Change in the Method for Calculating Tax Expense in Quarterly Results
First written in FY2024-Q1. 1 of 2 entries say "Restated". Latest entry: FY2024-Q2.
84 other companies' latest entry also says "Restated".
- FY2024-Q2RestatedAnnual report
「Tax expense had previously been calculated using the standard method. However, to process quarterly consolidated financial results more quickly and efficiently, from the first quarter of the consolidated fiscal year we changed the method used to calculate tax expense for the company and its consolidated subsidiaries to the method described under “Specific accounting treatment applied in preparing quarterly consolidated financial statements.” As the impact of this change was immaterial, the change was not applied retrospectively.」
The change in the method of calculating tax expense, introduced to accelerate and improve the efficiency of quarterly consolidated financial reporting, continues to be applied in the second quarter. - FY2024-Q1First statedAnnual report
「Tax expense had previously been calculated using the standard method. However, to process quarterly consolidated financial results more quickly and efficiently, from the first quarter of the current consolidated fiscal year we changed the method used to calculate tax expense for the company and its consolidated subsidiaries to the method described under “Specific accounting treatment applied in preparing quarterly consolidated financial statements.” As the impact of this change was immaterial, the change was not applied retrospectively.」
The method of calculating tax expense was changed from the first quarter of the current consolidated fiscal year to accelerate and improve the efficiency of quarterly consolidated financial reporting. The impact was immaterial, and the change was not applied retrospectively.