Meitec Corp
TSE:9744
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Meitec Corp
Gross Margin
Meitec 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 | JP |
| Market Cap | 226.1B JPY |
| Gross Margin |
27%
|
| Country | JP |
| Market Cap | 3 854 332.4T JPY |
| Gross Margin |
18%
|
| Country | JP |
| Market Cap | 18.5T JPY |
| Gross Margin |
58%
|
| Country | US |
| Market Cap | 11.5B EUR |
| Gross Margin |
39%
|
| Country | US |
| Market Cap | 7.4B USD |
| Gross Margin |
39%
|
| Country | NL |
| Market Cap | 6.9B EUR |
| Gross Margin |
20%
|
| Country | US |
| Market Cap | 4.4B USD |
| Gross Margin |
20%
|
| Country | CH |
| Market Cap | 3.7B CHF |
| Gross Margin |
20%
|
| Country | CN |
| Market Cap | 3.9B EUR |
| Gross Margin |
62%
|
| Country | US |
| Market Cap | 3.8B USD |
| Gross Margin |
29%
|
| Country | US |
| Market Cap | 3.7B USD |
| Gross Margin |
34%
|
Meitec Corp
Glance View
In the bustling world of engineering outsourcing, Meitec Corp. stands as a beacon of expertise and reliability. Founded in 1974, this Japanese company has carved out a significant niche by providing high-quality engineering staffing services. Its model revolves around deploying well-trained engineers to a diverse array of industries such as automotive, electronics, and semiconductor manufacturing. By catering to the intricate needs of these sectors, Meitec enables its clients to focus on their core competencies, while leveraging the technical prowess that Meitec’s engineers bring to the table. This symbiotic relationship not only allows companies to innovate and remain competitive but also provides engineers with a rich tapestry of experiences across varied projects and technologies. Meitec’s business strategy is a well-oiled machine focusing on the recruitment, training, and development of highly skilled engineers who are then matched with client needs. The company primarily earns revenue through contracts with corporations that need temporary but highly specialized engineering expertise. Clients benefit from a flexible engineering workforce without the hassle of long-term hiring commitments, while Meitec capitalizes on the demand for technical expertise in a swiftly evolving industry landscape. This approach also shields the company against economic downturns, as its diversified client base across multiple industries ensures a steady demand for its services. By consistently adapting its workforce to meet the latest technological trends and market demands, Meitec maintains its stature as an indispensable partner in Japan’s industrial ecosystem.
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 Meitec Corp's most recent financial statements, the company has Gross Margin of 26.9%.
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