Recoverability Risk for Deferred Tax Assets
First written in FY2019. 6 of 10 entries say "Worsened", first in FY2022. Latest entry: FY2026.
Wellnet moved to the "Worse" side of this theme in 2020, 5 years before the typical company in this theme (2025).
The whole theme swung hardest in 2026: 10 of 13 companies on the "Worse" side.
8 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The deferred tax asset of ¥85,098 thousand represents the total deferred tax assets of ¥207,763 thousand less the valuation allowance of ¥122,664 thousand for deductible temporary differences.」
The valuation allowance increased from ¥121.129 million in the previous fiscal year to ¥122.664 million, and the review of the recoverability of deferred tax assets remains ongoing. - 2026-09-01WorsenedGeneral Meetings of Shareholders
「The deferred tax asset of ¥85,098 thousand represents the total deferred tax assets of ¥207,763 thousand less the valuation allowance of ¥122,664 thousand for deductible temporary differences.」
The valuation allowance for deferred tax assets increased from ¥121,129 thousand to ¥122,664 thousand, indicating an increase in the allowance relating to recoverability. - FY2025WorsenedAnnual report
「The deferred tax asset of ¥117.723 million represents the total deferred tax assets of ¥238.853 million less a valuation allowance of ¥121.129 million for deductible temporary differences.」
The valuation allowance against deferred tax assets increased from ¥91.470 million in the previous fiscal year to ¥121.129 million, and the review of their recoverability is progressing. - FY2024WorsenedAnnual report
「The deferred tax asset of ¥93.388 million represents the total deferred tax assets of ¥184.859 million less a valuation allowance of ¥91.470 million for deductible temporary differences.」
The valuation allowance increased from ¥89.535 million in the previous fiscal year to ¥91.470 million, and the Company continues to review the recoverability of deferred tax assets. - FY2023WorsenedAnnual report
「The deferred tax asset of ¥104.129 million represents the total deferred tax assets of ¥193.664 million less a valuation allowance of ¥89.535 million for deductible temporary differences.」
The valuation allowance against deferred tax assets increased from ¥68.127 million in the previous fiscal year to ¥89.535 million, and the Company continues to review their recoverability. - FY2023-Q3RestatedAnnual report
「With respect to COVID-19, Japan will move from 8 May 2023 to Category 5, the same classification as seasonal influenza, and signs of a recovery in economic activity have begun to emerge.」
While the impact of COVID-19 continues, the Company has reconfirmed signs of a recovery in economic activity following the move to Category 5. - FY2022WorsenedAnnual report
「The deferred tax asset of ¥115.218 million represents the total deferred tax assets of ¥183.345 million less a valuation allowance of ¥68.127 million for deductible temporary differences.」
The valuation allowance increased from ¥66.308 million in the previous fiscal year to ¥68.127 million. The Company continues to review the valuation of deferred tax assets based on their recoverability. - FY2021MaterialisedAnnual report
「The deferred tax asset of ¥124.856 million represents the total deferred tax assets of ¥191.164 million less a valuation allowance of ¥66.308 million for deductible temporary differences.」
Following a review of the recoverability of deferred tax assets, the Company recorded a valuation allowance of ¥66.308 million. - FY2020ReframedAnnual report
「If the corporate tax rate is reduced, the Company may reduce the amount of deferred tax assets recognized on the balance sheet.」
In addition to the recoverability of deferred tax assets, the Company describes the possibility of reducing the recognized amount following a reduction in the corporate tax rate. - FY2019First statedAnnual report
「However, if the Company determines, after considering future taxable income and other factors, that all or part of the deferred tax assets cannot be recovered in the future, it may record an additional valuation allowance against the deferred tax assets.」
The Company describes the risk of recording an additional valuation allowance against deferred tax assets if they are determined to be unrecoverable based on future taxable income and other factors.