Change in the Statutory Effective Tax Rate and Increase in Deferred Tax Liabilities Due to a Reduction in Stated Capital
First written in FY2024-Q1. . Latest entry: FY2025.
The whole theme swung hardest in 2025: 2 of 6 companies on the "Worse" side.
3 other companies' latest entry also says "Other".
- FY2025Tax Rate Change Due to the Defense Special Corporate TaxAnnual report
「Accordingly, deferred tax assets and deferred tax liabilities relating to temporary differences expected to reverse in the consolidated fiscal years beginning on or after 1 April 2026 have been calculated using a statutory effective tax rate changed from 34.59% to 35.43%.」
With the introduction of the special defense corporation tax, the statutory effective tax rate for temporary differences expected to reverse on or after 1 April 2026 was changed from 34.59% to 35.43%, and the impact on deferred tax assets and other items was disclosed. - FY2024Updated full-year impact of tax-rate changeAnnual report
「Due to this change in tax rate and other factors, deferred tax liabilities, net of deferred tax assets, increased by ¥11.958 million, while the adjustment to corporate income taxes decreased by ¥3.140 million during the fiscal year.」
Following the change in the statutory effective tax rate associated with the transition to a small corporation after the reduction in stated capital, deferred tax liabilities increased by ¥11.958 million and the adjustment to corporate income taxes decreased by ¥3.140 million. - FY2024-Q3Updated impact of tax-rate change for the cumulative third quarter periodAnnual report
「Due to this change in tax rate and other factors, deferred tax liabilities, net of deferred tax assets, increased by ¥10.001 million, while the adjustment to corporate income taxes decreased by ¥3.251 million during the cumulative third quarter period.」
Following the change in the statutory effective tax rate associated with the transition to a small corporation after the reduction in stated capital, deferred tax liabilities increased by ¥10.001 million and the adjustment to corporate income taxes decreased by ¥3.251 million. - FY2024-Q2Updated impact amount of deferred tax liabilitiesAnnual report
「Due to this change in tax rate and other factors, deferred tax liabilities, net of deferred tax assets, increased by ¥9.919 million, while the adjustment to corporate income taxes decreased by ¥4.095 million during the cumulative second quarter period.」
Following the change in the statutory effective tax rate due to the reduction in stated capital, deferred tax liabilities increased by ¥9.919 million and the adjustment to corporate income taxes decreased by ¥4.095 million. - FY2024-Q1First statedAnnual report
「Due to this change in tax rate and other factors, deferred tax liabilities, net of deferred tax assets, increased by ¥9.406 million, while the adjustment to corporate income taxes decreased by ¥4.047 million during the cumulative first quarter period.」
Assuming the transition to a small corporation for tax purposes following the planned reduction in capital on 25 December 2023, the statutory effective tax rate was changed from 30.6% to 34.6%, and the impact on deferred tax liabilities and the adjustment to corporate income taxes was disclosed for the first time.