Mitsubishi Motors (TSE:7211) Tax Rate % : 18.74% (As of Dec. 2023)

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What is Mitsubishi Motors Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mitsubishi Motors's Tax Expense for the three months ended in Dec. 2023 was 円8,530 Mil. Mitsubishi Motors's Pre-Tax Income for the three months ended in Dec. 2023 was 円45,517 Mil. Therefore, Mitsubishi Motors's Tax Rate % for the quarter that ended in Dec. 2023 was 18.74%.

Mitsubishi Motors Tax Rate % Historical Data

The historical data trend for Mitsubishi Motors'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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Mitsubishi Motors Tax Rate % Chart

Mitsubishi Motors Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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680.27

-3.73

16.41

-4.90

11.21

Mitsubishi Motors 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															-644.37	21.48	36.33	18.74	-31.94

Mitsubishi Motors Tax Rate % Calculation

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

Mitsubishi Motors'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 )
	=	20270	/	180832
	=	11.21 %

Mitsubishi Motors'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 )
	=	8530	/	45517
	=	18.74 %

Mitsubishi Motors Tax Rate % Related Terms

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Mitsubishi Motors (TSE:7211) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Mitsubishi Motors Corp (TSE:7211) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

MMTOF:USA MMO:Germany

Address

5-33-8, Shiba, Minato - ku, Tokyo, JPN, 108-8410

Website

http://www.mitsubishi-motors.co.jp

Mitsubishi Motors is a Japanese automobile manufacturer. The company principally produces small passenger vehicles, electric and hybrid vehicles, and sport utility vehicles, or SUVs. Mitsubishi Motors is organised into two business segments: automobile business and automobile financing business. The company derives the vast majority of company revenue from the automotive business. Geographically, the company is separated into five regions: Japan, North America, Europe, Asia (excluding Japan), and other. With more than half of its products manufactures in Japan where it also generates the majority of its consolidated revenue, followed by Asia, and North America.

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