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Kissei Pharmaceutical Co (TSE:4547) Gross Margin % : 49.16% (As of Dec. 2023)


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What is Kissei Pharmaceutical Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Kissei Pharmaceutical Co's Gross Profit for the three months ended in Dec. 2023 was 円10,265 Mil. Kissei Pharmaceutical Co's Revenue for the three months ended in Dec. 2023 was 円20,881 Mil. Therefore, Kissei Pharmaceutical Co's Gross Margin % for the quarter that ended in Dec. 2023 was 49.16%.

Warning Sign:

Kissei Pharmaceutical Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.6%.


The historical rank and industry rank for Kissei Pharmaceutical Co's Gross Margin % or its related term are showing as below:

TSE:4547' s Gross Margin % Range Over the Past 10 Years
Min: 47.39   Med: 59.11   Max: 66.92
Current: 49.41


During the past 13 years, the highest Gross Margin % of Kissei Pharmaceutical Co was 66.92%. The lowest was 47.39%. And the median was 59.11%.

TSE:4547's Gross Margin % is ranked better than
55.36% of 988 companies
in the Drug Manufacturers industry
Industry Median: 46.48 vs TSE:4547: 49.41

Kissei Pharmaceutical Co had a gross margin of 49.16% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Kissei Pharmaceutical Co was -4.60% per year.


Kissei Pharmaceutical Co Gross Margin % Historical Data

The historical data trend for Kissei Pharmaceutical Co'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.

Kissei Pharmaceutical Co Gross Margin % Chart

Kissei Pharmaceutical Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.19 47.39 47.78 47.97 49.41

Kissei Pharmaceutical Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 44.07 49.62 49.35 49.16 49.53

Competitive Comparison of Kissei Pharmaceutical Co's Gross Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Kissei Pharmaceutical Co'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.


Kissei Pharmaceutical Co's Gross Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Kissei Pharmaceutical Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Kissei Pharmaceutical Co's Gross Margin % falls into.



Kissei Pharmaceutical Co Gross Margin % Calculation

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

Kissei Pharmaceutical Co's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )=Gross Profit (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=37341 / 75579
=(Revenue - Cost of Goods Sold) / Revenue
=(75579 - 38238) / 75579
=49.41 %

Kissei Pharmaceutical Co'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 )
=10265 / 20881
=(Revenue - Cost of Goods Sold) / Revenue
=(20881 - 10616) / 20881
=49.16 %

* 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.


Kissei Pharmaceutical Co  (TSE:4547) 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

Kissei Pharmaceutical Co had a gross margin of 49.16% for the quarter that ended in Dec. 2023 => Durable 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.


Kissei Pharmaceutical Co Gross Margin % Related Terms

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Kissei Pharmaceutical Co (TSE:4547) Business Description

Traded in Other Exchanges
Address
19-48, Yoshino, Matsumoto City, Nagano, JPN, 399-8710
Kissei Pharmaceutical Co Ltd is a specialty and generic drug manufacturing company. Pharmaceuticals is the company's reportable segment. The company's operations span across the globe, while the vast majority of revenue is generated in Japan, followed by Europe. Kissei operates a variety of subsidiaries. The company considers merger and acquisition investment as a potential component of its operational growth strategy for expanding its research, development, manufacturing, and marketing capabilities.

Kissei Pharmaceutical Co (TSE:4547) Headlines

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