The 77 Bank (TSE:8341) Tax Rate % : 30.72% (As of Dec. 2023)

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What is The 77 Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. The 77 Bank's Tax Expense for the three months ended in Dec. 2023 was 円3,269 Mil. The 77 Bank's Pre-Tax Income for the three months ended in Dec. 2023 was 円10,642 Mil. Therefore, The 77 Bank's Tax Rate % for the quarter that ended in Dec. 2023 was 30.72%.

The 77 Bank Tax Rate % Historical Data

The historical data trend for The 77 Bank'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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The 77 Bank Tax Rate % Chart

The 77 Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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30.23

33.65

31.48

29.24

32.58

The 77 Bank Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															27.84	32.48	28.11	30.72	42.17

The 77 Bank Tax Rate % Calculation

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

The 77 Bank's Tax Rate % for the fiscal year that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2024 )	/	Pre-Tax Income (A: Mar. 2024 )
	=	14404	/	44206
	=	32.58 %

The 77 Bank'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 )
	=	3269	/	10642
	=	30.72 %

The 77 Bank Tax Rate % Related Terms

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The 77 Bank (TSE:8341) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » The 77 Bank Ltd (TSE:8341) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-20, Chuo 3-chome, Aoba-ku, Miyagi, Sendai, JPN, 980-8777

Website

https://www.77bank.co.jp

The 77 Bank Ltd operates mostly in the Miyagi prefecture of Japan, which is in the southeast Tohoku region of the island of Honshu, and the bank's strategy emphasizes the prefecture's link between Tohoku and Tokyo. The bank is a group that engages in leasing, credit card, and other financial services in addition to the banking business. Most of the bank's earning assets are almost entirely from loans and bills discounted and investment securities. As such, a majority of the bank's income comes from interest on loans and discounts, and interest and dividends on trading accounts and investment securities.

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