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Tokushu Tokai Paper Co (TSE:3708) Gross Profit : 円9,668 Mil (TTM As of Dec. 2023)


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What is Tokushu Tokai Paper Co Gross Profit?

Tokushu Tokai Paper Co's gross profit for the three months ended in Dec. 2023 was 円2,845 Mil. Tokushu Tokai Paper Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was 円9,668 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Tokushu Tokai Paper Co's gross profit for the three months ended in Dec. 2023 was 円2,845 Mil. Tokushu Tokai Paper Co's Revenue for the three months ended in Dec. 2023 was 円22,293 Mil. Therefore, Tokushu Tokai Paper Co's Gross Margin % for the quarter that ended in Dec. 2023 was 12.76%.

Tokushu Tokai Paper Co had a gross margin of 12.76% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Tokushu Tokai Paper Co was 18.80%. The lowest was 10.46%. And the median was 14.56%.

Warning Sign:

Tokushu Tokai Paper Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.5%.


Tokushu Tokai Paper Co Gross Profit Historical Data

The historical data trend for Tokushu Tokai Paper 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.

Tokushu Tokai Paper Co Gross Profit Chart

Tokushu Tokai Paper Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,745.00 10,803.00 11,087.00 11,759.00 8,798.00

Tokushu Tokai Paper Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,760.00 2,141.00 2,200.00 2,482.00 2,845.00

Competitive Comparison of Tokushu Tokai Paper Co's Gross Profit

For the Paper & Paper Products subindustry, Tokushu Tokai Paper 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.


Tokushu Tokai Paper Co's Gross Profit Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Tokushu Tokai Paper Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Tokushu Tokai Paper Co's Gross Profit falls into.



Tokushu Tokai Paper Co Gross Profit Calculation

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

Tokushu Tokai Paper Co's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=84130 - 75332
=8,798

Tokushu Tokai Paper Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=22293 - 19448
=2,845

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円9,668 Mil.

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

Tokushu Tokai Paper Co's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=2,845 / 22293
=12.76 %

* 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.


Tokushu Tokai Paper Co  (TSE:3708) 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

Tokushu Tokai Paper Co had a gross margin of 12.76% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Tokushu Tokai Paper Co Gross Profit Related Terms

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Tokushu Tokai Paper Co (TSE:3708) Business Description

Traded in Other Exchanges
N/A
Address
Zyouwa Yaesu Build 6F, Tokyo, JPN
Tokushu Tokai Paper Co Ltd manufactures and sells a variety of paper products. The company organizes itself into three primary divisions based on product type. The special-use paper division sells specialized paper that is used for food packaging, art printing, and securities protection. The industrial paper division sells paper that is used for fresh vegetable and cosmetic packaging, as well as water repellent paper. The household products division sells coffee and tea filter paper as well as other paper products used for cooking.

Tokushu Tokai Paper Co (TSE:3708) Headlines

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