Mitachi Co (TSE:3321) Tax Rate % : 30.71% (As of Feb. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Mitachi Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mitachi Co's Tax Expense for the three months ended in Feb. 2024 was 円99 Mil. Mitachi Co's Pre-Tax Income for the three months ended in Feb. 2024 was 円322 Mil. Therefore, Mitachi Co's Tax Rate % for the quarter that ended in Feb. 2024 was 30.71%.

Mitachi Co Tax Rate % Historical Data

The historical data trend for Mitachi 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.

* Premium members only.

Mitachi Co Tax Rate % Chart

Mitachi Co Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Tax Rate %

Get a 7-Day Free Trial

29.96

37.12

34.14

31.22

30.78

Mitachi Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Tax Rate %	Get a 7-Day Free Trial															30.18	33.15	29.79	32.18	30.71

Mitachi Co Tax Rate % Calculation

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

Mitachi Co's Tax Rate % for the fiscal year that ended in May. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: May. 2023 )	/	Pre-Tax Income (A: May. 2023 )
	=	754.804	/	2452.283
	=	30.78 %

Mitachi Co's Tax Rate % for the quarter that ended in Feb. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Feb. 2024 )	/	Pre-Tax Income (Q: Feb. 2024 )
	=	98.858	/	321.923
	=	30.71 %

Mitachi Co Tax Rate % Related Terms

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

Mitachi Co (TSE:3321) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Mitachi Co Ltd (TSE:3321) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

3321:Japan

Address

2-11-28, Iseyama, Naka-ku,, Nagoya-shi, Aichi, JPN, 460-0026

Website

http://www.mitachi.co.jp

Mitachi Co Ltd is engaged in the sale of electronics devices such as semiconductor, LCD, as well as electronics components, and motors for various electronics industries such as car electronics, amusement, industrial equipment, consumer equipment, communication equipment, and so on. It offers various products such as universal integrated circuits (ICs), diodes, transistors, optical semiconductors and system large-scale integration (LSI); liquid crystal products, such as liquid crystal modules; electronic components, including resistors, condensers, switches and electronic printed boards.

Mitachi Co (TSE:3321) Headlines

No Headlines