Komori
Asmo (2654) · InitiativeFirst stated

Improving closing-process efficiency by changing the method of calculating tax expenses

First written in FY2025-H1. . Latest entry: FY2025-H1.

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Streamlining Tax Expense Calculations in Quarterly Financial ReportingA theme 104 companies write about · 0 as a headwind · 90 as a tailwind

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  1. FY2025-H1First statedAnnual report

    「Tax expenses for the Company and its domestic consolidated subsidiaries had previously been calculated using the standard method. To further improve the efficiency of financial close procedures for the Company and its domestic consolidated subsidiaries, the calculation method was changed from the current interim consolidated accounting period to the method described under "Application of specific accounting treatment applied in preparing the interim consolidated financial statements."」

    The method for calculating tax expenses was changed from the current interim consolidated accounting period to improve the efficiency of financial close procedures. The impact was immaterial, and the change was not applied retrospectively.
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