Change to the estimated effective tax rate method for quarterly tax expense
First written in FY2021-Q1. 13 of 14 entries say "Restated". Latest entry: FY2026-H1.
86 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「Income tax expense is calculated by reasonably estimating the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year including the current interim period, and multiplying interim profit before income taxes by that estimated effective tax rate.」
The interim-period method of calculating income tax expense using the estimated effective tax rate continues to be applied. - FY2025-H1RestatedAnnual report
「Income tax expense is calculated by reasonably estimating the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year including the current interim period, and multiplying interim profit before income taxes by that estimated effective tax rate.」
The interim-period method of calculating income tax expense using the estimated effective tax rate continues to be applied. - FY2024-Q3RestatedAnnual report
「Income tax expense is calculated by reasonably estimating the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year, including the current third quarter, and multiplying quarterly profit before income taxes by that estimated effective tax rate.」
The company continues to apply the method of calculating quarterly tax expenses using the estimated effective tax rate. - FY2024-Q2RestatedAnnual report
「Income tax expense is calculated by reasonably estimating the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year, including the current second quarter, and multiplying quarterly profit before income taxes by that estimated effective tax rate.」
The company continues to apply the method of calculating quarterly tax expenses using the estimated effective tax rate. - FY2024-Q1RestatedAnnual report
「Income tax expense is calculated by reasonably estimating the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year including the current first quarter, and multiplying quarterly loss before income taxes by that estimated effective tax rate.」
The company continues to apply the method of calculating quarterly tax expenses using the estimated effective tax rate. - FY2023-Q3RestatedAnnual report
「Income tax expense is calculated by reasonably estimating the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year, including the current third quarter, and multiplying quarterly profit before income taxes by that estimated effective tax rate.」
The company continues to apply the method of calculating quarterly tax expenses using the estimated effective tax rate. - FY2023-Q2RestatedAnnual report
「Income tax expense is calculated by reasonably estimating the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year, including the current second quarter, and multiplying quarterly profit before income taxes by that estimated effective tax rate.」
The company continues to apply the method of calculating quarterly tax expenses using the estimated effective tax rate. - FY2023-Q1RestatedAnnual report
「For income taxes, the Company reasonably estimates the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year including the first-quarter consolidated accounting period, and calculates income taxes by multiplying quarterly profit before income taxes by that estimated effective tax rate.」
The company continues to apply the method of calculating quarterly tax expenses using the estimated effective tax rate. - FY2022-Q3RestatedAnnual report
「Income tax expense is calculated by reasonably estimating the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year, including the current third quarter, and multiplying quarterly profit before income taxes by that estimated effective tax rate.」
The method of calculating quarterly income tax expense using the estimated effective tax rate changed from the first quarter continues to be applied. - FY2022-Q2RestatedAnnual report
「Income tax expense is calculated by reasonably estimating the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year, including the current second quarter, and multiplying quarterly profit before income taxes by that estimated effective tax rate.」
The method of calculating quarterly income tax expense using the estimated effective tax rate changed from the first quarter continues to be applied. - FY2022-Q1RestatedAnnual report
「For income taxes, the Company reasonably estimates the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year including the first-quarter consolidated accounting period, and calculates income taxes by multiplying quarterly profit before income taxes by that estimated effective tax rate.」
The method of calculating quarterly income tax expense using the estimated effective tax rate changed from the first quarter continues to be applied. - FY2021-Q3RestatedAnnual report
「Previously, income tax expense was calculated using the same method as for the annual financial statements. From the first quarter of the current consolidated fiscal year, the Company changed to a method under which it reasonably estimates the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year, and calculates income tax expense by multiplying quarterly profit before income taxes by that estimated effective tax rate.」
The method of calculating quarterly income tax expense using the estimated effective tax rate changed from the first quarter continues to be applied. - FY2021-Q2RestatedAnnual report
「Previously, income tax expense was calculated using the same method as for annual financial statements. However, to further improve the efficiency of the Group's quarterly closing process, from the first quarter of the fiscal year, the method has been changed to reasonably estimate the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year, and calculate income tax expense by multiplying quarterly profit before income taxes by that estimated effective tax rate.」
The method of calculating quarterly income tax expense using the estimated effective tax rate changed from the first quarter continues to be applied. - FY2021-Q1First statedAnnual report
「Previously, tax expenses were calculated using the same method as for annual financial statements. However, to further improve the efficiency of the Group's quarterly closing process, beginning with the first quarter of the current fiscal year, the Group changed to a method of reasonably estimating the effective tax rate after applying tax-effect accounting to pretax net income for the consolidated fiscal year and multiplying pretax quarterly net income by that estimated effective tax rate.」
To improve the efficiency of the quarterly closing process, the Group changed from the first quarter of the current fiscal year to a method of calculating tax expenses using the estimated effective tax rate after applying tax-effect accounting. The impact was immaterial, and no retrospective application was made.