Shinnihon (TSE:1879) Tax Rate %: 22.89% (As of Mar. 2026)

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TSE:1879 Shinnihon Corp TSE:1879
83 GF Score
Price 円2,293.00
GF Value 円1,682.94
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Shinnihon Tax Rate %?

Shinnihon TSE:1879 +0.79% 83 Tax Rate % is 22.89% as of Mar. 2026. GuruFocus rates TSE:1879 with a GF Score™ of 83/100 and a GF Value™ of 円1,682.94 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Shinnihon's Tax Expense for the three months ended in Mar. 2026 was 円2,179 Mil. Shinnihon's Pre-Tax Income for the three months ended in Mar. 2026 was 円9,521 Mil. Therefore, Shinnihon's Tax Rate % for the quarter that ended in Mar. 2026 was 22.89%.

Shinnihon Tax Rate % Related Terms

Shinnihon Tax Rate % Historical Data

* Premium members only.

The historical data trend for Shinnihon'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.

Shinnihon Tax Rate % Chart

Shinnihon Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.71 30.26 30.47 30.22 26.71

Shinnihon Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 28.90 30.78 30.16 22.89 31.23
TSE:1879
83GF Score
Shinnihon Corp TSE:1879
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shinnihon Tax Rate % Calculation

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

Shinnihon's Tax Rate % for the fiscal year that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2026 )/Pre-Tax Income (A: Mar. 2026 )
=5547/20771
=26.71 %

Shinnihon's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=2179/9521
=22.89 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 22.89% mean?
Shinnihon (TSE:1879) has a Tax Rate % of 22.89% as of Mar. 2026.
Is Shinnihon's Tax Rate % too high?
Shinnihon's current Tax Rate % is 22.89%. Overall, Shinnihon has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shinnihon's Tax Rate % compare to PWR and FIX?
Shinnihon's Tax Rate % of 22.89% can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Construction company?
A good Tax Rate % depends on the Construction industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Shinnihon's current Tax Rate % is 22.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinnihon stock overvalued right now?
Based on GuruFocus' analysis, Shinnihon (TSE:1879) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,682.94, compared to a current price of 円2,293.00 — trading 36.2% above its estimated fair value. The current Tax Rate % is 22.89%. Shinnihon's overall GF Score™ is 83/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Shinnihon (TSE:1879), the current Tax Rate % is 22.89% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Shinnihon (TSE:1879) Overvalued in 2026?

Based on GuruFocus' analysis, Shinnihon stock appears to be overvalued. The current stock price of 円2,293.00 is trading 36.2% above its estimated GF Value™ of 円1,682.94. GuruFocus considers Shinnihon to be Significantly Overvalued.

Key valuation signals for TSE:1879:

  • Tax Rate %: 22.89%
  • GF Value™: 円1,682.94 vs. price of 円2,293.00 (36.2% above fair value)
  • GF Score™: 83/100 with 4 warning signs

No single metric tells the full story. See the TSE:1879 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shinnihon Business Description

Address 1-4-3 Hibino, Shin Nippon Building, Mihama-ku, Chiba, JPN, 261-0021
Shinnihon Corp is engaged in engineering and construction services. The company operates in two divisions namely Construction Division and Development Business Division. The construction division is engaged in the construction of joint housing, government office, hotel, office building, shopping center, shop, hospital/welfare facilities, and factories. The Development Business Division is engaged in Distribution and rental of condominium / detached house, planning and development business of commercial facilities, offices, and warehouses.
83GF Score

Get the complete analysis for TSE:1879

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円2,293.00
Price
円1,682.94
GF Value