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Yamato Kogyo Co (TSE:5444) Gross Profit : 円31,800 Mil (TTM As of Mar. 2024)


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What is Yamato Kogyo Co Gross Profit?

Yamato Kogyo Co's gross profit for the three months ended in Mar. 2024 was 円8,318 Mil. Yamato Kogyo Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was 円31,800 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Yamato Kogyo Co's gross profit for the three months ended in Mar. 2024 was 円8,318 Mil. Yamato Kogyo Co's Revenue for the three months ended in Mar. 2024 was 円41,274 Mil. Therefore, Yamato Kogyo Co's Gross Margin % for the quarter that ended in Mar. 2024 was 20.15%.

Yamato Kogyo Co had a gross margin of 20.15% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Yamato Kogyo Co was 19.45%. The lowest was 10.78%. And the median was 16.27%.


Yamato Kogyo Co Gross Profit Historical Data

The historical data trend for Yamato Kogyo 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.

Yamato Kogyo Co Gross Profit Chart

Yamato Kogyo Co 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 26,226.00 22,679.00 26,241.00 31,682.00 31,800.00

Yamato Kogyo 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 6,749.00 7,739.00 7,138.00 8,605.00 8,318.00

Competitive Comparison of Yamato Kogyo Co's Gross Profit

For the Steel subindustry, Yamato Kogyo 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.


Yamato Kogyo Co's Gross Profit Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Yamato Kogyo Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Yamato Kogyo Co's Gross Profit falls into.



Yamato Kogyo Co Gross Profit Calculation

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

Yamato Kogyo Co'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
=163479 - 131679
=31,800

Yamato Kogyo 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
=41274 - 32956
=8,318

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31,800 Mil.

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

Yamato Kogyo 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
=8,318 / 41274
=20.15 %

* 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.


Yamato Kogyo Co  (TSE:5444) 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

Yamato Kogyo Co had a gross margin of 20.15% for the quarter that ended in Mar. 2024 => Competition eroding margins


Yamato Kogyo Co Gross Profit Related Terms

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Yamato Kogyo Co (TSE:5444) Business Description

Traded in Other Exchanges
N/A
Address
380 Kibi,Otsu?ku, Himeji, Hyogo, JPN, 671-1192
Yamato Kogyo Co., Ltd. is a Japan-based investment holding company. The company is engaged in production and distribution of steel products, heavy-duty processing goods, railway track accessories, and other businesses, through a number of subsidiaries both at home and abroad. Steel products represent the majority of the company's revenue. Japan, South Korea, and Thailand are the three major markets for Yamato Kogyo. In Japan, the company primarily operates through its wholly owned Yamato Steel and Yamato Trackwork System. In the overseas market (primarily South Korea and Thailand), the company primarily operates through YK Steel Corporation and Siam Yamato Steel.

Yamato Kogyo Co (TSE:5444) Headlines

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