Daito Pharmaceutical Co (TSE:4577) Tax Rate % : 31.02% (As of Feb. 2024)

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What is Daito Pharmaceutical Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Daito Pharmaceutical Co's Tax Expense for the three months ended in Feb. 2024 was 円349 Mil. Daito Pharmaceutical Co's Pre-Tax Income for the three months ended in Feb. 2024 was 円1,125 Mil. Therefore, Daito Pharmaceutical Co's Tax Rate % for the quarter that ended in Feb. 2024 was 31.02%.

Daito Pharmaceutical Co Tax Rate % Historical Data

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

Daito Pharmaceutical Co Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Tax Rate %

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24.30

29.85

29.22

31.13

30.52

Daito Pharmaceutical Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Tax Rate %	Get a 7-Day Free Trial															30.60	16.02	39.29	32.05	31.02

Daito Pharmaceutical Co Tax Rate % Calculation

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

Daito Pharmaceutical Co's Tax Rate % for the fiscal year that ended in May. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: May. 2023 )	/	Pre-Tax Income (A: May. 2023 )
	=	1549	/	5076
	=	30.52 %

Daito Pharmaceutical Co's Tax Rate % for the quarter that ended in Feb. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Feb. 2024 )	/	Pre-Tax Income (Q: Feb. 2024 )
	=	349	/	1125
	=	31.02 %

Daito Pharmaceutical Co Tax Rate % Related Terms

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Daito Pharmaceutical Co (TSE:4577) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Daito Pharmaceutical Co Ltd (TSE:4577) » Definitions » Tax Rate %

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Traded in Other Exchanges

N/A

Address

326 Yokamachi, Toyama, JPN, 939-8567

Website

http://www.daitonet.co.jp

Daito Pharmaceutical Co Ltd is engaged in the research and development of pharmaceutical products. The company also undertakes contract manufacturing.

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