Significant Accounting Estimates Concerning the Recoverability of Deferred Tax Assets
First written in FY2021. . Latest entry: FY2026.
The whole theme swung hardest in 2024: 9 of 21 companies on the "Worse" side.
5 other companies' latest entry also says "Other".
- FY2026Increase in tax loss carryforwards and continued valuation allowanceAnnual report
「Total deferred tax assets — —」
Deferred tax assets continued not to be recognized. Tax loss carryforwards increased from ¥190.591 million in the previous period to ¥250.057 million, and a valuation allowance was recorded for the entire amount. - FY2025Full valuation allowance and elimination of deferred tax assetsAnnual report
「Total deferred tax assets 69,254 —」
Deferred tax assets fell from ¥69.254 million in the previous period to zero in the current period, while the valuation allowance for tax loss carryforwards and other items increased. - FY2025-H1Tax expense arising from reversal of deferred tax assetsAnnual report
「The Company also reversed deferred tax assets, resulting in an interim net loss attributable to owners of the parent of ¥289 million, compared with an interim net income attributable to owners of the parent of ¥43 million in the same period of the previous year.」
The Company recorded ¥69.254 million in deferred income tax expense due to the reversal of deferred tax assets, which contributed to the interim net loss. - FY2024Increase in deferred tax assets and deferred tax liabilitiesAnnual report
「Deferred tax assets ¥69.254 million Deferred tax liabilities ¥300.425 million」
Deferred tax assets increased from ¥28.000 million in the previous period to ¥69.254 million, while deferred tax liabilities increased from ¥207.561 million to ¥300.425 million. Future taxable income, market conditions and energy costs are key assumptions. - FY2023Lower Deferred Tax Assets and Higher Deferred Tax LiabilitiesAnnual report
「Deferred tax assets 71,806 28,000 Deferred tax liabilities 173,964 207,561」
As significant accounting estimates, deferred tax assets decreased from ¥71.806 million in the previous period to ¥28.000 million, while deferred tax liabilities increased from ¥173.964 million to ¥207.561 million. Future taxable income, market conditions and energy costs, among other factors, are key assumptions. - FY2022Update of deferred tax asset and other estimatesAnnual report
「Deferred tax assets ¥79.628 million Deferred tax liabilities ¥184.572 million」
As significant accounting estimates, the Company disclosed deferred tax assets of ¥71.806 million and deferred tax liabilities of ¥173.964 million for the current year, together with assumptions regarding future taxable income, market conditions and changes in raw material prices. - FY2021First statedAnnual report
「Deferred tax assets ¥79.628 million Deferred tax liabilities ¥184.572 million」
With the application of the disclosure standard for accounting estimates, the Company disclosed future taxable income, market conditions and changes in raw material prices, among other factors, as key assumptions regarding the recoverability of deferred tax assets.