Ichiyoshi Securities Co (TSE:8624) Gross Profit

: 円17,494 Mil (TTM As of Dec. 2023)

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Ichiyoshi Securities Co's gross profit for the three months ended in Dec. 2023 was 円4,332 Mil. Ichiyoshi Securities Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was 円17,494 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Ichiyoshi Securities Co's gross profit for the three months ended in Dec. 2023 was 円4,332 Mil. Ichiyoshi Securities Co's Revenue for the three months ended in Dec. 2023 was 円4,338 Mil. Therefore, Ichiyoshi Securities Co's Gross Margin % for the quarter that ended in Dec. 2023 was 99.86%.

Ichiyoshi Securities Co had a gross margin of 99.86% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Ichiyoshi Securities Co was 99.81%. The lowest was 91.49%. And the median was 94.02%.

Ichiyoshi Securities Co Gross Profit Historical Data

The historical data trend for Ichiyoshi Securities 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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 19,766.00 [6] => 17,239.00 [7] => 18,196.00 [8] => 19,551.00 [9] => 16,622.00 )

Ichiyoshi Securities Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Profit

19,766.00

17,239.00

18,196.00

19,551.00

16,622.00

Ichiyoshi Securities 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																4,096.00	4,017.00	4,568.00	4,577.00	4,332.00

Competitive Comparison

For the Asset Management subindustry, Ichiyoshi Securities 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.

Ichiyoshi Securities Co Gross Profit Distribution

For the Asset Management industry and Financial Services sector, Ichiyoshi Securities Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Ichiyoshi Securities Co's Gross Profit falls into.

Ichiyoshi Securities Co Gross Profit Calculation

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

Ichiyoshi Securities 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
	=	16663	-	41
	=	16,622

Ichiyoshi Securities 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
	=	4338	-	6
	=	4,332

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17,494 Mil.

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

Ichiyoshi Securities 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
	=	4,332	/	4338
	=	99.86 %

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.

Ichiyoshi Securities Co (TSE:8624) 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

Ichiyoshi Securities Co had a gross margin of 99.86% for the quarter that ended in Dec. 2023 => Durable competitive advantage

Ichiyoshi Securities Co Gross Profit Related Terms

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Ichiyoshi Securities Co (TSE:8624) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ichiyoshi Securities Co Ltd (TSE:8624) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-14-1 Hatchobori, Chuo-ku, Tokyo, JPN

Website

http://www.ichiyoshi.co.jp

Ichiyoshi Securities Co Ltd is a Japan-based securities company engaged in the provision of investment and other financial services. Principally, it is involved in the purchase, underwriting, offerings, and agency brokerage of securities, as well as the private offering of securities. Additionally, it is also into leasing, brokerage, and management of real estate and many more.

Ichiyoshi Securities Co (TSE:8624) Headlines

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