Hotman Co (TSE:3190) Tax Rate %: 28.93% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:3190 Hotman Co Ltd TSE:3190
62 GF Score
Price 円586.00
GF Value 円625.18
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Hotman Co Tax Rate %?

Hotman Co TSE:3190 +0.86% 62 Tax Rate % is 28.93% as of Mar. 2026. GuruFocus rates TSE:3190 with a GF Score™ of 62/100 and a GF Value™ of 円625.18 (Fairly Valued). The stock has 2 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hotman Co's Tax Expense for the three months ended in Mar. 2026 was 円-114 Mil. Hotman Co's Pre-Tax Income for the three months ended in Mar. 2026 was 円-395 Mil. Therefore, Hotman Co's Tax Rate % for the quarter that ended in Mar. 2026 was 28.93%.


Hotman Co Tax Rate % Related Terms


Hotman Co Tax Rate % Historical Data

* Premium members only.

The historical data trend for Hotman 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.

Hotman Co Tax Rate % Chart

Hotman Co 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 40.70 47.13 42.94 35.19 37.31

Hotman Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 35.42 26.52 31.30 28.93 36.61
TSE:3190
62GF Score
Hotman Co Ltd TSE:3190
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hotman Co Tax Rate % Calculation

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

Hotman Co'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 )
=212.471/569.427
=37.31 %

Hotman Co'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 )
=-114.279/-395.04
=28.93 %

* 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 28.93% mean?
Hotman Co (TSE:3190) has a Tax Rate % of 28.93% as of Mar. 2026.
Is Hotman Co's Tax Rate % too high?
Hotman Co's current Tax Rate % is 28.93%. Overall, Hotman Co has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hotman Co's Tax Rate % compare to competitors?
Hotman Co's Tax Rate % of 28.93% can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Tax Rate % depends on the Manufacturing - Apparel & Accessories 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. Hotman Co's current Tax Rate % is 28.93%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hotman Co stock overvalued right now?
Based on GuruFocus' analysis, Hotman Co (TSE:3190) is currently considered Fairly Valued. The stock's GF Value™ is 円625.18, compared to a current price of 円586.00 — trading 6.3% below its estimated fair value. The current Tax Rate % is 28.93%. Hotman Co's overall GF Score™ is 62/100 with 2 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 Hotman Co (TSE:3190), the current Tax Rate % is 28.93% 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 Hotman Co (TSE:3190) Overvalued in 2026?

Based on GuruFocus' analysis, Hotman Co stock appears to be undervalued. The current stock price of 円586.00 is trading 6.3% below its estimated GF Value™ of 円625.18. GuruFocus considers Hotman Co to be Fairly Valued.

Key valuation signals for TSE:3190:

  • Tax Rate %: 28.93%
  • GF Value™: 円625.18 vs. price of 円586.00 (6.3% below fair value)
  • GF Score™: 62/100 with 2 warning signs

No single metric tells the full story. See the TSE:3190 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hotman Co Business Description

Address 4-4-17 Nishitaga, Taihaku-ku, Miyagi-ken, Sendai, JPN, 982?0034
Hotman Co Ltd is a Japan-based company engaged in the automotive supplies and automotive-related business. Its operating segments include: the Yellow Hat Business, which sells, installs, and maintains car accessories; the TSUTAYA Business, which offers books, stationery, and DVD rentals; and the Up Garage Business, focused on buying and selling used car-related products. It generates the majority of its revenue from the Yellow Hat Business.
62GF Score

Get the complete analysis for TSE:3190

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

円586.00
Price
円625.18
GF Value