Suminoe Textile Co (TSE:3501) Tax Rate % : 42.24% (As of Feb. 2024)

View and export this data going back to 1990. Start your Free Trial

What is Suminoe Textile Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Suminoe Textile Co's Tax Expense for the three months ended in Feb. 2024 was 円359 Mil. Suminoe Textile Co's Pre-Tax Income for the three months ended in Feb. 2024 was 円850 Mil. Therefore, Suminoe Textile Co's Tax Rate % for the quarter that ended in Feb. 2024 was 42.24%.

Suminoe Textile Co Tax Rate % Historical Data

The historical data trend for Suminoe Textile 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.

Suminoe Textile Co Tax Rate % Chart

Suminoe Textile Co Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Tax Rate %

Get a 7-Day Free Trial

42.18

66.77

53.46

53.50

45.69

Suminoe Textile 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															58.27	3.80	32.97	37.26	42.24

Suminoe Textile Co Tax Rate % Calculation

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

Suminoe Textile 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 )
	=	662	/	1449
	=	45.69 %

Suminoe Textile 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 )
	=	359	/	850
	=	42.24 %

Suminoe Textile Co Tax Rate % Related Terms

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

Suminoe Textile Co (TSE:3501) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Suminoe Textile Co Ltd (TSE:3501) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-11-20, Minamisenba, Chuo-ku, Osaka, JPN, 542-8504

Website

http://www.suminoe.jp

Suminoe Textile Co Ltd is a textile company based in Japan. The company is engaged in the following business segment which includes Interior Fittings; Automotive Textiles and Traffic Facilities; Functional Materials and Others. It generates maximum revenue from the Automotive Textiles and Traffic Facilities segment. Geographically, it derives a majority of revenue from Japan and also has a presence in North and Central America; Asia and other Countries.

Suminoe Textile Co (TSE:3501) Headlines

No Headlines