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IwaiCosmo Holdings (TSE:8707) Gross Margin % : 99.24% (As of Dec. 2023)


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What is IwaiCosmo Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. IwaiCosmo Holdings's Gross Profit for the three months ended in Dec. 2023 was 円5,876 Mil. IwaiCosmo Holdings's Revenue for the three months ended in Dec. 2023 was 円5,921 Mil. Therefore, IwaiCosmo Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 99.24%.


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

TSE:8707' s Gross Margin % Range Over the Past 10 Years
Min: 97.46   Med: 98.33   Max: 99.06
Current: 98.93


During the past 13 years, the highest Gross Margin % of IwaiCosmo Holdings was 99.06%. The lowest was 97.46%. And the median was 98.33%.

TSE:8707's Gross Margin % is ranked better than
95.07% of 608 companies
in the Capital Markets industry
Industry Median: 48.965 vs TSE:8707: 98.93

IwaiCosmo Holdings had a gross margin of 99.24% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for IwaiCosmo Holdings was 0.10% per year.


IwaiCosmo Holdings Gross Margin % Historical Data

The historical data trend for IwaiCosmo Holdings'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.

IwaiCosmo Holdings Gross Margin % Chart

IwaiCosmo Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 98.00 98.62 99.06 98.68 98.93

IwaiCosmo Holdings 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 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 98.51 98.62 98.86 99.24 98.99

Competitive Comparison of IwaiCosmo Holdings's Gross Margin %

For the Capital Markets subindustry, IwaiCosmo Holdings'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.


IwaiCosmo Holdings's Gross Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, IwaiCosmo Holdings's Gross Margin % distribution charts can be found below:

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



IwaiCosmo Holdings Gross Margin % Calculation

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

IwaiCosmo Holdings'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 )
=23781 / 24038
=(Revenue - Cost of Goods Sold) / Revenue
=(24038 - 257) / 24038
=98.93 %

IwaiCosmo Holdings'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 )
=5876 / 5921
=(Revenue - Cost of Goods Sold) / Revenue
=(5921 - 45) / 5921
=99.24 %

* 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.


IwaiCosmo Holdings  (TSE:8707) 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

IwaiCosmo Holdings had a gross margin of 99.24% for the quarter that ended in Dec. 2023 => Durable 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.


IwaiCosmo Holdings Gross Margin % Related Terms

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IwaiCosmo Holdings (TSE:8707) Business Description

Traded in Other Exchanges
N/A
Address
No. 8-12 Kitahama 1-Chome, Osaka Securities Exchange, building Chuo-ku, Osaka, JPN, 5410041
IwaiCosmo Holdings Inc is a Japan-based company engaged in the operation of financial instrument business. The company is also involved in purchasing, selling and underwriting of securities, and other related services.

IwaiCosmo Holdings (TSE:8707) Headlines

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