Change by certain consolidated subsidiaries to calculating tax expense using the estimated effective tax rate
First written in FY2023-Q1. 5 of 6 entries say "Restated". Latest entry: FY2026-H1.
95 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「For tax expenses at certain consolidated subsidiaries, the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year including the current interim period is reasonably estimated, and tax expenses are calculated by multiplying interim profit before income taxes by the estimated effective tax rate.」
Certain consolidated subsidiaries continue to calculate tax expense using the estimated effective tax rate. - FY2024-Q2RestatedAnnual report
「For tax expenses at certain consolidated subsidiaries, the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year including the cumulative second quarter of the current fiscal year is reasonably estimated, and tax expenses are calculated by multiplying quarterly profit before income taxes by the estimated effective tax rate.」
Certain consolidated subsidiaries continue to calculate tax expense using the estimated effective tax rate. - FY2024-Q1RestatedAnnual report
「For tax expenses at certain consolidated subsidiaries, the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year including the current first quarter is reasonably estimated, and tax expenses are calculated by multiplying quarterly profit before income taxes by the estimated effective tax rate.」
Certain consolidated subsidiaries continue to calculate tax expense using the estimated effective tax rate. - FY2023-Q3RestatedAnnual report
「For certain consolidated subsidiaries, tax expenses are calculated by reasonably estimating the effective tax rate after application of tax-effect accounting to profit before income taxes for the consolidated fiscal year, including the current third-quarter consolidated accounting period, and multiplying profit before income taxes for the quarter by the estimated effective tax rate.」
Certain consolidated subsidiaries continue to calculate tax expense using the estimated effective tax rate. - FY2023-Q2RestatedAnnual report
「For tax expenses at certain consolidated subsidiaries, the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year including the cumulative second quarter of the current fiscal year is reasonably estimated, and tax expenses are calculated by multiplying quarterly profit before income taxes by the estimated effective tax rate.」
Certain consolidated subsidiaries continue to calculate tax expense using the estimated effective tax rate. - FY2023-Q1First statedAnnual report
「Previously, tax expense for the company and its consolidated subsidiaries was calculated using the standard method. To further improve the efficiency of quarterly closing procedures for the company and its consolidated subsidiaries, certain consolidated subsidiaries have changed their method from the beginning of the current first quarter of the consolidated fiscal year. They now reasonably estimate the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year, and calculate tax expense by multiplying quarterly profit before income taxes by that estimated effective tax rate. Because the impact of this change in accounting policy is immaterial, the change has not been applied retrospectively.」
To improve the efficiency of quarterly closing procedures, certain consolidated subsidiaries changed their method of calculating tax expense from the standard method to one using the estimated effective tax rate. The impact was immaterial, so the change was not applied retrospectively.