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Hikari Tsushin (TSE:9435) Gross Profit : 円315,169 Mil (TTM As of Mar. 2024)


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What is Hikari Tsushin Gross Profit?

Hikari Tsushin's gross profit for the three months ended in Mar. 2024 was 円78,819 Mil. Hikari Tsushin's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was 円315,169 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Hikari Tsushin's gross profit for the three months ended in Mar. 2024 was 円78,819 Mil. Hikari Tsushin's Revenue for the three months ended in Mar. 2024 was 円155,260 Mil. Therefore, Hikari Tsushin's Gross Margin % for the quarter that ended in Mar. 2024 was 50.77%.

Hikari Tsushin had a gross margin of 50.77% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Hikari Tsushin was 64.35%. The lowest was 46.17%. And the median was 56.32%.

Warning Sign:

Hikari Tsushin Inc gross margin has been in long-term decline. The average rate of decline per year is -4.4%.


Hikari Tsushin Gross Profit Historical Data

The historical data trend for Hikari Tsushin'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.

Hikari Tsushin Gross Profit Chart

Hikari Tsushin 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 313,741.00 295,553.00 299,948.00 297,333.00 315,170.00

Hikari Tsushin Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 85,683.00 79,069.00 79,146.00 78,135.00 78,819.00

Competitive Comparison of Hikari Tsushin's Gross Profit

For the Conglomerates subindustry, Hikari Tsushin'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.


Hikari Tsushin's Gross Profit Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hikari Tsushin's Gross Profit distribution charts can be found below:

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



Hikari Tsushin Gross Profit Calculation

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

Hikari Tsushin'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
=601948 - 286778
=315,170

Hikari Tsushin's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=155260 - 76441
=78,819

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円315,169 Mil.

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

Hikari Tsushin's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=78,819 / 155260
=50.77 %

* 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.


Hikari Tsushin  (TSE:9435) 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

Hikari Tsushin had a gross margin of 50.77% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Hikari Tsushin Gross Profit Related Terms

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Hikari Tsushin (TSE:9435) Business Description

Traded in Other Exchanges
Address
Hikari West Gate Building, 1-4-10, Nishi Ikebukuro, Toshima-ku, Tokyo, JPN, 171-0021
Hikari Tsushin Inc is a Japanese company that provides services such networking and automation products offers individual insurance plans for small and medium-size enterprises. The company has three reporting segments: corporate, shop and insurance. The corporate segment offers products such as Wi-Fi routers, SIM cards, water coolers and LED lighting. Revenue is evenly split between the corporate and shop segments with insurance adding a small portion. The company earns the vast majority of its revenue in Japan.

Hikari Tsushin (TSE:9435) Headlines

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