Higher Tax Burden From the Expiry of Tax Loss Carryforwards
First written in FY2021. 3 of 4 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 28 of 56 companies on the "Worse" side.
28 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Because the Group has made aggressive investments in human resources, advertising and other areas to expand its business, tax loss carryforwards existed as of the end of the 14th consolidated fiscal year.」
The existence of tax loss carryforwards and the potential for an increased tax burden resulting from tax law revisions and the expiration of the carryforward period continue to be described. Tax loss carryforwards amounted to ¥680.451 million. - FY2024RestatedAnnual report
「Because the Group has made aggressive investments in human resources, advertising and other areas to expand its business, tax loss carryforwards existed as of the end of the 13th consolidated fiscal year.」
The existence of tax loss carryforwards and the potential for a future increase in the tax burden continue to be described. - FY2022RestatedAnnual report
「Tax loss carryforwards existed as of the end of the consolidated fiscal year.」
The existence of tax loss carryforwards and the potential for an increased tax burden resulting from tax law revisions and the expiration of the carryforward period continue to be described. Consolidated tax loss carryforwards amounted to ¥838.880 million. - FY2021First statedAnnual report
「Because the Company has made aggressive investments in human resources, advertising and other areas to expand its business, tax loss carryforwards existed as of the end of the 10th fiscal year. Changes in tax legislation or the expiration of the carryforward period could cause these tax losses to expire, making it impossible to reduce the tax burden and potentially increasing corporate income taxes, inhabitants' taxes and enterprise taxes, which could affect net income and cash flow.」
The existence of tax loss carryforwards and the potential for an increased tax burden resulting from tax law revisions and the expiration of the carryforward period are described.