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NIPPON CONCEPT (TSE:9386) Gross Profit : 円4,835 Mil (TTM As of Jun. 2024)


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What is NIPPON CONCEPT Gross Profit?

NIPPON CONCEPT's gross profit for the three months ended in Jun. 2024 was 円1,407 Mil. NIPPON CONCEPT's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was 円4,835 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. NIPPON CONCEPT's gross profit for the three months ended in Jun. 2024 was 円1,407 Mil. NIPPON CONCEPT's Revenue for the three months ended in Jun. 2024 was 円4,638 Mil. Therefore, NIPPON CONCEPT's Gross Margin % for the quarter that ended in Jun. 2024 was 30.34%.

NIPPON CONCEPT had a gross margin of 30.34% for the quarter that ended in Jun. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of NIPPON CONCEPT was 30.88%. The lowest was 23.68%. And the median was 28.35%.


NIPPON CONCEPT Gross Profit Historical Data

The historical data trend for NIPPON CONCEPT'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.

NIPPON CONCEPT Gross Profit Chart

NIPPON CONCEPT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,513.13 2,906.97 4,348.44 6,836.73 5,222.33

NIPPON CONCEPT 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 1,299.88 1,241.87 1,090.53 1,095.89 1,407.05

Competitive Comparison of NIPPON CONCEPT's Gross Profit

For the Oil & Gas Midstream subindustry, NIPPON CONCEPT'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.


NIPPON CONCEPT's Gross Profit Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NIPPON CONCEPT's Gross Profit distribution charts can be found below:

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



NIPPON CONCEPT Gross Profit Calculation

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

NIPPON CONCEPT's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=17292.353 - 12070.028
=5,222

NIPPON CONCEPT's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=4638.079 - 3231.034
=1,407

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円4,835 Mil.

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

NIPPON CONCEPT's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,407 / 4638.079
=30.34 %

* 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.


NIPPON CONCEPT  (TSE:9386) 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

NIPPON CONCEPT had a gross margin of 30.34% for the quarter that ended in Jun. 2024 => Competition eroding margins


NIPPON CONCEPT Gross Profit Related Terms

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NIPPON CONCEPT Business Description

Traded in Other Exchanges
N/A
Address
Fukoku Seimei Building 8F, 2-2 Uchisaiwaicho 2-Chome, Chiyoda-ku, Tokyo, JPN, 100-0011
NIPPON CONCEPT Corp is engaged in the business of transportation of chemicals and various gases. The company is also involved in the storage of liquid cargo, recovery and destruction of freon gas, cleaning and maintenance of chemical tank containers, and storage and inspection of gas tank containers.

NIPPON CONCEPT Headlines

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