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Noritsu Koki Co (TSE:7744) Gross Profit : 円47,861 Mil (TTM As of Mar. 2024)


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What is Noritsu Koki Co Gross Profit?

Noritsu Koki Co's gross profit for the three months ended in Mar. 2024 was 円13,996 Mil. Noritsu Koki Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was 円47,861 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Noritsu Koki Co's gross profit for the three months ended in Mar. 2024 was 円13,996 Mil. Noritsu Koki Co's Revenue for the three months ended in Mar. 2024 was 円27,304 Mil. Therefore, Noritsu Koki Co's Gross Margin % for the quarter that ended in Mar. 2024 was 51.26%.

Noritsu Koki Co had a gross margin of 51.26% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Noritsu Koki Co was 51.66%. The lowest was 40.17%. And the median was 48.43%.

Warning Sign:

Noritsu Koki Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.3%.


Noritsu Koki Co Gross Profit Historical Data

The historical data trend for Noritsu Koki 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.

Noritsu Koki Co Gross Profit Chart

Noritsu Koki Co Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27,042.00 30,074.00 12,708.00 24,764.00 29,529.00

Noritsu Koki 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 7,207.00 10,807.00 11,498.00 11,560.00 13,996.00

Competitive Comparison of Noritsu Koki Co's Gross Profit

For the Consumer Electronics subindustry, Noritsu Koki 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.


Noritsu Koki Co's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Noritsu Koki Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Noritsu Koki Co's Gross Profit falls into.



Noritsu Koki Co Gross Profit Calculation

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

Noritsu Koki Co's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=73515 - 43986
=29,529

Noritsu Koki 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
=27304 - 13308
=13,996

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47,861 Mil.

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

Noritsu Koki 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
=13,996 / 27304
=51.26 %

* 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.


Noritsu Koki Co  (TSE:7744) 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

Noritsu Koki Co had a gross margin of 51.26% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Noritsu Koki Co Gross Profit Related Terms

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Noritsu Koki Co (TSE:7744) Business Description

Traded in Other Exchanges
N/A
Address
Azabu Juban 1-10-10 Joule A, 5th Floor, Minato-ku, Tokyo, JPN, 106-0045
Noritsu Koki Co Ltd is a Japan-based company, engaged in the healthcare, drug discovery, senior life, agribusiness food, manufacturing, and other operations. In the manufacturing business, the company manufactures marking pen tip made of felt and synthetic fiber as the main product. In the healthcare business, it offers a range of medical services. In the drug discovery business, the company conducts research and development on biopharmaceuticals and regenerative medicine. The other operations of the company involves the business development and investment research, digital area business and insurance business.

Noritsu Koki Co (TSE:7744) Headlines

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