Change in Presentation Classification Following Partial Amendments to the Tax-Effect Accounting Standards
First written in FY2020-Q1. 5 of 6 entries say "Restated". Latest entry: FY2022-Q2.
The whole theme swung hardest in 2024: 3 of 9 companies on the "Worse" side.
- FY2022-Q2RestatedAnnual report
「For items relating to the transition to the group aggregation system established under the Act Partially Amending the Income Tax Act and Other Acts (Act No. 8 of 2020), and to revisions to the single-company taxation system made in conjunction with that transition, we apply the treatment set out in Paragraph 3 of Practical Solution No. 39, Accounting Treatment for the Application of Tax Effect Accounting Related to the Transition from the Consolidated Taxation System to the Group Aggregation System, without applying Paragraph 44 of the Guidance on Recoverability of Deferred Tax Assets. Accordingly, deferred tax assets and deferred tax liabilities are calculated based on the provisions of the tax laws before amendment.」
The company continues to disclose as additional information its accounting policy for tax-effect accounting related to the transition to the group tax-sharing system. - FY2022-Q1RestatedAnnual report
「For items relating to the transition to the group aggregation system established under the Act Partially Amending the Income Tax Act and Other Acts (Act No. 8 of 2020), and to revisions to the single-company taxation system made in conjunction with that transition, we apply the treatment set out in Paragraph 3 of Practical Solution No. 39, Accounting Treatment for the Application of Tax Effect Accounting Related to the Transition from the Consolidated Taxation System to the Group Aggregation System, without applying Paragraph 44 of the Guidance on Recoverability of Deferred Tax Assets. Accordingly, deferred tax assets and deferred tax liabilities are calculated based on the provisions of the tax laws before amendment.」
The company continues to disclose in the additional information its accounting policy for tax-effect accounting following the transition to the group tax-sharing system. - FY2020RestatedAnnual report
「The Company applied the Partial Amendments to the Accounting Standard for Tax Effect Accounting (Accounting Standard No. 28, dated 16 February 2018) from the beginning of the current consolidated fiscal year. It changed the presentation of deferred tax assets to the Investments and Other Assets section and deferred tax liabilities to the Non-current Liabilities section, and also changed the notes relating to tax-effect accounting.」
The company reconfirms its policy of applying certain amendments to the accounting standard for tax-effect accounting from the beginning of the fiscal year and changing the presentation classification of deferred tax assets and liabilities. - FY2020-Q3RestatedAnnual report
「The partial amendments to the Accounting Standard for Tax Effect Accounting and other standards were adopted from the beginning of the first quarter consolidated accounting period. Deferred tax assets are presented under investments and other assets, while deferred tax liabilities are presented under fixed liabilities.」
The company reconfirms its policy of applying certain amendments to the accounting standard for tax-effect accounting from the beginning of the first-quarter consolidated accounting period and changing the presentation classification of deferred tax assets and liabilities. - FY2020-Q2RestatedAnnual report
「The partial amendments to the Accounting Standard for Tax Effect Accounting and other standards were adopted from the beginning of the first quarter consolidated accounting period. Deferred tax assets are presented under investments and other assets, while deferred tax liabilities are presented under fixed liabilities.」
The company reconfirms in the additional information its policy of applying certain amendments to the accounting standard for tax-effect accounting from the beginning of the first-quarter consolidated accounting period and changing the presentation classification of deferred tax assets and liabilities. - FY2020-Q1First statedAnnual report
「We have applied the Partial Amendments to the Accounting Standard for Tax Effect Accounting and other relevant standards from the beginning of the first quarter of the current fiscal year. Deferred tax assets are presented under investments and other assets, and deferred tax liabilities under non-current liabilities.」
The company applied certain amendments to the accounting standard for tax-effect accounting from the beginning of the current first-quarter consolidated accounting period and changed the presentation classification of deferred tax assets and liabilities.