Application of Accounting Standards for Income Taxes
First written in FY2025-H1. 1 of 2 entries say "Achieved", first in FY2025. Latest entry: FY2025.
- FY2025AchievedAnnual report
「The Company has applied the Accounting Standard for Accounting for Income Taxes, Residents' Taxes and Enterprise Taxes and Other Taxes (Accounting Standard No. 27, 28 October 2022) and related standards from the beginning of the current consolidated fiscal year.」
The company applied the 2022 Revised Accounting Standard and other relevant standards, first applied in the previous interim period, from the beginning of the current consolidated fiscal year, and implemented the accounting policy of recognizing income taxes according to the transactions and other events giving rise to them. The company stated that there was no impact on the consolidated financial statements. - FY2025-H1First statedAnnual report
「The company has applied the Accounting Standard for Accounting for Income Taxes, Resident Taxes and Enterprise Taxes, etc. (Accounting Standard No. 27, 28 October 2022; hereinafter, the “2022 Revised Accounting Standard”), and other relevant standards from the beginning of the current interim consolidated accounting period. Previously, income taxes, resident taxes, enterprise taxes and other taxes on income, calculated in accordance with applicable laws and regulations, were recognized in profit or loss. Under the revised approach, income taxes on income are allocated among profit or loss, shareholders’ equity and other comprehensive income according to the transactions and other events giving rise to them. For income taxes recognized in accumulated other comprehensive income, the corresponding tax amount is recognized in profit or loss when the transaction or other event giving rise to those taxes is recognized in profit or loss. This change in accounting policy had no impact on the interim consolidated financial statements.」
The company applied the 2022 Revised Accounting Standard and other relevant standards from the beginning of the current interim consolidated accounting period and changed to a method of recognizing income taxes in profit or loss, shareholders’ equity or other comprehensive income according to the transactions and other events giving rise to them. The company stated that there was no impact on the interim consolidated financial statements.