Nintendo Co (Nintendo Co) Tax Rate %

: 26.96% (As of Dec. 2023)

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Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nintendo Co's Tax Expense for the three months ended in Dec. 2023 was $351 Mil. Nintendo Co's Pre-Tax Income for the three months ended in Dec. 2023 was $1,301 Mil. Therefore, Nintendo Co's Tax Rate % for the quarter that ended in Dec. 2023 was 26.96%.

Nintendo Co Tax Rate % Historical Data

The historical data trend for Nintendo 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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Nintendo Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

28.41

28.40

29.49

29.16

27.96

Nintendo 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 %																27.67	26.84	28.68	28.49	26.96

Nintendo Co Tax Rate % Calculation

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

Nintendo Co's Tax Rate % for the fiscal year that ended in Mar. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2023 )	/	Pre-Tax Income (A: Mar. 2023 )
	=	1256.558	/	4494.521
	=	27.96 %

Nintendo 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 )
	=	350.802	/	1300.987
	=	26.96 %

Nintendo Co Tax Rate % Related Terms

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Nintendo Co (Nintendo Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Nintendo Co Ltd (OTCPK:NTDOY) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

NTDOF:USA 7974:Japan NTOA:Germany NTO:Austria

Address

11-1 Hokotate-cho, Kamitoba, Minami-ku, Kyoto, JPN, 601-8501

Website

http://www.nintendo.co.jp

Nintendo started its video game console business in 1983 by launching the NES, and started its portable console business in 1989 by launching the Game Boy. Since then, the firm has focused on expanding the gaming population by delivering unique entertainment experiences on its original console systems; the Wii and Nintendo DS are its most popular hardware. However, Nintendo not only makes game consoles, but also owns world-renowned IPs such as Super Mario, Pokemon, and Zelda, which have been a source of cash flow for 40 years. 2020 was the 35th anniversary of Super Mario, Nintendo's most famous character.