 14329) / 22725
=36.95 %

Rkb Mainichi Holdings's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=2234 / 5990
=(Revenue - Cost of Goods Sold) / Revenue
=(5990 - 3756) / 5990
=37.30 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Rkb Mainichi Holdings  (FSE:9407) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Rkb Mainichi Holdings had a gross margin of 37.30% for the quarter that ended in Dec. 2023 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Rkb Mainichi Holdings Gross Margin % Related Terms

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Rkb Mainichi Holdings (FSE:9407) Business Description

Traded in Other Exchanges
N/A
Address
2-3-8 Momochihama, Sawara-ku, Fukuoka City, JPN, 814-8585
Rkb Mainichi Holdings Corp is engaged in the broadcasting business in the western area of Japan, including Kyushu. It offers a variety of TV and radio programs and sells commercial spots.

Rkb Mainichi Holdings (FSE:9407) Headlines

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