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Japan Logistic Systems (TSE:9060) Gross Margin % : 7.41% (As of Dec. 2023)


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What is Japan Logistic Systems Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Japan Logistic Systems's Gross Profit for the three months ended in Dec. 2023 was 円1,201 Mil. Japan Logistic Systems's Revenue for the three months ended in Dec. 2023 was 円16,216 Mil. Therefore, Japan Logistic Systems's Gross Margin % for the quarter that ended in Dec. 2023 was 7.41%.


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

TSE:9060' s Gross Margin % Range Over the Past 10 Years
Min: 6.19   Med: 6.38   Max: 8.09
Current: 6.82


During the past 13 years, the highest Gross Margin % of Japan Logistic Systems was 8.09%. The lowest was 6.19%. And the median was 6.38%.

TSE:9060's Gross Margin % is ranked worse than
86.83% of 949 companies
in the Transportation industry
Industry Median: 19.99 vs TSE:9060: 6.82

Japan Logistic Systems had a gross margin of 7.41% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Japan Logistic Systems was -0.40% per year.


Japan Logistic Systems Gross Margin % Historical Data

The historical data trend for Japan Logistic Systems'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.

Japan Logistic Systems Gross Margin % Chart

Japan Logistic Systems 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 6.39 6.92 6.19 6.28 6.25

Japan Logistic Systems 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 6.34 6.59 7.19 6.05 7.41

Competitive Comparison of Japan Logistic Systems's Gross Margin %

For the Trucking subindustry, Japan Logistic Systems'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.


Japan Logistic Systems's Gross Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Japan Logistic Systems's Gross Margin % distribution charts can be found below:

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



Japan Logistic Systems Gross Margin % Calculation

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

Japan Logistic Systems'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 )
=3903.9 / 62477
=(Revenue - Cost of Goods Sold) / Revenue
=(62477 - 58573.108) / 62477
=6.25 %

Japan Logistic Systems'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 )
=1201.2 / 16216.418
=(Revenue - Cost of Goods Sold) / Revenue
=(16216.418 - 15015.24) / 16216.418
=7.41 %

* 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.


Japan Logistic Systems  (TSE:9060) 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

Japan Logistic Systems had a gross margin of 7.41% for the quarter that ended in Dec. 2023 => 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.


Japan Logistic Systems Gross Margin % Related Terms

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Japan Logistic Systems (TSE:9060) Business Description

Traded in Other Exchanges
N/A
Address
5-11-3, Shinbashi, Shinbashi Sumitomo Building, Minato-ku, Tokyo, JPN, 105-0004
Japan Logistic Systems Corp provides lorry and cargo transportation as well as third-party logistic services. It also offers warehousing, insurance agency, worker dispatching as well as industrial waste collection and transportation services.

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