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Mitsubishi Chemical Group (TSE:4188) Pretax Margin % : 4.27% (As of Mar. 2024)


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What is Mitsubishi Chemical Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Mitsubishi Chemical Group's Pre-Tax Income for the three months ended in Mar. 2024 was 円48,763 Mil. Mitsubishi Chemical Group's Revenue for the three months ended in Mar. 2024 was 円1,142,078 Mil. Therefore, Mitsubishi Chemical Group's pretax margin for the quarter that ended in Mar. 2024 was 4.27%.

The historical rank and industry rank for Mitsubishi Chemical Group's Pretax Margin % or its related term are showing as below:

TSE:4188' s Pretax Margin % Range Over the Past 10 Years
Min: 1.01   Med: 6.31   Max: 9.24
Current: 5.48


TSE:4188's Pretax Margin % is ranked worse than
50.16% of 1529 companies
in the Chemicals industry
Industry Median: 5.49 vs TSE:4188: 5.48

Mitsubishi Chemical Group Pretax Margin % Historical Data

The historical data trend for Mitsubishi Chemical Group's Pretax Margin % 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.

Mitsubishi Chemical Group Pretax Margin % Chart

Mitsubishi Chemical Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.41 1.01 7.30 3.62 5.48

Mitsubishi Chemical Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.48 6.48 5.63 5.63 4.27

Competitive Comparison of Mitsubishi Chemical Group's Pretax Margin %

For the Specialty Chemicals subindustry, Mitsubishi Chemical Group's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mitsubishi Chemical Group's Pretax Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mitsubishi Chemical Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Mitsubishi Chemical Group's Pretax Margin % falls into.



Mitsubishi Chemical Group Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Mitsubishi Chemical Group's Pretax Margin for the fiscal year that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=240547/4387218
=5.48 %

Mitsubishi Chemical Group's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=48763/1142078
=4.27 %

* 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.


Mitsubishi Chemical Group  (TSE:4188) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Mitsubishi Chemical Group Pretax Margin % Related Terms

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Mitsubishi Chemical Group (TSE:4188) Business Description

Traded in Other Exchanges
Address
1-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8251
Mitsubishi Chemical Group Corp is a holdings company, which manufactures and sells chemicals, plastics, and pharmaceuticals. It organizes itself into three segments based on product. The Industrial Materials segment, which generates the majority of revenue, sells chemicals and polymers, including industrial gases, petrochemicals, thermoplastics, polyethylene, and polypropylene. The Performance Products segment sells electronics and designed materials, including LED lighting and equipment, specialty chemicals, polyester and industrial films, and fibers. The Health Care segment sells pharmaceuticals to treat autoimmune diseases, diabetes and kidney diseases, central nervous system treatments, and vaccines. The majority of revenue comes from Japan.

Mitsubishi Chemical Group (TSE:4188) Headlines

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