Tokaido REIT (TSE:2989) Tax Rate % : 0.11% (As of Jul. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Tokaido REIT Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Tokaido REIT's Tax Expense for the six months ended in Jul. 2023 was 円1 Mil. Tokaido REIT's Pre-Tax Income for the six months ended in Jul. 2023 was 円811 Mil. Therefore, Tokaido REIT's Tax Rate % for the quarter that ended in Jul. 2023 was 0.11%.

Tokaido REIT Tax Rate % Historical Data

The historical data trend for Tokaido REIT'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.

Tokaido REIT Tax Rate % Chart

Tokaido REIT Annual Data

Trend

Jul21

Jan22

Jul23

Tax Rate %

0.41

0.13

Tokaido REIT Semi-Annual Data
	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Tax Rate %	Get a 7-Day Free Trial			0.19	0.16	0.16	0.11	0.11

Tokaido REIT Tax Rate % Calculation

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

Tokaido REIT's Tax Rate % for the fiscal year that ended in Jul. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Jul. 2023 )	/	Pre-Tax Income (A: Jul. 2023 )
	=	1.737	/	1379.82
	=	0.13 %

Tokaido REIT's Tax Rate % for the quarter that ended in Jul. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Jul. 2023 )	/	Pre-Tax Income (Q: Jul. 2023 )
	=	0.853	/	811.225
	=	0.11 %

Tokaido REIT Tax Rate % Related Terms

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

Tokaido REIT (TSE:2989) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Tokaido REIT Inc (TSE:2989) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-14-3 Nagatacho, Chiyoda-ku, Tokyo, JPN, 100-0014

Website

Tokaido REIT Inc is a real estate investment trust that focuses on the Tokaido area, mainly Shizuoka, Aichi, and Mie prefectures. Its Investment targets are divided into two types including "Industrial infrastructure assets" targeting logistics facilities and office buildings, and "Living infrastructure assets" for residential and commercial facilities.

Tokaido REIT (TSE:2989) Headlines

No Headlines