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Takuma Co (TSE:6013) Gross Margin % : 21.01% (As of Dec. 2023)


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What is Takuma Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Takuma Co's Gross Profit for the three months ended in Dec. 2023 was 円8,180 Mil. Takuma Co's Revenue for the three months ended in Dec. 2023 was 円38,936 Mil. Therefore, Takuma Co's Gross Margin % for the quarter that ended in Dec. 2023 was 21.01%.


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

TSE:6013' s Gross Margin % Range Over the Past 10 Years
Min: 18.26   Med: 21.14   Max: 22.86
Current: 20.26


During the past 13 years, the highest Gross Margin % of Takuma Co was 22.86%. The lowest was 18.26%. And the median was 21.14%.

TSE:6013's Gross Margin % is ranked worse than
67.77% of 2938 companies
in the Industrial Products industry
Industry Median: 26.39 vs TSE:6013: 20.26

Takuma Co had a gross margin of 21.01% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Takuma Co was -0.60% per year.


Takuma Co Gross Margin % Historical Data

The historical data trend for Takuma 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.

Takuma Co Gross Margin % Chart

Takuma Co 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 22.52 19.23 18.26 19.53 22.12

Takuma Co 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 22.29 23.13 18.84 17.29 21.01

Competitive Comparison of Takuma Co's Gross Margin %

For the Pollution & Treatment Controls subindustry, Takuma 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.


Takuma Co's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Takuma Co's Gross Margin % distribution charts can be found below:

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



Takuma Co Gross Margin % Calculation

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

Takuma Co'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 )
=31554 / 142651
=(Revenue - Cost of Goods Sold) / Revenue
=(142651 - 111097) / 142651
=22.12 %

Takuma 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 )
=8180 / 38936
=(Revenue - Cost of Goods Sold) / Revenue
=(38936 - 30756) / 38936
=21.01 %

* 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.


Takuma Co  (TSE:6013) 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

Takuma Co had a gross margin of 21.01% 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.


Takuma Co Gross Margin % Related Terms

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Takuma Co (TSE:6013) Business Description

Traded in Other Exchanges
N/A
Address
2-2-33 Kinraku-cho, Amagasaki, Hyogo, JPN, 660-0806
Takuma Co Ltd develops a variety of technologies for waste and water treatment. It designs and constructs boilers, plant machinery, pollution-prevention plans, heating and cooling equipment, and sanitation equipment and facilities. Incinerators and recycling centers help sort, treat, and disperse resources in an efficient manner. The majority of customers are in Japan. The company works to provide solid waste treatment plants partnered with a selection of after-sales services and products. Takuma has four operating segments: domestic environment and energy, overseas environment and energy, package boiler, and equipment and system business. Cleaning systems, filters, and other equipment produce comfortable working conditions for customers.

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