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Canon (CAJPY) Tax Rate % : 24.74% (As of Dec. 2023)


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What is Canon Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Canon's Tax Expense for the three months ended in Dec. 2023 was $197 Mil. Canon's Pre-Tax Income for the three months ended in Dec. 2023 was $797 Mil. Therefore, Canon's Tax Rate % for the quarter that ended in Dec. 2023 was 24.74%.

Canon Tax Rate % Historical Data

The historical data trend for Canon's Tax Rate % 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.

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Canon Tax Rate % Chart

Canon Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.72 26.36 23.74 26.20 27.21

Canon Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Tax Rate % 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 25.23 29.48 30.42 24.48 24.74

Canon Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Canon's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=738.609/2714.008
=27.21 %

Canon's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=197.213/797.22
=24.74 %

* 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.

Canon Tax Rate % Related Terms

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Canon (CAJPY) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Canon Inc (OTCPK:CAJPY) » Definitions » Tax Rate %
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Traded in Other Exchanges
CAJFF:USA 7751:Japan CNN1:Germany
Address
30-2, Shimomaruko 3-Chome, Ohta-ku, Tokyo, JPN, 146-8501
Website
https://www.global.canon
Canon Inc designs, manufactures and distributes an extensive range of consumer and electronic products, including copiers, cameras, lenses, and inkjet printers. The company operates four major business segments: printing, imaging, medical, industrial, and others. It generates maximum revenue from the printing segment. Printing Business Unit includes Office multifunction devices (MFDs), Document solutions, Laser multifunction printers (MFPs), Laser printers, Inkjet printers, Image scanners, Calculators, Digital continuous feed presses, Digital sheet-fed presses, and Large format printers.