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Tokyo Kaikan Co (TSE:9701) Gross Profit : 円1,842 Mil (TTM As of Dec. 2023)


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What is Tokyo Kaikan Co Gross Profit?

Tokyo Kaikan Co's gross profit for the three months ended in Dec. 2023 was 円753 Mil. Tokyo Kaikan Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was 円1,842 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Tokyo Kaikan Co's gross profit for the three months ended in Dec. 2023 was 円753 Mil. Tokyo Kaikan Co's Revenue for the three months ended in Dec. 2023 was 円4,145 Mil. Therefore, Tokyo Kaikan Co's Gross Margin % for the quarter that ended in Dec. 2023 was 18.18%.

Tokyo Kaikan Co had a gross margin of 18.18% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Tokyo Kaikan Co was 13.66%. The lowest was -65.44%. And the median was 8.91%.


Tokyo Kaikan Co Gross Profit Historical Data

The historical data trend for Tokyo Kaikan 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.

Tokyo Kaikan Co Gross Profit Chart

Tokyo Kaikan 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 620.53 1,037.51 -2,640.23 -930.87 1,024.98

Tokyo Kaikan 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 522.18 337.45 568.82 181.91 753.40

Competitive Comparison of Tokyo Kaikan Co's Gross Profit

For the Restaurants subindustry, Tokyo Kaikan 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.


Tokyo Kaikan Co's Gross Profit Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Tokyo Kaikan Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Tokyo Kaikan Co's Gross Profit falls into.



Tokyo Kaikan Co Gross Profit Calculation

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

Tokyo Kaikan 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
=12885.69 - 11860.712
=1,025

Tokyo Kaikan 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
=4144.804 - 3391.408
=753

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1,842 Mil.

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

Tokyo Kaikan 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
=753 / 4144.804
=18.18 %

* 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 Kaikan Co  (TSE:9701) 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 Kaikan Co had a gross margin of 18.18% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Tokyo Kaikan Co Gross Profit Related Terms

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Tokyo Kaikan Co (TSE:9701) Business Description

Traded in Other Exchanges
N/A
Address
No. 2 No. 1 of Marunouchi 3-chome, Chiyoda-ku, Tokyo, JPN, 100-0005
Tokyo Kaikan Co Ltd engages in the management of banquet halls, wedding halls and restaurants. It offers wedding services, gifts, boutiques, galleries, clubs, cafe, cocktail lounge, and catering services. It also engages in the purchase and sale of food and beverages.

Tokyo Kaikan Co (TSE:9701) Headlines

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