GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nitcho Corp (TSE:2961) » Definitions » Tax Rate %

Nitcho (TSE:2961) Tax Rate % : 32.52% (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Nitcho Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nitcho's Tax Expense for the three months ended in Mar. 2024 was 円284 Mil. Nitcho's Pre-Tax Income for the three months ended in Mar. 2024 was 円874 Mil. Therefore, Nitcho's Tax Rate % for the quarter that ended in Mar. 2024 was 32.52%.


Nitcho Tax Rate % Historical Data

The historical data trend for Nitcho'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.

* Premium members only.

Nitcho Tax Rate % Chart

Nitcho Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23
Tax Rate %
29.85 31.74 34.96 37.40 38.53

Nitcho Quarterly Data
Sep19 Sep20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 38.52 24.42 29.84 25.80 32.52

Nitcho Tax Rate % Calculation

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

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

Tax Rate %=Tax Expense (A: Sep. 2023 )/Pre-Tax Income (A: Sep. 2023 )
=208.231/540.501
=38.53 %

Nitcho's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=284.262/874.006
=32.52 %

* 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.


Nitcho Tax Rate % Related Terms

Thank you for viewing the detailed overview of Nitcho's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


Nitcho (TSE:2961) Business Description

Traded in Other Exchanges
N/A
Address
3-15-8 Higashirokugo, Ota-ku, Tokyo, JPN, 144-8513
Nitcho Corp is engaged in the manufacturing and supplying for commercial kitchen equipment.

Nitcho (TSE:2961) Headlines

No Headlines