Income Tax Burden Associated with the Elimination of Tax Loss Carryforwards
First written in FY2020. 2 of 4 entries say "Restated". Latest entry: FY2026.
VisasQ moved to the "Worse" side of this theme in 2026, 2 years after the typical company in this theme (2024).
The whole theme swung hardest in 2026: 28 of 56 companies on the "Worse" side.
31 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Tax loss carryforwards (Note 1) － － ¥24.470 million ¥24.470 million」
Tax loss carryforwards totaled ¥24.470 million, up from ¥15.451 million in the previous fiscal year. A valuation allowance has been recognized for the full amount. - FY2025RestatedAnnual report
「Amounts of tax loss carryforwards and related deferred tax assets by expiration period」
Tax loss carryforwards of ¥15.451 million remain, and a valuation allowance has been recognized for the full amount. - FY2021RestatedAnnual report
「As of the end of the fiscal year ended February 2021, the Company had tax loss carryforwards. If the Company's results improve steadily in the future and the tax loss carryforwards are utilized, corporate income taxes and other taxes based on the normal tax rate will be recognized, which may affect the operating results and financial position of the Company and its group.」
The Company continues to disclose the existence of tax loss carryforwards and the risk of a corporate tax burden if they are utilized in the future. - FY2020First statedAnnual report
「As of the end of the fiscal year ended February 2020, the Company had tax loss carryforwards. If the Company's results improve steadily in the future and the tax loss carryforwards are utilized, corporate income taxes and other taxes based on the normal tax rate will be recognized, which may affect the Company's operating results and financial position.」
The possibility that corporate income taxes and other taxes at the normal tax rate will be recognized following the utilization of tax loss carryforwards is identified as a risk.