Estimation Risk Relating to the Recoverability of Deferred Tax Assets
First written in FY2022. 1 of 2 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2023: 4 of 11 companies on the "Worse" side.
2 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The recoverability of deferred tax assets is assessed based on estimated taxable income calculated from future business plans. If actual taxable income differs from the estimate from the next consolidated fiscal year onward due to factors such as deterioration in the business environment, this may affect the amount of deferred tax assets recognized by the Company and its consolidated subsidiaries.」
The assessment of deferred tax asset recoverability based on future earnings forecasts and business plans continues. Deferred tax assets decreased from ¥105.239 million to ¥74.574 million. - FY2022First statedAnnual report
「The recoverability of deferred tax assets is assessed. The assessment is based on estimated taxable income calculated from future business plans. If actual taxable income differs from the estimate from the next consolidated fiscal year onward due to factors such as further deterioration in the business environment, this may affect the amount of deferred tax assets recognized by the Company and its consolidated subsidiaries.」
For deferred tax assets of ¥105.239 million, recoverability is assessed based on expected future taxable income and the business environment. The potential impact on the amount if actual results differ from estimates is disclosed separately for the first time as a material accounting estimate.