Tsubota Laboratory (TSE:4890) Tax Rate % : -21.01% (As of Dec. 2023)

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What is Tsubota Laboratory Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Tsubota Laboratory's Tax Expense for the three months ended in Dec. 2023 was 円114.9 Mil. Tsubota Laboratory's Pre-Tax Income for the three months ended in Dec. 2023 was 円-547.1 Mil. Therefore, Tsubota Laboratory's Tax Rate % for the quarter that ended in Dec. 2023 was -21.01%.

Tsubota Laboratory Tax Rate % Historical Data

The historical data trend for Tsubota Laboratory'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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Tsubota Laboratory Tax Rate % Chart

Tsubota Laboratory Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

18.24

21.20

24.23

37.47

-0.78

Tsubota Laboratory Quarterly Data
	Mar20	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial							23.95	27.29	27.33	-21.01	0.08

Tsubota Laboratory Tax Rate % Calculation

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

Tsubota Laboratory'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 )
	=	4.946	/	-636.371
	=	-0.78 %

Tsubota Laboratory'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 )
	=	114.938	/	-547.14
	=	-21.01 %

Tsubota Laboratory Tax Rate % Related Terms

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Tsubota Laboratory (TSE:4890) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Tsubota Laboratory Inc (TSE:4890) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

34 Shinanomachi, 304 Toshin Shinanomachi-ekimae Building, Shinjuku-ku, Tokyo, JPN, 160-0016

Website

https://tsubota-lab.com

Tsubota Laboratory Inc is engaged in the research and development of pharmaceuticals and medical devices for the treatment of myopia, dry eyes, and presbyopia.

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