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Nagano Keiki Co (TSE:7715) Gross Margin % : 32.88% (As of Dec. 2023)


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What is Nagano Keiki Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Nagano Keiki Co's Gross Profit for the three months ended in Dec. 2023 was 円5,934 Mil. Nagano Keiki Co's Revenue for the three months ended in Dec. 2023 was 円18,047 Mil. Therefore, Nagano Keiki Co's Gross Margin % for the quarter that ended in Dec. 2023 was 32.88%.


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

TSE:7715' s Gross Margin % Range Over the Past 10 Years
Min: 25   Med: 28.17   Max: 31.51
Current: 31.51


During the past 13 years, the highest Gross Margin % of Nagano Keiki Co was 31.51%. The lowest was 25.00%. And the median was 28.17%.

TSE:7715's Gross Margin % is ranked better than
64.39% of 2440 companies
in the Hardware industry
Industry Median: 24.375 vs TSE:7715: 31.51

Nagano Keiki Co had a gross margin of 32.88% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Nagano Keiki Co was 0.00% per year.


Nagano Keiki Co Gross Margin % Historical Data

The historical data trend for Nagano Keiki 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.

Nagano Keiki Co Gross Margin % Chart

Nagano Keiki 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 27.76 28.92 27.51 28.54 29.07

Nagano Keiki 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 29.45 29.69 30.96 32.07 32.88

Competitive Comparison of Nagano Keiki Co's Gross Margin %

For the Scientific & Technical Instruments subindustry, Nagano Keiki 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.


Nagano Keiki Co's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nagano Keiki Co's Gross Margin % distribution charts can be found below:

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



Nagano Keiki Co Gross Margin % Calculation

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

Nagano Keiki 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 )
=17603 / 60543.925
=(Revenue - Cost of Goods Sold) / Revenue
=(60543.925 - 42940.941) / 60543.925
=29.07 %

Nagano Keiki 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 )
=5934 / 18047.088
=(Revenue - Cost of Goods Sold) / Revenue
=(18047.088 - 12113.084) / 18047.088
=32.88 %

* 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.


Nagano Keiki Co  (TSE:7715) 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

Nagano Keiki Co had a gross margin of 32.88% 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.


Nagano Keiki Co Gross Margin % Related Terms

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Nagano Keiki Co (TSE:7715) Business Description

Traded in Other Exchanges
N/A
Address
1-30-4 Higashimagome, Ohta-ku, Tokyo, JPN, 143-8544
Nagano Keiki Co Ltd is engaged in the production and sale of pressure gauges, pressure sensors and measurement control equipment in Japan. Its products portfolio includes pressure gauges, including compound, vacuum, differential, low pressure, absolute, and diaphragm-seal type products; mechanical and electrical types switches, indicators with switches, and plug-in connectors for pressure switches; pressure sensors comprising pressure transmitters, load and level sensors, converters and various types of temperature gauges.

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