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JTEKT (TSE:6473) Gross Profit : 円282,958 Mil (TTM As of Mar. 2024)


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What is JTEKT Gross Profit?

JTEKT's gross profit for the three months ended in Mar. 2024 was 円76,349 Mil. JTEKT's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was 円282,958 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. JTEKT's gross profit for the three months ended in Mar. 2024 was 円76,349 Mil. JTEKT's Revenue for the three months ended in Mar. 2024 was 円479,677 Mil. Therefore, JTEKT's Gross Margin % for the quarter that ended in Mar. 2024 was 15.92%.

JTEKT had a gross margin of 15.92% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of JTEKT was 16.90%. The lowest was 13.78%. And the median was 15.12%.


JTEKT Gross Profit Historical Data

The historical data trend for JTEKT'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.

JTEKT Gross Profit Chart

JTEKT 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 208,207.00 171,705.00 209,878.00 255,146.00 283,927.00

JTEKT Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 64,724.00 62,263.00 80,591.00 76,349.00 63,755.00

Competitive Comparison of JTEKT's Gross Profit

For the Auto Parts subindustry, JTEKT'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.


JTEKT's Gross Profit Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, JTEKT's Gross Profit distribution charts can be found below:

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



JTEKT Gross Profit Calculation

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

JTEKT'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
=1891504 - 1607577
=283,927

JTEKT's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=479677 - 403328
=76,349

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円282,958 Mil.

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

JTEKT'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=76,349 / 479677
=15.92 %

* 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.


JTEKT  (TSE:6473) 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

JTEKT had a gross margin of 15.92% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


JTEKT Gross Profit Related Terms

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JTEKT Business Description

Traded in Other Exchanges
Address
No. 7-1, Meieki 4-chome, Nakamura-ku, 15th floor, Aichi Prefecture, Nagoya, JPN, 450-8515
JTEKT Corp is a manufacturer of automotive parts, bearings, and machine tools. The company's largest business division by revenue produces steering systems and driveline components for automobiles and bearings to minimize energy loss used in wind generation, transportation, agriculture, and construction. The smaller machine tools and mechatronics division offers grinders, spindler and CNC machines, and production efficiency enhancement solutions. Jtekt's largest end market is Japan, while the company also generates sales in North America, Europe, and elsewhere in Asia.

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