DLICY (Dai-ichi Life Holdings) Tax Rate % : 28.36% (As of Sep. 2024)

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What is Dai-ichi Life Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Dai-ichi Life Holdings's Tax Expense for the three months ended in Sep. 2024 was $271 Mil. Dai-ichi Life Holdings's Pre-Tax Income for the three months ended in Sep. 2024 was $956 Mil. Therefore, Dai-ichi Life Holdings's Tax Rate % for the quarter that ended in Sep. 2024 was 28.36%.

Dai-ichi Life Holdings Tax Rate % Historical Data

The historical data trend for Dai-ichi Life Holdings'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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Dai-ichi Life Holdings Tax Rate % Chart

Dai-ichi Life Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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67.97

24.61

13.71

32.47

24.87

Dai-ichi Life Holdings Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															27.80	21.94	24.65	28.36	25.49

Dai-ichi Life Holdings Tax Rate % Calculation

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

Dai-ichi Life Holdings'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 )
	=	708.937	/	2850.1
	=	24.87 %

Dai-ichi Life Holdings's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	271.171	/	956.301
	=	28.36 %

Dai-ichi Life Holdings Tax Rate % Related Terms

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Dai-ichi Life Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Dai-ichi Life Holdings Inc (OTCPK:DLICY) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

8750:Japan QHH:Germany

Address

13-1, Yurakucho 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8411

Website

https://www.dai-ichi-life-hd.com

Daiichi Life is Japan's second-largest life insurance company excluding recently privatized Japan Post Insurance, with a market share of around 11% of annualized net premiums. Unlike its largest domestic competitors Nippon Life, Meiji Yasuda, and Sumitomo Life, which remain mutually owned by their policyholders, Daiichi Life demutualized and listed on the Tokyo Stock Exchange in 2010. Its main domestic operating company accounts for around 60% of profits, its Frontier bancassurance subsidiary selling mainly savings products accounts for around 10%, Alabama-based Protective Life accounts for around 15%, TAL in Australia accounts for 7%, and Daiichi Life Vietnam around 5%. Daiichi also holds a 30% economic interest in Mizuho's Asset Management One.