Sojitz (TSE:2768) Gross Margin % : 13.35% (As of Mar. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Sojitz Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sojitz's Gross Profit for the three months ended in Mar. 2024 was 円83,620 Mil. Sojitz's Revenue for the three months ended in Mar. 2024 was 円626,533 Mil. Therefore, Sojitz's Gross Margin % for the quarter that ended in Mar. 2024 was 13.35%.

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

TSE:2768' s Gross Margin % Range Over the Past 10 Years
Min: 10.9 Med: 12.85 Max: 13.61
Current: 13.5

During the past 13 years, the highest Gross Margin % of Sojitz was 13.61%. The lowest was 10.90%. And the median was 12.85%.

TSE:2768's Gross Margin % is ranked worse than
79.38% of 480 companies
in the Conglomerates industry
Industry Median: 25.125 vs TSE:2768: 13.50

Sojitz had a gross margin of 13.35% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Sojitz was 1.50% per year.

Sojitz Gross Margin % Historical Data

The historical data trend for Sojitz'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.

Sojitz Gross Margin % Chart

Sojitz Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Gross Margin %

Get a 7-Day Free Trial

12.57

11.74

12.92

13.61

13.50

Sojitz Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross Margin %	Get a 7-Day Free Trial															13.37	13.07	13.42	14.14	13.35

Competitive Comparison of Sojitz's Gross Margin %

For the Conglomerates subindustry, Sojitz'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.

Sojitz's Gross Margin % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Sojitz's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Sojitz's Gross Margin % falls into.

Sojitz Gross Margin % Calculation

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

Sojitz's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )	=	Gross Profit (A: Mar. 2024 )	/	Revenue (A: Mar. 2024 )
	=	325955	/	2414648
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(2414648 - 2088693)	/	2414648
	=	13.50 %

Sojitz's Gross Margin for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )	=	Gross Profit (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	83620	/	626533
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(626533 - 542913)	/	626533
	=	13.35 %

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.

Sojitz (TSE:2768) 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

Sojitz had a gross margin of 13.35% for the quarter that ended in Mar. 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.

Sojitz Gross Margin % Related Terms

Thank you for viewing the detailed overview of Sojitz's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Sojitz (TSE:2768) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Sojitz Corp (TSE:2768) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

SZHFF:USA XEB:Germany

Address

1-1, Uchisaiwaicho 2-chome, Chiyoda-ku, Tokyo, JPN, 100-8691

Website

http://www.sojitz.com

Sojitz Corp is a Japanese business conglomerate. The group operates nine business segments: automotive, aerospace and IT, energy, metals and coal, foods and agriculture, lifestyle commodities and materials, infrastructure and environment, chemicals, and retail. The largest segment by profit, chemicals, conducts trading operations in liquid chemicals such as methanol, petrochemical products such as plastics, and inorganic chemicals including rare earths and mineral-related products. The next segment contributing significantly to profits, automotive, includes a vehicle export, wholesale, assembly, and dealership business in the Association of Southeast Asian Nations region, as well as in Russia and Central and South America.

Sojitz (TSE:2768) Headlines

No Headlines