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Mitsubishi Shokuhin Co (TSE:7451) Gross Profit : 円150,311 Mil (TTM As of Dec. 2023)


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What is Mitsubishi Shokuhin Co Gross Profit?

Mitsubishi Shokuhin Co's gross profit for the three months ended in Dec. 2023 was 円40,288 Mil. Mitsubishi Shokuhin Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was 円150,311 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Mitsubishi Shokuhin Co's gross profit for the three months ended in Dec. 2023 was 円40,288 Mil. Mitsubishi Shokuhin Co's Revenue for the three months ended in Dec. 2023 was 円545,233 Mil. Therefore, Mitsubishi Shokuhin Co's Gross Margin % for the quarter that ended in Dec. 2023 was 7.39%.

Mitsubishi Shokuhin Co had a gross margin of 7.39% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Mitsubishi Shokuhin Co was 7.38%. The lowest was 6.61%. And the median was 7.02%.


Mitsubishi Shokuhin Co Gross Profit Historical Data

The historical data trend for Mitsubishi Shokuhin 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.

Mitsubishi Shokuhin Co Gross Profit Chart

Mitsubishi Shokuhin 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 176,975.00 170,391.00 135,160.00 147,445.00 150,311.00

Mitsubishi Shokuhin 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 35,963.00 35,517.00 37,812.00 40,288.00 36,694.00

Competitive Comparison of Mitsubishi Shokuhin Co's Gross Profit

For the Food Distribution subindustry, Mitsubishi Shokuhin 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.


Mitsubishi Shokuhin Co's Gross Profit Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Mitsubishi Shokuhin Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Mitsubishi Shokuhin Co's Gross Profit falls into.



Mitsubishi Shokuhin Co Gross Profit Calculation

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

Mitsubishi Shokuhin 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
=2076381 - 1926070
=150,311

Mitsubishi Shokuhin 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
=545233 - 504945
=40,288

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150,311 Mil.

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

Mitsubishi Shokuhin 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
=40,288 / 545233
=7.39 %

* 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.


Mitsubishi Shokuhin Co  (TSE:7451) 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

Mitsubishi Shokuhin Co had a gross margin of 7.39% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Mitsubishi Shokuhin Co Gross Profit Related Terms

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Mitsubishi Shokuhin Co (TSE:7451) Business Description

Traded in Other Exchanges
N/A
Address
6-1-1 Heiwajima, Ota-ku, Tokyo, JPN, 1436556
Mitsubishi Shokuhin Co Ltd is a Japan-based company engaged in the food and beverage business. The company offers processed foods, frozen and chilled foods, alcoholic beverages and confectioneries at wholesale prices. Its product portfolio includes seasoning products, noodles, dry goods, alcoholic and non-alcoholic beverages, frozen foods, confectionery. It also operates in the real estate management and logistics business. The majority of the revenues are derived from the processed foods business and frozen and chilled foods business.

Mitsubishi Shokuhin Co (TSE:7451) Headlines

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