The Bank of Nagoya (TSE:8522) Tax Rate % : 32.40% (As of Dec. 2023)

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What is The Bank of Nagoya Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. The Bank of Nagoya's Tax Expense for the three months ended in Dec. 2023 was 円1,628 Mil. The Bank of Nagoya's Pre-Tax Income for the three months ended in Dec. 2023 was 円5,025 Mil. Therefore, The Bank of Nagoya's Tax Rate % for the quarter that ended in Dec. 2023 was 32.40%.

The Bank of Nagoya Tax Rate % Historical Data

The historical data trend for The Bank of Nagoya'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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The Bank of Nagoya Tax Rate % Chart

The Bank of Nagoya Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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24.44

30.68

27.28

27.03

30.85

The Bank of Nagoya 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															31.18	28.34	28.72	32.40	33.09

The Bank of Nagoya Tax Rate % Calculation

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

The Bank of Nagoya'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 )
	=	4477	/	14513
	=	30.85 %

The Bank of Nagoya'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 )
	=	1628	/	5025
	=	32.40 %

The Bank of Nagoya Tax Rate % Related Terms

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The Bank of Nagoya (TSE:8522) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » The Bank of Nagoya Ltd (TSE:8522) » Definitions » Tax Rate %

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Address

19-17 Nishiki 3-chome, Naka-ku, Nagoya, JPN, 460-0003

Website

http://www.meigin.com

The Bank of Nagoya Ltd is a Japanese regional bank with an operational presence primarily in Nagoya City and the greater Aichi Prefecture. The bank's reporting segments include banking, leasing, and a credit card business. The company's banking business involves loans and deposits, domestic and foreign exchange transactions, securities investments, trading of trading account securities, and the underwriting and registration of corporate bonds. Its leasing business involves mostly comprehensive finance leasing. A plurality of the bank's income comes from loans, followed by leasing.

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