Nitto Kogyo (TSE:6651) Tax Rate % : 29.16% (As of Dec. 2023)

View and export this data going back to 1990. Start your Free Trial

What is Nitto Kogyo Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nitto Kogyo's Tax Expense for the three months ended in Dec. 2023 was 円1,257 Mil. Nitto Kogyo's Pre-Tax Income for the three months ended in Dec. 2023 was 円4,310 Mil. Therefore, Nitto Kogyo's Tax Rate % for the quarter that ended in Dec. 2023 was 29.16%.

Nitto Kogyo Tax Rate % Historical Data

The historical data trend for Nitto Kogyo'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.

* Premium members only.

Nitto Kogyo Tax Rate % Chart

Nitto Kogyo Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

Get a 7-Day Free Trial

32.63

30.45

30.30

33.66

28.78

Nitto Kogyo 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															27.36	34.86	30.43	29.16	21.41

Nitto Kogyo Tax Rate % Calculation

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

Nitto Kogyo's Tax Rate % for the fiscal year that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2024 )	/	Pre-Tax Income (A: Mar. 2024 )
	=	3516	/	12217
	=	28.78 %

Nitto Kogyo's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	1257	/	4310
	=	29.16 %

Nitto Kogyo Tax Rate % Related Terms

Thank you for viewing the detailed overview of Nitto Kogyo's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Nitto Kogyo (TSE:6651) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nitto Kogyo Corp (TSE:6651) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2201, Kanihara, Nagakute-cho, Aichi County, Tokyo, JPN, 480-1189

Website

https://www.nito.co.jp

Nitto Kogyo Corp is a Japan-based company which provides a wide range of product materials, such as electric circuit panelboard powered high-pressure equipment, such as information and communications-related materials. It is engaged in manufacture and sales of electric and mechanical equipment such as high-voltage power-receiving equipment, panel boards, home panel boards, charging stations, optical junction boxes, metal enclosures, plastic enclosures, racks, breakers, switches, thermal management products, and so on. The company is also in Power Generation and sales business.

Nitto Kogyo (TSE:6651) Headlines

No Headlines