Transitional Measures for Tax-Effect Accounting in Connection with the Transition to the Group Tax Sharing System
First written in FY2022-Q1. 1 of 4 entries say "Restated". Latest entry: FY2023-Q1.
The whole theme swung hardest in 2025: 1 of 12 companies on the "Worse" side.
71 other companies' latest entry also says "Achieved".
- FY2023-Q1AchievedAnnual report
「The Company and certain domestic consolidated subsidiaries transitioned from the consolidated tax payment system to the group relief system from the first quarter of the fiscal year.」
The transition to the group relief system planned for the previous fiscal year was implemented from the first quarter, and accounting and disclosure based on the system were applied. - FY2022AdvancedAnnual report
「Beginning at the start of the following consolidated fiscal year, the Company planned to apply the Practical Solution on Accounting and Disclosure under the Group Tax-Sharing System (Practical Solution Report No. 42, 12 August 2021), which prescribes accounting and disclosure treatments for corporate and local corporate taxes and tax-effect accounting when applying the group tax-sharing system.」
The Company explicitly stated its plan to apply the new accounting and disclosure treatment for the group relief system from the beginning of the fiscal year ending March 2023. - FY2022-Q3RestatedAnnual report
「The Company and certain domestic consolidated subsidiaries calculate the amounts of deferred tax assets and deferred tax liabilities based on the provisions of the tax laws before amendment. (Excerpt)」
The policy of applying transitional treatment for tax-effect accounting accompanying the transition to the group relief system has continued. - FY2022-Q1First statedAnnual report
「With respect to the transition by the Company and certain domestic consolidated subsidiaries to the group relief system established under the Act Partially Amending the Income Tax Act and Other Legislation (Act No. 8 of 2020), and items affected by the concurrent revision of the standalone tax payment system, the Company applies the provisions of the tax laws before amendment, pursuant to paragraph 3 of the Treatment of Tax Effect Accounting for the Transition from the Consolidated Tax Payment System to the Group Relief System (ASBJ PITF No. 39, 31 March 2020).」
For tax-effect accounting accompanying the transition to the group relief system, the Company stated a policy of calculating deferred tax assets and liabilities based on the tax laws before amendment under the transitional treatment.