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Tokyo Tatemono Co (STU:T6R) Gross Margin % : 27.74% (As of Jun. 2024)


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What is Tokyo Tatemono Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Tokyo Tatemono Co's Gross Profit for the three months ended in Jun. 2024 was €264 Mil. Tokyo Tatemono Co's Revenue for the three months ended in Jun. 2024 was €950 Mil. Therefore, Tokyo Tatemono Co's Gross Margin % for the quarter that ended in Jun. 2024 was 27.74%.


The historical rank and industry rank for Tokyo Tatemono Co's Gross Margin % or its related term are showing as below:

STU:T6R' s Gross Margin % Range Over the Past 10 Years
Min: 23.77   Med: 27.48   Max: 29.7
Current: 27.3


During the past 13 years, the highest Gross Margin % of Tokyo Tatemono Co was 29.70%. The lowest was 23.77%. And the median was 27.48%.

STU:T6R's Gross Margin % is ranked worse than
63.52% of 1642 companies
in the Real Estate industry
Industry Median: 36.155 vs STU:T6R: 27.30

Tokyo Tatemono Co had a gross margin of 27.74% for the quarter that ended in Jun. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Tokyo Tatemono Co was 0.30% per year.


Tokyo Tatemono Co Gross Margin % Historical Data

The historical data trend for Tokyo Tatemono Co's Gross Margin % 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 Tatemono Co Gross Margin % Chart

Tokyo Tatemono Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.77 24.79 27.18 29.00 29.02

Tokyo Tatemono Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Margin % 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 26.62 27.25 27.38 27.74 26.36

Competitive Comparison of Tokyo Tatemono Co's Gross Margin %

For the Real Estate Services subindustry, Tokyo Tatemono Co's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Tatemono Co's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tokyo Tatemono Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Tokyo Tatemono Co's Gross Margin % falls into.



Tokyo Tatemono Co Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Tokyo Tatemono Co's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=694.9 / 2394.353
=(Revenue - Cost of Goods Sold) / Revenue
=(2394.353 - 1699.407) / 2394.353
=29.02 %

Tokyo Tatemono Co's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=263.5 / 949.956
=(Revenue - Cost of Goods Sold) / Revenue
=(949.956 - 686.422) / 949.956
=27.74 %

* 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 Tatemono Co  (STU:T6R) Gross Margin % 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 Tatemono Co had a gross margin of 27.74% for the quarter that ended in Jun. 2024 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Tokyo Tatemono Co Gross Margin % Related Terms

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Tokyo Tatemono Co Business Description

Traded in Other Exchanges
Address
9-9, Yaesu 1-chome, Chuo-ku, Tokyo, JPN, 103-8285
Tokyo Tatemono Co Ltd is operative in Japan's real estate sector through its associates. Its interest lies in residential and commercial property development and provision of real estate related solutions such as brokerage, leasing and handling real estate applications. The company relies on its two core business lines which are, residential and commercial property sales. Tokyo Tatemono's residential portfolio is comprised of the Brillia brand of properties that are offered for sale or on a rental basis. Its commercial properties are located in prime areas of cosmopolitan Japan.

Tokyo Tatemono Co Headlines

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