NPNGY (Nippon Gas Co) Tax Rate % : 35.02% (As of Sep. 2024)

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What is Nippon Gas Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nippon Gas Co's Tax Expense for the three months ended in Sep. 2024 was $1 Mil. Nippon Gas Co's Pre-Tax Income for the three months ended in Sep. 2024 was $2 Mil. Therefore, Nippon Gas Co's Tax Rate % for the quarter that ended in Sep. 2024 was 35.02%.

Nippon Gas Co Tax Rate % Historical Data

The historical data trend for Nippon Gas 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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Nippon Gas Co Tax Rate % Chart

Nippon Gas Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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23.74

29.31

31.02

30.22

28.52

Nippon Gas 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															31.56	30.09	25.99	32.58	35.02

Nippon Gas Co Tax Rate % Calculation

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

Nippon Gas 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 )
	=	28.828	/	101.082
	=	28.52 %

Nippon Gas 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 )
	=	0.588	/	1.679
	=	35.02 %

Nippon Gas Co Tax Rate % Related Terms

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Nippon Gas Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Nippon Gas Co Ltd (OTCPK:NPNGY) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

8174:Japan NG0:Germany

Address

10, No. 7, No. 2-chome, Tokyo, JPN, 104-8540

Website

http://www.nichigas.co.jp

Nippon Gas Co Ltd, or Nichigas, is a Japanese supplier of gas primarily in the Kanto region of Japan. The company segments its operations into LP Gas, City Gas, Electricity, and Life Products Businesses. LP Gas and City Gas are Nichigas' core segments, which engage in the distribution and sale of liquefied petroleum gas, or LPG, and city gas for consumer usage. The company's total revenue is split between sales of LPG and city gas, with LPG generating slightly more. Roughly half of Nichigas' customers are residential consumers in terms of sales volume, while the other half are commercial entities. With its subsidiaries, the company is also involved in the distribution and sale of liquefied natural gas, high-pressure gas, and gas appliances.

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