Meiji Holdings Co (Meiji Holdings Co) Gross-Profit-to-Asset % : 25.59% (As of Mar. 2024)

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What is Meiji Holdings Co Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Meiji Holdings Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was $2,128 Mil. Meiji Holdings Co's average Total Assets over the quarter that ended in Mar. 2024 was $8,315 Mil. Therefore, Meiji Holdings Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 25.59%.

Meiji Holdings Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Meiji Holdings Co's Gross-Profit-to-Asset % 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.

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Meiji Holdings Co Gross-Profit-to-Asset % Chart

Meiji Holdings Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Gross-Profit-to-Asset %

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46.92

43.33

28.34

25.61

26.41

Meiji Holdings Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															24.61	25.71	28.35	28.24	25.59

Competitive Comparison of Meiji Holdings Co's Gross-Profit-to-Asset %

For the Packaged Foods subindustry, Meiji Holdings Co's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.

Meiji Holdings Co's Gross-Profit-to-Asset % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Meiji Holdings Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Meiji Holdings Co's Gross-Profit-to-Asset % falls into.

Meiji Holdings Co Gross-Profit-to-Asset % Calculation

Meiji Holdings Co's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Mar. 2024 )	/	( (Total Assets (A: Mar. 2023 )	+	Total Assets (A: Mar. 2024 ))	/ count )
	=	2184.942	/	( (8500.527	+	8044.982)	/ 2 )
	=	2184.942	/	8272.7545
	=	26.41 %

Meiji Holdings Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	2127.64	/	( (8584.304	+	8044.982)	/ 2 )
	=	2127.64	/	8314.643
	=	25.59 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Meiji Holdings Co Gross-Profit-to-Asset % Related Terms

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Meiji Holdings Co (Meiji Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Meiji Holdings Co Ltd (OTCPK:MEJHY) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

2269:Japan

Address

4-16, Kyobashi 2-chome, Chuo-ku, Tokyo, JPN, 104-0031

Website

http://www.meiji.com

Meiji Holdings was established in April 2009 as a merged entity of Meiji Dairies, Japan's largest dairy company, and Meiji Seika, the country's number-two confectionery maker. The amalgamation was propelled by a surge in commodity prices, Japan's aging and shrinking population, and fierce competition. The food business, comprising dairy and confectionery operations, represents more than 80% of the group's sales and profits. The rest mainly comes from the pharmaceutical business, specializing in antibacterial and generic drugs, as well as vaccines. Meiji is looking to step up overseas expansion of the food business, particularly in China, which will serve as a key growth driver over the medium term.

Meiji Holdings Co (Meiji Holdings Co) Headlines

From GuruFocus

Bernard Horn Comments on MEIJI Holdings

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Meiji Holdings Co Stock Appears To Be Modestly Undervalued

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