Nippon Souken Co (TSE:5840) Tax Expense : 円 Mil (TTM As of Nov. 2023)

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What is Nippon Souken Co Tax Expense?

Nippon Souken Co's tax expense for the months ended in Nov. 2023 was 円0.3 Mil.

Nippon Souken Co Tax Expense Historical Data

The historical data trend for Nippon Souken Co's Tax Expense 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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Nippon Souken Co Tax Expense Chart

Nippon Souken Co Annual Data

Trend

Nov21

Nov22

Nov23

Tax Expense

1.77

-1.17

0.28

Nippon Souken Co Semi-Annual Data
	Nov21	Nov22	Nov23
Tax Expense	1.77	-1.17	0.28

Nippon Souken Co Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Nippon Souken Co (TSE:5840) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.

Nippon Souken Co Tax Expense Related Terms

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Nippon Souken Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Nippon Souken Co Ltd (TSE:5840) » Definitions » Tax Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-1 Sunport, Takamatsu Symbol Tower 9th floor, Kagawa Prefecture, Takamatsu, JPN, 760-0019

Website

https://www.iba-ns.com

Nippon Souken Co Ltd is an insurance broker authorized by the Financial Services Agency to specialize in risk and insurance. The company provides a one-stop solution to the problems faced by insurance representatives.

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