Higher tax burden due to the use or expiration of tax loss carryforwards
First written in FY2019. 1 of 2 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2026: 29 of 61 companies on the "Worse" side.
29 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「If, as our results progress favorably, tax loss carryforwards are used or expire and consequently cease to be available as deductions against taxable income, we may incur corporate tax, inhabitant tax and enterprise tax based on the normal corporate tax rate, which could affect our results.」
Continued disclosure of the risk that the tax burden will increase due to the use or expiration of tax loss carryforwards. - FY2019First statedAnnual report
「If, as our results progress favorably, tax loss carryforwards are used or expire and consequently cease to be available as deductions against taxable income, we may incur corporate tax, inhabitant tax and enterprise tax based on the normal corporate tax rate, which could affect our results.」
Newly stated the risk that the tax burden may increase if tax loss carryforwards cannot be used as deductions because they are used up or expire, in connection with the policy of utilizing tax loss carryforwards under the consolidated taxation system.