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Nippon Hotel & Residential Investment (TSE:3472) Gross Profit : 円1,369 Mil (TTM As of May. 2023)


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What is Nippon Hotel & Residential Investment Gross Profit?

Nippon Hotel & Residential Investment's gross profit for the six months ended in May. 2023 was 円693 Mil. Nippon Hotel & Residential Investment's gross profit for the trailing twelve months (TTM) ended in May. 2023 was 円1,369 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Nippon Hotel & Residential Investment's gross profit for the six months ended in May. 2023 was 円693 Mil. Nippon Hotel & Residential Investment's Revenue for the six months ended in May. 2023 was 円1,222 Mil. Therefore, Nippon Hotel & Residential Investment's Gross Margin % for the quarter that ended in May. 2023 was 56.72%.

Nippon Hotel & Residential Investment had a gross margin of 56.72% for the quarter that ended in May. 2023 => Durable competitive advantage

During the past 7 years, the highest Gross Margin % of Nippon Hotel & Residential Investment was 67.21%. The lowest was 55.67%. And the median was 60.38%.

Warning Sign:

Nippon Hotel & Residential Investment Corp gross margin has been in long-term decline. The average rate of decline per year is -3.6%.


Nippon Hotel & Residential Investment Gross Profit Historical Data

The historical data trend for Nippon Hotel & Residential 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.

Nippon Hotel & Residential Investment Gross Profit Chart

Nippon Hotel & Residential Investment Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Gross Profit
Get a 7-Day Free Trial 1,828.02 1,771.42 1,651.42 1,541.27 1,408.16

Nippon Hotel & Residential Investment Semi-Annual Data
May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 771.25 770.02 732.03 676.13 692.81

Competitive Comparison of Nippon Hotel & Residential Investment's Gross Profit

For the REIT - Hotel & Motel subindustry, Nippon Hotel & Residential 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.


Nippon Hotel & Residential Investment's Gross Profit Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Nippon Hotel & Residential Investment's Gross Profit distribution charts can be found below:

* The bar in red indicates where Nippon Hotel & Residential Investment's Gross Profit falls into.



Nippon Hotel & Residential Investment Gross Profit Calculation

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

Nippon Hotel & Residential Investment's Gross Profit for the fiscal year that ended in Nov. 2022 is calculated as

Gross Profit (A: Nov. 2022 )=Revenue - Cost of Goods Sold
=2528.912 - 1120.756
=1,408

Nippon Hotel & Residential Investment's Gross Profit for the quarter that ended in May. 2023 is calculated as

Gross Profit (Q: May. 2023 )=Revenue - Cost of Goods Sold
=1221.53 - 528.722
=693

Gross Profit for the trailing twelve months (TTM) ended in May. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円1,369 Mil.

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

Nippon Hotel & Residential Investment's Gross Margin % for the quarter that ended in May. 2023 is calculated as

Gross Margin % (Q: May. 2023 )=Gross Profit (Q: May. 2023 ) / Revenue (Q: May. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=693 / 1221.53
=56.72 %

* 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.


Nippon Hotel & Residential Investment  (TSE:3472) 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

Nippon Hotel & Residential Investment had a gross margin of 56.72% for the quarter that ended in May. 2023 => Durable competitive advantage


Nippon Hotel & Residential Investment Gross Profit Related Terms

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Nippon Hotel & Residential Investment (TSE:3472) Business Description

Traded in Other Exchanges
N/A
Address
3-3-4 Nihonbashihoncho, Chuo-ku, Tokyo, JPN, 103-0023
Ooedo Onsen Reit Investment Corp is a real estate investment trust externally managed by Ooedo Onsen Asset Management Co., Ltd. The firm invests in onsen and spa-related facilities, mainly facilities. The company principally invests in hot spring-related industries, such as hotels, hot spring facilities and theme parks.

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