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Mitsui High-tec (TSE:6966) Operating Margin % : 9.73% (As of Jan. 2024)


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What is Mitsui High-tec Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Mitsui High-tec's Operating Income for the three months ended in Jan. 2024 was 円5,043 Mil. Mitsui High-tec's Revenue for the three months ended in Jan. 2024 was 円51,803 Mil. Therefore, Mitsui High-tec's Operating Margin % for the quarter that ended in Jan. 2024 was 9.73%.

Good Sign:

Mitsui High-tec Inc operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Mitsui High-tec's Operating Margin % or its related term are showing as below:

TSE:6966' s Operating Margin % Range Over the Past 10 Years
Min: 0.02   Med: 3.4   Max: 12.94
Current: 9.25


TSE:6966's Operating Margin % is ranked better than
64.84% of 984 companies
in the Semiconductors industry
Industry Median: 4.425 vs TSE:6966: 9.25

Mitsui High-tec's 5-Year Average Operating Margin % Growth Rate was 164.40% per year.

Mitsui High-tec's Operating Income for the three months ended in Jan. 2024 was 円5,043 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jan. 2024 was 円18,119 Mil.


Mitsui High-tec Operating Margin % Historical Data

The historical data trend for Mitsui High-tec'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.

Mitsui High-tec Operating Margin % Chart

Mitsui High-tec Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 3.89 10.73 12.94 9.25

Mitsui High-tec Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 9.36 8.45 9.52 9.21 9.73

Competitive Comparison of Mitsui High-tec's Operating Margin %

For the Semiconductors subindustry, Mitsui High-tec'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.


Mitsui High-tec's Operating Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Mitsui High-tec's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Mitsui High-tec's Operating Margin % falls into.



Mitsui High-tec 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.

Mitsui High-tec's Operating Margin % for the fiscal year that ended in Jan. 2024 is calculated as

Operating Margin %=Operating Income (A: Jan. 2024 ) / Revenue (A: Jan. 2024 )
=18119 / 195881
=9.25 %

Mitsui High-tec's Operating Margin % for the quarter that ended in Jan. 2024 is calculated as

Operating Margin %=Operating Income (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=5043 / 51803
=9.73 %

* 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.


Mitsui High-tec  (TSE:6966) 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.


Mitsui High-tec Operating Margin % Related Terms

Thank you for viewing the detailed overview of Mitsui High-tec's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Mitsui High-tec (TSE:6966) Business Description

Traded in Other Exchanges
Address
2-10-1,Komine, Yahatanishi-ku, Kitakyushu, JPN, 807-8588
Mitsui High-tec Inc manufactures and sells lead frame, motor core, precision tooling and machine tools in Japan. Its precision tooling/precision parts products include motor core dies, lead frame dies, mold dies, trim and form dies, and other type of stamping tools used in motor cores and IC lead frames, electric motor cores, automobile components, coins, and resin injection molding. It also provides open lead frames for semiconductor packages; and motor parts.

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