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Ichibanya Co (TSE:7630) Gross Profit : 円26,807 Mil (TTM As of Feb. 2024)


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What is Ichibanya Co Gross Profit?

Ichibanya Co's gross profit for the three months ended in Feb. 2024 was 円6,815 Mil. Ichibanya Co's gross profit for the trailing twelve months (TTM) ended in Feb. 2024 was 円26,807 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Ichibanya Co's gross profit for the three months ended in Feb. 2024 was 円6,815 Mil. Ichibanya Co's Revenue for the three months ended in Feb. 2024 was 円13,957 Mil. Therefore, Ichibanya Co's Gross Margin % for the quarter that ended in Feb. 2024 was 48.83%.

Ichibanya Co had a gross margin of 48.83% for the quarter that ended in Feb. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Ichibanya Co was 48.62%. The lowest was 45.21%. And the median was 46.54%.


Ichibanya Co Gross Profit Historical Data

The historical data trend for Ichibanya 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.

Ichibanya Co Gross Profit Chart

Ichibanya Co Annual Data
Trend May15 May16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24,553.96 20,494.35 20,951.36 22,769.36 26,806.84

Ichibanya Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 6,281.15 6,226.82 6,722.03 7,042.73 6,815.26

Competitive Comparison of Ichibanya Co's Gross Profit

For the Restaurants subindustry, Ichibanya 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.


Ichibanya Co's Gross Profit Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Ichibanya Co's Gross Profit distribution charts can be found below:

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



Ichibanya Co Gross Profit Calculation

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

Ichibanya Co's Gross Profit for the fiscal year that ended in Feb. 2024 is calculated as

Gross Profit (A: Feb. 2024 )=Revenue - Cost of Goods Sold
=55137.331 - 28330.495
=26,807

Ichibanya Co's Gross Profit for the quarter that ended in Feb. 2024 is calculated as

Gross Profit (Q: Feb. 2024 )=Revenue - Cost of Goods Sold
=13956.748 - 7141.486
=6,815

Gross Profit for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円26,807 Mil.

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

Ichibanya Co's Gross Margin % for the quarter that ended in Feb. 2024 is calculated as

Gross Margin % (Q: Feb. 2024 )=Gross Profit (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=6,815 / 13956.748
=48.83 %

* 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.


Ichibanya Co  (TSE:7630) 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

Ichibanya Co had a gross margin of 48.83% for the quarter that ended in Feb. 2024 => Durable competitive advantage


Ichibanya Co Gross Profit Related Terms

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Ichibanya Co (TSE:7630) Business Description

Traded in Other Exchanges
Address
6-12-23 Mitsui, Ichinomiya shi, Aichi, JPN
Ichibanya Co Ltd owns, operates, and franchises CoCo Ichibanya and other restaurants, primarily in Japan. Nearly all Ichibanya's restaurants operate under the brand name CoCo Ichibanya, which specializes in curry dishes and has more than 1,000 locations in Japan and more than 150 locations in other Asian countries and the United States. Other restaurant brands that Ichibanya operates and franchises in Japan include Pasta de CoCo, Menya CoCo Ichi, and Nikkui Tei. Nearly 90% of the company's revenue is generated in Japan.

Ichibanya Co (TSE:7630) Headlines

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