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Zojirushi (TSE:7965) Gross Profit : 円26,417 Mil (TTM As of Feb. 2024)


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What is Zojirushi Gross Profit?

Zojirushi's gross profit for the three months ended in Feb. 2024 was 円9,388 Mil. Zojirushi's gross profit for the trailing twelve months (TTM) ended in Feb. 2024 was 円26,417 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Zojirushi's gross profit for the three months ended in Feb. 2024 was 円9,388 Mil. Zojirushi's Revenue for the three months ended in Feb. 2024 was 円28,144 Mil. Therefore, Zojirushi's Gross Margin % for the quarter that ended in Feb. 2024 was 33.36%.

Zojirushi had a gross margin of 33.36% for the quarter that ended in Feb. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Zojirushi was 36.99%. The lowest was 30.27%. And the median was 33.60%.

Warning Sign:

Zojirushi Corp gross margin has been in long-term decline. The average rate of decline per year is -1.6%.


Zojirushi Gross Profit Historical Data

The historical data trend for Zojirushi'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.

Zojirushi Gross Profit Chart

Zojirushi Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26,128.00 25,327.00 26,649.00 24,985.00 26,130.00

Zojirushi Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 9,101.00 5,987.00 4,573.00 6,469.00 9,388.00

Competitive Comparison of Zojirushi's Gross Profit

For the Furnishings, Fixtures & Appliances subindustry, Zojirushi'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.


Zojirushi's Gross Profit Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Zojirushi's Gross Profit distribution charts can be found below:

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



Zojirushi Gross Profit Calculation

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

Zojirushi's Gross Profit for the fiscal year that ended in Nov. 2023 is calculated as

Gross Profit (A: Nov. 2023 )=Revenue - Cost of Goods Sold
=83494 - 57364
=26,130

Zojirushi's Gross Profit for the quarter that ended in Feb. 2024 is calculated as

Gross Profit (Q: Feb. 2024 )=Revenue - Cost of Goods Sold
=28144 - 18756
=9,388

Gross Profit for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円26,417 Mil.

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

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

Gross Margin % (Q: Feb. 2024 )=Gross Profit (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=9,388 / 28144
=33.36 %

* 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.


Zojirushi  (TSE:7965) 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

Zojirushi had a gross margin of 33.36% for the quarter that ended in Feb. 2024 => Competition eroding margins


Zojirushi Gross Profit Related Terms

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Zojirushi (TSE:7965) Business Description

Traded in Other Exchanges
N/A
Address
19-9,1-Chome Tenma, Kita-ku, Osaka, JPN, 530-0043
Zojirushi Corporation is a Japan-based firm that is mainly engaged in the manufacturing, sales, and distribution of cooking appliances, heat-insulating containers and household appliances. The company's products include rice cookers, water boilers, gourmet products, bread makers, coffee makers, thermos bottles, humidifiers, water purifiers, and others. The company is headquartered in Osaka, Japan, and also operates business in overseas areas, including the United States, China, South Korea, and other countries in South East Asia.

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