Nichiryo Baking Co (SSE:2218) Tax Rate % : 37.16% (As of Dec. 2023)

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What is Nichiryo Baking Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nichiryo Baking Co's Tax Expense for the three months ended in Dec. 2023 was 円24 Mil. Nichiryo Baking Co's Pre-Tax Income for the three months ended in Dec. 2023 was 円65 Mil. Therefore, Nichiryo Baking Co's Tax Rate % for the quarter that ended in Dec. 2023 was 37.16%.

Nichiryo Baking Co Tax Rate % Historical Data

The historical data trend for Nichiryo Baking 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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Nichiryo Baking Co Tax Rate % Chart

Nichiryo Baking Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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67.64

28.98

34.07

37.62

54.07

Nichiryo Baking Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															36.47	12.81	35.33	32.27	37.16

Nichiryo Baking Co Tax Rate % Calculation

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

Nichiryo Baking Co's Tax Rate % for the fiscal year that ended in Mar. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2023 )	/	Pre-Tax Income (A: Mar. 2023 )
	=	63.36	/	117.191
	=	54.07 %

Nichiryo Baking Co's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	24.171	/	65.045
	=	37.16 %

Nichiryo Baking Co Tax Rate % Related Terms

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Nichiryo Baking Co (SSE:2218) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nichiryo Baking Co Ltd (SSE:2218) » Definitions » Tax Rate %

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Traded in Other Exchanges

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Address

Toyohira-ku Tsukisa Higashi, Sapporo, JPN, 1118-551

Website

http://www.nichiryo-pan.co.jp

Nichiryo Baking Co Ltd engages in the manufacturing and sale of food products in Japan. The Company's products include bread, bakery, pastry, candy products, plain bread, meal bread, sweet bread, Japanese confectionery, northern country bakery, boiled rice, cooked bread. It also sales seasonal items.

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