Risk in Estimating the Recoverability of Deferred Tax Assets
First written in FY2021. . Latest entry: FY2026.
The whole theme swung hardest in 2020: 20 of 62 companies on the "Worse" side.
32 other companies' latest entry also says "Other".
- FY2026Increase in deferred tax assets and transition to a net deferred tax liabilityAnnual report
「Total deferred tax assets ¥1,150.641 million ¥1,222.384 million Net deferred tax assets (△ indicates liabilities) △¥167.971 million △¥442.604 million」
Gross deferred tax assets increased from ¥1,150.641 million in the previous fiscal year to ¥1,222.384 million, while the net amount after offsetting against deferred tax liabilities changed from deferred tax liabilities of ¥167.971 million to deferred tax liabilities of ¥442.604 million. - FY2025Increase in Recognised Deferred Tax AssetsAnnual report
「Total deferred tax assets ¥1,020.108 million ¥1,150.641 million」
Deferred tax assets before offsetting against deferred tax liabilities increased from ¥1,020.108 million in the previous fiscal year to ¥1,150.641 million. Expected revenue growth is the principal assumption. - FY2024Updated the amount recognized and assumptions for deferred tax assetsAnnual report
「Deferred tax assets (net) (Amount before offsetting against deferred tax liabilities) ¥422.960 million ¥861.374 million ¥309.801 million ¥1,020.108 million」
Net deferred tax assets decreased from ¥422.960 million in the previous fiscal year to ¥309.801 million. Expected revenue growth is the principal assumption, and uncertainty arising from changes in market and operating conditions is disclosed. - FY2022Updated the amount recognized and assumptions for deferred tax assetsAnnual report
「Deferred tax assets (net) (Amount before offsetting against deferred tax liabilities) ¥438.270 million ¥674.614 million ¥401.837 million ¥756.710 million」
Net deferred tax assets decreased from ¥438.270 million in the previous fiscal year to ¥401.837 million. Expected future revenue growth is the principal assumption, and uncertainty arising from market conditions and COVID-19 is disclosed. - FY2021First statedAnnual report
「The recoverability of deferred tax assets depends on estimates of future taxable income. If the estimated amount decreases, deferred tax assets may be reduced and tax expense may be recognized.」
The company states that estimates of taxable income underlying net deferred tax assets of ¥438,270 thousand are uncertain, taking into account expected revenue growth and factors including COVID-19.