Application of Tax-Effect Accounting Following the Transition to the Group Tax-Sharing System
First written in FY2023-Q2. 1 of 3 entries say "Restated". Latest entry: FY2024-Q1.
The whole theme swung hardest in 2025: 1 of 12 companies on the "Worse" side.
71 other companies' latest entry also says "Achieved".
- FY2024-Q1AchievedAnnual report
「The company and its domestic consolidated subsidiaries have transitioned from the consolidated taxation system to the group tax sharing system from the first quarter of the current fiscal year.」
The transition to the group tax sharing system, which had been scheduled for the next consolidated fiscal year, was implemented from the first quarter of the current fiscal year. - FY2023RestatedAnnual report
「The company and its domestic consolidated subsidiaries will transition from the consolidated taxation system to the group tax sharing system from the next consolidated fiscal year.」
The company continues to indicate that the transition to the group tax sharing system is scheduled to be implemented from the next consolidated fiscal year. - FY2023-Q2First statedAnnual report
「The company and its domestic consolidated subsidiaries apply the provisions of the “Implementation Guidance on Accounting for Tax Effect Accounting for the Transition from the Consolidated Taxation System to the Group Tax Sharing System” to items established under the Act Partially Amending the Income Tax Act and Other Acts (Act No. 8 of 2020) in connection with the transition to the group tax sharing system and the related review of the single-entity taxation system. Accordingly, the provisions of the “Guidance on Application of Accounting Standards for Tax Effect Accounting” are not applied, and the amounts of deferred tax assets and deferred tax liabilities are based on the provisions of the tax laws before the amendments.」
Regarding tax-effect accounting associated with the transition to the group tax sharing system, the company states that deferred tax assets and liabilities are recognized based on the tax laws before the amendments, in accordance with the relevant practical response report.