GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » SoftBank Corp (FRA:3AG1) » Definitions » Tax Rate %

SoftBank (FRA:3AG1) Tax Rate % : 23.24% (As of Sep. 2024)


View and export this data going back to 2018. Start your Free Trial

What is SoftBank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. SoftBank's Tax Expense for the three months ended in Sep. 2024 was €369 Mil. SoftBank's Pre-Tax Income for the three months ended in Sep. 2024 was €1,587 Mil. Therefore, SoftBank's Tax Rate % for the quarter that ended in Sep. 2024 was 23.24%.

SoftBank Tax Rate % Historical Data

The historical data trend for SoftBank'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 Tax Rate % Chart

SoftBank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.54 35.39 32.93 24.19 26.76

SoftBank Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 21.05 31.47 24.13 26.78 23.24

SoftBank Tax Rate % Calculation

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

SoftBank'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 )
=1324.236/4948.912
=26.76 %

SoftBank'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 )
=368.779/1586.579
=23.24 %

* 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 Tax Rate % Related Terms

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

SoftBank Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » SoftBank Corp (FRA:3AG1) » Definitions » Tax Rate %
Comparable Companies
TSE:9984 TSE:9433 TSE:9432 TSE:3774 TSE:9449 TSE:9418 TSE:9436 TSE:4485 TSE:3738 TSE:9416 SHSE:600941 CMCSA TMUS VZ T XTER:DTE NSE:BHARTIARTL HKSE:00728 CHTR MEX:AMX B
Traded in Other Exchanges
SFBQF:USA SOBKY:USA 9434:Japan
Address
1-7-1 Kaigan, Minato-ku, Tokyo, JPN, 105-7529
Website
https://www.softbank.jp
SoftBank is an established, telecommunications services provider in Japan owning a mobile network with around 50 million mobile customers and 24% market share. It also provides some fixed line services, which are mostly resold so are low margin. The company also owns 32.4% of LY Corp, and SoftBank and LY Corp each own 32% of PayPay so SoftBank consolidates PayPay. SoftBank Group sold 33.5% of the SoftBank Corp in an IPO in 2018 and sold down further to a 42% holding in 2020.

SoftBank Headlines

No Headlines