SFBQF (SoftBank) Tax Rate % : 23.24% (As of Sep. 2024)

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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 $409 Mil. SoftBank's Pre-Tax Income for the three months ended in Sep. 2024 was $1,761 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.

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SoftBank Tax Rate % Chart

SoftBank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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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															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 )
	=	1439.387	/	5379.252
	=	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 )
	=	409.299	/	1760.909
	=	23.24 %

SoftBank Tax Rate % Related Terms

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SoftBank Business Description

Industry

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

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SOBKY:USA 9434:Japan 3AG1:Germany

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.