Recoverability risk relating to deferred tax assets
First written in FY2023. 2 of 4 entries say "Materialised", first in FY2025-H1. Latest entry: FY2025.
Happiness and D moved to the "Worse" side of this theme in 2025, 2 years after the typical company in this theme (2023).
The whole theme swung hardest in 2024: 9 of 19 companies on the "Worse" side.
1 other company's latest entry also says "Materialised".
- FY2025MaterialisedAnnual report
「Based on the results for the consolidated fiscal year and the outlook going forward, the Company has reversed deferred tax assets, resulting in income taxes and other taxes—deferred of ¥74.106 million.」
As in the previous fiscal year, the Company reversed deferred tax assets based on its performance and outlook and recorded ¥74.106 million as income taxes and other taxes—deferred. The net deferred tax assets decreased from ¥82.045 million to ¥8.604 million. - FY2025-H1MaterialisedAnnual report
「In addition, based on the results for the second quarter (interim period) of the fiscal year ending August 2025 and other factors, the Company decided to reverse part of its deferred tax assets and recorded ¥61.065 million as income taxes and other taxes—deferred.」
Based on its performance, the Company actually reversed part of its deferred tax assets and recorded ¥61.065 million as income taxes and other taxes—deferred. - FY2024RestatedAnnual report
「⑮ Reversal of deferred tax assets Period-end Medium Medium ・All or part of the deferred tax assets may not be recoverable」
The Company reaffirmed the recoverability of deferred tax assets as a major risk and described improvements in store profitability, cost reductions and changes in sales policies as countermeasures. - FY2023First statedAnnual report
「All or part of the deferred tax assets may not be recoverable.」
The Company independently identified for the first time as a major risk the recoverability of deferred tax assets, which is predicated on store profitability, cost reductions and changes in sales policies.