Iwatani (TSE:8088) Tax Rate % : 32.39% (As of Dec. 2023)

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What is Iwatani Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Iwatani's Tax Expense for the three months ended in Dec. 2023 was 円5,864 Mil. Iwatani's Pre-Tax Income for the three months ended in Dec. 2023 was 円18,106 Mil. Therefore, Iwatani's Tax Rate % for the quarter that ended in Dec. 2023 was 32.39%.

Iwatani Tax Rate % Historical Data

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

Iwatani Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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32.22

31.58

32.53

29.80

28.06

Iwatani 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															28.29	33.32	36.53	32.39	21.17

Iwatani Tax Rate % Calculation

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

Iwatani'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 )
	=	18856	/	67210
	=	28.06 %

Iwatani'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 )
	=	5864	/	18106
	=	32.39 %

Iwatani Tax Rate % Related Terms

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Iwatani (TSE:8088) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Iwatani Corp (TSE:8088) » Definitions » Tax Rate %

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Traded in Other Exchanges

IWTNF:USA IWA:Germany

Address

6-4, Hommachi 3-chome, Chuo-ku, Osaka, JPN, 541-0053

Website

http://www.iwatani.co.jp

Iwatani Corp is a Japanese conglomerate involved in a variety of energy, industrial, and food services activities. Iwatani segments its operations into Energy, Industrial Gases and Machinery, Materials, and Agri-bio and Foods businesses. The company derives the majority of its revenue from its Energy division. In this unit, Iwatani supplies LPG and petroleum products for household, commercial, and industrial use. The company's Industrial Gases & Machinery and Materials divisions are also responsible for significant income streams. These segments supply high-pressure gases, such as hydrogen and nitrogen, and rare earth metals used in the manufacturing of technology products, respectively. The vast majority of Iwatani's revenue comes from its operations in Japan.

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