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Ohashi Technica (TSE:7628) Gross Profit : 円7,687 Mil (TTM As of Dec. 2023)


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What is Ohashi Technica Gross Profit?

Ohashi Technica's gross profit for the three months ended in Dec. 2023 was 円2,058 Mil. Ohashi Technica's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was 円7,687 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Ohashi Technica's gross profit for the three months ended in Dec. 2023 was 円2,058 Mil. Ohashi Technica's Revenue for the three months ended in Dec. 2023 was 円10,246 Mil. Therefore, Ohashi Technica's Gross Margin % for the quarter that ended in Dec. 2023 was 20.09%.

Ohashi Technica had a gross margin of 20.09% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Ohashi Technica was 25.37%. The lowest was 20.09%. And the median was 23.96%.

Warning Sign:

Ohashi Technica Inc gross margin has been in long-term decline. The average rate of decline per year is -2.2%.


Ohashi Technica Gross Profit Historical Data

The historical data trend for Ohashi Technica'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.

Ohashi Technica Gross Profit Chart

Ohashi Technica 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 9,806.09 8,648.27 6,974.13 7,678.75 7,868.06

Ohashi Technica 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 2,054.34 1,980.27 1,868.71 1,779.80 2,058.04

Competitive Comparison of Ohashi Technica's Gross Profit

For the Industrial Distribution subindustry, Ohashi Technica'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.


Ohashi Technica's Gross Profit Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Ohashi Technica's Gross Profit distribution charts can be found below:

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



Ohashi Technica Gross Profit Calculation

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

Ohashi Technica'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
=34974.647 - 27106.584
=7,868

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=10245.831 - 8187.787
=2,058

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7,687 Mil.

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

Ohashi Technica'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
=2,058 / 10245.831
=20.09 %

* 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.


Ohashi Technica  (TSE:7628) 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

Ohashi Technica had a gross margin of 20.09% for the quarter that ended in Dec. 2023 => Competition eroding margins


Ohashi Technica Gross Profit Related Terms

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Ohashi Technica (TSE:7628) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, No. 13, Toranomon, 10th floor, Hurric Kamiyacho Building, Minato-ku, Tokyo, JPN, 105-0001
Ohashi Technica Inc is a Japan-based supplier responsible for design, development, manufacture, and sales of auto parts. The company is engaged in the original technical development and manufacturing and organization of subcontractors covering a range of products and technical fields. Its products are used as automotive parts, engine and mission components, differential components, brake components, body, and chasse components, interior/exterior components, and communications device parts. It has operations in Japan and overseas markets.

Ohashi Technica (TSE:7628) Headlines

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