Harmonic Drive Systems (TSE:6324) Tax Rate % : -74.85% (As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Harmonic Drive Systems Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Harmonic Drive Systems's Tax Expense for the three months ended in Dec. 2023 was 円306 Mil. Harmonic Drive Systems's Pre-Tax Income for the three months ended in Dec. 2023 was 円-409 Mil. Therefore, Harmonic Drive Systems's Tax Rate % for the quarter that ended in Dec. 2023 was -74.85%.

Harmonic Drive Systems Tax Rate % Historical Data

The historical data trend for Harmonic Drive Systems'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.

* Premium members only.

Harmonic Drive Systems Tax Rate % Chart

Harmonic Drive Systems Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

Get a 7-Day Free Trial

27.42

-548.35

45.69

25.46

25.49

Harmonic Drive Systems 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															31.64	2.62	79.14	-54.92	-74.85

Harmonic Drive Systems Tax Rate % Calculation

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

Harmonic Drive Systems'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 )
	=	2598.688	/	10194.617
	=	25.49 %

Harmonic Drive Systems'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 )
	=	306.114	/	-408.944
	=	-74.85 %

Harmonic Drive Systems Tax Rate % Related Terms

Thank you for viewing the detailed overview of Harmonic Drive Systems's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Harmonic Drive Systems (TSE:6324) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Harmonic Drive Systems Inc (TSE:6324) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

HSYDF:USA K3R:Germany K3R:Germany

Address

6-25-3 Minami-Oi, Shinagawa-ku, Tokyo, JPN, 140-0013

Website

http://www.hds.co.jp

Harmonic Drive Systems manufactures and sells high-precision reduction gears (speed reducers) under the Harmonic Drive brand as well as other mechatronics products such as rotary actuators, linear actuators, and AC servo motors. The company also provides planetary-gear speed reducers under the AccuDrive and Harmonic Planetary brands. Its products are used in industrial robots, semiconductor production equipment, and other high-precision equipment. HDS was founded in 1970 and is headquartered in Tokyo.

Harmonic Drive Systems (TSE:6324) Headlines

No Headlines