Nichias (TSE:5393) Tax Rate % : 29.64% (As of Mar. 2024)

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What is Nichias Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nichias's Tax Expense for the three months ended in Mar. 2024 was 円3,077 Mil. Nichias's Pre-Tax Income for the three months ended in Mar. 2024 was 円10,382 Mil. Therefore, Nichias's Tax Rate % for the quarter that ended in Mar. 2024 was 29.64%.

Nichias Tax Rate % Historical Data

The historical data trend for Nichias'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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Nichias Tax Rate % Chart

Nichias Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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30.41

38.47

27.75

30.11

29.34

Nichias 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															35.70	28.63	28.77	30.22	29.64

Nichias Tax Rate % Calculation

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

Nichias'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 )
	=	11251	/	38352
	=	29.34 %

Nichias'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 )
	=	3077	/	10382
	=	29.64 %

Nichias Tax Rate % Related Terms

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Nichias (TSE:5393) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Nichias Corp (TSE:5393) » Definitions » Tax Rate %

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NICFF:USA

Address

6-1, Hatchobori 1-chome, Chuo-ku, Tokyo, JPN, 104-8555

Website

http://www.nichias.co.jp

Nichias Corp is engaged in five businesses, each contributing between roughly 10% and 30% of the company's total revenue. Energy and Industrial Plants, the largest business by sales, provides engineering services and products to energy plant customers that have construction and maintenance needs. Industrial Products provides a wide range of products to the infrastructure industry. Autoparts provides heat-proofing and sound-proofing products to automobile and automobile parts manufacturers. Building Materials supplies and installs fireproof building materials for residences and buildings. Advanced Products, the smallest business, provides components and materials for semiconductors to electronics-related industries. Nearly all the company's sales are in Asia, with more than 80% from Japan.

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