Micronics Japan Co (TSE:6871) Gross Margin % : 47.13% (As of Dec. 2023)

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What is Micronics Japan Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Micronics Japan Co's Gross Profit for the three months ended in Dec. 2023 was 円6,018 Mil. Micronics Japan Co's Revenue for the three months ended in Dec. 2023 was 円12,770 Mil. Therefore, Micronics Japan Co's Gross Margin % for the quarter that ended in Dec. 2023 was 47.13%.

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

TSE:6871' s Gross Margin % Range Over the Past 10 Years
Min: 32.54 Med: 37.31 Max: 45.64
Current: 44.65

During the past 13 years, the highest Gross Margin % of Micronics Japan Co was 45.64%. The lowest was 32.54%. And the median was 37.31%.

TSE:6871's Gross Margin % is ranked better than
77.26% of 972 companies
in the Semiconductors industry
Industry Median: 28.265 vs TSE:6871: 44.65

Micronics Japan Co had a gross margin of 47.13% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Micronics Japan Co was 4.30% per year.

Micronics Japan Co Gross Margin % Historical Data

The historical data trend for Micronics Japan 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.

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Micronics Japan Co Gross Margin % Chart

Micronics Japan Co Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Dec21

Dec22

Gross Margin %

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38.20

37.33

32.54

42.55

45.64

Micronics Japan Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															46.12	48.20	33.87	45.99	47.13

Competitive Comparison of Micronics Japan Co's Gross Margin %

For the Semiconductor Equipment & Materials subindustry, Micronics Japan 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.

Micronics Japan Co's Gross Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Micronics Japan Co's Gross Margin % distribution charts can be found below:

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

Micronics Japan Co Gross Margin % Calculation

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

Micronics Japan Co's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )	=	Gross Profit (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	20229	/	44321
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(44321 - 24092)	/	44321
	=	45.64 %

Micronics Japan 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 )
	=	6018	/	12770
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(12770 - 6752)	/	12770
	=	47.13 %

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.

Micronics Japan Co (TSE:6871) 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

Micronics Japan Co had a gross margin of 47.13% 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.

Micronics Japan Co Gross Margin % Related Terms

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Micronics Japan Co (TSE:6871) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Micronics Japan Co Ltd (TSE:6871) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

MJ3:Germany

Address

2-6-8 Kichijoji Hon-cho, Musashino-shi, Tokyo, JPN, 180 8508

Website

http://www.mjc.co.jp

Micronics Japan Co Ltd is a Japanese company which is engaged in manufacturing of semiconductor and related products. It mainly produces probe cards for testing the electrical properties of wafers, testing equipment and test sockets for property testing after packaging, and a wafer prober, which is used for evaluation and analysis of devices. The company also offers products such as array probers, which are used for testing the electrical properties of flat panel displays (FDP), automated optical inspection equipment used for the display inspection of panels, and probe units that send electrical signals to test panels. Its product portfolio includes probe cards, package probe, semiconductor test equipment, automated optical inspection equipment, probe units, and FDP prober products.

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