Verite Co (TSE:9904) Tax Rate % : 41.31% (As of Mar. 2024)

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What is Verite Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Verite Co's Tax Expense for the three months ended in Mar. 2024 was 円88 Mil. Verite Co's Pre-Tax Income for the three months ended in Mar. 2024 was 円213 Mil. Therefore, Verite Co's Tax Rate % for the quarter that ended in Mar. 2024 was 41.31%.

Verite Co Tax Rate % Historical Data

The historical data trend for Verite 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.

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Verite Co Tax Rate % Chart

Verite Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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20.24

5.82

41.95

38.79

37.87

Verite Co 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															25.88	20.00	48.36	31.80	41.31

Verite Co Tax Rate % Calculation

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

Verite Co'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 )
	=	306	/	808
	=	37.87 %

Verite Co'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 )
	=	88	/	213
	=	41.31 %

Verite Co Tax Rate % Related Terms

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Verite Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Verite Co Ltd (TSE:9904) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

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Address

Tsuruya-machi 3 - chome 33 - 8, Yokohama-shi Kanagawa-ku, Kanagawa, JPN, 221-8705

Website

http://www.verite.jp

Verite Co Ltd is engaged in operating jewellery specialty retail chain. The company is engaged in manufacture and sale of precious metal, clock, and fashion goods. The firm offers customer service and after sales service which include repair, processing, and renovation.

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