Recoverability Risk of Deferred Tax Assets
First written in FY2018. 3 of 17 entries say "Materialised", first in FY2019. Latest entry: FY2026.
Awa Paper & Technological Company moved to the "Worse" side of this theme in 2019, 3 years before the typical company in this theme (2022).
The whole theme swung hardest in 2024: 7 of 28 companies on the "Worse" side.
3 other companies' latest entry also says "Other".
- FY2026Update to Full-Year Deferred Tax Asset AmountAnnual report
「As stated in the notes under “Significant Accounting Estimates,” the Group has recorded deferred tax assets of ¥29.765 million.」
Consolidated deferred tax assets decreased from ¥202.201 million in the previous fiscal year to ¥29.765 million, and the valuation allowance for tax loss carryforwards became the full amount. - FY2026-H1Update to the amount of interim deferred tax assets recordedAnnual report
「Deferred tax assets 202,201 152,190」
Consolidated deferred tax assets decreased from ¥202.201 million at the end of March 2025 to ¥152.190 million at the end of September 2025. - FY2025Update to the amount of deferred tax assets recordedAnnual report
「As stated in the notes under “Significant Accounting Estimates,” the Group has recorded deferred tax assets of ¥202.201 million.」
Consolidated deferred tax assets increased from ¥112.885 million in the previous fiscal year to ¥202.201 million. Recoverability is estimated based on plans that include future taxable income and subsidy income associated with the new Komatsushima plant. - FY2025-H1Update to the amount of interim deferred tax assets recordedAnnual report
「Deferred tax assets 112,885 91,618」
Consolidated deferred tax assets decreased from ¥112.885 million at the end of March 2024 to ¥91.618 million at the end of September 2024. - FY2024Update to the amount of deferred tax assets recordedAnnual report
「As stated in the notes under “Tax Effect Accounting,” the Group has recorded deferred tax assets of ¥112.885 million.」
Consolidated deferred tax assets decreased from ¥156.356 million to ¥112.885 million, while the valuation allowance amounted to ¥1,319.177 million. - FY2024-Q3Update to the amount of deferred tax assets recordedAnnual report
「Deferred tax assets 156,356 123,418」
Consolidated deferred tax assets decreased from ¥156.356 million at the end of March 2023 to ¥123.418 million at the end of December 2023. - FY2024-Q2Update to the amount of deferred tax assets recordedAnnual report
「Deferred tax assets 156,356 150,399」
Consolidated deferred tax assets decreased from ¥156.356 million at the end of March 2023 to ¥150.399 million at the end of September 2023. - FY2023Update to the amount of deferred tax assets recordedAnnual report
「As stated in the notes under “Tax Effect Accounting,” the Group has recorded deferred tax assets of ¥156.356 million.」
Consolidated deferred tax assets increased from ¥143.469 million in the previous fiscal year to ¥156.356 million, while the valuation allowance related to recoverability amounted to ¥1,304.554 million. - FY2023-Q3Update to the amount of deferred tax assets recordedAnnual report
「Deferred tax assets 143,469 124,170」
Deferred tax assets decreased from ¥143.469 million at the end of March 2022 to ¥124.170 million at the end of December 2022. - FY2023-Q2Update to the amount of deferred tax assets recordedAnnual report
「Deferred tax assets 143,469 144,001」
Deferred tax assets increased from ¥143.469 million at the end of March 2022 to ¥144.001 million at the end of September 2022. - FY2023-Q1Update to the amount of deferred tax assets recordedAnnual report
「Deferred tax assets 143,469 181,513」
Deferred tax assets increased from ¥143.469 million at the end of March 2022 to ¥181.513 million at the end of June 2022. - FY2022Update to the amount of deferred tax assets recordedAnnual report
「As stated in the notes under “Tax Effect Accounting,” the Group has recorded deferred tax assets after deducting a valuation allowance of ¥1,191.177 million, which is estimated to be unrecoverable.」
Deferred tax assets increased from ¥14.630 million in the previous fiscal year to ¥143.469 million, while the valuation allowance amounted to ¥1,191.177 million. - FY2021MaterialisedAnnual report
「The Group has recorded deferred tax assets of ¥14.630 million. However, as stated in the notes to the financial statements under “Tax Effect Accounting,” the Company has not recorded deferred tax assets after deducting a valuation allowance of ¥1,382.162 million, which is estimated to be unrecoverable.」
Regarding the recoverability of deferred tax assets, a valuation allowance of ¥1,382.162 million was deducted, and no deferred tax assets were recorded in the non-consolidated financial statements. - FY2019MaterialisedAnnual report
「Profit attributable to owners of the parent was ¥36 million, compared with a loss attributable to owners of the parent of ¥1,219 million in the same period of the previous year, partly because deferred tax assets were reversed.」
The reversal of deferred tax assets had an actual impact on full-year profit attributable to owners of the parent. Deferred tax assets on the consolidated balance sheet also declined from ¥655.388 million to ¥518.766 million. - FY2018First statedAnnual report
「Deferred tax assets are recognized after assessing their recoverability based on forecasts of future taxable income. If actual taxable income differs from the forecast and a reassessment of recoverability becomes necessary, or if tax laws are amended, including changes in tax rates, deferred tax assets may be reversed, which could affect our group’s results.」
The risk of reversing deferred tax assets due to differences between forecast and actual future taxable income or tax-law amendments was disclosed as a separate item for the first time.