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Morita Holdings (TSE:6455) Gross Profit : 円25,123 Mil (TTM As of Mar. 2024)


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What is Morita Holdings Gross Profit?

Morita Holdings's gross profit for the three months ended in Mar. 2024 was 円10,588 Mil. Morita Holdings's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was 円25,123 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Morita Holdings's gross profit for the three months ended in Mar. 2024 was 円10,588 Mil. Morita Holdings's Revenue for the three months ended in Mar. 2024 was 円40,497 Mil. Therefore, Morita Holdings's Gross Margin % for the quarter that ended in Mar. 2024 was 26.15%.

Morita Holdings had a gross margin of 26.15% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Morita Holdings was 26.96%. The lowest was 23.77%. And the median was 26.16%.


Morita Holdings Gross Profit Historical Data

The historical data trend for Morita Holdings'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.

Morita Holdings Gross Profit Chart

Morita Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22,719.00 22,146.00 22,067.00 19,339.00 25,123.00

Morita Holdings 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 8,034.00 3,733.00 5,351.00 5,451.00 10,588.00

Competitive Comparison of Morita Holdings's Gross Profit

For the Specialty Industrial Machinery subindustry, Morita Holdings'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.


Morita Holdings's Gross Profit Distribution in the Industrial Products Industry

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

* The bar in red indicates where Morita Holdings's Gross Profit falls into.



Morita Holdings Gross Profit Calculation

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

Morita Holdings's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=95205 - 70082
=25,123

Morita Holdings's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=40497 - 29909
=10,588

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25,123 Mil.

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

Morita Holdings'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
=10,588 / 40497
=26.15 %

* 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.


Morita Holdings  (TSE:6455) 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

Morita Holdings had a gross margin of 26.15% for the quarter that ended in Mar. 2024 => Competition eroding margins


Morita Holdings Gross Profit Related Terms

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Morita Holdings (TSE:6455) Business Description

Traded in Other Exchanges
N/A
Address
Doshumachi 3-6-1, Keihanshin Midosuji Building 12th Floor, Chuo-ku, Osaka, JPN, 541-0045
Morita Holdings Corp and its subsidiaries are in the business of manufacturing and selling fire trucks, fire extinguishers and equipment, recycling machines, environmental conservation vehicles and support wear and also manufacturing and sales of electronic applied machinery and information processing machinery, fabrication repair and sales of specialized vehicles.

Morita Holdings (TSE:6455) Headlines

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