GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » SoftBank Group Corp (OTCPK:SFTBY) » Definitions » Tax Rate %

SoftBank Group (SoftBank Group) Tax Rate % : 15.88% (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is SoftBank Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. SoftBank Group's Tax Expense for the three months ended in Dec. 2023 was $1,292 Mil. SoftBank Group's Pre-Tax Income for the three months ended in Dec. 2023 was $8,136 Mil. Therefore, SoftBank Group's Tax Rate % for the quarter that ended in Dec. 2023 was 15.88%.


SoftBank Group Tax Rate % Historical Data

The historical data trend for SoftBank Group'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.

SoftBank Group Tax Rate % Chart

SoftBank Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.09 1,584.11 22.98 -68.15 -68.36

SoftBank Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -27.80 82.38 -79.46 -7.89 15.88

SoftBank Group Tax Rate % Calculation

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

SoftBank Group'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 )
=2399.1/-3509.74
=-68.36 %

SoftBank Group'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 )
=1292.006/8136.462
=15.88 %

* 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.


SoftBank Group Tax Rate % Related Terms

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


SoftBank Group (SoftBank Group) Business Description

Address
1-9-1 Higashi-shimbashi, Minato-ku, Tokyo, JPN, 105-7303
SoftBank is a Japan-based telecom and e-commerce conglomerate that has expanded mainly through acquisitions, and its key assets include a 40%-owned mobile and fixed broadband telecom operator business in Japan. It also owns 90% of semiconductor chip designer ARM Holdings following the 2023 IPO of this business, and has a vast portfolio of mainly internet- and e-commerce-focused early stage investments. It is also general partner of the $100 billion SoftBank Vision Fund 1 and sole investor in SoftBank Vision Fund 2, both of which primarily invest in pre-IPO internet companies.