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Takara Standard Co (TSE:7981) Gross Profit : 円79,588 Mil (TTM As of Mar. 2024)


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What is Takara Standard Co Gross Profit?

Takara Standard Co's gross profit for the three months ended in Mar. 2024 was 円18,771 Mil. Takara Standard Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was 円79,588 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Takara Standard Co's gross profit for the three months ended in Mar. 2024 was 円18,771 Mil. Takara Standard Co's Revenue for the three months ended in Mar. 2024 was 円55,326 Mil. Therefore, Takara Standard Co's Gross Margin % for the quarter that ended in Mar. 2024 was 33.93%.

Takara Standard Co had a gross margin of 33.93% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Takara Standard Co was 36.97%. The lowest was 33.43%. And the median was 36.11%.

Warning Sign:

Takara Standard Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.5%.


Takara Standard Co Gross Profit Historical Data

The historical data trend for Takara Standard 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.

Takara Standard Co Gross Profit Chart

Takara Standard 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 72,951.00 69,522.00 76,125.00 76,027.00 79,588.00

Takara Standard 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 17,633.00 19,084.00 19,351.00 22,382.00 18,771.00

Competitive Comparison of Takara Standard Co's Gross Profit

For the Furnishings, Fixtures & Appliances subindustry, Takara Standard 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.


Takara Standard Co's Gross Profit Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Takara Standard Co's Gross Profit distribution charts can be found below:

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



Takara Standard Co Gross Profit Calculation

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

Takara Standard 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
=234738 - 155150
=79,588

Takara Standard 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
=55326 - 36555
=18,771

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79,588 Mil.

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

Takara Standard 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
=18,771 / 55326
=33.93 %

* 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.


Takara Standard Co  (TSE:7981) 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

Takara Standard Co had a gross margin of 33.93% for the quarter that ended in Mar. 2024 => Competition eroding margins


Takara Standard Co Gross Profit Related Terms

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Takara Standard Co (TSE:7981) Business Description

Traded in Other Exchanges
N/A
Address
1-2-1 Shigino-higashi, Joto-ku, Osaka, JPN, 536-8536
Takara Standard Co Ltd is in the business of providing housing equipment made with enamel. Its products include system kitchens, enameled stainless steel bathtubs, system baths, enameled washstand, sink units, hot water heaters, enamel wall covering material, heating appliances and other home appliances and equipment. The company operates mainly in Japan.

Takara Standard Co (TSE:7981) Headlines

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