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WIN-Partners Co (TSE:3183) Operating Margin % : 3.68% (As of Dec. 2023)


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What is WIN-Partners Co Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. WIN-Partners Co's Operating Income for the three months ended in Dec. 2023 was 円726 Mil. WIN-Partners Co's Revenue for the three months ended in Dec. 2023 was 円19,716 Mil. Therefore, WIN-Partners Co's Operating Margin % for the quarter that ended in Dec. 2023 was 3.68%.

Warning Sign:

WIN-Partners Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -6.3%.

The historical rank and industry rank for WIN-Partners Co's Operating Margin % or its related term are showing as below:

TSE:3183' s Operating Margin % Range Over the Past 10 Years
Min: 3.18   Med: 4.63   Max: 5.48
Current: 3.18


TSE:3183's Operating Margin % is ranked better than
56.25% of 96 companies
in the Medical Distribution industry
Industry Median: 3.075 vs TSE:3183: 3.18

WIN-Partners Co's 5-Year Average Operating Margin % Growth Rate was -6.30% per year.

WIN-Partners Co's Operating Income for the three months ended in Dec. 2023 was 円726 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was 円2,363 Mil.


WIN-Partners Co Operating Margin % Historical Data

The historical data trend for WIN-Partners Co's Operating 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.

WIN-Partners Co Operating Margin % Chart

WIN-Partners Co Annual Data
Trend Mar12 Mar13 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.67 4.11 3.63 4.16 3.49

WIN-Partners Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating 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 3.91 3.43 2.49 3.01 3.68

Competitive Comparison of WIN-Partners Co's Operating Margin %

For the Medical Distribution subindustry, WIN-Partners Co's Operating Margin %, along with its competitors' market caps and Operating 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.


WIN-Partners Co's Operating Margin % Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, WIN-Partners Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where WIN-Partners Co's Operating Margin % falls into.



WIN-Partners Co Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

WIN-Partners Co's Operating Margin % for the fiscal year that ended in Mar. 2023 is calculated as

Operating Margin %=Operating Income (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=2470.073 / 70854.47
=3.49 %

WIN-Partners Co's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=725.971 / 19715.525
=3.68 %

* 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.


WIN-Partners Co  (TSE:3183) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


WIN-Partners Co Operating Margin % Related Terms

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WIN-Partners Co (TSE:3183) Business Description

Traded in Other Exchanges
N/A
Address
2-2-1 Kyobashi, Chuoku, 21st Floor, Kyobashi Edogrand, Tokyo, JPN, 104-0031
WIN-Partners Co Ltd is engaged in the healthcare sector. The company provides medical devices to Japan's medical institutions. Its products offerings are Cardiovascular device, Insulin Pump, X-ray Angio System, Carotid Artery Stent, Stent Graft, among others.

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