Recoverability Risk for Deferred Tax Assets
First written in FY2021. 6 of 7 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2024: 7 of 28 companies on the "Worse" side.
29 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company explains that there have been no material changes to its existing business and other risks, including the recoverability risk of deferred tax assets. - FY2023-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that there have been no material changes to its existing business and other risks, including the recoverability risk of deferred tax assets. - FY2023-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that there have been no material changes to its existing business and other risks, including the recoverability risk of deferred tax assets. - FY2022-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that there have been no material changes to its existing business and other risks, including the recoverability risk of deferred tax assets. - FY2022-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that there have been no material changes to its existing business and other risks, including the recoverability risk of deferred tax assets. - FY2022-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that there have been no material changes to its existing business and other risks, including the recoverability risk of deferred tax assets. - FY2021First statedAnnual report
「If we determine, based on estimates of future taxable income, that some or all of our deferred tax assets cannot be recovered, or if changes in tax制度 such as corporate tax reductions cause the amount of deferred tax assets to become excessive, the deferred tax assets may be recognized as an expense, which could adversely affect business performance and financial position.」
The risk that deferred tax assets may become unrecoverable due to estimates of future taxable income or changes in tax制度 was disclosed as an independent business risk for the first time.