Adoption of Accounting Standards for Income Taxes
First written in FY2025-H1. 1 of 2 entries say "Achieved", first in FY2025. Latest entry: FY2025.
65 other companies' latest entry also says "Achieved".
- FY2025AchievedAnnual report
「We have applied the "Accounting Standard for Accounting for Income Taxes, Inhabitant Taxes and Enterprise Taxes" (Accounting Standards Board of Japan Statement No. 27, dated 28 October 2022; hereinafter, the "2022 Revised Accounting Standard") and other standards from the beginning of the current consolidated fiscal year.」
The company has applied the revised accounting standards and other guidance concerning current income taxes and other taxes from the beginning of the consolidated accounting year for FY2025 and is following the transitional treatment. - FY2025-H1First statedAnnual report
「The company has applied the Accounting Standard for Current Income Taxes, Residents' Taxes and Enterprise Taxes (ASBJ Statement No. 27, 28 October 2022; hereinafter, the “2022 Revised Accounting Standard”) and other standards from the beginning of the interim consolidated accounting period. For the revisions concerning the presentation of current income taxes and other taxes, including taxes on other comprehensive income, the company has followed the transitional treatment prescribed in the proviso to Paragraph 20-3 of the 2022 Revised Accounting Standard and the transitional treatment prescribed in the proviso to Paragraph 65-2 (2) of the Guidance on Accounting Standard for Tax Effect Accounting (ASBJ Guidance No. 28, 28 October 2022; hereinafter, the “2022 Revised Guidance”). The change in accounting policy has no impact on the interim consolidated financial statements.」
The company has applied the accounting standard and implementation guidance concerning the presentation of current income taxes and other taxes from the beginning of the interim consolidated accounting period starting 1 April 2024. It states that, under the transitional treatment, there is no impact on the financial statements.