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Daikokuya Holdings Co (TSE:6993) Gross Profit : 円3,324 Mil (TTM As of Dec. 2023)


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What is Daikokuya Holdings Co Gross Profit?

Daikokuya Holdings Co's gross profit for the three months ended in Dec. 2023 was 円877 Mil. Daikokuya Holdings Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was 円3,324 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Daikokuya Holdings Co's gross profit for the three months ended in Dec. 2023 was 円877 Mil. Daikokuya Holdings Co's Revenue for the three months ended in Dec. 2023 was 円2,941 Mil. Therefore, Daikokuya Holdings Co's Gross Margin % for the quarter that ended in Dec. 2023 was 29.82%.

Daikokuya Holdings Co had a gross margin of 29.82% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Daikokuya Holdings Co was 35.45%. The lowest was 20.72%. And the median was 31.07%.

Warning Sign:

Daikokuya Holdings Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -7.2%.


Daikokuya Holdings Co Gross Profit Historical Data

The historical data trend for Daikokuya Holdings Co'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.

Daikokuya Holdings Co Gross Profit Chart

Daikokuya Holdings Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,419.17 5,098.05 3,125.89 3,602.04 3,485.43

Daikokuya Holdings Co 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 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 983.14 786.68 880.12 780.00 877.03

Competitive Comparison of Daikokuya Holdings Co's Gross Profit

For the Electrical Equipment & Parts subindustry, Daikokuya Holdings Co'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.


Daikokuya Holdings Co's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Daikokuya Holdings Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Daikokuya Holdings Co's Gross Profit falls into.



Daikokuya Holdings Co Gross Profit Calculation

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

Daikokuya Holdings Co's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=12452.113 - 8966.687
=3,485

Daikokuya Holdings Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=2941.342 - 2064.316
=877

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3,324 Mil.

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

Daikokuya Holdings Co'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
=877 / 2941.342
=29.82 %

* 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.


Daikokuya Holdings Co  (TSE:6993) 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

Daikokuya Holdings Co had a gross margin of 29.82% for the quarter that ended in Dec. 2023 => Competition eroding margins


Daikokuya Holdings Co Gross Profit Related Terms

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Daikokuya Holdings Co (TSE:6993) Business Description

Traded in Other Exchanges
N/A
Address
Minato-ku, Konan 4-chome No. 1 No. 8, Yubinbango, Tokyo, JPN, 108-0075
Daikokuya Holdings Co Ltd is engaged in electric business as well as an investment business. Its mainly engaged in the industrial lighting fixtures and electric piping equipment. Its handling products include industrial lighting equipment, industrial electric piping equipment, control equipment and various electrical equipment for industrial use.

Daikokuya Holdings Co (TSE:6993) Headlines

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