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First Juken Co (TSE:8917) Gross Margin % : 14.31% (As of Jan. 2024)


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What is First Juken Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. First Juken Co's Gross Profit for the three months ended in Jan. 2024 was 円1,070 Mil. First Juken Co's Revenue for the three months ended in Jan. 2024 was 円7,480 Mil. Therefore, First Juken Co's Gross Margin % for the quarter that ended in Jan. 2024 was 14.31%.

Warning Sign:

First Juken Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.8%.


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

TSE:8917' s Gross Margin % Range Over the Past 10 Years
Min: 14.27   Med: 16.98   Max: 18.33
Current: 14.29


During the past 13 years, the highest Gross Margin % of First Juken Co was 18.33%. The lowest was 14.27%. And the median was 16.98%.

TSE:8917's Gross Margin % is ranked worse than
81.63% of 98 companies
in the Homebuilding & Construction industry
Industry Median: 21.98 vs TSE:8917: 14.29

First Juken Co had a gross margin of 14.31% for the quarter that ended in Jan. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for First Juken Co was -1.80% per year.


First Juken Co Gross Margin % Historical Data

The historical data trend for First Juken 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.

First Juken Co Gross Margin % Chart

First Juken Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.36 14.27 16.71 17.32 14.79

First Juken Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 16.81 15.29 15.80 12.40 14.31

Competitive Comparison of First Juken Co's Gross Margin %

For the Residential Construction subindustry, First Juken 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.


First Juken Co's Gross Margin % Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, First Juken Co's Gross Margin % distribution charts can be found below:

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



First Juken Co Gross Margin % Calculation

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

First Juken Co's Gross Margin for the fiscal year that ended in Oct. 2023 is calculated as

Gross Margin % (A: Oct. 2023 )=Gross Profit (A: Oct. 2023 ) / Revenue (A: Oct. 2023 )
=6416.5 / 43373.42
=(Revenue - Cost of Goods Sold) / Revenue
=(43373.42 - 36956.928) / 43373.42
=14.79 %

First Juken Co's Gross Margin for the quarter that ended in Jan. 2024 is calculated as


Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=1070.2 / 7480.267
=(Revenue - Cost of Goods Sold) / Revenue
=(7480.267 - 6410.026) / 7480.267
=14.31 %

* 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.


First Juken Co  (TSE:8917) 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

First Juken Co had a gross margin of 14.31% for the quarter that ended in Jan. 2024 => 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.


First Juken Co Gross Margin % Related Terms

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First Juken Co (TSE:8917) Business Description

Traded in Other Exchanges
N/A
Address
5-6-9 Higashi-Namba-cho, Amazaki-shi, Hyogo, JPN, 600892
First Juken Co Ltd is a Japanese based company engaged in the development of residential housing and condominium buildings. Its detached housing business offers the wooden house with a traditional conventional construction method. Its residential condominium business offers house on sale and rental. It is also engaged insurance business that offers fire insurance and life insurance.

First Juken Co (TSE:8917) Headlines

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