Use of Tax Loss Carryforwards and Cash Flow Improvement under the Consolidated Taxation System
First written in FY2017. 1 of 5 entries say "Restated". Latest entry: FY2023-Q1.
12 other companies' latest entry also says "Achieved".
- FY2023-Q1AchievedAnnual report
「The Company and certain domestic consolidated subsidiaries transitioned from the consolidated taxation system to the group tax-sharing system from the beginning of the first quarter of the current consolidated fiscal year.」
The planned transition from the consolidated taxation system to the group aggregation system was implemented from the current first quarter. - FY2022AdvancedAnnual report
「The Company and certain consolidated subsidiaries will transition from the consolidated taxation system to the group aggregation system from the next consolidated fiscal year.」
The planned transition from the consolidated taxation system to the group aggregation system was specified as scheduled to apply from the following consolidated fiscal year, making the system transition more concrete. - FY2021-Q1ReframedAnnual report
「With respect to the transition by the company and certain domestic consolidated subsidiaries to the group aggregation system established under the Act Partially Amending the Income Tax Act and Other Laws (Act No. 8 of 2020), and items for which the standalone taxation system was revised in connection with that transition, we have applied the treatment in Paragraph 3 of the Practical Response Report on the Application of Tax Effect Accounting for the Transition from the Consolidated Taxation System to the Group Aggregation System (Practical Response Report No. 39, dated 31 March 2020). Accordingly, Paragraph 44 of the Implementation Guidance on Tax Effect Accounting has not been applied, and deferred tax assets and liabilities are measured based on the provisions of the tax laws before amendment.」
The accounting treatment for tax effects associated with the transition from the former consolidated taxation system to the group aggregation system is disclosed, clarifying the assumptions underlying the tax system. - FY2020RestatedAnnual report
「Accordingly, from the fiscal year ended March 2017, we have applied the consolidated taxation system to our company and 株式会社エーアイエス from the perspective of tax management, with the aim of improving cash flow and utilizing tax loss carryforwards across the Group as a whole.」
The policy of using tax loss carryforwards under the consolidated taxation system and improving cash flow across the Group continues to be disclosed. - FY2017First statedAnnual report
「Accordingly, from the fiscal year ended March 2017, we have applied the consolidated taxation system to our company and 株式会社エーアイエス from the perspective of tax management, with the aim of improving cash flow and utilizing tax loss carryforwards across the Group as a whole.」
The consolidated taxation system was applied from the fiscal year ended March 2017 to offset our tax loss carryforwards against consolidated taxable income and improve cash flow across the Group.