Sumitomo Rubber Industries (TSE:5110) Tax Rate % : -1.39% (As of Mar. 2024)

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What is Sumitomo Rubber Industries Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sumitomo Rubber Industries's Tax Expense for the three months ended in Mar. 2024 was 円-359 Mil. Sumitomo Rubber Industries's Pre-Tax Income for the three months ended in Mar. 2024 was 円25,862 Mil. Therefore, Sumitomo Rubber Industries's Tax Rate % for the quarter that ended in Mar. 2024 was -1.39%.

Sumitomo Rubber Industries Tax Rate % Historical Data

The historical data trend for Sumitomo Rubber Industries'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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Sumitomo Rubber Industries Tax Rate % Chart

Sumitomo Rubber Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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51.75

22.71

33.01

44.74

38.63

Sumitomo Rubber Industries 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															47.36	71.20	26.59	34.18	-1.39

Sumitomo Rubber Industries Tax Rate % Calculation

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

Sumitomo Rubber Industries's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	24239	/	62745
	=	38.63 %

Sumitomo Rubber Industries's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	-359	/	25862
	=	-1.39 %

Sumitomo Rubber Industries Tax Rate % Related Terms

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Sumitomo Rubber Industries (TSE:5110) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sumitomo Rubber Industries Ltd (TSE:5110) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SMTUF:USA 108:Germany

Address

3-6-9, Wakinohama-cho, Chuo-ku, Hyogo, Kobe, JPN, 651-0072

Website

http://www.srigroup.co.jp

Sumitomo Rubber Industries makes and sells rubber tires, sports equipment, and other products in three segments based on product type. The tire segment, which generates the majority of revenue, sells rubber tires for automobiles and motorcycles under the Dunlop and Falken brand names. The sports segment sells golf, tennis, and fitness equipment under the Srixon, XXIO, Cleveland, and Dunlop brand names. The industrial and other products segment sells rubber parts for printers, artificial turf for sporting use, floor coating materials, portable ramps, gloves, tubes, and valves. More revenue comes from Japan than any other region.

Sumitomo Rubber Industries (TSE:5110) Headlines

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