Heiwa (TSE:6412) Tax Rate % : 41.20% (As of Dec. 2023)

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What is Heiwa Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Heiwa's Tax Expense for the three months ended in Dec. 2023 was 円2,925 Mil. Heiwa's Pre-Tax Income for the three months ended in Dec. 2023 was 円7,099 Mil. Therefore, Heiwa's Tax Rate % for the quarter that ended in Dec. 2023 was 41.20%.

Heiwa Tax Rate % Historical Data

The historical data trend for Heiwa'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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Heiwa Tax Rate % Chart

Heiwa Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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40.48

33.95

57.37

73.28

22.33

Heiwa Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															23.29	115.32	33.51	37.87	41.20

Heiwa Tax Rate % Calculation

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

Heiwa's Tax Rate % for the fiscal year that ended in Mar. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2023 )	/	Pre-Tax Income (A: Mar. 2023 )
	=	5946	/	26631
	=	22.33 %

Heiwa'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 )
	=	2925	/	7099
	=	41.20 %

Heiwa Tax Rate % Related Terms

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Heiwa (TSE:6412) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Heiwa Corp (TSE:6412) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Chome-16-1 Higashiueno, Taito-ku, Tokyo, JPN, 110-0015

Website

http://www.heiwanet.co.jp

Heiwa Corp is a gambling company involved in the manufacturing and sales of pachinko and pachislot machines. The company operates in two business segments: game machines and golf. The game machine business develops pachinko machines, a gambling device with pinball-like characteristics, which are sold to pachinko parlors throughout Japan. Pachinko parlors allow users to purchase small steel balls, which are utilized in pachinko machines under the objective of winning more balls, which can then be exchanged for prizes. Pachislot machines, which are a similar gambling device with characteristics of pachinko and slot machines, are developed in a similar manner. The company's golf segment operates a number of golf courses. Heiwa generates the vast majority of its revenue in Japan.

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