Onward Holdings Co (Onward Holdings Co) Tax Rate % : 34.31% (As of Nov. 2023)

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What is Onward Holdings Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Onward Holdings Co's Tax Expense for the three months ended in Nov. 2023 was $10 Mil. Onward Holdings Co's Pre-Tax Income for the three months ended in Nov. 2023 was $30 Mil. Therefore, Onward Holdings Co's Tax Rate % for the quarter that ended in Nov. 2023 was 34.31%.

Onward Holdings Co Tax Rate % Historical Data

The historical data trend for Onward Holdings Co'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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Onward Holdings Co Tax Rate % Chart

Onward Holdings Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Tax Rate %

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-36.87

11.31

37.51

18.32

-11.57

Onward Holdings Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Tax Rate %	Get a 7-Day Free Trial															131.35	27.14	-32.59	34.31	134.15

Onward Holdings Co Tax Rate % Calculation

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

Onward Holdings Co's Tax Rate % for the fiscal year that ended in Feb. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Feb. 2024 )	/	Pre-Tax Income (A: Feb. 2024 )
	=	-4.766	/	41.199
	=	-11.57 %

Onward Holdings Co's Tax Rate % for the quarter that ended in Nov. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Nov. 2023 )	/	Pre-Tax Income (Q: Nov. 2023 )
	=	10.275	/	29.944
	=	34.31 %

Onward Holdings Co Tax Rate % Related Terms

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Onward Holdings Co (Onward Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Onward Holdings Co Ltd (OTCPK:OKASY) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

8016:Japan

Address

10-5, Nihonbashi 3-chome, Chuo-ku, Tokyo, JPN, 103-8239

Website

http://www.onward-hd.co.jp

Onward Holdings Co Ltd manufactures and sells clothing, shoes, uniforms, bags, and other items. Women's clothing sales account for the majority of Onward's apparel revenue. The company's core brands include Nijyusanku, Kumikyoku, ICB, Jiyuku, J.Press, and Gotairiku. More than three fourths of Onward's sales are through department stores. Remaining sales are through other retailers, directly managed stores, and e-commerce. More than three fourths of Onward's sales are in Japan, and most of the company's remaining sales are in Europe. The company manufactures its products primarily in China.

Onward Holdings Co (Onward Holdings Co) Headlines

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