Tax-Effect Accounting Treatment Following the Transition to the Group Tax-Sharing System
First written in FY2021-Q2. 4 of 7 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2025: 1 of 12 companies on the "Worse" side.
71 other companies' latest entry also says "Achieved".
- FY2023AchievedAnnual report
「The Company has transitioned to the separate taxation system from the current consolidated fiscal year.」
The Company implemented the transition from the previous treatment premised on a transition to the group consolidated taxation system to the separate taxation system. - FY2022ReframedAnnual report
「The Company and certain domestic consolidated subsidiaries had previously applied the consolidated taxation system. However, because they filed notifications during the current consolidated fiscal year stating that they would not apply the group consolidated taxation system, they will transition to the separate taxation system from the following consolidated fiscal year.」
The Company changed its policy from the previous treatment premised on a transition to the group consolidated taxation system to a policy of transitioning to the separate taxation system in the following consolidated fiscal year. - FY2022-Q3RestatedAnnual report
「With respect to the transition by the company and certain domestic consolidated subsidiaries to the group aggregation system established under the Act Partially Amending the Income Tax Act and Other Laws (Act No. 8 of 2020), and items for which the standalone taxation system was revised in connection with that transition, we have applied the treatment in Paragraph 3 of the Practical Response Report on the Application of Tax Effect Accounting for the Transition from the Consolidated Taxation System to the Group Aggregation System (Practical Response Report No. 39, dated 31 March 2020). Accordingly, Paragraph 44 of the Implementation Guidance on Tax Effect Accounting has not been applied, and deferred tax assets and liabilities are measured based on the provisions of the tax laws before amendment.」
In connection with the transition to the group consolidated taxation system, the Company continues to apply the method of calculating deferred tax assets and liabilities under the tax laws prior to amendment. - FY2022-Q2RestatedAnnual report
「With respect to the transition by the company and certain domestic consolidated subsidiaries to the group aggregation system established under the Act Partially Amending the Income Tax Act and Other Laws (Act No. 8 of 2020), and items for which the standalone taxation system was revised in connection with that transition, we have applied the treatment in Paragraph 3 of the Practical Response Report on the Application of Tax Effect Accounting for the Transition from the Consolidated Taxation System to the Group Aggregation System (Practical Response Report No. 39, dated 31 March 2020). Accordingly, Paragraph 44 of the Implementation Guidance on Tax Effect Accounting has not been applied, and deferred tax assets and liabilities are measured based on the provisions of the tax laws before amendment.」
In connection with the transition to the group consolidated taxation system, the Company continues to apply the method of calculating deferred tax assets and liabilities under the tax laws prior to amendment. - FY2022-Q1RestatedAnnual report
「With respect to the transition by the company and certain domestic consolidated subsidiaries to the group aggregation system established under the Act Partially Amending the Income Tax Act and Other Laws (Act No. 8 of 2020), and items for which the standalone taxation system was revised in connection with that transition, we have applied the treatment in Paragraph 3 of the Practical Response Report on the Application of Tax Effect Accounting for the Transition from the Consolidated Taxation System to the Group Aggregation System (Practical Response Report No. 39, dated 31 March 2020). Accordingly, Paragraph 44 of the Implementation Guidance on Tax Effect Accounting has not been applied, and deferred tax assets and liabilities are measured based on the provisions of the tax laws before amendment.」
In connection with the transition to the group consolidated taxation system, the Company continues to apply the method of calculating deferred tax assets and liabilities under the tax laws prior to amendment. - FY2021-Q3RestatedAnnual report
「With respect to the transition by the company and certain domestic consolidated subsidiaries to the group aggregation system established under the Act Partially Amending the Income Tax Act and Other Laws (Act No. 8 of 2020), and items for which the standalone taxation system was revised in connection with that transition, we have applied the treatment in Paragraph 3 of the Practical Response Report on the Application of Tax Effect Accounting for the Transition from the Consolidated Taxation System to the Group Aggregation System (Practical Response Report No. 39, dated 31 March 2020). Accordingly, Paragraph 44 of the Implementation Guidance on Tax Effect Accounting has not been applied, and deferred tax assets and liabilities are measured based on the provisions of the tax laws before amendment.」
In connection with the transition to the group consolidated taxation system, the Company continues to apply the method of calculating deferred tax assets and liabilities under the tax laws prior to amendment. - FY2021-Q2First statedAnnual report
「With respect to the transition by the company and certain domestic consolidated subsidiaries to the group aggregation system established under the Act Partially Amending the Income Tax Act and Other Laws (Act No. 8 of 2020), and items for which the standalone taxation system was revised in connection with that transition, we have applied the treatment in Paragraph 3 of the Practical Response Report on the Application of Tax Effect Accounting for the Transition from the Consolidated Taxation System to the Group Aggregation System (Practical Response Report No. 39, dated 31 March 2020). Accordingly, Paragraph 44 of the Implementation Guidance on Tax Effect Accounting has not been applied, and deferred tax assets and liabilities are measured based on the provisions of the tax laws before amendment.」
Regarding tax-effect accounting associated with the transition to the group consolidated taxation system, the Company applies the method of calculating deferred tax assets and liabilities under the tax laws prior to amendment.