Japan
Employees
195
Total tax contribution
$11,133,109
Taxes borne
$3,788,669
Taxes collected
$7,344,440
-
Third-party revenues
$664,209,915
-
Related-party revenues
$157,786,309
-
Total revenues
$821,996,224
-
Profit before tax
$8,198,520
-
Corporate income tax paid
$1,431,511
-
Corporate income tax accrued
$919,856
-
Stated capital
$22,053,824
-
Accumulated earnings
$28,411,957
-
Tangible assets
$234,719,667
-
Other payments to governments
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Shell's footprint
Shell has been active in Japan's energy industry for more than 120 years. We work with Japanese partners and customers worldwide across our main businesses in Upstream, Integrated Gas, Renewables and Downstream. At the end of 2020, Shell acquired 100% of Shell Lubricants Japan (SLJ), including SLJ's activities at lubricants blending plants in Yokohama and Kobe, and research and development facilities in Atsugi. In 2022, we expanded our power trading business in Japan with the acquisition of Nagaoka Power Generation Limited.
Country financial analysis
The statutory corporate income tax rate in Japan is 30.62%. In 2022, corporate income tax accrued was lower than in 2021 because of reduced taxable income compared with accounting profit, as some losses were carried forward for future years.
Read more in Total tax contribution.
