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Yamazaki Baking Co (TSE:2212) Gross Profit : 円392,156 Mil (TTM As of Mar. 2024)


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What is Yamazaki Baking Co Gross Profit?

Yamazaki Baking Co's gross profit for the three months ended in Mar. 2024 was 円103,811 Mil. Yamazaki Baking Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was 円392,156 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Yamazaki Baking Co's gross profit for the three months ended in Mar. 2024 was 円103,811 Mil. Yamazaki Baking Co's Revenue for the three months ended in Mar. 2024 was 円306,658 Mil. Therefore, Yamazaki Baking Co's Gross Margin % for the quarter that ended in Mar. 2024 was 33.85%.

Yamazaki Baking Co had a gross margin of 33.85% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Yamazaki Baking Co was 36.49%. The lowest was 31.90%. And the median was 35.48%.

Warning Sign:

Yamazaki Baking Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.3%.


Yamazaki Baking Co Gross Profit Historical Data

The historical data trend for Yamazaki Baking 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.

Yamazaki Baking Co Gross Profit Chart

Yamazaki Baking Co 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 374,795.00 353,618.00 367,855.00 343,607.00 379,046.00

Yamazaki Baking 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 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 90,701.00 92,793.00 89,465.00 106,087.00 103,811.00

Competitive Comparison of Yamazaki Baking Co's Gross Profit

For the Packaged Foods subindustry, Yamazaki Baking 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.


Yamazaki Baking Co's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Yamazaki Baking Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Yamazaki Baking Co's Gross Profit falls into.



Yamazaki Baking Co Gross Profit Calculation

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

Yamazaki Baking Co'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
=1175562 - 796516
=379,046

Yamazaki Baking Co's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=306658 - 202847
=103,811

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392,156 Mil.

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

Yamazaki Baking Co'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
=103,811 / 306658
=33.85 %

* 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.


Yamazaki Baking Co  (TSE:2212) 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

Yamazaki Baking Co had a gross margin of 33.85% for the quarter that ended in Mar. 2024 => Competition eroding margins


Yamazaki Baking Co Gross Profit Related Terms

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Yamazaki Baking Co (TSE:2212) Business Description

Traded in Other Exchanges
N/A
Address
10-1, Iwamotocho 3-chome, Chiyoda-ku, Tokyo, JPN, 101-8585
Yamazaki Baking is the largest manufacturer of packaged baked goods in Japan, with a nationwide manufacturing and distribution network. It holds about a 40% share of domestic packaged bakery sales. Bread loaves and sweet buns contribute about 44% of group sales. Other key products include Japanese and western-style sweets, biscuits, as well as sandwiches and prepared meal boxes supplied to convenience stores and supermarkets. It also operates a chain of 1,400-plus Daily Yamazaki convenience stores in Japan. While Yamazaki also operates fresh bakeries in Asia, most of the overseas businesses remain unconsolidated given unmeaningful contribution.

Yamazaki Baking Co (TSE:2212) Headlines

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