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MS&AD Insurance Group Holdings (TSE:8725) Tax Rate % : 23.75% (As of Dec. 2023)


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What is MS&AD Insurance Group Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. MS&AD Insurance Group Holdings's Tax Expense for the three months ended in Dec. 2023 was 円60,750 Mil. MS&AD Insurance Group Holdings's Pre-Tax Income for the three months ended in Dec. 2023 was 円255,750 Mil. Therefore, MS&AD Insurance Group Holdings's Tax Rate % for the quarter that ended in Dec. 2023 was 23.75%.


MS&AD Insurance Group Holdings Tax Rate % Historical Data

The historical data trend for MS&AD Insurance Group Holdings'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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MS&AD Insurance Group Holdings Tax Rate % Chart

MS&AD Insurance Group Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,064.06 26.80 28.13 29.92 19.35

MS&AD Insurance Group Holdings 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 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 36.53 25.36 23.39 23.75 -2.81

MS&AD Insurance Group Holdings Tax Rate % Calculation

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

MS&AD Insurance Group Holdings'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 )
=89443/462263
=19.35 %

MS&AD Insurance Group Holdings'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 )
=60750/255750
=23.75 %

* 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.


MS&AD Insurance Group Holdings Tax Rate % Related Terms

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MS&AD Insurance Group Holdings (TSE:8725) Business Description

Traded in Other Exchanges
Address
Yaesu First Financial Building, Yaesu 1-3-7, Chuo-ku, Tokyo, JPN, 103-0028
MS&AD is Japan's second-biggest nonlife insurer, trailing industry leader Tokio Marine in the scale of global operations although not in Japan. Like Tokio Marine and Sompo, MS&AD has grown into a second-tier presence in the domestic life insurance market since life and non-life insurance were mutually deregulated in 1996. Overseas, it is less focused on the U.S. market than its two Japanese rivals and more focused on emerging Asia, but its acquisition of Lloyd's syndicate Amlin in 2017 has increased its exposure to the European and North American markets. MS&AD has historical business connections with the Mitsui and Sumitomo groups (the 'MS' in the company name) and has a long-term partnership with Toyota Motor that is advantageous in acquiring auto insurance customers.

MS&AD Insurance Group Holdings (TSE:8725) Headlines

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