Tohoku Steel Co (Tohoku Steel Co) Tax Rate % : 30.12% (As of Dec. 2023)

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What is Tohoku Steel Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Tohoku Steel Co's Tax Expense for the three months ended in Dec. 2023 was $0.71 Mil. Tohoku Steel Co's Pre-Tax Income for the three months ended in Dec. 2023 was $2.34 Mil. Therefore, Tohoku Steel Co's Tax Rate % for the quarter that ended in Dec. 2023 was 30.12%.

Tohoku Steel Co Tax Rate % Historical Data

The historical data trend for Tohoku Steel 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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Tohoku Steel Co Tax Rate % Chart

Tohoku Steel Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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29.00

27.83

49.03

25.42

21.47

Tohoku Steel Co 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															31.81	-5.71	28.79	-0.86	30.12

Tohoku Steel Co Tax Rate % Calculation

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

Tohoku Steel Co'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 )
	=	2.287	/	10.654
	=	21.47 %

Tohoku Steel Co'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 )
	=	0.705	/	2.341
	=	30.12 %

Tohoku Steel Co Tax Rate % Related Terms

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Tohoku Steel Co (Tohoku Steel Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Tohoku Steel Co Ltd (GREY:TUSEF) » Definitions » Tax Rate %

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Traded in Other Exchanges

5484:Japan

Address

23 Nishigaoka, Murata-machi, Shibata-gun, Miyagi, Murata, JPN, 989-1393

Website

http://www.tohokusteel.com

Tohoku Steel Co Ltd is engaged in manufacturing, processing, and distribution of various types of special steel. It provides magnetic materials, heat-resistant alloys, anti-corrosion alloys, low thermal expansion materials, electronic materials, base materials for deposition, and sealing materials.

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