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Taiyo Koki Co (TSE:6164) Gross Profit : 円2,386 Mil (TTM As of Mar. 2024)


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What is Taiyo Koki Co Gross Profit?

Taiyo Koki Co's gross profit for the three months ended in Mar. 2024 was 円577 Mil. Taiyo Koki Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was 円2,386 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Taiyo Koki Co's gross profit for the three months ended in Mar. 2024 was 円577 Mil. Taiyo Koki Co's Revenue for the three months ended in Mar. 2024 was 円2,284 Mil. Therefore, Taiyo Koki Co's Gross Margin % for the quarter that ended in Mar. 2024 was 25.26%.

Taiyo Koki Co had a gross margin of 25.26% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Taiyo Koki Co was 30.82%. The lowest was 22.25%. And the median was 29.55%.

Warning Sign:

Taiyo Koki Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -6%.


Taiyo Koki Co Gross Profit Historical Data

The historical data trend for Taiyo Koki 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.

Taiyo Koki Co Gross Profit Chart

Taiyo Koki Co Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,254.17 1,730.59 1,810.55 2,172.87 2,276.26

Taiyo Koki Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 467.39 551.11 554.41 703.35 576.78

Competitive Comparison of Taiyo Koki Co's Gross Profit

For the Specialty Industrial Machinery subindustry, Taiyo Koki 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.


Taiyo Koki Co's Gross Profit Distribution in the Industrial Products Industry

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

* The bar in red indicates where Taiyo Koki Co's Gross Profit falls into.



Taiyo Koki Co Gross Profit Calculation

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

Taiyo Koki Co's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=10231.942 - 7955.682
=2,276

Taiyo Koki Co's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=2283.63 - 1706.855
=577

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円2,386 Mil.

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

Taiyo Koki Co's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=577 / 2283.63
=25.26 %

* 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.


Taiyo Koki Co  (TSE:6164) 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

Taiyo Koki Co had a gross margin of 25.26% for the quarter that ended in Mar. 2024 => Competition eroding margins


Taiyo Koki Co Gross Profit Related Terms

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Taiyo Koki Co (TSE:6164) Business Description

Traded in Other Exchanges
N/A
Address
221-35, Seiryo-machi, Nagaoka, Niigata Prefecture, JPN, 940-2045
Taiyo Koki Co., Ltd. Is engaged in development, manufacture, and sales of grinding machine tools. The other services offered by company include on-site maintenance, discussing specification, and service call.

Taiyo Koki Co (TSE:6164) Headlines

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