Hitachi Metals (TSE:5486) Tax Rate % : 23.42% (As of Sep. 2022)

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What is Hitachi Metals Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hitachi Metals's Tax Expense for the three months ended in Sep. 2022 was 円4,344 Mil. Hitachi Metals's Pre-Tax Income for the three months ended in Sep. 2022 was 円18,546 Mil. Therefore, Hitachi Metals's Tax Rate % for the quarter that ended in Sep. 2022 was 23.42%.

Hitachi Metals Tax Rate % Historical Data

The historical data trend for Hitachi Metals'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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Hitachi Metals Tax Rate % Chart

Hitachi Metals Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Tax Rate %

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10.45

27.41

2.65

15.88

63.68

Hitachi Metals Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Tax Rate %	Get a 7-Day Free Trial															23.89	58.11	112.44	23.96	23.42

Hitachi Metals Tax Rate % Calculation

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

Hitachi Metals's Tax Rate % for the fiscal year that ended in Mar. 2022 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2022 )	/	Pre-Tax Income (A: Mar. 2022 )
	=	20850	/	32740
	=	63.68 %

Hitachi Metals's Tax Rate % for the quarter that ended in Sep. 2022 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2022 )	/	Pre-Tax Income (Q: Sep. 2022 )
	=	4344	/	18546
	=	23.42 %

Hitachi Metals Tax Rate % Related Terms

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Hitachi Metals (TSE:5486) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Hitachi Metals Ltd (TSE:5486) » Definitions » Tax Rate %

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Address

Shinagawa Season Terrace, 2-70, Konan 1-chome, Minato-ku, Tokyo, JPN, 108-8224

Website

http://www.hitachi-metals.co.jp

Hitachi Metals Ltd is a Japan-based company that operates through four segments. The High-Grade Metal Products and Materials segment produces specialty steel, rolls, amorphous metals and cutting tools. The Magnetic Materials and Applications segment produces magnets, soft ferrite, other soft magnetic materials and others. The High-Grade Functional Components and Equipment segment produces casting components, piping components and construction components. The Wires, Cables and Related Products segment produces electric wires and cables, automotive products and information systems. Infrastructure, automobiles and electronics are the target sectors of the company's products. Japan, Europe, Asia and North America are the biggest markets for Hitachi Metals.

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