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Tokai Holdings (TSE:3167) Gross Profit : 円89,951 Mil (TTM As of Mar. 2024)


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What is Tokai Holdings Gross Profit?

Tokai Holdings's gross profit for the three months ended in Mar. 2024 was 円26,124 Mil. Tokai Holdings's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was 円89,951 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Tokai Holdings's gross profit for the three months ended in Mar. 2024 was 円26,124 Mil. Tokai Holdings's Revenue for the three months ended in Mar. 2024 was 円66,837 Mil. Therefore, Tokai Holdings's Gross Margin % for the quarter that ended in Mar. 2024 was 39.09%.

Tokai Holdings had a gross margin of 39.09% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Tokai Holdings was 42.12%. The lowest was 36.76%. And the median was 40.10%.

Warning Sign:

Tokai Holdings Corp gross margin has been in long-term decline. The average rate of decline per year is -1.1%.


Tokai Holdings Gross Profit Historical Data

The historical data trend for Tokai Holdings'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.

Tokai Holdings Gross Profit Chart

Tokai Holdings 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 79,289.00 82,870.00 85,212.00 86,060.00 89,951.00

Tokai Holdings 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 24,531.00 20,350.00 20,160.00 23,317.00 26,124.00

Competitive Comparison of Tokai Holdings's Gross Profit

For the Conglomerates subindustry, Tokai Holdings'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.


Tokai Holdings's Gross Profit Distribution in the Conglomerates Industry

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

* The bar in red indicates where Tokai Holdings's Gross Profit falls into.



Tokai Holdings Gross Profit Calculation

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

Tokai Holdings'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
=231513 - 141562
=89,951

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=66837 - 40713
=26,124

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89,951 Mil.

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

Tokai Holdings'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
=26,124 / 66837
=39.09 %

* 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.


Tokai Holdings  (TSE:3167) 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

Tokai Holdings had a gross margin of 39.09% for the quarter that ended in Mar. 2024 => Competition eroding margins


Tokai Holdings Gross Profit Related Terms

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Tokai Holdings (TSE:3167) Business Description

Traded in Other Exchanges
N/A
Address
2-6-8, Tokiwa-Cho, Aoi-ku, Shizuoka Prefecture, Shizuoka, JPN, 5008828
Tokai Holdings Corp is engaged in miscellaneous business operations. The scope of its activities includes energy, residential real estate and cable television. The energy business relates to the sale of liquefied petroleum gas, liquefied natural gas, oil products, high-pressure gas such as oxygen and nitrogen. The real estate division is responsible for the construction and design of residential buildings and stores. The communication division is engaged in software development, information processing service, optical fiber leasing, data transmission, and the sale of asymmetric digital subscriber line.

Tokai Holdings (TSE:3167) Headlines

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