Miyazaki Bank (TSE:8393) Tax Rate % : 25.08% (As of Dec. 2023)

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What is Miyazaki Bank Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Miyazaki Bank's Tax Expense for the three months ended in Dec. 2023 was 円703 Mil. Miyazaki Bank's Pre-Tax Income for the three months ended in Dec. 2023 was 円2,803 Mil. Therefore, Miyazaki Bank's Tax Rate % for the quarter that ended in Dec. 2023 was 25.08%.

Miyazaki Bank Tax Rate % Historical Data

The historical data trend for Miyazaki Bank'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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Miyazaki Bank Tax Rate % Chart

Miyazaki Bank Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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29.15

33.61

33.47

34.86

31.11

Miyazaki Bank 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															17.88	162.23	23.83	32.80	25.08

Miyazaki Bank Tax Rate % Calculation

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

Miyazaki Bank'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 )
	=	3670	/	11797
	=	31.11 %

Miyazaki Bank'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 )
	=	703	/	2803
	=	25.08 %

Miyazaki Bank Tax Rate % Related Terms

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Miyazaki Bank (TSE:8393) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Miyazaki Bank Ltd (TSE:8393) » Definitions » Tax Rate %

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Traded in Other Exchanges

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Address

4-3-5, Tachibanadori-Higashi, Miyazaki, JPN, 880-0805

Website

http://www.miyagin.co.jp

Miyazaki Bank Ltd is a regional bank based in Miyazaki and Kagoshima engaged in general retail banking and related financial services, such as leasing, credit guarantee, and credit card businesses. It offers financial services such as deposit services, loan businesses, domestic exchange businesses, foreign exchange businesses, and other related services. The company also provides financial services such as leasing, letters of credit among others.

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