Risk of corporate income tax arising after carried-forward tax losses are utilized
First written in FY2017. 8 of 9 entries say "Restated". Latest entry: FY2023-Q3.
The whole theme swung hardest in 2026: 28 of 56 companies on the "Worse" side.
28 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company has disclosed that there have been no material changes regarding the risk of corporate taxes and other taxes arising after the utilization of tax loss carryforwards. - FY2022RestatedAnnual report
「For the fiscal year ended March 2022, the company had tax loss carryforwards and was not subject to corporate tax, inhabitant tax or enterprise tax based on income. Taxable income for the fiscal year ending March 2023 was also expected to be negative.」
The company reconfirmed the risk of taxable income arising in the future by indicating that it had tax loss carryforwards in the fiscal year ended March 2022 and that taxable income for the fiscal year ending March 2023 was also expected to be negative. - FY2020RestatedAnnual report
「For the fiscal year ended March 2020, the company had tax loss carryforwards and was not subject to corporate tax, inhabitant tax or enterprise tax based on income. Taxable income for the fiscal year ending March 2021 was also expected to be negative.」
The company continues to disclose the risk of taxable income arising in the future, while indicating its tax loss carryforwards and outlook for negative taxable income for the fiscal year ending March 2021. - FY2019RestatedAnnual report
「For the fiscal year ended March 2019, the company had tax loss carryforwards and was not subject to corporate tax, inhabitant tax or enterprise tax based on income. Taxable income for the fiscal year ending March 2020 was also expected to be negative.」
The company continues to disclose the risk of taxable income arising in the future, while indicating its tax loss carryforwards for the fiscal year ended March 2019 and its outlook for negative taxable income for the fiscal year ending March 2020. - FY2019-Q1RestatedAnnual report
「During the cumulative first-quarter period, there were no new business or other risks and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company has disclosed that there have been no material changes regarding the risk of corporate taxes and other taxes arising after the utilization of tax loss carryforwards. - FY2018RestatedAnnual report
「However, if the company's performance progresses favorably and taxable income exceeding its tax loss carryforwards arises, or if corporate tax, inhabitant tax and enterprise tax based on income arise as a result of tax reforms, this may affect planned net income or net loss for the period and cash flow.」
The company continues to disclose the risk of corporate taxes and other taxes arising after the utilization of tax loss carryforwards. - FY2018-Q3RestatedAnnual report
「During the nine months ended September, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the prior fiscal year.」
The company has disclosed that there have been no material changes regarding the risk of corporate taxes and other taxes arising after the utilization of tax loss carryforwards. - FY2018-Q2RestatedAnnual report
「During the six months ended June, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the prior fiscal year.」
The company has disclosed that there have been no material changes regarding the risk of corporate taxes and other taxes arising after the utilization of tax loss carryforwards. - FY2017First statedAnnual report
「However, if the company's performance progresses favorably and taxable income exceeding its tax loss carryforwards arises, or if corporate tax, inhabitant tax and enterprise tax based on income arise as a result of tax reforms, this may affect planned net income or net loss for the period and cash flow.」
The risk that taxable income or a tax burden arising from tax reforms after the utilization of tax loss carryforwards will affect profit and cash flow has been explicitly disclosed for the first time.