Adoption of Revised Tax Effect Accounting Standards and Change in Presentation of Deferred Tax Assets
First written in FY2019-Q1. 2 of 3 entries say "Restated". Latest entry: FY2019-Q3.
The whole theme swung hardest in 2024: 3 of 9 companies on the "Worse" side.
155 other companies' latest entry also says "Restated".
- FY2019-Q3RestatedAnnual report
「From the beginning of the first-quarter accounting period, we applied the partial amendment to the Accounting Standard for Tax Effect Accounting, Accounting Standard No. 28 dated 16 February 2018, and other applicable standards. Deferred tax assets are presented under investments and other assets, while deferred tax liabilities are presented under non-current liabilities.」
The company reiterates the adoption of the amended standards and other requirements relating to tax-effect accounting and the change in the presentation classification of deferred tax assets and liabilities. - FY2019-Q2RestatedAnnual report
「From the beginning of the first-quarter accounting period, we applied the partial amendment to the Accounting Standard for Tax Effect Accounting, Accounting Standard No. 28 dated 16 February 2018, and other applicable standards. Deferred tax assets are presented under investments and other assets, while deferred tax liabilities are presented under non-current liabilities.」
The company reiterates that the amended standards and other requirements relating to tax-effect accounting were applied from the beginning of the fiscal year and that the presentation classification of deferred tax assets and liabilities was changed. - FY2019-Q1First statedAnnual report
「We have applied the Partial Amendments to Accounting Standard for Tax Effect Accounting (Accounting Standard No. 28, 16 February 2018) and other standards from the beginning of the first quarter accounting period. Deferred tax assets are presented under investments and other assets, while deferred tax liabilities are presented under non-current liabilities.」
This is the first disclosure that the amended standards and other requirements relating to tax-effect accounting were applied from the beginning of the first quarter of the current fiscal year, and that the presentation classification of deferred tax assets and liabilities was changed.