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Japan Metropolitan Fund Investment (TSE:8953) Gross Profit : 円45,736 Mil (TTM As of Aug. 2023)


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What is Japan Metropolitan Fund Investment Gross Profit?

Japan Metropolitan Fund Investment's gross profit for the six months ended in Aug. 2023 was 円22,906 Mil. Japan Metropolitan Fund Investment's gross profit for the trailing twelve months (TTM) ended in Aug. 2023 was 円45,736 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Japan Metropolitan Fund Investment's gross profit for the six months ended in Aug. 2023 was 円22,906 Mil. Japan Metropolitan Fund Investment's Revenue for the six months ended in Aug. 2023 was 円41,405 Mil. Therefore, Japan Metropolitan Fund Investment's Gross Margin % for the quarter that ended in Aug. 2023 was 55.32%.

Japan Metropolitan Fund Investment had a gross margin of 55.32% for the quarter that ended in Aug. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Japan Metropolitan Fund Investment was 56.36%. The lowest was 48.31%. And the median was 52.51%.


Japan Metropolitan Fund Investment Gross Profit Historical Data

The historical data trend for Japan Metropolitan Fund Investment'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.

Japan Metropolitan Fund Investment Gross Profit Chart

Japan Metropolitan Fund Investment Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34,542.53 34,026.08 34,846.96 38,030.32 46,049.13

Japan Metropolitan Fund Investment Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 23,603.42 22,445.71 22,571.53 22,906.02 22,829.99

Competitive Comparison of Japan Metropolitan Fund Investment's Gross Profit

For the REIT - Retail subindustry, Japan Metropolitan Fund Investment'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.


Japan Metropolitan Fund Investment's Gross Profit Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Japan Metropolitan Fund Investment's Gross Profit distribution charts can be found below:

* The bar in red indicates where Japan Metropolitan Fund Investment's Gross Profit falls into.



Japan Metropolitan Fund Investment Gross Profit Calculation

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

Japan Metropolitan Fund Investment's Gross Profit for the fiscal year that ended in Aug. 2022 is calculated as

Gross Profit (A: Aug. 2022 )=Revenue - Cost of Goods Sold
=81710.966 - 35661.837
=46,049

Japan Metropolitan Fund Investment's Gross Profit for the quarter that ended in Aug. 2023 is calculated as

Gross Profit (Q: Aug. 2023 )=Revenue - Cost of Goods Sold
=41405.304 - 18499.288
=22,906

Gross Profit for the trailing twelve months (TTM) ended in Aug. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円45,736 Mil.

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

Japan Metropolitan Fund Investment's Gross Margin % for the quarter that ended in Aug. 2023 is calculated as

Gross Margin % (Q: Aug. 2023 )=Gross Profit (Q: Aug. 2023 ) / Revenue (Q: Aug. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=22,906 / 41405.304
=55.32 %

* 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.


Japan Metropolitan Fund Investment  (TSE:8953) 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

Japan Metropolitan Fund Investment had a gross margin of 55.32% for the quarter that ended in Aug. 2023 => Durable competitive advantage


Japan Metropolitan Fund Investment Gross Profit Related Terms

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Japan Metropolitan Fund Investment (TSE:8953) Business Description

Traded in Other Exchanges
Address
Marunouchi 2-chome, Tokyo Building 7-3, Chiyoda-ku, Tokyo, JPN, 100-6420
Japan Metropolitan Fund Investment Corp is a Japanese real estate investment trust that specialises in retail properties. The company principally generates revenue from leasing properties to tenants, which include supermarkets, clothing and accessory stores, cosmetic shops, general merchandise stores, and entertainment venues. The company's properties are located domestically in urban and suburban areas, with approximately half in the Greater Tokyo metropolitan area and the remaining in Osaka, Nagoya and surrounding areas, and other major cities.

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