Toyota Industries Corp
TSE:6201
Gross Margin
Toyota Industries Corp
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | Company | Market Cap |
Gross Margin |
||
---|---|---|---|---|---|
JP |
Toyota Industries Corp
TSE:6201
|
3.8T JPY |
24%
|
||
US |
Caterpillar Inc
NYSE:CAT
|
175B USD |
38%
|
||
US |
Paccar Inc
NASDAQ:PCAR
|
56.7B USD |
23%
|
||
SE |
Volvo AB
STO:VOLV B
|
569.2B SEK |
27%
|
||
US |
Cummins Inc
NYSE:CMI
|
49.5B USD |
25%
|
||
US |
Westinghouse Air Brake Technologies Corp
NYSE:WAB
|
33B USD |
33%
|
||
DE |
Daimler Truck Holding AG
XETRA:DTG
|
29.9B EUR |
21%
|
||
CN |
CRRC Corp Ltd
SSE:601766
|
215.8B CNY |
21%
|
||
JP |
Komatsu Ltd
TSE:6301
|
3.9T JPY |
31%
|
||
SE |
Epiroc AB
STO:EPI A
|
231.8B SEK |
37%
|
||
CN |
China CSSC Holdings Ltd
SSE:600150
|
147.5B CNY |
9%
|
Toyota Industries Corp
Glance View
Toyota Industries Corp., founded in 1926 by Sakichi Toyoda, is a multifaceted powerhouse that has skillfully navigated the corridors of industrial evolution. Originally established as an automated loom manufacturer during Japan's rapid industrialization, the company has drastically expanded its operations. It has adeptly weathered the shifts in economic landscapes by diversifying into various divisions, most notably material handling equipment (MHE), automotive, logistics, and textile machinery. Toyota Industries leads the MHE market with prowess, producing forklifts and other lifting equipment that are indispensable to warehouses and factories worldwide. This division alone underscores its strength by generating a substantial portion of its revenue, positioning the company as a pivotal player in global supply chain solutions. Within the automotive sector, Toyota Industries is intricately linked to its well-known sibling, Toyota Motor Corporation. The firm manufactures engines and car air-conditioning compressors, which are essential components for vehicles across various prestigious brands. This segment ensures a steady stream of income, thanks to long-standing contracts and high-quality standards that are a hallmark of Japanese manufacturing. In recent years, Toyota Industries has also embraced change by infusing technological advancements into its operations, supporting sustainability and efficiency through innovation. It stands as a testament to its ability to blend tradition with modernity, keeping it resilient and profitable in an ever-evolving industrial landscape.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Toyota Industries Corp's most recent financial statements, the company has Gross Margin of 23.6%.