Sumitomo Realty & Development Co (FRA:RL2) Tax Rate % : 33.91% (As of Sep. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Sumitomo Realty & Development Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sumitomo Realty & Development Co's Tax Expense for the three months ended in Sep. 2024 was €113 Mil. Sumitomo Realty & Development Co's Pre-Tax Income for the three months ended in Sep. 2024 was €333 Mil. Therefore, Sumitomo Realty & Development Co's Tax Rate % for the quarter that ended in Sep. 2024 was 33.91%.

Sumitomo Realty & Development Co Tax Rate % Historical Data

The historical data trend for Sumitomo Realty & Development 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.

* Premium members only.

Sumitomo Realty & Development Co Tax Rate % Chart

Sumitomo Realty & Development Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

Get a 7-Day Free Trial

31.49

32.79

31.19

29.70

30.04

Sumitomo Realty & Development Co 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															29.12	30.16	30.43	28.54	33.91

Sumitomo Realty & Development Co Tax Rate % Calculation

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

Sumitomo Realty & Development Co'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 )
	=	467.263	/	1555.227
	=	30.04 %

Sumitomo Realty & Development Co'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 )
	=	112.92	/	333.017
	=	33.91 %

Sumitomo Realty & Development Co Tax Rate % Related Terms

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

Sumitomo Realty & Development Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sumitomo Realty & Development Co Ltd (FRA:RL2) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SURDF:USA 8830:Japan

Address

Shinjuku NS Building, 4-1, Nishi-Shinjuku 2-chome, Shinjuku-ku, Tokyo, JPN, 163-0820

Website

http://www.sumitomo-rd.co.jp

Sumitomo Realty & Development is one of the three big Japanese real estate companies. Unlike Mitsubishi Estate in Marunouchi or Mitsui Fudosan in Nihonbashi, it did not inherit a cluster of prime properties from its prewar predecessor, so Sumitomo Realty has built up a portfolio dispersed across central Tokyo (not just in the main business districts) by opportunistically redeveloping plots of land acquired piecemeal. After office leasing, condo development is a relatively important business for Sumitomo Realty, contributing close to one fourth of its operating profit. The firm is slightly smaller than Mitsubishi Estate and Mitsui Fudosan by assets and has more financial leverage than they do.

Sumitomo Realty & Development Co Headlines

No Headlines