Recoverability of deferred tax assets
First written in FY2017. 22 of 24 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
「No new business or other risks arose during the current interim consolidated accounting period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new risks or significant changes to existing risks, including the risk concerning the recoverability of deferred tax assets. - FY2024Narrowing the definitive language regarding recoverabilityAnnual report
「The Group recognizes deferred tax assets based on forecasts of future taxable income and other factors. However, if it determines that some of the assets may be difficult to recover due to changes in estimated future taxable income or other factors, this could affect the Group’s financial results.」
The wording has changed from the previous expression, “we determine that the assets are fully recoverable,” to a statement that the assets are recognized based on forecasts of taxable income and other factors. - FY2024-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new risks or significant changes to existing business and other risks, including the recoverability of deferred tax assets. - FY2024-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the second quarter. Nor were there any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new risks or significant changes to existing business and other risks, including the recoverability of deferred tax assets. - FY2024-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new risks or significant changes to existing business and other risks, including the recoverability of deferred tax assets. - FY2023-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new risks or significant changes to existing business and other risks, including the recoverability of deferred tax assets. - FY2023-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new risks or significant changes to existing business and other risks, including the recoverability of deferred tax assets. - FY2022-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new risks or significant changes to existing business and other risks, including the recoverability of deferred tax assets. - FY2022-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new risks or significant changes to existing business and other risks, including the recoverability of deferred tax assets. - FY2022-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new risks or significant changes to existing business and other risks, including the recoverability of deferred tax assets. - FY2021-Q2RestatedAnnual report
「The company adds the following to the business and other risks described in the previous fiscal year’s securities report.」
No significant changes have been indicated regarding the existing risk concerning the recoverability of deferred tax assets. - FY2021-Q1RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the first quarter. Nor were there any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company explicitly states that there have been no new risks or significant changes to existing business and other risks, including the recoverability of deferred tax assets. - FY2020RestatedAnnual report
「The company determines that deferred tax assets are fully recoverable through future taxable income. However, if it determines that some of the assets may be difficult to recover due to changes in estimated future taxable income or other factors, this could affect the Group’s financial results.」
While the company determines that deferred tax assets are fully recoverable, it reiterates the risk that changes in estimated future taxable income could make some of them difficult to recover. - FY2020-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company explicitly states that there have been no new risks or significant changes to existing business and other risks, including the recoverability of deferred tax assets. - FY2020-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company explicitly states that there have been no new risks or significant changes to existing business and other risks, including the recoverability of deferred tax assets. - FY2020-Q1RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the first quarter. Nor were there any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company explicitly states that there have been no new risks or significant changes to existing business and other risks, including the recoverability of deferred tax assets. - FY2019RestatedAnnual report
「The company determines that deferred tax assets are fully recoverable through future taxable income. However, if it determines that some of the assets may be difficult to recover due to changes in estimated future taxable income or other factors, this could affect the Group’s financial results.」
While the company determines that deferred tax assets are fully recoverable, it reiterates the risk that changes in estimated future taxable income could make some of them difficult to recover. - FY2019-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company explicitly states that there have been no new risks or significant changes to existing business and other risks, including the risk concerning the recoverability of deferred tax assets. - FY2019-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the second quarter. Nor were there any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company explicitly states that there have been no new risks or significant changes to existing business and other risks, including the risk concerning the recoverability of deferred tax assets. - FY2019-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company explicitly states that there have been no new risks or significant changes to existing business and other risks, including the risk concerning the recoverability of deferred tax assets. - FY2018RestatedAnnual report
「The company determines that deferred tax assets are fully recoverable through future taxable income. However, if it determines that some of the assets may be difficult to recover due to changes in estimated future taxable income or other factors, this could affect the Group’s financial results.」
While the company determines that deferred tax assets are fully recoverable, it reiterates the risk that changes in estimated future taxable income could make some of them difficult to recover. - FY2018-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company explicitly states that there have been no significant changes to the risks disclosed in the previous fiscal year, including the risk concerning the recoverability of deferred tax assets. - FY2018-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the second quarter. Nor were there any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company explicitly states that there have been no significant changes to the risks disclosed in the previous fiscal year, including the risk concerning the recoverability of deferred tax assets. - FY2017First statedAnnual report
「The company determines that deferred tax assets are fully recoverable through future taxable income. However, if it determines that some of the assets may be difficult to recover due to changes in estimated future taxable income or other factors, this could affect the Group’s financial results.」
While the company determines that deferred tax assets are fully recoverable, it identifies the risk that changes in estimated future taxable income could make some of them difficult to recover.