Tax Burden from Continued Losses and the Utilization or Expiration of Tax Loss Carryforwards
First written in FY2024. 4 of 6 entries say "Mitigated", first in FY2025-H1. Latest entry: FY2026.
The whole theme swung hardest in 2026: 28 of 57 companies on the "Worse" side.
19 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Net income attributable to owners of the parent was ¥308,811 thousand, up 92.8% year on year.」
Full-year profitability continued, and tax loss carryforwards also declined from ¥633.618 million to ¥557.689 million. While the risk of continued losses has eased, the risk of a tax burden arising from the elimination of tax loss carryforwards remains. - 2026-08-13MitigatedRevision of earnings forecasts
「Based on the outlook for business trends and taxable income for the fiscal year ending June 2026 and beyond at the Company and its consolidated subsidiaries, the Company examined the recoverability of deferred tax assets and recorded ¥95 million in income taxes adjustment as a profit in the fourth-quarter consolidated accounting period of the fiscal year ending June 2026 for the portion expected to be recoverable.」
The Company recognized deferred tax assets based on the outlook for taxable income, reducing the current-year tax burden. The possibility of reversing deferred tax assets was stated separately. - FY2026-H1MaterialisedAnnual report
「The interim net loss attributable to owners of the parent for the current interim consolidated accounting period was ¥54.518 million.」
Following the return to full-year profitability in the previous fiscal year, the Group recorded an interim net loss for the current interim consolidated accounting period. This filing does not indicate continued full-year profitability. - FY2025MitigatedAnnual report
「The Group posted a profit for the fiscal year ended June 2025.」
Recurring losses have been eliminated, but ¥633.618 million in tax loss carryforwards remains, and the risk of a future tax burden upon their utilization or expiration continues. - FY2025-H1MitigatedAnnual report
「Interim net income attributable to owners of the parent (thousand yen) 34,928」
The risk of recurring losses was partially mitigated because the Group recorded interim net income for the current interim consolidated accounting period, following recurring net losses through FY2024. However, the filing does not indicate that this has been resolved for the full year. - FY2024MaterialisedAnnual report
「The Group has reported net losses for each fiscal year through the fiscal year ended June 2024 due to upfront investments, including hiring development and sales personnel for business expansion and activities to increase awareness.」
Net loss was ¥121.571 million. The Group has ¥633.511 million in tax loss carryforwards and identifies the potential increase in corporate taxes and other taxes when they are utilized or expire as a risk.