Nice (TSE:8089) Tax Rate % : 34.91% (As of Dec. 2023)

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What is Nice Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nice's Tax Expense for the three months ended in Dec. 2023 was 円346 Mil. Nice's Pre-Tax Income for the three months ended in Dec. 2023 was 円991 Mil. Therefore, Nice's Tax Rate % for the quarter that ended in Dec. 2023 was 34.91%.

Nice Tax Rate % Historical Data

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

Nice Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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52.51

-50.23

23.81

27.72

12.79

Nice Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															35.32	0.38	6.02	8.96	34.91

Nice Tax Rate % Calculation

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

Nice's Tax Rate % for the fiscal year that ended in Mar. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2023 )	/	Pre-Tax Income (A: Mar. 2023 )
	=	587	/	4588
	=	12.79 %

Nice'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 )
	=	346	/	991
	=	34.91 %

Nice Tax Rate % Related Terms

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Nice (TSE:8089) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Nice Corp (TSE:8089) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-33-1, Tsurumichuo, Tsurumi-ku, Kanagawa Nice Building 8th Floor, Yokohama, JPN, 230-8571

Website

https://www.nice.co.jp

Nice Corp is engaged in the business related to housing. Principally, it is involved in the supply and sale of timber and construction materials and promotion of wooden buildings. The company offers timber products, structural frames, construction materials, housing equipment, and imported home products for material and furniture companies. Additionally, it is also into real estate agency business.

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