Noritz (TSE:5943) Tax Rate % : 38.08% (As of Dec. 2024)

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What is Noritz Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Noritz's Tax Expense for the three months ended in Dec. 2024 was 円1,284 Mil. Noritz's Pre-Tax Income for the three months ended in Dec. 2024 was 円3,372 Mil. Therefore, Noritz's Tax Rate % for the quarter that ended in Dec. 2024 was 38.08%.

Noritz Tax Rate % Historical Data

The historical data trend for Noritz'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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Noritz Tax Rate % Chart

Noritz Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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23.79

36.07

34.33

61.00

35.39

Noritz Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															78.07	46.24	20.60	28.48	38.08

Noritz Tax Rate % Calculation

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

Noritz'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 )
	=	2522	/	7126
	=	35.39 %

Noritz's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	1284	/	3372
	=	38.08 %

Noritz Tax Rate % Related Terms

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Noritz Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Noritz Corp (TSE:5943) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

93 Edo-machi, Chuo-ku, Kobe, JPN, 650-0033

Website

http://www.noritz.co.jp

Noritz Corp is a Japanese company that develops and manufactures various heating and household appliances. The company operates across North America, Brazil, East Asia, Hong Kong, Oceania, and Europe. The firm's activities are divided between its Domestic Business and Overseas Business. These businesses are further segmented into a Heating Ventilation and Air Conditioning (HVAC) unit that includes water, gas, and hydronic heating systems; a Renewable Energies unit that includes solar heaters and photovoltaic power generation systems; a Housing Equipment unit that includes built-in bath and kitchen systems; and a Kitchen Appliances unit that includes gas cookers. Geographically, the majority of revenue is derived from the company's sales in Asia.

Noritz Headlines

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