Risk of Assessing the Recoverability of Deferred Tax Assets
First written in FY2021. 5 of 8 entries say "Mitigated", first in FY2022. Latest entry: FY2026.
Systems Design moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2024: 8 of 32 companies on the "Worse" side.
7 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「At the end of the consolidated fiscal year, deferred tax assets stood at ¥279.795 million, accounting for 4.1% of consolidated total assets.」
Deferred tax assets increased from ¥242.642 million at the end of the previous fiscal year to ¥279.795 million, and the valuation allowance amounted to ¥42.305 million. - FY2026-H1MitigatedAnnual report
「Deferred tax assets 242,642 238,857」
Deferred tax assets decreased from ¥242.642 million at the end of the previous consolidated fiscal year to ¥238.857 million at the end of the interim consolidated accounting period. - FY2024-Q3RestatedAnnual report
「Deferred tax assets 257,671 256,692」
Deferred tax assets decreased from ¥257.671 million at the end of the previous fiscal year to ¥256.692 million. No new risks or significant changes concerning recoverability were disclosed. - FY2024-Q2MitigatedAnnual report
「Deferred tax assets 257,671 253,133」
Deferred tax assets decreased from ¥257.671 million at the end of the previous fiscal year to ¥253.133 million at the end of the second quarter of the current fiscal year, reducing the balance subject to recoverability assessment. - FY2024-Q1MitigatedAnnual report
「Deferred tax assets 257,671 255,207」
Deferred tax assets decreased from ¥257.671 million at the end of the previous fiscal year to ¥255.207 million. - FY2023MitigatedAnnual report
「At the end of the consolidated fiscal year, deferred tax assets stood at ¥257.671 million, accounting for 4.3% of consolidated total assets.」
Deferred tax assets decreased from ¥313.199 million, or 5.8% of consolidated total assets, in the previous fiscal year to ¥257.671 million, or 4.3%. - FY2022MitigatedAnnual report
「At the end of the consolidated fiscal year, deferred tax assets stood at ¥313.199 million, accounting for 5.8% of consolidated total assets.」
Deferred tax assets decreased from ¥348.904 million, or 6.5% of consolidated total assets, in the previous fiscal year. The valuation allowance for tax loss carryforwards was also zero. - FY2021First statedAnnual report
「At the end of the consolidated fiscal year, deferred tax assets stood at ¥348.904 million, accounting for 6.5% of consolidated total assets. If actual taxable income differs from the forecast and a reassessment of recoverability becomes necessary, or if there is a change in tax legislation, including a change in tax rates, the deferred tax asset calculation will need to be reassessed.」
The ¥348.904 million deferred tax asset balance, or 6.5% of consolidated total assets, was identified for the first time as a key risk involving the risk of write-downs due to differences between taxable income forecasts and changes in tax legislation.