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Toyo Suisan Kaisha (Toyo Suisan Kaisha) Gross Profit : $896 Mil (TTM As of Dec. 2023)


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What is Toyo Suisan Kaisha Gross Profit?

Toyo Suisan Kaisha's gross profit for the three months ended in Dec. 2023 was $253 Mil. Toyo Suisan Kaisha's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $896 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Toyo Suisan Kaisha's gross profit for the three months ended in Dec. 2023 was $253 Mil. Toyo Suisan Kaisha's Revenue for the three months ended in Dec. 2023 was $858 Mil. Therefore, Toyo Suisan Kaisha's Gross Margin % for the quarter that ended in Dec. 2023 was 29.53%.

Toyo Suisan Kaisha had a gross margin of 29.53% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Toyo Suisan Kaisha was 38.15%. The lowest was 24.79%. And the median was 36.77%.

Warning Sign:

Toyo Suisan Kaisha Ltd gross margin has been in long-term decline. The average rate of decline per year is -9.6%.


Toyo Suisan Kaisha Gross Profit Historical Data

The historical data trend for Toyo Suisan Kaisha's Gross Profit 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.

Toyo Suisan Kaisha Gross Profit Chart

Toyo Suisan Kaisha Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,316.39 1,431.45 854.01 763.37 808.31

Toyo Suisan Kaisha Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit 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 218.29 194.73 210.21 237.40 253.35

Competitive Comparison of Toyo Suisan Kaisha's Gross Profit

For the Packaged Foods subindustry, Toyo Suisan Kaisha's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Toyo Suisan Kaisha's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Toyo Suisan Kaisha's Gross Profit distribution charts can be found below:

* The bar in red indicates where Toyo Suisan Kaisha's Gross Profit falls into.



Toyo Suisan Kaisha Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Toyo Suisan Kaisha's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=3260.302 - 2451.993
=808

Toyo Suisan Kaisha's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=857.812 - 604.467
=253

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $896 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Toyo Suisan Kaisha'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=253 / 857.812
=29.53 %

* 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.


Toyo Suisan Kaisha  (OTCPK:TSUKY) Gross Profit 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

Toyo Suisan Kaisha had a gross margin of 29.53% for the quarter that ended in Dec. 2023 => Competition eroding margins


Toyo Suisan Kaisha Gross Profit Related Terms

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Toyo Suisan Kaisha (Toyo Suisan Kaisha) Business Description

Traded in Other Exchanges
Address
2-13-40, Konan, Minato-ku, Tokyo, JPN, 108-8501
Toyo Suisan Kaisha Ltd is a Japanese packaged-food company. The business segments are: domestic instant noodles, overseas instant noodles, frozen and refrigerated food, processed food, cold storage segment, seafood segment and other. The instant noodles segments, domestic and international, account for slightly more than 50% of total sales. The seafood segment offers salmon, shrimps, and cod to convenience stores and mass retailers. The frozen and refrigerated foods segment offers fresh noodles, ramen noodles for commercial use, household product yakisoba noodles, and edamame (green soybean) varieties. The processed foods segment offers packed cooked rice products, freeze-dried products, and packet soups.

Toyo Suisan Kaisha (Toyo Suisan Kaisha) Headlines

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