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Heiwa (TSE:6412) Gross Profit : 円50,233 Mil (TTM As of Sep. 2024)


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What is Heiwa Gross Profit?

Heiwa's gross profit for the three months ended in Sep. 2024 was 円12,487 Mil. Heiwa's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was 円50,233 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Heiwa's gross profit for the three months ended in Sep. 2024 was 円12,487 Mil. Heiwa's Revenue for the three months ended in Sep. 2024 was 円36,204 Mil. Therefore, Heiwa's Gross Margin % for the quarter that ended in Sep. 2024 was 34.49%.

Heiwa had a gross margin of 34.49% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Heiwa was 39.97%. The lowest was 26.95%. And the median was 35.67%.

Warning Sign:

Heiwa Corp gross margin has been in long-term decline. The average rate of decline per year is -2.6%.


Heiwa Gross Profit Historical Data

The historical data trend for Heiwa'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.

Heiwa Gross Profit Chart

Heiwa Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56,312.00 29,035.00 33,399.00 49,313.00 46,796.00

Heiwa Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 10,362.00 12,764.00 11,155.00 13,827.00 12,487.00

Competitive Comparison of Heiwa's Gross Profit

For the Leisure subindustry, Heiwa'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.


Heiwa's Gross Profit Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Heiwa's Gross Profit distribution charts can be found below:

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



Heiwa Gross Profit Calculation

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

Heiwa's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=136381 - 89585
=46,796

Heiwa's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=36204 - 23717
=12,487

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円50,233 Mil.

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

Heiwa's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=12,487 / 36204
=34.49 %

* 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.


Heiwa  (TSE:6412) 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

Heiwa had a gross margin of 34.49% for the quarter that ended in Sep. 2024 => Competition eroding margins


Heiwa Gross Profit Related Terms

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Heiwa Business Description

Traded in Other Exchanges
N/A
Address
1 Chome-16-1 Higashiueno, Taito-ku, Tokyo, JPN, 110-0015
Heiwa Corp is a gambling company involved in the manufacturing and sales of pachinko and pachislot machines. The company operates in two business segments: game machines and golf. The game machine business develops pachinko machines, a gambling device with pinball-like characteristics, which are sold to pachinko parlors throughout Japan. Pachinko parlors allow users to purchase small steel balls, which are utilized in pachinko machines under the objective of winning more balls, which can then be exchanged for prizes. Pachislot machines, which are a similar gambling device with characteristics of pachinko and slot machines, are developed in a similar manner. The company's golf segment operates a number of golf courses. Heiwa generates the vast majority of its revenue in Japan.

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