Change in tax burden associated with the liquidation of a subsidiary
First written in FY2016. 1 of 4 entries say "Mitigated", first in FY2017-Q3. Latest entry: FY2019.
No other company in this theme has enough history to compare yet.
- FY2019DroppedAnnual report
「4 [Status of Affiliates] No applicable matters.」
After the completion of Nubee Tokyo's liquidation, the company states that it has no affiliates; the risk of changes in the tax burden associated with the liquidation of the subsidiary is not disclosed separately in this filing. - FY2017RestatedAnnual report
「Nubee Tokyo Co., Ltd., formerly a consolidated subsidiary, completed its liquidation as of 28 June 2016.」
The company has again disclosed the completion of the subsidiary's liquidation, and the reduced risk of changes in the tax burden associated with the liquidation remains in place. - FY2017-Q3MitigatedAnnual report
「Nubee Tokyo Co., Ltd., a subsidiary that operated the digital entertainment business, completed its liquidation as of 28 June 2016.」
The company has reconfirmed the completion of the subsidiary's liquidation, and the filing indicates that the risk of changes in the tax burden associated with the circumstances at completion has diminished. - FY2016First statedAnnual report
「The company's subsidiary Nubee Tokyo has been undergoing liquidation procedures since January 2016. The company expects to carry forward the subsidiary's tax loss carryforwards upon completion of the liquidation, and its tax expense burden may increase or decrease depending on the circumstances when the liquidation is completed.」
The company indicates that tax loss carryforwards and tax expenses may vary depending on the circumstances when the subsidiary's liquidation is completed.