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Dai-Ichi Cutter Kogyo KK (TSE:1716) Gross Margin % : 30.97% (As of Mar. 2024)


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What is Dai-Ichi Cutter Kogyo KK Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Dai-Ichi Cutter Kogyo KK's Gross Profit for the three months ended in Mar. 2024 was 円1,406 Mil. Dai-Ichi Cutter Kogyo KK's Revenue for the three months ended in Mar. 2024 was 円4,539 Mil. Therefore, Dai-Ichi Cutter Kogyo KK's Gross Margin % for the quarter that ended in Mar. 2024 was 30.97%.


The historical rank and industry rank for Dai-Ichi Cutter Kogyo KK's Gross Margin % or its related term are showing as below:

TSE:1716' s Gross Margin % Range Over the Past 10 Years
Min: 30.37   Med: 31.92   Max: 33.49
Current: 30.97


During the past 13 years, the highest Gross Margin % of Dai-Ichi Cutter Kogyo KK was 33.49%. The lowest was 30.37%. And the median was 31.92%.

TSE:1716's Gross Margin % is ranked better than
71% of 1614 companies
in the Construction industry
Industry Median: 19.495 vs TSE:1716: 30.97

Dai-Ichi Cutter Kogyo KK had a gross margin of 30.97% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Dai-Ichi Cutter Kogyo KK was 0.50% per year.


Dai-Ichi Cutter Kogyo KK Gross Margin % Historical Data

The historical data trend for Dai-Ichi Cutter Kogyo KK'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.

Dai-Ichi Cutter Kogyo KK Gross Margin % Chart

Dai-Ichi Cutter Kogyo KK Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.15 33.49 32.65 31.82 31.81

Dai-Ichi Cutter Kogyo KK Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 34.03 29.30 33.49 29.89 30.97

Competitive Comparison of Dai-Ichi Cutter Kogyo KK's Gross Margin %

For the Engineering & Construction subindustry, Dai-Ichi Cutter Kogyo KK'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.


Dai-Ichi Cutter Kogyo KK's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Dai-Ichi Cutter Kogyo KK's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Dai-Ichi Cutter Kogyo KK's Gross Margin % falls into.



Dai-Ichi Cutter Kogyo KK Gross Margin % Calculation

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

Dai-Ichi Cutter Kogyo KK's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=7050.9 / 22164.393
=(Revenue - Cost of Goods Sold) / Revenue
=(22164.393 - 15113.455) / 22164.393
=31.81 %

Dai-Ichi Cutter Kogyo KK's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=1405.5 / 4538.742
=(Revenue - Cost of Goods Sold) / Revenue
=(4538.742 - 3133.226) / 4538.742
=30.97 %

* 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.


Dai-Ichi Cutter Kogyo KK  (TSE:1716) 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

Dai-Ichi Cutter Kogyo KK had a gross margin of 30.97% for the quarter that ended in Mar. 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.


Dai-Ichi Cutter Kogyo KK Gross Margin % Related Terms

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Dai-Ichi Cutter Kogyo KK (TSE:1716) Business Description

Traded in Other Exchanges
N/A
Address
833 Hagien, Chigasaki-shi, Kanagawa, JPN, 253-0071
Dai-Ichi Cutter Kogyo KK operates in the construction industry. It performs cutting, drilling, and surface polishing works for asphalt and concrete infrastructures. It also provides washing works for production facilities. The company's business division includes Diamond construction method, Water jet construction method, Blasting method, Base treatment method, and Building Maintenance.

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