Nissin Foods Holdings Co (TSE:2897) Tax Rate % : 24.97% (As of Dec. 2023)

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What is Nissin Foods Holdings Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nissin Foods Holdings Co's Tax Expense for the three months ended in Dec. 2023 was 円6,100 Mil. Nissin Foods Holdings Co's Pre-Tax Income for the three months ended in Dec. 2023 was 円24,425 Mil. Therefore, Nissin Foods Holdings Co's Tax Rate % for the quarter that ended in Dec. 2023 was 24.97%.

Nissin Foods Holdings Co Tax Rate % Historical Data

The historical data trend for Nissin Foods Holdings Co'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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Nissin Foods Holdings Co Tax Rate % Chart

Nissin Foods Holdings Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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27.03

22.93

22.22

16.51

23.66

Nissin Foods Holdings Co 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															-47.81	31.05	21.99	24.97	-1.91

Nissin Foods Holdings Co Tax Rate % Calculation

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

Nissin Foods Holdings Co'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 )
	=	18197	/	76915
	=	23.66 %

Nissin Foods Holdings Co'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 )
	=	6100	/	24425
	=	24.97 %

Nissin Foods Holdings Co Tax Rate % Related Terms

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Nissin Foods Holdings Co (TSE:2897) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nissin Foods Holdings Co Ltd (TSE:2897) » Definitions » Tax Rate %

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Address

1-1, 4-chome, Nishinakajima, Yodogawa-ku, Osaka, JPN, 532-8524

Website

https://www.nissin.com/en_jp

Nissin Foods is Japan's largest instant noodle manufacturer and was the first in the world to invent and launch instant noodles. It also invented the first instant noodle product in cup containers. Cup Noodles is its global brand, marketed in Asia, the Americas, and Europe. Instant noodles account for more than three fourths of group sales and 80% of operating profits, while Japan remains the key contributor, representing roughly 75% of group sales and 85% of profits. Other products include frozen/chilled noodles, confectionery, and lactic acid drinks.

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