THK Co (THK Co) Tax Rate % : 14.39% (As of Dec. 2023)

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What is THK Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. THK Co's Tax Expense for the three months ended in Dec. 2023 was $5 Mil. THK Co's Pre-Tax Income for the three months ended in Dec. 2023 was $35 Mil. Therefore, THK Co's Tax Rate % for the quarter that ended in Dec. 2023 was 14.39%.

THK Co Tax Rate % Historical Data

The historical data trend for THK 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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THK Co Tax Rate % Chart

THK Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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34.68

-21.92

22.75

41.54

25.90

THK Co 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															635.30	25.20	32.16	31.26	14.39

THK Co Tax Rate % Calculation

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

THK Co'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 )
	=	45.492	/	175.641
	=	25.90 %

THK Co'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 )
	=	5.084	/	35.338
	=	14.39 %

THK Co Tax Rate % Related Terms

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THK Co (THK Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » THK Co Ltd (OTCPK:THKLY) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

6481:Japan 1TK:Germany

Address

3-11-6, Nishi-Gotanda, Shinagawa-ku, Tokyo, JPN, 141-8503

Website

http://www.thk.com

THK Co Ltd is a Japan-based company that primarily manufactures machinery parts, including linear motion guides and ball screws, and transportation-equipment-related parts. The company operates through two segments. The industrial machinery segment provides products that are essential components in the production of machine tools and semiconductor production equipment. This segment also manufactures and sells electric actuators and unit products. The automotive and transportation segment develops and provides automotive components that support vehicles' basic functions. The company generates the majority of its revenue from the Japanese domestic market.