Showcase (TSE:3909) Tax Rate %: 1.81% (As of Mar. 2026)

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TSE:3909 Showcase Inc TSE:3909
58 GF Score
Price 円202.00
GF Value 円237.28
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Showcase Tax Rate %?

Showcase TSE:3909 58 Tax Rate % is 1.81% as of Mar. 2026. GuruFocus rates TSE:3909 with a GF Score™ of 58/100 and a GF Value™ of 円237.28 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Showcase's Tax Expense for the three months ended in Mar. 2026 was 円16 Mil. Showcase's Pre-Tax Income for the three months ended in Mar. 2026 was 円862 Mil. Therefore, Showcase's Tax Rate % for the quarter that ended in Mar. 2026 was 1.81%.

Showcase Tax Rate % Related Terms

Showcase Tax Rate % Historical Data

* Premium members only.

The historical data trend for Showcase'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.

Showcase Tax Rate % Chart

Showcase Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.14 -1.72 10.21 -2.64 4.83

Showcase Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.92 -113.63 2.19 114.01 1.81
TSE:3909
58GF Score
Showcase Inc TSE:3909
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Showcase Tax Rate % Calculation

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

Showcase's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=20.417/-773.029
=-2.64 %

Showcase'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 )
=15.602/862.311
=1.81 %

* 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 1.81% mean?
Showcase (TSE:3909) has a Tax Rate % of 1.81% as of Mar. 2026.
Is Showcase's Tax Rate % too high?
Showcase's current Tax Rate % is 1.81%. Overall, Showcase has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Showcase's Tax Rate % compare to QH and SHOP?
Showcase's Tax Rate % of 1.81% can be compared against companies in the Software 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 Software company?
A good Tax Rate % depends on the Software 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. Showcase's current Tax Rate % is 1.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Showcase stock overvalued right now?
Based on GuruFocus' analysis, Showcase (TSE:3909) is currently considered Modestly Undervalued. The stock's GF Value™ is 円237.28, compared to a current price of 円202.00 — trading 14.9% below its estimated fair value. The current Tax Rate % is 1.81%. Showcase's overall GF Score™ is 58/100 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 Showcase (TSE:3909), the current Tax Rate % is 1.81% 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 Showcase (TSE:3909) Overvalued in 2026?

Based on GuruFocus' analysis, Showcase stock appears to be undervalued. The current stock price of 円202.00 is trading 14.9% below its estimated GF Value™ of 円237.28. GuruFocus considers Showcase to be Modestly Undervalued.

Key valuation signals for TSE:3909:

  • Tax Rate %: 1.81%
  • GF Value™: 円237.28 vs. price of 円202.00 (14.9% below fair value)
  • GF Score™: 58/100 with 4 warning signs

No single metric tells the full story. See the TSE:3909 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Showcase Business Description

Address 1-9-9, Roppongi, 14th Floor, Roppongi First Building, Minato-ku, Tokyo, JPN, 106-0032
Showcase Inc is engaged in web marketing services. Its operations are carried out through the following business segments: DX Cloud Business, Advertising and Media Business, Investment-related Business, and Information and Communications-related Business. The DX Cloud Business is engaged in the SaaS business. The Advertising and Media Business operates owned media and affiliate advertising. The Investment-related business provides SmartPitch, an online matching platform by Showcase Capital Inc., connecting startups with operating companies, VCs, and CVCs, while also supporting startup growth and fundraising for listed companies. The Information and Communications Related Business is engaged in the sale of used smartphones.
58GF Score

Get the complete analysis for TSE:3909

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

円202.00
Price
円237.28
GF Value