Adoption of Revised Tax Effect Accounting Standards and Changes in Deferred Tax Asset Presentation
First written in FY2019-Q1. 2 of 3 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2024: 3 of 9 companies on the "Worse" side.
155 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「The partial revision of the “Accounting Standard for Tax Effect Accounting” (Accounting Standards Board of Japan Statement No. 28, 16 February 2018; hereinafter, the “Partial Revision of the Tax Effect Accounting Standard”) was applied from the beginning of the consolidated fiscal year, and the presentation of deferred tax assets was changed to investments and other assets.」
The application of the Partial Revision of the Tax Effect Accounting Standard and the presentation of deferred tax assets under investments and other assets have continued for the full fiscal year. - FY2019-Q2RestatedAnnual report
「The Company has applied the “Partial Amendments to the Accounting Standard for Tax Effect Accounting” and other standards from the beginning of the first quarter of the consolidated fiscal year, and presents deferred tax assets under investments and other assets.」
The partial revisions to the tax effect accounting standards and related changes were applied from the beginning of the fiscal year, and the practice of presenting deferred tax assets under investments and other assets has continued. - FY2019-Q1First statedAnnual report
「The “Partial Amendments to the Accounting Standard for Tax Effect Accounting” (ASBJ Statement No. 28, 16 February 2018) and other relevant standards have been applied from the beginning of the first quarter of the current consolidated fiscal year, and deferred tax assets are presented under investments and other assets.」
The partial revisions to the tax effect accounting standards and related changes were applied from the beginning of the first quarter, and the presentation classification of deferred tax assets was changed.