Recoverability of deferred tax assets
First written in FY2020. 5 of 9 entries say "Worsened", first in FY2022. Latest entry: FY2026.
Nippon Coke & Engineering moved to the "Worse" side of this theme in 2025, 1 year after the typical company in this theme (2024).
The whole theme swung hardest in 2022: 9 of 32 companies on the "Worse" side.
11 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Net deferred tax assets were ¥1.308 billion, and the valuation allowance was ¥11.234 billion.」
Net deferred tax assets decreased from ¥1.599 billion in the previous fiscal year to ¥1.308 billion, while the valuation allowance also increased. - 2026-05-15WorsenedResults
「繰延税金資産 1,599 1,308」
繰延税金資産は前期末の15億9,900万円から13億800万円へ減少した。 - FY2026-H1WorsenedAnnual report
「Deferred tax assets 1,599 1,274」
Deferred tax assets decreased from ¥1.599 billion at the end of the previous fiscal year to ¥1.274 billion, indicating a deterioration in the financial figures related to recoverability. - FY2025WorsenedAnnual report
「Net deferred tax assets were ¥1.599 billion, and the valuation allowance was ¥8.424 billion.」
Net deferred tax assets decreased from ¥3.346 billion in the previous fiscal year to ¥1.599 billion, while the valuation allowance increased by ¥5.837 billion. Risks related to estimates of future earnings capacity and taxable income are reflected in the financial figures. - FY2024RestatedAnnual report
「The key assumptions in the future business plan underlying the estimate of taxable income are sales volume and selling prices in the coke business of the parent company, NIPPON COKE & ENGINEERING COMPANY,LIMITED.」
Regarding the recoverability of deferred tax assets, the company continues to disclose sales volume and selling prices in the coke business, as well as market and supply-demand conditions, as key assumptions. - FY2023RestatedAnnual report
「The key assumptions in the future business plan underlying the estimate of taxable income are raw material coal prices, sales volume and selling prices in the coke business.」
Regarding the recoverability of deferred tax assets, the company continues to disclose raw material coal prices, sales volume, selling prices, and market and supply-demand conditions as key assumptions. - FY2022WorsenedAnnual report
「The key assumptions in the future business plan underlying the estimate of taxable income are sales volume and raw material and product prices. Accordingly, if actual results underlying the estimates differ significantly from the assumptions in the next consolidated fiscal year due to market fluctuations resulting from changes in economic conditions and supply and demand caused by COVID-19, the situation in Ukraine and other factors, or revisions to production plans associated with coke oven refurbishment, estimates of future taxable income may change, potentially affecting the recoverable amount of deferred tax assets.」
Regarding the recoverability of deferred tax assets, the company newly identifies the situation in Ukraine, COVID-19 and revisions to production plans due to coke oven refurbishment as factors that could cause fluctuations. - FY2021RestatedAnnual report
「If forecasts of future taxable income change and it is determined that some or all of the deferred tax assets cannot be recovered, reducing the recoverability of the deferred tax assets may affect the company's operating results and financial position.」
The company continues to disclose the recoverability risk of deferred tax assets. Net deferred tax assets for the current fiscal year were ¥2.747 billion, with market and economic conditions among the key estimation assumptions. - FY2020First statedAnnual report
「If forecasts of future taxable income change and it is determined that some or all of the deferred tax assets cannot be recovered, reducing the recoverability of the deferred tax assets may affect the company's operating results and financial position.」
The company discloses the possibility of reducing deferred tax assets due to changes in forecasts of future taxable income as a standalone major risk.