Separate Presentation of Deferred Tax Liabilities
First written in FY2019. 3 of 4 entries say "Restated". Latest entry: FY2020-Q3.
The whole theme swung hardest in 2024: 3 of 9 companies on the "Worse" side.
155 other companies' latest entry also says "Restated".
- FY2020-Q3RestatedAnnual report
「The company has applied the partial amendment to the Accounting Standard for Tax Effect Accounting (Accounting Standard No. 28, 16 February 2018) and other standards from the beginning of the first quarter of the fiscal year under review. Deferred tax assets are presented under investments and other assets, while deferred tax liabilities are presented under non-current liabilities.」
The Company continues to apply the presentation method for deferred tax assets and liabilities adopted following the revision of the tax-effect accounting standards. - FY2020-Q2RestatedAnnual report
「The company has applied the partial amendment to the Accounting Standard for Tax Effect Accounting (Accounting Standard No. 28, 16 February 2018) and other standards from the beginning of the first quarter of the fiscal year under review. Deferred tax assets are presented under investments and other assets, while deferred tax liabilities are presented under non-current liabilities.」
The Company continues to apply the presentation method for deferred tax assets and liabilities adopted following the revision of the tax-effect accounting standards. - FY2020-Q1RestatedAnnual report
「The partial revision of the Accounting Standard for Tax Effect Accounting (Accounting Standard No. 28, 16 February 2018) and other standards have been applied from the beginning of the first quarter of the current consolidated fiscal period. Deferred tax assets are presented under investments and other assets, and deferred tax liabilities under non-current liabilities.」
Following the adoption of the revised tax-effect accounting standards, the Company continues to present deferred tax liabilities separately within non-current liabilities. - FY2019First statedAnnual report
「Deferred tax liabilities, which had been included under “Other” within “Non-current liabilities” in the previous consolidated fiscal year, have been presented separately since the current consolidated fiscal year because their amount has become material.」
Because deferred tax liabilities became material, their presentation was changed from “Other” under non-current liabilities to a separate line item.