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Kimura Unity Co (TSE:9368) Gross Margin % : 21.25% (As of Dec. 2023)


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What is Kimura Unity Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Kimura Unity Co's Gross Profit for the three months ended in Dec. 2023 was 円3,407 Mil. Kimura Unity Co's Revenue for the three months ended in Dec. 2023 was 円16,031 Mil. Therefore, Kimura Unity Co's Gross Margin % for the quarter that ended in Dec. 2023 was 21.25%.


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

TSE:9368' s Gross Margin % Range Over the Past 10 Years
Min: 15.51   Med: 16.32   Max: 19.35
Current: 19.35


During the past 13 years, the highest Gross Margin % of Kimura Unity Co was 19.35%. The lowest was 15.51%. And the median was 16.32%.

TSE:9368's Gross Margin % is ranked worse than
77.91% of 987 companies
in the Business Services industry
Industry Median: 34.38 vs TSE:9368: 19.35

Kimura Unity Co had a gross margin of 21.25% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Kimura Unity Co was 3.20% per year.


Kimura Unity Co Gross Margin % Historical Data

The historical data trend for Kimura Unity 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.

Kimura Unity Co Gross Margin % Chart

Kimura Unity 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 16.49 17.42 18.04 18.07 18.20

Kimura Unity 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 20.07 17.26 18.97 19.78 21.25

Competitive Comparison of Kimura Unity Co's Gross Margin %

For the Specialty Business Services subindustry, Kimura Unity 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.


Kimura Unity Co's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Kimura Unity Co's Gross Margin % distribution charts can be found below:

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



Kimura Unity Co Gross Margin % Calculation

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

Kimura Unity 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 )
=10762 / 59139
=(Revenue - Cost of Goods Sold) / Revenue
=(59139 - 48377) / 59139
=18.20 %

Kimura Unity 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 )
=3407 / 16031
=(Revenue - Cost of Goods Sold) / Revenue
=(16031 - 12624) / 16031
=21.25 %

* 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.


Kimura Unity Co  (TSE:9368) 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

Kimura Unity Co had a gross margin of 21.25% 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.


Kimura Unity Co Gross Margin % Related Terms

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Kimura Unity Co (TSE:9368) Business Description

Traded in Other Exchanges
Address
3-8-32, Nishiki, Naka-ku, Nagoya, JPN, +81 529627051
Kimura Unity Co Ltd provides business services. It offers Logistics services, Automobile services, Information service, and Personnel Services. The company's services include packaging business, forwarding business, traffic safety service business, auto sales business, vehicle maintenance business, parking services, insurance agency business, and others.

Kimura Unity Co (TSE:9368) Headlines

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