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Taiyo Yuden Co (TSE:6976) Gross Margin % : 22.34% (As of Dec. 2023)


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What is Taiyo Yuden Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Taiyo Yuden Co's Gross Profit for the three months ended in Dec. 2023 was 円19,296 Mil. Taiyo Yuden Co's Revenue for the three months ended in Dec. 2023 was 円86,386 Mil. Therefore, Taiyo Yuden Co's Gross Margin % for the quarter that ended in Dec. 2023 was 22.34%.


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

TSE:6976' s Gross Margin % Range Over the Past 10 Years
Min: 18.46   Med: 26.87   Max: 35.75
Current: 18.46


During the past 13 years, the highest Gross Margin % of Taiyo Yuden Co was 35.75%. The lowest was 18.46%. And the median was 26.87%.

TSE:6976's Gross Margin % is ranked worse than
63.93% of 2440 companies
in the Hardware industry
Industry Median: 24.355 vs TSE:6976: 18.46

Taiyo Yuden Co had a gross margin of 22.34% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Taiyo Yuden Co was 2.60% per year.


Taiyo Yuden Co Gross Margin % Historical Data

The historical data trend for Taiyo Yuden 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.

Taiyo Yuden Co Gross Margin % Chart

Taiyo Yuden 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 29.99 30.23 29.56 35.75 27.36

Taiyo Yuden 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 26.43 12.11 17.57 20.75 22.34

Competitive Comparison of Taiyo Yuden Co's Gross Margin %

For the Electronic Components subindustry, Taiyo Yuden 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.


Taiyo Yuden Co's Gross Margin % Distribution in the Hardware Industry

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

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



Taiyo Yuden Co Gross Margin % Calculation

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

Taiyo Yuden 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 )
=87419 / 319504
=(Revenue - Cost of Goods Sold) / Revenue
=(319504 - 232085) / 319504
=27.36 %

Taiyo Yuden 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 )
=19296 / 86386
=(Revenue - Cost of Goods Sold) / Revenue
=(86386 - 67090) / 86386
=22.34 %

* 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.


Taiyo Yuden Co  (TSE:6976) 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

Taiyo Yuden Co had a gross margin of 22.34% 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.


Taiyo Yuden Co Gross Margin % Related Terms

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Taiyo Yuden Co (TSE:6976) Business Description

Traded in Other Exchanges
Address
6-16-20, Ueno, Taito-ku, Tokyo, JPN, 110-0005
Taiyo Yuden produces passive components for electronic devices. Passive components are used to enable wireless communication, store electricity, handle electric flow, remove electromagnetic noise from circuits, and so on. Passive components are imperative for electronic circuits—for instance, one high-end smartphone contains more than 1,000 passive components. Taiyo Yuden is the global third multilayer ceramic capacitor player, with 13% market share in 2021.

Taiyo Yuden Co (TSE:6976) Headlines

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