GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Takeuchi Mfg Co Ltd (TSE:6432) » Definitions » Operating Margin %

Takeuchi Mfg Co (TSE:6432) Operating Margin % : 16.13% (As of Nov. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Takeuchi Mfg Co Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Takeuchi Mfg Co's Operating Income for the three months ended in Nov. 2023 was 円8,653 Mil. Takeuchi Mfg Co's Revenue for the three months ended in Nov. 2023 was 円53,655 Mil. Therefore, Takeuchi Mfg Co's Operating Margin % for the quarter that ended in Nov. 2023 was 16.13%.

Good Sign:

Takeuchi Mfg Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

TSE:6432' s Operating Margin % Range Over the Past 10 Years
Min: 10.92   Med: 14.49   Max: 19.04
Current: 16.6


TSE:6432's Operating Margin % is ranked better than
89.81% of 206 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 7.4 vs TSE:6432: 16.60

Takeuchi Mfg Co's 5-Year Average Operating Margin % Growth Rate was 3.40% per year.

Takeuchi Mfg Co's Operating Income for the three months ended in Nov. 2023 was 円8,653 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Nov. 2023 was 円35,299 Mil.


Takeuchi Mfg Co Operating Margin % Historical Data

The historical data trend for Takeuchi Mfg 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.

Takeuchi Mfg Co Operating Margin % Chart

Takeuchi Mfg Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.92 11.77 12.61 11.86 16.60

Takeuchi Mfg Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 15.79 16.11 16.17 16.13 17.98

Competitive Comparison of Takeuchi Mfg Co's Operating Margin %

For the Farm & Heavy Construction Machinery subindustry, Takeuchi Mfg 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.


Takeuchi Mfg Co's Operating Margin % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Takeuchi Mfg Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Takeuchi Mfg Co's Operating Margin % falls into.



Takeuchi Mfg 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.

Takeuchi Mfg Co's Operating Margin % for the fiscal year that ended in Feb. 2024 is calculated as

Operating Margin %=Operating Income (A: Feb. 2024 ) / Revenue (A: Feb. 2024 )
=35299 / 212627
=16.60 %

Takeuchi Mfg Co's Operating Margin % for the quarter that ended in Nov. 2023 is calculated as

Operating Margin %=Operating Income (Q: Nov. 2023 ) / Revenue (Q: Nov. 2023 )
=8653 / 53655
=16.13 %

* 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.


Takeuchi Mfg Co  (TSE:6432) 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.


Takeuchi Mfg Co Operating Margin % Related Terms

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


Takeuchi Mfg Co (TSE:6432) Business Description

Traded in Other Exchanges
N/A
Address
205, Uwadaira, Sakaki-machi, Hanishina-gun, Nagano, Nagano Prefecture, JPN, 389-0605
Takeuchi Mfg Co Ltd manufactures construction machinery, including wheel and electrical compact excavators, track loaders, carriers, and mixers. Additional revenue is generated by distributing agitators for wastewater treatment facilities and manufacturers of chemicals, food, and other products. The company sells machinery to rental companies and dealers, distributors, and through trading companies to overseas distributors. Operating segments are reported by region: Japan, United States, United Kingdom, France, and China. Takeuchi's global sales network helps gain user feedback and discover areas to enhance support for customers. The majority of sales to external customers derive from Japan and the United States.

Takeuchi Mfg Co (TSE:6432) Headlines

No Headlines