Risk of additional burdens related to taxation in various countries and transfer pricing regulations
First written in FY2020. 8 of 9 entries say "Restated". Latest entry: FY2024-Q2.
The whole theme swung hardest in 2018: 3 of 12 companies on the "Worse" side.
13 other companies' latest entry also says "Restated".
- FY2024-Q2RestatedAnnual report
「During the cumulative second quarter period, there were no occurrences of major risks that management recognizes as potentially having a material impact on the consolidated companies' financial condition, operating results, or cash flows, among matters related to the business and financial conditions described in the quarterly report, nor were there any material changes to the business and other risks described in the annual securities report for the preceding fiscal year.」
The company states that there has been no material change in the risk of additional tax burdens related to tax and transfer pricing regulations in various countries. - FY2024-Q1RestatedAnnual report
「During the cumulative first quarter period, there were no occurrences of major risks that management recognizes as potentially having a material impact on the consolidated companies' financial condition, operating results, or cash flows, among matters related to the business and financial conditions described in the quarterly report, nor were there any material changes to the business and other risks described in the annual securities report for the preceding fiscal year.」
There has been no material change in the risk of additional tax burdens related to tax and transfer pricing regulations in various countries. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter period, there were no occurrences of major risks that management recognizes as potentially having a material impact on the consolidated companies' financial condition, operating results, or cash flows, among matters related to the business and financial conditions described in the quarterly report, nor were there any material changes to the business and other risks described in the annual securities report for the preceding fiscal year.」
There has been no material change in the risk of additional tax burdens related to tax and transfer pricing regulations in various countries. - FY2023-Q1RestatedAnnual report
「During the cumulative first quarter period, there were no occurrences of major risks that management recognizes as potentially having a material impact on the consolidated companies' financial condition, operating results, or cash flows, among matters related to the business and financial conditions described in the quarterly report, nor were there any material changes to the business and other risks described in the annual securities report for the preceding fiscal year.」
There has been no material change in the risk of additional tax burdens related to tax and transfer pricing regulations in various countries. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter period, there were no occurrences of major risks that management recognizes as potentially having a material impact on the consolidated companies' financial condition, operating results, or cash flows, among matters related to the business and financial conditions described in the quarterly report, nor were there any material changes to the business and other risks described in the annual securities report for the preceding fiscal year.」
There has been no material change in the risk of additional tax burdens related to tax and transfer pricing regulations in various countries. - FY2021RestatedAnnual report
「In response, the group pays particular attention to international tax risks, including transfer pricing regulations, and works to implement measures such as obtaining advice from external specialists and preparing transfer pricing documentation.」
The group continues to address differences of opinion with tax authorities in various countries and the risk of additional burdens under transfer pricing regulations through external specialist advice and the preparation of documentation. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter period, there were no occurrences of major risks that management recognizes as potentially having a material impact on the consolidated companies' financial condition, operating results, or cash flows, among matters related to the business and financial conditions described in the quarterly report, nor were there any material changes to the business and other risks described in the annual securities report for the preceding fiscal year.」
There has been no material change in the risk of additional tax burdens related to tax and transfer pricing regulations in various countries. - FY2021-Q1RestatedAnnual report
「During the cumulative first quarter period, there were no occurrences of major risks that management recognizes as potentially having a material impact on the consolidated companies' financial condition, operating results, or cash flows, among matters related to the business and financial conditions described in the quarterly report, nor were there any material changes to the business and other risks described in the annual securities report for the preceding fiscal year.」
The company states that there has been no material change in the risk of additional tax burdens related to tax and transfer pricing regulations in various countries. - FY2020First statedAnnual report
「The group pays taxes appropriately in compliance with the tax laws of each country, but differences of opinion with tax authorities regarding tax filings and other matters could result in additional tax burdens that affect results. In response, the group pays particular attention to international tax risks, including transfer pricing regulations, and works to implement measures such as obtaining advice from external specialists and preparing transfer pricing documentation.」
Differences of opinion with tax authorities in various countries and additional tax burdens under transfer pricing regulations were expressly identified as a new risk item. Advice from external specialists and the preparation of transfer pricing documentation are cited as countermeasures.