Recoverability of deferred tax assets
First written in FY2018-Q1. 2 of 4 entries say "Restated". Latest entry: FY2019.
Dream Vision moved to the "Worse" side of this theme in 2019, 4 years before the typical company in this theme (2023).
The whole theme swung hardest in 2020: 20 of 61 companies on the "Worse" side.
11 other companies' latest entry also says "Materialised".
- FY2019MaterialisedAnnual report
「Following a review of the assets and liabilities assumed on the acquisition of Nara Camicie Japan, we recorded ¥661 million in inventory valuation losses and provisions for firm purchase commitments and reversed ¥211 million of deferred tax assets.」
将来課税所得の予測・仮定に基づく繰延税金資産の回収可能性について、当期に211百万円の繰延税金資産を取り崩す事象が発生した。 - FY2018RestatedAnnual report
「将来の課税所得の予測・過程が変更され、繰延税金資産の全部又は一部が回収できないと判断した場合、繰延税金資産は減額され、当社グループの財政状態及び経営成績に影響を及ぼす可能性があります。」
将来課税所得の予測・仮定の変更により繰延税金資産を減額する可能性を継続して記載している。 - FY2018-Q3RestatedAnnual report
「The group assesses the recoverability of deferred tax assets based on forecasts and assumptions regarding future taxable income. If those forecasts or assumptions change and the group determines that all or part of the deferred tax assets cannot be recovered, the deferred tax assets may be reduced, affecting the group’s financial position and performance.」
将来課税所得の予測・仮定の変更により繰延税金資産を減額する可能性を継続して記載している。 - FY2018-Q1First statedAnnual report
「The group assesses the recoverability of deferred tax assets based on forecasts and assumptions regarding future taxable income. If those forecasts or assumptions change and the group determines that all or part of the deferred tax assets cannot be recovered, the deferred tax assets may be reduced, affecting the group’s financial position and performance.」
The company identifies the potential reduction of deferred tax assets following changes in forecasts or assumptions regarding future taxable income as a risk.