Howa Machinery (TSE:6203) Tax Rate %: 51.65% (As of Mar. 2026)

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TSE:6203 Howa Machinery Ltd TSE:6203
65 GF Score
Price 円1,559.00
GF Value 円1,046.63
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Howa Machinery Tax Rate %?

Howa Machinery TSE:6203 +1.83% 65 Tax Rate % is 51.65% as of Mar. 2026. GuruFocus rates TSE:6203 with a GF Score™ of 65/100 and a GF Value™ of 円1,046.63 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Howa Machinery's Tax Expense for the three months ended in Mar. 2026 was 円204 Mil. Howa Machinery's Pre-Tax Income for the three months ended in Mar. 2026 was 円395 Mil. Therefore, Howa Machinery's Tax Rate % for the quarter that ended in Mar. 2026 was 51.65%.

Howa Machinery Tax Rate % Related Terms

Howa Machinery Tax Rate % Historical Data

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The historical data trend for Howa Machinery'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.

Howa Machinery Tax Rate % Chart

Howa Machinery 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 18.17 16.27 -0.58 37.89 44.62

Howa Machinery Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 32.23 -170.79 14.62 51.65 32.04
TSE:6203
65GF Score
Howa Machinery Ltd TSE:6203
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Howa Machinery Tax Rate % Calculation

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

Howa Machinery'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 )
=597/1338
=44.62 %

Howa Machinery'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 )
=204/395
=51.65 %

* 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 51.65% mean?
Howa Machinery (TSE:6203) has a Tax Rate % of 51.65% as of Mar. 2026.
Is Howa Machinery's Tax Rate % too high?
Howa Machinery's current Tax Rate % is 51.65%. Overall, Howa Machinery has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Howa Machinery's Tax Rate % compare to GEV and ETN?
Howa Machinery's Tax Rate % of 51.65% can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Tax Rate % depends on the Industrial Products 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. Howa Machinery's current Tax Rate % is 51.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Howa Machinery stock overvalued right now?
Based on GuruFocus' analysis, Howa Machinery (TSE:6203) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,046.63, compared to a current price of 円1,559.00 — trading 49% above its estimated fair value. The current Tax Rate % is 51.65%. Howa Machinery's overall GF Score™ is 65/100 with 5 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 Howa Machinery (TSE:6203), the current Tax Rate % is 51.65% 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 Howa Machinery (TSE:6203) Overvalued in 2026?

Based on GuruFocus' analysis, Howa Machinery stock appears to be overvalued. The current stock price of 円1,559.00 is trading 49% above its estimated GF Value™ of 円1,046.63. GuruFocus considers Howa Machinery to be Significantly Overvalued.

Key valuation signals for TSE:6203:

  • Tax Rate %: 51.65%
  • GF Value™: 円1,046.63 vs. price of 円1,559.00 (49% above fair value)
  • GF Score™: 65/100 with 5 warning signs

No single metric tells the full story. See the TSE:6203 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Howa Machinery Business Description

Address 1900-1, Sukaguchi, Kiyosu, Aichi, JPN
Howa Machinery Ltd engages in the manufacture and sale of machine tools, pneumatic and hydraulic equipment, electronic machines, firearms, construction materials and construction machinery.
65GF Score

Get the complete analysis for TSE:6203

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

円1,559.00
Price
円1,046.63
GF Value