Recoverability of Deferred Tax Assets
First written in FY2019. 9 of 15 entries say "Restated". Latest entry: FY2026.
2nd RETAILING moved to the "Worse" side of this theme in 2024, 1 year after the typical company in this theme (2023).
The whole theme swung hardest in 2020: 20 of 62 companies on the "Worse" side.
20 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「In the current consolidated fiscal year, the valuation allowance decreased by ¥1,136 million. This was mainly due to the fact that, following organizational restructuring at consolidated subsidiaries, recovery of tax loss carryforwards became foreseeable, as well as a decrease in temporary differences.」
The valuation allowance decreased by ¥1,136 million, indicating improved recoverability of tax loss carryforwards following organizational restructuring and a decrease in temporary differences. - FY2025WorsenedAnnual report
「In the current consolidated fiscal year, the valuation allowance increased by ¥1,771 million. This was mainly due to the generation of tax loss carryforwards and an increase in temporary differences at consolidated subsidiaries.」
The valuation allowance for deferred tax assets increased by ¥874 million in the previous fiscal year and by ¥1,771 million in the current fiscal year. The burden related to recoverability has increased due to increases in tax loss carryforwards and temporary differences. - FY2024WorsenedAnnual report
「In the current consolidated fiscal year, the valuation allowance increased by ¥874 million. This was mainly due to the generation of tax loss carryforwards and an increase in temporary differences at consolidated subsidiaries.」
The valuation allowance for deferred tax assets increased by ¥874 million, increasing the accounting burden related to their recoverability. - FY2024-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company continues to disclose that there have been no material changes in the risks related to the recoverability of deferred tax assets. - FY2024-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company continues to disclose that there have been no material changes in the risks related to the recoverability of deferred tax assets. - FY2023-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company has continued to disclose that there have been no material changes in the risks related to the recoverability of deferred tax assets. - FY2023-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company has continued to disclose that there have been no material changes in the risks related to the recoverability of deferred tax assets. - FY2022MitigatedAnnual report
「During the consolidated fiscal year, the valuation allowance decreased by ¥644 million. This was mainly due to the use of tax loss carryforwards at a consolidated subsidiary and a change in the company’s classification under the “Guidance on Recoverability of Deferred Tax Assets.”」
The valuation allowance decreased by ¥644 million, reversing the increase recorded in the previous year, and the burden related to the recoverability of deferred tax assets decreased in terms of actual results. - FY2022-Q3RestatedAnnual report
「There were no material changes from the previous consolidated fiscal year in the assumptions used for accounting estimates related to the impact of the spread of COVID-19.」
The company stated that there had been no material changes from the previous consolidated fiscal year in the key assumptions used for accounting estimates, including the recoverability of deferred tax assets. - FY2022-Q2RestatedAnnual report
「There were no material changes from the previous consolidated fiscal year in the assumptions used for these estimates.」
The company stated that there had been no material changes from the previous consolidated fiscal year in the key assumptions used for accounting estimates, including the recoverability of deferred tax assets, which incorporated the impact of COVID-19. - FY2021WorsenedAnnual report
「The valuation allowance increased by ¥1,948 million. This was mainly due to an increase in the valuation allowance related to tax loss carryforwards at a consolidated subsidiary.」
In connection with the recoverability of deferred tax assets, the valuation allowance increased by ¥1,948 million, while tax loss carryforwards reached ¥3,692 million. - FY2021-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company disclosed that there had been no material changes in the risks related to the recoverability of deferred tax assets. Although the impact of COVID-19 had been reflected in its accounting estimates, it stated that there had been no material changes in the assumptions from the previous consolidated fiscal year. - FY2020RestatedAnnual report
「If estimated taxable income is reduced in the future due to deterioration in the operating environment or other factors, it may become necessary to write down deferred tax assets, which could affect the group’s business results and financial position.」
The company continued to disclose risks related to the recoverability of deferred tax assets. It also stated that the impact of COVID-19 had been reflected in its estimates. - FY2020-Q1RestatedAnnual report
「No new business or other risks arose during the first quarter of the current consolidated cumulative period. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company disclosed that there had been no material changes in the risks related to the recoverability of deferred tax assets. - FY2019First statedAnnual report
「If estimated taxable income is reduced in the future due to deterioration in the operating environment or other factors, it may become necessary to write down deferred tax assets, which could affect the group’s business results and financial position.」
The possibility that deferred tax assets may need to be written down due to a reduction in estimated future taxable income was first established as an accounting-estimate risk.