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Fuyo General Lease Co (TSE:8424) Gross Profit : 円109,570 Mil (TTM As of Dec. 2023)


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What is Fuyo General Lease Co Gross Profit?

Fuyo General Lease Co's gross profit for the three months ended in Dec. 2023 was 円32,735 Mil. Fuyo General Lease Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was 円109,570 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Fuyo General Lease Co's gross profit for the three months ended in Dec. 2023 was 円32,735 Mil. Fuyo General Lease Co's Revenue for the three months ended in Dec. 2023 was 円170,196 Mil. Therefore, Fuyo General Lease Co's Gross Margin % for the quarter that ended in Dec. 2023 was 19.23%.

Fuyo General Lease Co had a gross margin of 19.23% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Fuyo General Lease Co was 15.46%. The lowest was 10.25%. And the median was 10.84%.


Fuyo General Lease Co Gross Profit Historical Data

The historical data trend for Fuyo General Lease 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.

Fuyo General Lease Co Gross Profit Chart

Fuyo General Lease 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 76,347.00 82,744.00 88,858.00 97,316.00 109,570.00

Fuyo General Lease 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 22,742.00 25,149.00 28,432.00 32,735.00 23,254.00

Competitive Comparison of Fuyo General Lease Co's Gross Profit

For the Rental & Leasing Services subindustry, Fuyo General Lease 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.


Fuyo General Lease Co's Gross Profit Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Fuyo General Lease Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Fuyo General Lease Co's Gross Profit falls into.



Fuyo General Lease Co Gross Profit Calculation

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

Fuyo General Lease 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
=708538 - 598968
=109,570

Fuyo General Lease 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
=170196 - 137461
=32,735

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109,570 Mil.

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

Fuyo General Lease 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
=32,735 / 170196
=19.23 %

* 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.


Fuyo General Lease Co  (TSE:8424) 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

Fuyo General Lease Co had a gross margin of 19.23% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Fuyo General Lease Co Gross Profit Related Terms

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Fuyo General Lease Co (TSE:8424) Business Description

Traded in Other Exchanges
Address
Nichirei Building, 3-3-23, Misaki-cho, Chiyoda-ku, Tokyo, JPN, 1018380
Fuyo General Lease Co Ltd is Japanese company which is engaged in leasing and installment transactions for machinery and equipment and financial transactions such as the provision of operating loans. The company focuses on using direct and indirect financing to procure funds for purchasing assets to lease or to sell through installment sales and for providing operating loans to customers. It has three reportable segments namely Lease and Installment Sales segment conducts leasing office equipment, industrial machinery and sells commercial equipment, production facilities, medical devices, and other assets on an installment basis; Loans segment which is engaged in commercial lending; and Other segment which invests in marketable securities.

Fuyo General Lease Co (TSE:8424) Headlines

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