Change in presentation classification following application of amendments to the Tax Effect Accounting Standard
First written in FY2019-Q1. 1 of 2 entries say "Restated". Latest entry: FY2019-Q2.
The whole theme swung hardest in 2024: 1 of 10 companies on the "Worse" side.
156 other companies' latest entry also says "Restated".
- FY2019-Q2RestatedAnnual report
「The partial revision of the Accounting Standard for Tax Effect Accounting (Accounting Standards Board of Japan Statement No. 28, dated 16 February 2018) and other standards have been applied from the beginning of the first quarter consolidated accounting period. Deferred tax assets are presented under investments and other assets, and deferred tax liabilities under non-current liabilities.」
The company reiterated the accounting treatment under which the amendments to the accounting standard for tax effect accounting were applied from the beginning of the first quarter's consolidated accounting period and the presentation classification was changed. - FY2019-Q1First statedAnnual report
「The “Partial Amendments to the Accounting Standard for Tax Effect Accounting” (Accounting Standard No. 28, 16 February 2018) and related standards have been applied from the beginning of the first quarter of the current consolidated fiscal year. Deferred tax assets are presented under investments and other assets, and deferred tax liabilities under non-current liabilities.」
The company applied certain amendments to the accounting standard for tax effect accounting from the beginning of the current quarter's consolidated accounting period and changed the presentation classification of deferred tax assets and liabilities.