Application of Revised Tax-Effect Accounting Standards and Retrospective Application to Prior-Year Metrics
First written in FY2020-Q1. 3 of 4 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2024: 3 of 9 companies on the "Worse" side.
155 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「The partial revision of the Accounting Standard for Tax Effect Accounting (Accounting Standards Board of Japan Statement No. 28, 16 February 2018) and other standards has been applied from the beginning of the current consolidated fiscal year. The financial position has been compared and analyzed against the previous consolidated fiscal year using figures after retrospective application of these accounting standards and other requirements.」
The application of the revised tax-effect accounting standards and the retrospective application of comparative metrics continue in the annual financial statements. - FY2020-Q3RestatedAnnual report
「The partial revision of the Accounting Standard for Tax Effect Accounting (Accounting Standards Board of Japan Statement No. 28, 16 February 2018) and other standards has been applied from the beginning of the third quarter of the consolidated fiscal year. Key management indicators and other figures for the previous third quarter of the consolidated fiscal year and the previous consolidated fiscal year have therefore been presented after retrospective application of these accounting standards and other requirements.」
The application of the revised standards relating to tax-effect accounting and other changes from the beginning of the first quarter, and the presentation of comparative metrics after retrospective application, continues to be disclosed. - FY2020-Q2RestatedAnnual report
「The partial revision of the Accounting Standard for Tax Effect Accounting (Accounting Standards Board of Japan Statement No. 28, 16 February 2018) and other standards has been applied from the beginning of the first quarter of the consolidated fiscal year. Key management indicators and other figures for the previous second quarter of the consolidated fiscal year and the previous consolidated fiscal year have therefore been presented after retrospective application of these accounting standards and other requirements.」
The revised standards relating to tax-effect accounting and other changes were applied from the beginning of the first quarter, and the second-quarter disclosure continues to present comparative metrics after retrospective application. - FY2020-Q1First statedAnnual report
「The partial revision of the Accounting Standard for Tax Effect Accounting (Accounting Standards Board of Japan Statement No. 28, 16 February 2018) and other standards has been applied from the beginning of the current first quarter of the consolidated fiscal year. Key management indicators and other figures for the previous first quarter of the consolidated fiscal year and the previous consolidated fiscal year have therefore been presented after retrospective application of these accounting standards and other requirements.」
The revised standards relating to tax-effect accounting and other changes have been applied from the beginning of the first quarter, and comparative metrics are presented after retrospective application. This is a separate accounting change from the existing guidance on the recoverability of deferred tax assets.