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First-corp (TSE:1430) Gross Profit : 円2,863 Mil (TTM As of May. 2024)


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What is First-corp Gross Profit?

First-corp's gross profit for the three months ended in May. 2024 was 円543 Mil. First-corp's gross profit for the trailing twelve months (TTM) ended in May. 2024 was 円2,863 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. First-corp's gross profit for the three months ended in May. 2024 was 円543 Mil. First-corp's Revenue for the three months ended in May. 2024 was 円7,583 Mil. Therefore, First-corp's Gross Margin % for the quarter that ended in May. 2024 was 7.16%.

First-corp had a gross margin of 7.16% for the quarter that ended in May. 2024 => No sustainable competitive advantage

During the past 11 years, the highest Gross Margin % of First-corp was 15.30%. The lowest was 8.80%. And the median was 13.46%.

Warning Sign:

First-corp Inc gross margin has been in long-term decline. The average rate of decline per year is -4.6%.


First-corp Gross Profit Historical Data

The historical data trend for First-corp'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.

First-corp Gross Profit Chart

First-corp Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,462.45 2,929.28 3,172.00 3,387.91 2,862.84

First-corp Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 1,073.89 556.98 826.39 936.45 543.02

Competitive Comparison of First-corp's Gross Profit

For the Residential Construction subindustry, First-corp'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.


First-corp's Gross Profit Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, First-corp's Gross Profit distribution charts can be found below:

* The bar in red indicates where First-corp's Gross Profit falls into.



First-corp Gross Profit Calculation

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

First-corp's Gross Profit for the fiscal year that ended in May. 2024 is calculated as

Gross Profit (A: May. 2024 )=Revenue - Cost of Goods Sold
=28485.091 - 25622.249
=2,863

First-corp's Gross Profit for the quarter that ended in May. 2024 is calculated as

Gross Profit (Q: May. 2024 )=Revenue - Cost of Goods Sold
=7582.678 - 7039.661
=543

Gross Profit for the trailing twelve months (TTM) ended in May. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円2,863 Mil.

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

First-corp's Gross Margin % for the quarter that ended in May. 2024 is calculated as

Gross Margin % (Q: May. 2024 )=Gross Profit (Q: May. 2024 ) / Revenue (Q: May. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=543 / 7582.678
=7.16 %

* 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.


First-corp  (TSE:1430) 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

First-corp had a gross margin of 7.16% for the quarter that ended in May. 2024 => No sustainable competitive advantage


First-corp Gross Profit Related Terms

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First-corp Business Description

Traded in Other Exchanges
N/A
Address
4-30-16, Ogikubo, 8th Floor, Fujisawa Building, Suginami - ku, Tokyo, JPN, 167-0051
First-corp Inc engages in the condominium construction business. It provides general construction, consultation, planning and design. The firm purchases land, plans and designs, and proposes the same to business owners for construction contracts.

First-corp Headlines

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