Accounting Estimates Concerning the Recoverability of Deferred Tax Assets
First written in FY2021. 4 of 5 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2022: 10 of 35 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「If these estimates and assumptions need to be revised due to changes in uncertain future economic conditions or other factors, they may have a material impact on the amounts of deferred tax assets and income taxes deferred recognized in the consolidated financial statements for the following consolidated fiscal year.」
The potential impact of changes in economic conditions on the financial statements for the following fiscal year continues to be disclosed in relation to the recoverability of deferred tax assets. - FY2024RestatedAnnual report
「If these estimates and assumptions need to be revised due to changes in uncertain future economic conditions or other factors, they may have a material impact on the amounts of deferred tax assets and income taxes deferred recognized in the consolidated financial statements for the following consolidated fiscal year.」
The potential impact of changes in economic conditions on the financial statements for the following fiscal year continues to be disclosed in relation to the recoverability of deferred tax assets. - FY2023RestatedAnnual report
「If these estimates and assumptions need to be revised due to changes in uncertain future economic conditions or other factors, they may have a material impact on the amounts of deferred tax assets and income taxes deferred recognized in the consolidated financial statements for the following consolidated fiscal year.」
The potential impact of changes in economic conditions on the financial statements for the following fiscal year continues to be disclosed in relation to the recoverability of deferred tax assets. - FY2022RestatedAnnual report
「If these estimates and assumptions need to be revised due to changes in uncertain future economic conditions or other factors, they may have a material impact on the amounts of deferred tax assets and income taxes deferred recognized in the consolidated financial statements for the following consolidated fiscal year.」
The assessment of deferred tax asset recoverability based on earning capacity, tax planning and future taxable temporary differences, as well as the potential impact of changes in economic conditions, continues to be disclosed. - FY2021First statedAnnual report
「The recoverability of deferred tax assets is assessed based on whether they are expected to reduce future tax payments. This assessment is made by determining whether any of the following conditions is met: the sufficiency of taxable income before adding or deducting temporary differences and other items based on earning capacity, the sufficiency of such taxable income based on tax planning, or the sufficiency of future taxable temporary differences.」
For the recoverability of deferred tax assets, the assessment method based on earning capacity, tax planning and future taxable temporary differences, as well as the possibility that changes in economic conditions may affect the amount for the following fiscal year, has been disclosed as a separate topic for the first time.