Recoverability Risk Relating to Deferred Tax Assets
First written in FY2024. 1 of 2 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2020: 20 of 62 companies on the "Worse" side.
72 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「If it is determined, based on forecasts and assumptions regarding future taxable income, that some or all deferred tax assets cannot be recovered, the deferred tax assets will be reduced, which may affect the Group’s results.」
The recoverability risk of deferred tax assets and the framework for timely reviews based on business plans and taxable-income forecasts continue to be disclosed. - FY2024First statedAnnual report
「Actual results may differ from the forecasts and assumptions due to deterioration in business conditions, the results of tax audits and other factors. If it is determined, based on forecasts and assumptions regarding future taxable income, that some or all deferred tax assets cannot be recovered, the deferred tax assets will be reduced, which may affect the Group’s results.」
The Group describes a framework for reviewing recoverability in a timely manner in light of changes in business plans and taxable-income forecasts.