Change in the statutory effective tax rate and increase in deferred tax assets following a capital reduction
First written in FY2017-Q2. 2 of 3 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2017.
0 other companies' latest entry also says "Advanced".
- FY2017AdvancedAnnual report
「As a result, deferred tax assets, net of deferred tax liabilities, increased by ¥1,285 thousand, while deferred income taxes recorded for the current consolidated fiscal year decreased by the same amount.」
Deferred tax assets increased by ¥1,285 thousand as a result of the change in the statutory effective tax rate following the capital reduction. - FY2017-Q3AdvancedAnnual report
「As a result, deferred tax assets, net of deferred tax liabilities, increased by ¥1,018 thousand, while deferred income taxes recorded for the cumulative third quarter of the current consolidated period decreased by the same amount.」
Deferred tax assets increased by ¥1,018 thousand as a result of the change in the statutory effective tax rate following the capital reduction. - FY2017-Q2First statedAnnual report
「As a result, deferred tax assets, net of deferred tax liabilities, increased by ¥1,291 thousand, while deferred income taxes recorded for the cumulative second quarter of the current consolidated period decreased by the same amount.」
The statutory effective tax rate was changed because the capital reduction on 3 August 2016 resulted in the Company no longer being subject to the size-based enterprise tax, and deferred tax assets increased by ¥1,291 thousand.