Aichi Steel (FRA:8T2) Tax Rate % : 42.27% (As of Mar. 2024)

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What is Aichi Steel Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Aichi Steel's Tax Expense for the three months ended in Mar. 2024 was €4 Mil. Aichi Steel's Pre-Tax Income for the three months ended in Mar. 2024 was €9 Mil. Therefore, Aichi Steel's Tax Rate % for the quarter that ended in Mar. 2024 was 42.27%.

Aichi Steel Tax Rate % Historical Data

The historical data trend for Aichi Steel'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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Aichi Steel Tax Rate % Chart

Aichi Steel Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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28.07

26.93

26.46

29.96

27.31

Aichi Steel 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															36.83	26.51	20.90	25.59	42.27

Aichi Steel Tax Rate % Calculation

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

Aichi Steel'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 )
	=	18.361	/	67.223
	=	27.31 %

Aichi Steel'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 )
	=	3.611	/	8.542
	=	42.27 %

Aichi Steel Tax Rate % Related Terms

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Aichi Steel (FRA:8T2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Aichi Steel Corp (FRA:8T2) » Definitions » Tax Rate %

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5482:Japan

Address

1 Wanowari Araomachi, Aichi-ken, Tokai, JPN, 476-8666

Website

http://www.aichi-steel.co.jp

Aichi Steel Corp is a Japan-based company that manufactures and sells steel, forged products and electro-magnetic products. The company operates through four segments. The steel segment manufactures and sells specialty steel, stainless steel, and titanium. The forged product segment produces a wide variety of forgings. The electromagnetic products segment manufactures electromagnetic components. The steel and forged products segments are the two biggest segments, representing the majority of Aichi Steel's sales. Aichi Steel is a member of Toyota Group. Toyota Motor and Toyota Tsusho are its major customers. The company generates most of its revenue from the Japanese domestic market.

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