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TOKYO KEIKI (TSE:7721) Gross Profit : 円12,301 Mil (TTM As of Dec. 2023)


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What is TOKYO KEIKI Gross Profit?

TOKYO KEIKI's gross profit for the three months ended in Dec. 2023 was 円3,131 Mil. TOKYO KEIKI's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was 円12,301 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. TOKYO KEIKI's gross profit for the three months ended in Dec. 2023 was 円3,131 Mil. TOKYO KEIKI's Revenue for the three months ended in Dec. 2023 was 円11,504 Mil. Therefore, TOKYO KEIKI's Gross Margin % for the quarter that ended in Dec. 2023 was 27.22%.

TOKYO KEIKI had a gross margin of 27.22% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of TOKYO KEIKI was 27.59%. The lowest was 24.38%. And the median was 25.89%.


TOKYO KEIKI Gross Profit Historical Data

The historical data trend for TOKYO KEIKI'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.

TOKYO KEIKI Gross Profit Chart

TOKYO KEIKI 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 12,187.00 11,564.00 10,666.00 10,983.00 10,988.00

TOKYO KEIKI 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 2,444.00 4,524.00 2,060.00 2,586.00 3,131.00

Competitive Comparison of TOKYO KEIKI's Gross Profit

For the Scientific & Technical Instruments subindustry, TOKYO KEIKI'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.


TOKYO KEIKI's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, TOKYO KEIKI's Gross Profit distribution charts can be found below:

* The bar in red indicates where TOKYO KEIKI's Gross Profit falls into.



TOKYO KEIKI Gross Profit Calculation

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

TOKYO KEIKI'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
=44296 - 33308
=10,988

TOKYO KEIKI's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=11504 - 8373
=3,131

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12,301 Mil.

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

TOKYO KEIKI'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
=3,131 / 11504
=27.22 %

* 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.


TOKYO KEIKI  (TSE:7721) 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

TOKYO KEIKI had a gross margin of 27.22% for the quarter that ended in Dec. 2023 => Competition eroding margins


TOKYO KEIKI Gross Profit Related Terms

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TOKYO KEIKI (TSE:7721) Business Description

Traded in Other Exchanges
N/A
Address
2-16-46, Minami-Kamata, Ohta-ku, Tokyo, JPN, 144-8551
TOKYO KEIKI Inc is engaged in the manufacture of marine devices, sensors, construction systems, flow and level measurement devices, radars, fluid power systems, among others.

TOKYO KEIKI (TSE:7721) Headlines

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