Nittoseiko Co (TSE:5957) Tax Rate % : 30.12% (As of Mar. 2024)

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What is Nittoseiko Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nittoseiko Co's Tax Expense for the three months ended in Mar. 2024 was 円216 Mil. Nittoseiko Co's Pre-Tax Income for the three months ended in Mar. 2024 was 円717 Mil. Therefore, Nittoseiko Co's Tax Rate % for the quarter that ended in Mar. 2024 was 30.12%.

Nittoseiko Co Tax Rate % Historical Data

The historical data trend for Nittoseiko 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.

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Nittoseiko Co Tax Rate % Chart

Nittoseiko Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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29.46

33.65

30.84

34.89

30.23

Nittoseiko Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															31.88	37.56	22.45	26.44	30.12

Nittoseiko Co Tax Rate % Calculation

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

Nittoseiko Co's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	855.664	/	2830.857
	=	30.23 %

Nittoseiko Co's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	215.882	/	716.667
	=	30.12 %

Nittoseiko Co Tax Rate % Related Terms

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Nittoseiko Co (TSE:5957) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nittoseiko Co Ltd (TSE:5957) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Umegahata, Inokura-Cho, Ayabe, Kyoto, JPN, 623-0054

Website

http://www.nittoseiko.co.jp

Nittoseiko Co Ltd is engaged in the manufacture of industrial fasteners, automatic assembly machines and measurement, and inspection equipment. While majority of the sales is earned from selling of fasteners.

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