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Sumitomo Realty & Development Co (TSE:8830) Gross Profit : 円346,994 Mil (TTM As of Sep. 2024)


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What is Sumitomo Realty & Development Co Gross Profit?

Sumitomo Realty & Development Co's gross profit for the three months ended in Sep. 2024 was 円77,621 Mil. Sumitomo Realty & Development Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was 円346,994 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sumitomo Realty & Development Co's gross profit for the three months ended in Sep. 2024 was 円77,621 Mil. Sumitomo Realty & Development Co's Revenue for the three months ended in Sep. 2024 was 円223,856 Mil. Therefore, Sumitomo Realty & Development Co's Gross Margin % for the quarter that ended in Sep. 2024 was 34.67%.

Sumitomo Realty & Development Co had a gross margin of 34.67% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Sumitomo Realty & Development Co was 34.34%. The lowest was 28.12%. And the median was 30.69%.


Sumitomo Realty & Development Co Gross Profit Historical Data

The historical data trend for Sumitomo Realty & Development 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.

Sumitomo Realty & Development Co Gross Profit Chart

Sumitomo Realty & Development Co 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 321,680.00 287,907.00 302,442.00 314,452.00 332,349.00

Sumitomo Realty & Development Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 74,085.00 73,445.00 115,318.00 77,621.00 80,610.00

Competitive Comparison of Sumitomo Realty & Development Co's Gross Profit

For the Real Estate Services subindustry, Sumitomo Realty & Development 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.


Sumitomo Realty & Development Co's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sumitomo Realty & Development Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Sumitomo Realty & Development Co's Gross Profit falls into.


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Sumitomo Realty & Development Co Gross Profit Calculation

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

Sumitomo Realty & Development Co'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
=967692 - 635343
=332,349

Sumitomo Realty & Development Co's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=223856 - 146235
=77,621

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346,994 Mil.

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

Sumitomo Realty & Development Co'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
=77,621 / 223856
=34.67 %

* 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.


Sumitomo Realty & Development Co  (TSE:8830) 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

Sumitomo Realty & Development Co had a gross margin of 34.67% for the quarter that ended in Sep. 2024 => Competition eroding margins


Sumitomo Realty & Development Co Gross Profit Related Terms

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Sumitomo Realty & Development Co Business Description

Traded in Other Exchanges
Address
Shinjuku NS Building, 4-1, Nishi-Shinjuku 2-chome, Shinjuku-ku, Tokyo, JPN, 163-0820
Sumitomo Realty & Development is one of the three big Japanese real estate companies. Unlike Mitsubishi Estate in Marunouchi or Mitsui Fudosan in Nihonbashi, it did not inherit a cluster of prime properties from its prewar predecessor, so Sumitomo Realty has built up a portfolio dispersed across central Tokyo (not just in the main business districts) by opportunistically redeveloping plots of land acquired piecemeal. After office leasing, condo development is a relatively important business for Sumitomo Realty, contributing close to one fourth of its operating profit. The firm is slightly smaller than Mitsubishi Estate and Mitsui Fudosan by assets and has more financial leverage than they do.

Sumitomo Realty & Development Co Headlines

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