Internet Initiative Japan (3774) · FactRestated
Application of IAS 12 “Income Taxes” and retrospective adjustment
First written in FY2024-Q1. 1 of 2 entries say "Restated". Latest entry: FY2024-Q2.
2entries
1years
0from disclosures
How it moved
Same theme, other companies
Retrospective Restatement and Deferred Tax Adjustments upon Applying IAS 12A theme 1 companies write about · 0 as a headwind · 1 as a tailwind
No other company in this theme has enough history to compare yet.
Full recordFilings, disclosures and news, newest first
- FY2024-Q2RestatedAnnual report
「The Group has applied IAS 12, Income Taxes (revised in May 2021), from the first quarter of the current consolidated fiscal year.」
The Company continues to apply IAS 12 and has reconfirmed the retrospective adjustments to the financial statements for the previous consolidated fiscal year and their effects on retained earnings and other accounts. - FY2024-Q1First statedAnnual report
「The Group has applied IAS 12, Income Taxes (revised in May 2021), from the first quarter of the current consolidated fiscal year.」
Application of IAS 12 resulted in retrospective adjustments to the financial statements for the previous consolidated fiscal year, increasing deferred tax assets and retained earnings by ¥125 million. The ¥111 million cumulative effect was reflected in the opening balance of retained earnings for the first quarter of the previous fiscal year.