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Token (TSE:1766) Gross Profit : 円46,985 Mil (TTM As of Jan. 2024)


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What is Token Gross Profit?

Token's gross profit for the three months ended in Jan. 2024 was 円12,344 Mil. Token's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was 円46,985 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Token's gross profit for the three months ended in Jan. 2024 was 円12,344 Mil. Token's Revenue for the three months ended in Jan. 2024 was 円84,961 Mil. Therefore, Token's Gross Margin % for the quarter that ended in Jan. 2024 was 14.53%.

Token had a gross margin of 14.53% for the quarter that ended in Jan. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Token was 20.56%. The lowest was 14.08%. And the median was 18.83%.

Warning Sign:

Token Corp gross margin has been in long-term decline. The average rate of decline per year is -6.4%.


Token Gross Profit Historical Data

The historical data trend for Token'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.

Token Gross Profit Chart

Token Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60,931.00 56,017.00 51,762.00 49,912.00 44,672.00

Token Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 10,931.00 11,483.00 11,409.00 11,749.00 12,344.00

Competitive Comparison of Token's Gross Profit

For the Real Estate Services subindustry, Token'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.


Token's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Token's Gross Profit distribution charts can be found below:

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



Token Gross Profit Calculation

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

Token's Gross Profit for the fiscal year that ended in Apr. 2023 is calculated as

Gross Profit (A: Apr. 2023 )=Revenue - Cost of Goods Sold
=316849 - 272177
=44,672

Token's Gross Profit for the quarter that ended in Jan. 2024 is calculated as

Gross Profit (Q: Jan. 2024 )=Revenue - Cost of Goods Sold
=84961 - 72617
=12,344

Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円46,985 Mil.

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

Token's Gross Margin % for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=12,344 / 84961
=14.53 %

* 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.


Token  (TSE:1766) 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

Token had a gross margin of 14.53% for the quarter that ended in Jan. 2024 => No sustainable competitive advantage


Token Gross Profit Related Terms

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Token (TSE:1766) Business Description

Traded in Other Exchanges
Address
Marunouchi Building, 2-1-33 Marunouchi, Naka-ku, Nagoya, JPN, 460-0002
Token Corp is a real estate company focused on construction and leasing of commercial and residential buildings. The company organises itself into three segments: construction, real estate leasing, and other. The construction segment, which generates approximately half of the company's revenue, constructs residential and commercial buildings. The real estate segment, which generates almost half of the company's revenue, leases real estate assets. The company is headquartered in Japan, and derives the majority of revenue domestically.

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