Nippon Avionics Co (TSE:6946) Tax Rate %: 24.20% (As of Mar. 2026)

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TSE:6946 Nippon Avionics Co Ltd TSE:6946
82 GF Score
Price 円5,880.00
GF Value 円4,359.35
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Nippon Avionics Co Tax Rate %?

Nippon Avionics Co TSE:6946 -0.84% 82 Tax Rate % is 24.20% as of Mar. 2026. GuruFocus rates TSE:6946 with a GF Score™ of 82/100 and a GF Value™ of 円4,359.35 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nippon Avionics Co's Tax Expense for the three months ended in Mar. 2026 was 円507 Mil. Nippon Avionics Co's Pre-Tax Income for the three months ended in Mar. 2026 was 円2,095 Mil. Therefore, Nippon Avionics Co's Tax Rate % for the quarter that ended in Mar. 2026 was 24.20%.

Nippon Avionics Co Tax Rate % Related Terms

Nippon Avionics Co Tax Rate % Historical Data

* Premium members only.

The historical data trend for Nippon Avionics 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.

Nippon Avionics Co Tax Rate % Chart

Nippon Avionics Co 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 8.76 9.09 0.14 27.53 28.58

Nippon Avionics Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 19.32 29.96 31.89 31.52 24.20
TSE:6946
82GF Score
Nippon Avionics Co Ltd TSE:6946
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Avionics Co Tax Rate % Calculation

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

Nippon Avionics Co'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 )
=1529/5349
=28.58 %

Nippon Avionics Co'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 )
=507/2095
=24.20 %

* 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 24.20% mean?
Nippon Avionics Co (TSE:6946) has a Tax Rate % of 24.20% as of Mar. 2026.
Is Nippon Avionics Co's Tax Rate % too high?
Nippon Avionics Co's current Tax Rate % is 24.20%. Overall, Nippon Avionics Co has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Avionics Co's Tax Rate % compare to VRT and BE?
Nippon Avionics Co's Tax Rate % of 24.20% 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. Nippon Avionics Co's current Tax Rate % is 24.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Avionics Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Avionics Co (TSE:6946) is currently considered Significantly Overvalued. The stock's GF Value™ is 円4,359.35, compared to a current price of 円5,880.00 — trading 34.9% above its estimated fair value. The current Tax Rate % is 24.20%. Nippon Avionics Co's overall GF Score™ is 82/100 with 2 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 Nippon Avionics Co (TSE:6946), the current Tax Rate % is 24.20% 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 Nippon Avionics Co (TSE:6946) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Avionics Co stock appears to be overvalued. The current stock price of 円5,880.00 is trading 34.9% above its estimated GF Value™ of 円4,359.35. GuruFocus considers Nippon Avionics Co to be Significantly Overvalued.

Key valuation signals for TSE:6946:

  • Tax Rate %: 24.20%
  • GF Value™: 円4,359.35 vs. price of 円5,880.00 (34.9% above fair value)
  • GF Score™: 82/100 with 2 warning signs

No single metric tells the full story. See the TSE:6946 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nippon Avionics Co Business Description

Address Gotanda Kowa Building, 8-1-5, Nishi-Gotanda, Shinagawa-ku, Tokyo, JPN, 141-0031
Nippon Avionics Co Ltd is a manufacturer of electronics equipment. The company is organized into three major business segments - Information System, Joining Equipment, and Infrared Thermography. Information System business provides device products and packaging technologies adopted for the development, manufacture and maintenance of various defence system equipment. The Micro Joining Equipment business active in the manufacture of electronic equipment and electronic parts. It offers a wide range of solutions including welding, soldering, thermocompression bonding, thermal caulking, sealing and ultrasonic bonding. The Infrared Thermography business develops, manufactures and sells infrared thermography camera that visualizes heat.
82GF Score

Get the complete analysis for TSE:6946

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

円5,880.00
Price
円4,359.35
GF Value