Tsubakimoto Chain Co (TSE:6371) Tax Rate % : 27.83% (As of Dec. 2023)

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What is Tsubakimoto Chain Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Tsubakimoto Chain Co's Tax Expense for the three months ended in Dec. 2023 was 円1,808 Mil. Tsubakimoto Chain Co's Pre-Tax Income for the three months ended in Dec. 2023 was 円6,496 Mil. Therefore, Tsubakimoto Chain Co's Tax Rate % for the quarter that ended in Dec. 2023 was 27.83%.

Tsubakimoto Chain Co Tax Rate % Historical Data

The historical data trend for Tsubakimoto Chain 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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Tsubakimoto Chain Co Tax Rate % Chart

Tsubakimoto Chain Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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30.48

27.77

26.98

24.21

28.12

Tsubakimoto Chain 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															0.07	35.47	29.78	27.83	22.95

Tsubakimoto Chain Co Tax Rate % Calculation

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

Tsubakimoto Chain 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 )
	=	7282	/	25894
	=	28.12 %

Tsubakimoto Chain 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 )
	=	1808	/	6496
	=	27.83 %

Tsubakimoto Chain Co Tax Rate % Related Terms

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Tsubakimoto Chain Co (TSE:6371) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tsubakimoto Chain Co (TSE:6371) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

TSB:Germany

Address

Nakanoshima Mitsui Building, 6F, 3-3-3, Nakanoshima, Kita-ku, Osaka, JPN, 530-0005

Website

http://www.tsubakimoto.jp

Tsubakimoto Chain Co. is a Japan-based company that is engaged in manufacturing and sales of various variable speed drives, handling equipment and other related products and services. The company operates through four divisions. The Chain operation supplies chain products, including drive chains and conveyor chains. The Automotive Parts operation provides automotive timing drive systems, timing belts, long belts and others. The Power Transmission Unites and Component operation provides reducers, variable speed drives, motion control units and others. The Materials Handling Systems operation supplies sorting systems, conveyance systems, storage and picking systems and others. The company generates most of its revenue from Japan, America and Europe.

Tsubakimoto Chain Co (TSE:6371) Headlines

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