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Tokyo Steel Manufacturing Co (TSE:5423) Pretax Margin % : 10.05% (As of Dec. 2023)


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What is Tokyo Steel Manufacturing Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Tokyo Steel Manufacturing Co's Pre-Tax Income for the three months ended in Dec. 2023 was 円8,795 Mil. Tokyo Steel Manufacturing Co's Revenue for the three months ended in Dec. 2023 was 円87,476 Mil. Therefore, Tokyo Steel Manufacturing Co's pretax margin for the quarter that ended in Dec. 2023 was 10.05%.

The historical rank and industry rank for Tokyo Steel Manufacturing Co's Pretax Margin % or its related term are showing as below:

TSE:5423' s Pretax Margin % Range Over the Past 10 Years
Min: 3.04   Med: 8.7   Max: 12.74
Current: 8.4


TSE:5423's Pretax Margin % is ranked better than
73.46% of 599 companies
in the Steel industry
Industry Median: 3.54 vs TSE:5423: 8.40

Tokyo Steel Manufacturing Co Pretax Margin % Historical Data

The historical data trend for Tokyo Steel Manufacturing Co's Pretax Margin % 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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Tokyo Steel Manufacturing Co Pretax Margin % Chart

Tokyo Steel Manufacturing Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.09 3.04 12.14 10.70 -

Tokyo Steel Manufacturing Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % 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 5.63 12.44 10.74 10.05 -

Competitive Comparison of Tokyo Steel Manufacturing Co's Pretax Margin %

For the Steel subindustry, Tokyo Steel Manufacturing Co's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tokyo Steel Manufacturing Co's Pretax Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tokyo Steel Manufacturing Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Tokyo Steel Manufacturing Co's Pretax Margin % falls into.



Tokyo Steel Manufacturing Co Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Tokyo Steel Manufacturing Co's Pretax Margin for the fiscal year that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=0/367242
=0.00 %

Tokyo Steel Manufacturing Co's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=8795/87476
=10.05 %

* 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.


Tokyo Steel Manufacturing Co  (TSE:5423) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Tokyo Steel Manufacturing Co Pretax Margin % Related Terms

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Tokyo Steel Manufacturing Co (TSE:5423) Business Description

Traded in Other Exchanges
N/A
Address
Kasumigaseki-Tokyu Bldg 15th Floor,, 3-7-1, Kasumigaseki, Chiyoda-ku, Tokyo, JPN, 1000013
Tokyo Steel Manufacturing Co Ltd is a Japan-based company primarily engaged in production of long steel products and flat steel products. The company's long product portfolio comprises H beams, sheet piles, I-beams, checkered H-beams, channels, and reinforcing bars. The company's flat product portfolio consists of heavy plates, hot-rolled coils, pickled and oiled coils, hot-dip galvanized coils, checkered coils, and steel sheets. These products are used in broad range of applications, including construction, civil engineering, industrial equipment, plant equipment, bridge, and shipbuilding. The company has four plants located in Tahara, Okayama, Kyushu, and Utsunomiya. Tokyo Steel Manufacturing generates most of its revenue from the Japanese domestic market.

Tokyo Steel Manufacturing Co (TSE:5423) Headlines

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