Application of Tax-Effect Accounting in Connection with the Transition from the Consolidated Taxation System to the Group Aggregation System
First written in FY2021-Q1. 2 of 4 entries say "Restated". Latest entry: FY2023-Q1.
The whole theme swung hardest in 2025: 1 of 12 companies on the "Worse" side.
5 other companies' latest entry also says "Advanced".
- FY2023-Q1AdvancedAnnual report
「The Company and certain domestic consolidated subsidiaries have transitioned from the consolidated taxation system to the group tax-sharing system from the beginning of the first quarter of the current fiscal year.」
The company progressed from preparations for the transition and the associated tax-effect accounting treatment and actually transitioned to the group tax sharing system from the current first-quarter consolidated accounting period. - FY2022-Q1RestatedAnnual report
「The company and certain domestic consolidated subsidiaries are subject to the “Practical Solution on the Application of Tax Effect Accounting for the Transition from the Consolidated Taxation System to the Group Tax Sharing System” with respect to the transition to the group tax sharing system established under the Act Partially Amending the Income Tax Act and Other Acts (Act No. 8 of 2020) and items for which the single-entity taxation system was revised in connection with that transition.」
The company continues to apply the accounting treatment for tax effects associated with the transition from the consolidated taxation system to the group tax sharing system. - FY2021-Q3RestatedAnnual report
「Pursuant to paragraph 3 of the “Practical Solution on the Application of Tax Effect Accounting for the Transition from the Consolidated Taxation System to the Group Tax Sharing System” (Practical Solution Report No. 39, 31 March 2020), the amounts of deferred tax assets and deferred tax liabilities are calculated based on the provisions of the tax laws before their amendment, without applying the provisions of paragraph 44 of the “Implementation Guidance on Accounting Standard for Tax Effect Accounting” (ASBJ Guidance No. 28, 16 February 2018).」
The accounting treatment associated with the transition from the consolidated taxation system to the group tax sharing system continued to be applied. - FY2021-Q1First statedAnnual report
「Pursuant to paragraph 3 of the “Practical Solution on the Application of Tax Effect Accounting for the Transition from the Consolidated Taxation System to the Group Tax Sharing System” (Practical Solution Report No. 39, 31 March 2020), the amounts of deferred tax assets and deferred tax liabilities are calculated based on the provisions of the tax laws before their amendment, without applying the provisions of paragraph 44 of the “Implementation Guidance on Accounting Standard for Tax Effect Accounting” (ASBJ Guidance No. 28, 16 February 2018).」
The company applies the accounting treatment for tax effects associated with the transition from the consolidated taxation system to the group tax sharing system and calculates deferred tax assets and liabilities based on the tax laws before their amendment.