Recoverability Risk for Deferred Tax Assets
First written in FY2018. 1 of 2 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2024: 8 of 34 companies on the "Worse" side.
39 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「Deferred tax assets are recognized after assessing their recoverability based on forecasts of future taxable income and other factors. If future taxable income differs from the forecasts and a reassessment of recoverability becomes necessary, or if tax laws are amended, including changes in tax rates, the deferred tax assets may need to be revised, which could affect the operating results and financial position of our group.」
The risk of revisions to deferred tax assets arising from differences between projected and actual future taxable income or from tax law amendments has been disclosed again. - FY2018First statedAnnual report
「Deferred tax assets are recognized after assessing their recoverability based on forecasts of future taxable income and other factors. If future taxable income differs from the forecasts and a reassessment of recoverability becomes necessary, or if tax laws are amended, including changes in tax rates, the deferred tax assets may need to be revised, which could affect the operating results and financial position of our group.」
The risk of revisions to deferred tax assets arising from differences between projected and actual future taxable income or from tax law amendments has been newly disclosed.