Tax-Effect Accounting Related to the Transition to the Group Tax Sharing System
First written in FY2022-Q1. 3 of 6 entries say "Restated". Latest entry: FY2023-Q3.
The whole theme swung hardest in 2025: 1 of 12 companies on the "Worse" side.
105 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「The Company and certain domestic consolidated subsidiaries transitioned from the consolidated tax payment system to the group tax-sharing system from the first quarter.」
The Company continues with the transition to the group tax relief system implemented from the first quarter of the consolidated fiscal year. - FY2023-Q2RestatedAnnual report
「The Company and certain domestic consolidated subsidiaries transitioned from the consolidated tax payment system to the group tax-sharing system from the first quarter.」
The Company continues in the second quarter with the transition to the group tax relief system implemented from the first quarter of the consolidated fiscal year. - FY2023-Q1AdvancedAnnual report
「The Company and certain domestic consolidated subsidiaries have transitioned from the consolidated taxation system to the group tax-sharing system from the beginning of the first quarter of the current fiscal year.」
The company transitioned to the consolidated taxation system from the current first quarter of the consolidated fiscal year, rather than from the next consolidated fiscal year as planned in the previous fiscal year. - FY2022AdvancedAnnual report
「The Company and its domestic consolidated subsidiaries will transition from the consolidated taxation system to the group-sharing system from the following consolidated fiscal year.」
The Company specified that the transition to the group tax relief system would take place at the beginning of the following consolidated fiscal year and clarified the accounting treatment for taxes affected by the transition. - FY2022-Q3RestatedAnnual report
「With respect to the transition to the group tax-sharing system established under the Act Partially Amending the Income Tax Act and Other Acts (Act No. 8 of 2020), and matters for which the standalone taxation system was revised in connection with that transition, the Company and its domestic consolidated subsidiaries apply the treatment in Paragraph 3 of Practical Solution No. 39, Application of Tax Effect Accounting Related to the Transition from the Consolidated Taxation System to the Group Tax-Sharing System, and do not apply Paragraph 44 of the Guidance on Accounting Standard for Tax Effect Accounting. Deferred tax assets and liabilities are therefore measured based on the provisions of the tax laws before amendment.」
The Company continues to apply the accounting treatment for taxes affected by the transition to the group tax relief system. - FY2022-Q1First statedAnnual report
「The Company and its domestic consolidated subsidiaries apply the provisions of the tax laws in effect before the amendments with respect to the transition to the group tax relief system established under the Act Partially Amending the Income Tax Act and Other Acts (Act No. 8 of 2020), as well as items for which the single-company tax payment system was reviewed in connection with the transition to the group tax relief system.」
For tax-effect accounting associated with the transition to the group tax relief system, the Company applies the provisions of the pre-amendment tax laws based on the Practical Solution Report.