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Tokyu Fudosan Holdings (TSE:3289) Gross Margin % : 17.27% (As of Dec. 2023)


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What is Tokyu Fudosan Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Tokyu Fudosan Holdings's Gross Profit for the three months ended in Dec. 2023 was 円39,218 Mil. Tokyu Fudosan Holdings's Revenue for the three months ended in Dec. 2023 was 円227,125 Mil. Therefore, Tokyu Fudosan Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 17.27%.

Warning Sign:

Tokyu Fudosan Holdings Corp gross margin has been in long-term decline. The average rate of decline per year is -2.2%.


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

TSE:3289' s Gross Margin % Range Over the Past 10 Years
Min: 18.15   Med: 20.22   Max: 21.45
Current: 19.85


During the past 13 years, the highest Gross Margin % of Tokyu Fudosan Holdings was 21.45%. The lowest was 18.15%. And the median was 20.22%.

TSE:3289's Gross Margin % is ranked worse than
75.62% of 1653 companies
in the Real Estate industry
Industry Median: 36.86 vs TSE:3289: 19.85

Tokyu Fudosan Holdings had a gross margin of 17.27% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Tokyu Fudosan Holdings was -2.20% per year.


Tokyu Fudosan Holdings Gross Margin % Historical Data

The historical data trend for Tokyu Fudosan 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.

Tokyu Fudosan Holdings Gross Margin % Chart

Tokyu Fudosan Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.45 20.94 18.15 19.60 19.60

Tokyu Fudosan 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 18.03 20.60 21.77 19.14 17.27

Competitive Comparison of Tokyu Fudosan Holdings's Gross Margin %

For the Real Estate - Diversified subindustry, Tokyu Fudosan 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.


Tokyu Fudosan Holdings's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tokyu Fudosan Holdings's Gross Margin % distribution charts can be found below:

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



Tokyu Fudosan Holdings Gross Margin % Calculation

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

Tokyu Fudosan 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 )
=197151 / 1005836
=(Revenue - Cost of Goods Sold) / Revenue
=(1005836 - 808685) / 1005836
=19.60 %

Tokyu Fudosan 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 )
=39218 / 227125
=(Revenue - Cost of Goods Sold) / Revenue
=(227125 - 187907) / 227125
=17.27 %

* 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.


Tokyu Fudosan Holdings  (TSE:3289) 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

Tokyu Fudosan Holdings had a gross margin of 17.27% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


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.


Tokyu Fudosan Holdings Gross Margin % Related Terms

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Tokyu Fudosan Holdings (TSE:3289) Business Description

Traded in Other Exchanges
Address
Shin-nanpeidai Tokyu Building, Dogenzaka 1-21-2, Shibuya-ku, Tokyo, JPN
Tokyu Fudosan Holdings Corp engages in the management and administration of a host of businesses. The business that compose Tokyu Fudosan Holdings operate in the following business segments: urban development, residential, wellness, innovation, property management, real estate agency, and tokyu hands. Altogether, the group develops, leases, and operates office buildings, commercial facilities, rental residences, and other properties. Tokyu's host of businesses also engage in management and operation of resort facilities, sports clubs, and senior housing. Businesses like the innovation segment serve as a complement and include overseas operations, custom homes, renovation, and landscaping.

Tokyu Fudosan Holdings (TSE:3289) Headlines

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