CTS Co (TSE:4345) Tax Rate % : 32.34% (As of Dec. 2023)

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What is CTS Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. CTS Co's Tax Expense for the three months ended in Dec. 2023 was 円283 Mil. CTS Co's Pre-Tax Income for the three months ended in Dec. 2023 was 円875 Mil. Therefore, CTS Co's Tax Rate % for the quarter that ended in Dec. 2023 was 32.34%.

CTS Co Tax Rate % Historical Data

The historical data trend for CTS 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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CTS Co Tax Rate % Chart

CTS Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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31.62

31.69

31.95

32.25

33.90

CTS 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															36.41	32.41	33.39	33.03	32.34

CTS Co Tax Rate % Calculation

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

CTS 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 )
	=	902	/	2661
	=	33.90 %

CTS 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 )
	=	283	/	875
	=	32.34 %

CTS Co Tax Rate % Related Terms

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CTS Co (TSE:4345) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CTS Co Ltd (TSE:4345) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

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Address

115 Kuriyasu, Nagano Prefecture, Ueda, JPN

Website

http://www.cts-h.co.jp

CTS Co Ltd is engaged in construction ICT, system business, survey measurement business, house furniture business and environmental safety business. The company offers products and services on rental basis specialized in the industry such as system equipment and communication lines. Its product offerings include cloud solution, color multi-function machine, inkjet printer, network cameras, personal computers equipped with functions suitable for the application, focusing on business models, among others.

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