Fukuoka REIT (TSE:8968) Gross Margin % : 43.65% (As of Aug. 2023)

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What is Fukuoka REIT Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Fukuoka REIT's Gross Profit for the six months ended in Aug. 2023 was 円4,053 Mil. Fukuoka REIT's Revenue for the six months ended in Aug. 2023 was 円9,285 Mil. Therefore, Fukuoka REIT's Gross Margin % for the quarter that ended in Aug. 2023 was 43.65%.

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

TSE:8968' s Gross Margin % Range Over the Past 10 Years
Min: 42.74 Med: 43.7 Max: 48.97
Current: 44.13

During the past 13 years, the highest Gross Margin % of Fukuoka REIT was 48.97%. The lowest was 42.74%. And the median was 43.70%.

TSE:8968's Gross Margin % is ranked worse than
89% of 627 companies
in the REITs industry
Industry Median: 68.91 vs TSE:8968: 44.13

Fukuoka REIT had a gross margin of 43.65% for the quarter that ended in Aug. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Fukuoka REIT was 0.30% per year.

Fukuoka REIT Gross Margin % Historical Data

The historical data trend for Fukuoka REIT'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.

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Fukuoka REIT Gross Margin % Chart

Fukuoka REIT Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Gross Margin %

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43.03

42.74

42.83

44.05

43.35

Fukuoka REIT Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Gross Margin %	Get a 7-Day Free Trial															44.45	43.67	43.05	43.65	44.60

Competitive Comparison of Fukuoka REIT's Gross Margin %

For the REIT - Diversified subindustry, Fukuoka REIT'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.

Fukuoka REIT's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Fukuoka REIT's Gross Margin % distribution charts can be found below:

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

Fukuoka REIT Gross Margin % Calculation

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

Fukuoka REIT's Gross Margin for the fiscal year that ended in Aug. 2023 is calculated as

Gross Margin % (A: Aug. 2023 )	=	Gross Profit (A: Aug. 2023 )	/	Revenue (A: Aug. 2023 )
	=	7943.1	/	18322.064
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(18322.064 - 10378.946)	/	18322.064
	=	43.35 %

Fukuoka REIT's Gross Margin for the quarter that ended in Aug. 2023 is calculated as

Gross Margin % (Q: Aug. 2023 )	=	Gross Profit (Q: Aug. 2023 )	/	Revenue (Q: Aug. 2023 )
	=	4052.8	/	9284.701
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(9284.701 - 5231.929)	/	9284.701
	=	43.65 %

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.

Fukuoka REIT (TSE:8968) 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

Fukuoka REIT had a gross margin of 43.65% for the quarter that ended in Aug. 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.

Fukuoka REIT Gross Margin % Related Terms

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Fukuoka REIT (TSE:8968) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Fukuoka REIT Corp (TSE:8968) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-2-25 Sumiyoshi, Hakata, Fukuoka, JPN, 812-0018

Website

http://www.fukuoka-reit.jp

Fukuoka REIT Corp is an REIT based in Japan. The company manages a portfolio with a focus on entertainment retail facilities and office buildings in the Fukuoka metropolitan area and other neighbouring areas in the Kyushu region. Fukuoka REIT's asset manager, Fukuoka Realty, provides real estate management, acquisition, arrangement of new property, fundraising, and other operations under contracts. The firm diversifies in retail, office buildings, and other types of property, including residences, hotels, logistics facilities, and public and other facilities. Retail property represents more than half of the portfolio assets.

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