Japan Tobacco (TSE:2914) Gross Profit : 円1,615,103 Mil (TTM As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

What is Japan Tobacco Gross Profit?

Japan Tobacco's gross profit for the three months ended in Dec. 2023 was 円337,460 Mil. Japan Tobacco's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was 円1,615,103 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Japan Tobacco's gross profit for the three months ended in Dec. 2023 was 円337,460 Mil. Japan Tobacco's Revenue for the three months ended in Dec. 2023 was 円684,059 Mil. Therefore, Japan Tobacco's Gross Margin % for the quarter that ended in Dec. 2023 was 49.33%.

Japan Tobacco had a gross margin of 49.33% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Japan Tobacco was 60.57%. The lowest was 56.69%. And the median was 58.90%.

Japan Tobacco Gross Profit Historical Data

The historical data trend for Japan Tobacco'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 Tobacco Gross Profit Chart

Japan Tobacco Annual Data

Trend

Mar14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Profit

Get a 7-Day Free Trial

1,233,326.00

1,194,560.00

1,367,976.00

1,566,843.00

1,615,103.00

Japan Tobacco Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Profit	Get a 7-Day Free Trial															364,777.00	402,946.00	426,055.00	448,642.00	337,460.00

Competitive Comparison of Japan Tobacco's Gross Profit

For the Tobacco subindustry, Japan Tobacco'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 Tobacco's Gross Profit Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Japan Tobacco's Gross Profit distribution charts can be found below:

* The bar in red indicates where Japan Tobacco's Gross Profit falls into.

Japan Tobacco Gross Profit Calculation

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

Japan Tobacco's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	2841077	-	1225974
	=	1,615,103

Japan Tobacco's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	684059	-	346599
	=	337,460

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1,615,103 Mil.

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

Japan Tobacco'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
	=	337,460	/	684059
	=	49.33 %

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 Tobacco (TSE:2914) 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 Tobacco had a gross margin of 49.33% for the quarter that ended in Dec. 2023 => Durable competitive advantage

Japan Tobacco Gross Profit Related Terms

Thank you for viewing the detailed overview of Japan Tobacco's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.

Japan Tobacco (TSE:2914) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Japan Tobacco Inc (TSE:2914) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

JAPAY:USA JAPAF:USA JAT:Germany

Address

2-1, Toranomon 2-chome, Minato-ku, Tokyo, JPN, 105-8422

Website

http://www.jt.com

Japan Tobacco is the third-largest tobacco company globally. It owns a rich brand portfolio including Winston (non-U.S.), Camel (non-U.S.), and Mevius, and holds leading shares in many core markets including Japan, Russia, and the U.K. It has added Logic as a vaping brand and Ploom heated tobacco lines into its reduced-risk-product portfolio. The tobacco business contributes 90% of group sales and nearly all profits, with more than half generated by the overseas tobacco operations. JTI was created through the acquisition of R.J. Reynolds' non-U.S. operations in 1999 and further expanded through multiple acquisitions, of which the purchase of Gallaher in 2007 was the most notable, doubling JTI's sales. Pharmaceutical and processed food operations are the other businesses.

Japan Tobacco (TSE:2914) Headlines

No Headlines