Kitz (TSE:6498) Tax Rate % : 28.36% (As of Mar. 2024)

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What is Kitz Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Kitz's Tax Expense for the three months ended in Mar. 2024 was 円1,026 Mil. Kitz's Pre-Tax Income for the three months ended in Mar. 2024 was 円3,618 Mil. Therefore, Kitz's Tax Rate % for the quarter that ended in Mar. 2024 was 28.36%.

Kitz Tax Rate % Historical Data

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

Kitz Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Tax Rate %

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34.73

36.73

32.00

33.93

27.28

Kitz 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															30.07	34.23	26.90	23.50	28.36

Kitz Tax Rate % Calculation

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

Kitz's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2022 )	/	Pre-Tax Income (A: Dec. 2022 )
	=	3275	/	12004
	=	27.28 %

Kitz'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 )
	=	1026	/	3618
	=	28.36 %

Kitz Tax Rate % Related Terms

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Kitz (TSE:6498) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kitz Corp (TSE:6498) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-10-1 Nakase Mihama-ku, Chiba, JPN, 2618577

Website

http://www.kitz.co.jp

Kitz Corp is a Japan-based company that operates through segments namely valve manufacturing business in which the company manufactures and sells valves, fittings, water purifiers, and industrial filters. the brass manufacturing business involves manufacturing and selling of brass rods for machined or forged products. The company's products consist of brass, cast iron, ductile iron, strainer, bronze, and others. It generates a majority of its revenue from the Valve manufacturing business.

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