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Nitto Kogyo (TSE:6651) Gross-Profit-to-Asset % : 33.11% (As of Dec. 2023)


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What is Nitto Kogyo 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. Nitto Kogyo's annualized Gross Profit for the quarter that ended in Dec. 2023 was 円48,832 Mil. Nitto Kogyo's average Total Assets over the quarter that ended in Dec. 2023 was 円147,494 Mil. Therefore, Nitto Kogyo's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 33.11%.


Nitto Kogyo Gross-Profit-to-Asset % Historical Data

The historical data trend for Nitto Kogyo'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.

* Premium members only.

Nitto Kogyo Gross-Profit-to-Asset % Chart

Nitto Kogyo Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.64 31.14 28.73 28.70 28.98

Nitto Kogyo 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 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 31.66 26.64 29.77 33.11 28.46

Competitive Comparison of Nitto Kogyo's Gross-Profit-to-Asset %

For the Electrical Equipment & Parts subindustry, Nitto Kogyo'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.


Nitto Kogyo's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nitto Kogyo's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Nitto Kogyo's Gross-Profit-to-Asset % falls into.



Nitto Kogyo Gross-Profit-to-Asset % Calculation

Nitto Kogyo'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 )
=43075/( (135581+161742)/ 2 )
=43075/148661.5
=28.98 %

Nitto Kogyo's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=48832/( (143059+151928)/ 2 )
=48832/147493.5
=33.11 %

* 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.

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 (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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Nitto Kogyo (TSE:6651) Business Description

Traded in Other Exchanges
Address
2201, Kanihara, Nagakute-cho, Aichi County, Tokyo, JPN, 480-1189
Nitto Kogyo Corp is a Japan-based company which provides a wide range of product materials, such as electric circuit panelboard powered high-pressure equipment, such as information and communications-related materials. It is engaged in manufacture and sales of electric and mechanical equipment such as high-voltage power-receiving equipment, panel boards, home panel boards, charging stations, optical junction boxes, metal enclosures, plastic enclosures, racks, breakers, switches, thermal management products, and so on. The company is also in Power Generation and sales business.

Nitto Kogyo (TSE:6651) Headlines

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