Adoption of amendments to IAS 12, “Income Taxes”
First written in FY2024-Q1. 3 of 4 entries say "Restated". Latest entry: FY2024.
18 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The group’s overseas subsidiaries have applied “Deferred Tax related to Assets and Liabilities arising from a Single Transaction” (amendments to IAS 12, “Income Taxes”) from the current consolidated fiscal year. The amendments clarify that, when equal taxable and deductible temporary differences arise at the time of a transaction, an entity recognizes the resulting deferred tax liability or deferred tax asset.」
The annual report also confirms the application of the amendments to IAS 12 by the overseas subsidiaries. - FY2024-Q3RestatedAnnual report
「The group’s overseas subsidiaries have applied “Deferred Tax related to Assets and Liabilities arising from a Single Transaction” (amendments to IAS 12, “Income Taxes”) from the first quarter of the current consolidated accounting period. The amendments clarify that, when equal taxable and deductible temporary differences arise at the time of a transaction, an entity recognizes the resulting deferred tax.」
The company continues to disclose the application of the amendments to IAS 12 by its overseas subsidiaries. - FY2024-Q2RestatedAnnual report
「The group’s overseas subsidiaries have applied “Deferred Tax related to Assets and Liabilities arising from a Single Transaction” (amendments to IAS 12, “Income Taxes”) from the first quarter of the current consolidated accounting period. The amendments clarify that, when equal taxable and deductible temporary differences arise at the time of a transaction, an entity recognizes the resulting deferred tax.」
The company continues to explain that its overseas subsidiaries have applied the amendments to IAS 12 and that the impact on the quarterly consolidated financial statements is immaterial. - FY2024-Q1First statedAnnual report
「The group’s overseas subsidiaries have applied “Deferred Tax related to Assets and Liabilities arising from a Single Transaction” (amendments to IAS 12, “Income Taxes”) from the first quarter of the current consolidated accounting period.」
The overseas subsidiaries applied the amendments to IAS 12 from the first quarter of the current consolidated accounting period, clarifying the recognition of deferred tax for transactions that give rise to taxable and deductible temporary differences at the same time. The impact on the quarterly consolidated financial statements is considered immaterial.