Tax-effect Accounting Associated with the Transition from the Consolidated Taxation System to the Group Tax Sharing System
First written in FY2022-Q1. 1 of 2 entries say "Restated". Latest entry: FY2022-Q2.
The whole theme swung hardest in 2025: 1 of 12 companies on the "Worse" side.
106 other companies' latest entry also says "Restated".
- FY2022-Q2RestatedAnnual report
「With respect to the transition to the group tax-sharing system established under the Act Partially Amending the Income Tax Act and Other Acts (Act No. 8 of 2020), and items for which the single-entity tax payment system was revised in connection with that transition, the company and certain consolidated subsidiaries have, pursuant to paragraph 3 of Practical Response Report No. 39, “Practical Solution on the Accounting for Tax Effect of the Transition from the Consolidated Taxation System to the Group Tax Sharing System” (31 March 2020), calculated deferred tax assets and deferred tax liabilities based on the provisions of the tax laws before amendment, without applying paragraph 44 of the “Implementation Guidance on Tax Effect Accounting” (Accounting Standard Implementation Guidance No. 28, 16 February 2018).」
The company continues to disclose its treatment of tax-effect accounting associated with the transition to the group tax-sharing system, following the previous quarter. - FY2022-Q1First statedAnnual report
「With respect to the transition to the group tax-sharing system established under the Act Partially Amending the Income Tax Act and Other Acts (Act No. 8 of 2020), and items for which the single-entity tax payment system was revised in connection with that transition, the company and certain consolidated subsidiaries have, pursuant to paragraph 3 of Practical Response Report No. 39, “Practical Solution on the Accounting for Tax Effect of the Transition from the Consolidated Taxation System to the Group Tax Sharing System” (31 March 2020), calculated deferred tax assets and deferred tax liabilities based on the provisions of the tax laws before amendment, without applying paragraph 44 of the “Implementation Guidance on Tax Effect Accounting” (Accounting Standard Implementation Guidance No. 28, 16 February 2018).」
Regarding tax-effect accounting associated with the transition to the group tax-sharing system, the company first disclosed its policy of calculating deferred tax assets and liabilities based on the tax laws before amendment.