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Furukawa Electric Co (TSE:5801) Gross Profit : 円153,602 Mil (TTM As of Dec. 2023)


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What is Furukawa Electric Co Gross Profit?

Furukawa Electric Co's gross profit for the three months ended in Dec. 2023 was 円41,398 Mil. Furukawa Electric Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was 円153,602 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Furukawa Electric Co's gross profit for the three months ended in Dec. 2023 was 円41,398 Mil. Furukawa Electric Co's Revenue for the three months ended in Dec. 2023 was 円262,189 Mil. Therefore, Furukawa Electric Co's Gross Margin % for the quarter that ended in Dec. 2023 was 15.79%.

Furukawa Electric Co had a gross margin of 15.79% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Furukawa Electric Co was 18.28%. The lowest was 14.60%. And the median was 16.02%.

Warning Sign:

Furukawa Electric Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.3%.


Furukawa Electric Co Gross Profit Historical Data

The historical data trend for Furukawa Electric Co'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.

Furukawa Electric Co Gross Profit Chart

Furukawa Electric Co 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 167,108.00 150,239.00 129,311.00 138,691.00 156,703.00

Furukawa Electric Co 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 37,711.00 44,225.00 33,859.00 34,120.00 41,398.00

Competitive Comparison of Furukawa Electric Co's Gross Profit

For the Electrical Equipment & Parts subindustry, Furukawa Electric Co'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.


Furukawa Electric Co's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Furukawa Electric Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Furukawa Electric Co's Gross Profit falls into.



Furukawa Electric Co Gross Profit Calculation

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

Furukawa Electric Co'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
=1066326 - 909623
=156,703

Furukawa Electric Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=262189 - 220791
=41,398

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 円153,602 Mil.

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

Furukawa Electric Co'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
=41,398 / 262189
=15.79 %

* 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.


Furukawa Electric Co  (TSE:5801) 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

Furukawa Electric Co had a gross margin of 15.79% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Furukawa Electric Co Gross Profit Related Terms

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Furukawa Electric Co (TSE:5801) Business Description

Traded in Other Exchanges
Address
Marunouchi Nakadori Building, 2-3, Marunouchi 2-chome, Chiyodaku, Tokyo, JPN, 100-8322
Furukawa Electric Co Ltd offers products related to various industries and technologies. It provides products such as optical fiber cables, indoor conduits, ultra-battery, triple insulated wires, water feeding piping systems and industrial lasers. The company's segments are Telecommunications, Energy and Industrial products, Electronics and Automotive Systems, Metals, Light Metals, Services, and Others. It derives the majority of its revenues from electronics and automotive systems segment. The company operates in Japan, South-East Asia, Korea, Taiwan, India, China and North America.

Furukawa Electric Co (TSE:5801) Headlines

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