Recoverability of Deferred Tax Assets
First written in FY2016. 16 of 22 entries say "Restated". Latest entry: FY2026.
Dairei moved to the "Worse" side of this theme in 2020.
The whole theme swung hardest in 2026: 2 of 6 companies on the "Worse" side.
9 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The company recognizes deferred tax assets and other items after carefully assessing their recoverability based on forecasts of future taxable income and other factors. However, if, based on future business performance, it is determined that some or all of these items are unlikely to be recoverable, the amounts recognized may be revised, which may affect the company's financial position and operating results.」
The company continues to disclose the risk related to the recoverability of deferred tax assets and other items. - FY2024-Q1RestatedAnnual report
「There were no newly arising business or other risks during the cumulative first quarter. There were also no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new occurrences or material changes regarding the risk related to the recoverability of deferred tax assets. - FY2022SoftenedAnnual report
「The company recognizes deferred tax assets and other items after carefully assessing their recoverability based on forecasts of future taxable income and other factors. However, if, based on future business performance, it is determined that some or all of these items are unlikely to be recoverable, the amounts recognized may be revised, which may affect the company's financial position and operating results.」
The specific assumptions regarding COVID-19 and the timing of the economic recovery described through the previous quarter are no longer presented, and the disclosure has returned to a general description of recoverability risk. - FY2022-Q1SoftenedAnnual report
「Sales during the cumulative first quarter increased from the same period of the previous year, but had not yet recovered to pre-pandemic levels. Despite this situation, the company has made accounting estimates, including the recoverability of deferred tax assets, on the assumption that economic conditions will gradually recover as vaccinations progress. Since the impact of COVID-19 on economic activity is highly uncertain, changes in the above assumption may affect the company's financial position and operating results for the current fiscal year.」
Sales increased year on year, and the company assumes that economic conditions will recover as vaccinations progress. However, sales have not yet recovered to pre-pandemic levels, and uncertainty remains regarding the possibility that changes in the assumptions may affect the company's financial position and operating results. - FY2021RestatedAnnual report
「However, if, based on future business performance, it is determined that some or all of the deferred tax assets and other items are unlikely to be recoverable, the amounts recognized may be revised, which may affect the company's financial position and operating results.」
The company continues to disclose the risk related to the recoverability of deferred tax assets and other items. - FY2021-Q3SoftenedAnnual report
「Due to the impact of COVID-19, sales during the cumulative third quarter decreased as the food-service industry declined. Despite these effects, the company has made accounting estimates, including the recoverability of deferred tax assets, on the assumption that economic conditions will gradually recover from the fourth quarter of the fiscal year ending March 2021. Since the impact of COVID-19 on economic activity is highly uncertain, changes in the above assumption may affect the company's financial position and operating results for the current fiscal year.」
The company continues to describe the decline in sales and uncertainty caused by COVID-19. The assumed timing of the economic recovery has been pushed back from “the third quarter of the fiscal year ending March 2021 or later” in the previous quarter to “the fourth quarter or later.” - FY2021-Q2WorsenedAnnual report
「Due to the impact of COVID-19, sales during the cumulative second quarter decreased as the food-service industry declined. Despite these effects, the company has made accounting estimates, including the recoverability of deferred tax assets, on the assumption that economic conditions will gradually recover from the third quarter of the fiscal year ending March 2021. Since the impact of COVID-19 on economic activity is highly uncertain, changes in the above assumption may affect the company's financial position and operating results for the current fiscal year.」
Regarding the recoverability of deferred tax assets and other items, the company assumes that the recovery will begin from the third quarter of the fiscal year ending March 2021. It continues to state that the high level of uncertainty and changes in the assumptions may affect its financial position and operating results. - FY2021-Q1WorsenedAnnual report
「Due to the impact of COVID-19, sales during the cumulative first quarter decreased as the food-service industry and school-lunch operations declined. Despite these effects, the company has made accounting estimates, including the recoverability of deferred tax assets, on the assumption that economic conditions will gradually recover following the lifting of the state of emergency on 25 May. Since the impact of COVID-19 on economic activity is highly uncertain, changes in the above assumption may affect the company's financial position and operating results for the current fiscal year.」
The company estimates the recoverability of deferred tax assets and other items based on a decline in sales due to COVID-19, and additionally describes the possibility that changes in the assumptions may affect its financial position and operating results. - FY2020RestatedAnnual report
「However, if, based on future business performance, it is determined that some or all of the deferred tax assets and other items are unlikely to be recoverable, the amounts recognized may be revised, which may affect the company's financial position and operating results.」
The company continues to disclose the risk related to the recoverability of deferred tax assets and other items. - FY2020-Q3RestatedAnnual report
「There were no newly arising business or other risks during the cumulative third quarter. There were also no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new occurrences or material changes regarding the risk related to the recoverability of deferred tax assets. - FY2020-Q1RestatedAnnual report
「There were no newly arising business or other risks during the cumulative first quarter. There were also no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company comprehensively states that there have been no new occurrences or material changes regarding the risk related to the recoverability of deferred tax assets. - FY2019-Q3RestatedAnnual report
「There were no newly arising business or other risks during the cumulative third quarter. There were also no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new occurrences or material changes regarding the risk related to the recoverability of deferred tax assets. - FY2019-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative second quarter. There were also no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new occurrences or material changes regarding the risk related to the recoverability of deferred tax assets. - FY2019-Q1RestatedAnnual report
「There were no newly arising business or other risks during the cumulative first quarter, and there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new occurrences or material changes regarding the risk related to the recoverability of deferred tax assets. - FY2018RestatedAnnual report
「If, based on future business performance, it is determined that some or all of the deferred tax assets and other items are unlikely to be recoverable, the amounts recognized may be revised, which may affect the company's financial position and operating results.」
The company continues to disclose the risk related to the recoverability of deferred tax assets. - FY2018-Q3RestatedAnnual report
「There were no newly arising business or other risks during the cumulative third quarter. There were also no material changes to the business or other risks described in the securities report submitted for the previous fiscal year.」
The company states that there have been no new occurrences or material changes regarding the risk related to the recoverability of deferred tax assets. - FY2018-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative second quarter. There were also no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new occurrences or material changes regarding the risk related to the recoverability of deferred tax assets. - FY2018-Q1RestatedAnnual report
「There were no newly arising business or other risks during the cumulative first quarter. There were also no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company comprehensively states that there have been no new occurrences or material changes regarding the risk related to the recoverability of deferred tax assets. - FY2017RestatedAnnual report
「If, based on future business performance, it is determined that some or all of the deferred tax assets and other items are unlikely to be recoverable, the amounts recognized may be revised, which may affect the company's financial position and operating results.」
The company continues to disclose the risk related to the recoverability of deferred tax assets. - FY2017-Q3RestatedAnnual report
「There were no newly arising business or other risks during the cumulative third quarter, and there were no material changes to the business or other risks described in the securities report submitted for the previous fiscal year.」
The company comprehensively states that there have been no new occurrences or material changes regarding the risk related to the recoverability of deferred tax assets. - FY2017-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative second quarter, and there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company comprehensively states that there have been no new occurrences or material changes regarding the risk related to the recoverability of deferred tax assets. - FY2016First statedAnnual report
「If, based on future business performance, it is determined that some or all of the deferred tax assets and other items are unlikely to be recoverable, the amounts recognized may be revised, which may affect the company's financial position and operating results.」
The company identifies the recoverability of deferred tax assets, based on estimates of future taxable income, as a risk.