Transition from the Consolidated Taxation System to the Group Tax Sharing System
First written in FY2020. 1 of 3 entries say "Advanced", first in FY2022. Latest entry: FY2023-Q1.
The whole theme swung hardest in 2025: 1 of 12 companies on the "Worse" side.
71 other companies' latest entry also says "Achieved".
- FY2023-Q1AchievedAnnual report
「The company and its consolidated subsidiaries have changed from the previously applied consolidated taxation system to the group aggregation system, effective from the first quarter of the current consolidated fiscal year.」
The transition to the group-wide tax consolidation system, which had been scheduled in the previous fiscal year for application from the beginning of the following fiscal year, was implemented from the first quarter of the current consolidated fiscal year. - FY2022AdvancedAnnual report
「The company plans to apply from the beginning of the following consolidated fiscal year the “Practical Solution on Accounting and Disclosure under the Group Tax Sharing System” (Practical Solution Report No. 42, 12 August 2021), which specifies the accounting and disclosure treatment for corporate and local corporate taxes and tax-effect accounting when applying the group tax sharing system.」
The company has specified its accounting and disclosure policy to be applied from the beginning of the following fiscal year in connection with the transition from the consolidated taxation system to the group tax sharing system. - FY2020First statedAnnual report
「Tax Effect Accounting for the Transition from the Consolidated Taxation System to the Group Tax Sharing System」
In connection with the transition to the group tax sharing system, the company has newly disclosed that it will account for deferred tax assets and liabilities based on the tax laws in effect before the amendments.