Recoverability of Deferred Tax Assets and Partial Reversal and Reduction
First written in FY2020. 5 of 8 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2026: 5 of 22 companies on the "Worse" side.
65 other companies' latest entry also says "Dropped".
- FY2024DroppedAnnual reportThis filing contains no specific disclosure concerning the recoverability of deferred tax assets or accounting estimates based on COVID-19.
- FY2022-Q3RestatedAnnual report
「There have been no material changes in the assumptions underlying the accounting estimates concerning the impact of the spread of COVID-19 described under “Significant Accounting Estimates” in the securities report for the previous fiscal year. However, estimates may differ depending on the status of COVID-19 infections and its impact on economic and corporate activities, potentially having a material impact on the financial statements.」
While stating that there were no material changes in the assumptions underlying accounting estimates related to COVID-19, reiterated that the financial statements could be materially affected depending on the circumstances. - FY2022-Q2RestatedAnnual report
「There have been no material changes in the assumptions underlying the accounting estimates concerning the impact of the spread of COVID-19 described under “Significant Accounting Estimates” in the securities report for the previous fiscal year. However, estimates may differ depending on the status of COVID-19 infections and its impact on economic and corporate activities, potentially having a material impact on the financial statements.」
While stating that there were no material changes in the assumptions underlying accounting estimates related to COVID-19, reiterated that the financial statements could be materially affected depending on the circumstances. - FY2022-Q1RestatedAnnual report
「There have been no material changes in the assumptions underlying the accounting estimates concerning the impact of the spread of COVID-19 described under “Significant Accounting Estimates” in the securities report for the previous fiscal year. However, estimates may differ depending on the status of COVID-19 infections and its impact on economic and corporate activities, potentially having a material impact on the financial statements.」
While stating that there were no material changes in the assumptions underlying accounting estimates related to COVID-19, reiterated that the financial statements could be materially affected depending on the circumstances. - FY2021MaterialisedAnnual report
「This was mainly because, after conservatively reviewing taxable income from the fiscal year ending March 2022 onward in light of the impact of COVID-19, we wrote down all deferred tax assets and recorded ¥57.153 million in income taxes adjustments.」
Following the partial write-down in the previous fiscal year, all deferred tax assets were written down and ¥57.153 million in income taxes adjustments was recorded. - FY2021-Q3RestatedAnnual report
「There have been no material changes in the assumptions underlying the accounting estimates concerning the impact of the spread of COVID-19 described in the additional information in the securities report for the previous fiscal year. However, estimates may differ depending on the status of COVID-19 infections and its impact on economic and corporate activities, potentially having a material impact on the financial statements.」
While stating that there were no material changes in the assumptions underlying accounting estimates related to COVID-19, reiterated that the financial statements could be materially affected by the status of infections and their impact on economic and corporate activities. - FY2021-Q2RestatedAnnual report
「There have been no material changes in the assumptions underlying the accounting estimates concerning the impact of the spread of COVID-19 described in the additional information in the securities report for the previous fiscal year. However, estimates may differ depending on the status of COVID-19 infections and its impact on economic and corporate activities, potentially having a material impact on the financial statements.」
While stating that there were no material changes in the assumptions underlying accounting estimates related to COVID-19, reiterated that the financial statements could be materially affected depending on the status of infections and the impact on economic and corporate activities. - FY2020First statedAnnual report
「This was mainly because, after conservatively reviewing taxable income from the fiscal year ending March 2021 onward in light of the impact of COVID-19, we wrote down a portion of deferred tax assets and recorded ¥19.060 million in income taxes adjustments.」
For the first time, separately disclosed the risk of a reduction in deferred tax assets due to lower future taxable income, and actually recorded a ¥19.060 million partial write-down in light of COVID-19. Deferred tax assets at fiscal year-end stood at ¥57.153 million.