Transition to the Group Tax-Sharing System
First written in FY2024-Q2. 2 of 3 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2025: 1 of 12 companies on the "Worse" side.
105 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The Company and certain domestic consolidated subsidiaries have applied the group aggregation system from the current consolidated fiscal year.」
We continued applying the group aggregation system and the related accounting treatment for corporate income taxes and tax-effect accounting in the annual financial statements. - FY2024-Q3RestatedAnnual report
「The company and certain domestic consolidated subsidiaries have transitioned from the consolidated taxation system to the group tax sharing system from the first quarter. Accordingly, the accounting and disclosure treatment for corporation tax, local corporation tax and tax effect accounting is conducted in accordance with Practical Solution on the Accounting and Disclosure under the Group Tax Sharing System (ASBJ PITF No. 42, 12 August 2021, hereinafter “ASBJ PITF No. 42”).」
We continued to describe the transition from the consolidated taxation system to the group aggregation system, along with the related accounting treatment and disclosure methods. - FY2024-Q2First statedAnnual 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.」
For the first time, we described the transition from the consolidated taxation system to the group aggregation system, along with the related accounting treatment and disclosure of corporate income taxes and tax-effect accounting.