TOWA Pharmaceutical Co (TSE:4553) Tax Rate % : 33.81% (As of Dec. 2023)

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What is TOWA Pharmaceutical Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. TOWA Pharmaceutical Co's Tax Expense for the three months ended in Dec. 2023 was 円2,332 Mil. TOWA Pharmaceutical Co's Pre-Tax Income for the three months ended in Dec. 2023 was 円6,898 Mil. Therefore, TOWA Pharmaceutical Co's Tax Rate % for the quarter that ended in Dec. 2023 was 33.81%.

TOWA Pharmaceutical Co Tax Rate % Historical Data

The historical data trend for TOWA Pharmaceutical 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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TOWA Pharmaceutical Co Tax Rate % Chart

TOWA Pharmaceutical Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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29.97

25.47

28.46

52.20

33.88

TOWA Pharmaceutical Co 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															50.46	33.47	32.26	33.81	35.08

TOWA Pharmaceutical Co Tax Rate % Calculation

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

TOWA Pharmaceutical Co'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 )
	=	8286	/	24459
	=	33.88 %

TOWA Pharmaceutical 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 )
	=	2332	/	6898
	=	33.81 %

TOWA Pharmaceutical Co Tax Rate % Related Terms

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TOWA Pharmaceutical Co (TSE:4553) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » TOWA Pharmaceutical Co Ltd (TSE:4553) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

6QC:Germany

Address

2-11, Shinbashi-cho, Kadoma, Osaka, JPN, 571-8580

Website

http://www.towayakuhin.co.jp

TOWA Pharmaceutical Co Ltd is a Japan based pharmaceutical company engaged in research and development, production, and marketing of generic drugs. It also provides drug consulting services for patients and their families and relatives. It organizes academic seminars for medical professionals and posts articles in journals. It participates in training for pharmacists. The company has three main plants in operation namely Osaka plant, Okayama plant, and Yamagata plant. Towa has offers more than 500 drugs to meet the diverse therapeutic requirements including lifestyle related diseases such as hypertension and diabetes, digestive system diseases, nervous system diseases and allergic diseases, vitamins and antibiotics.

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