Assessment of Deferred Tax Asset Recoverability Based on Market Demand Forecasts and Production Plans
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2024-Q3.
The whole theme swung hardest in 2020: 20 of 60 companies on the "Worse" side.
74 other companies' latest entry also says "Restated".
- FY2024-Q3RestatedAnnual report
「During the cumulative nine-month period, there were no occurrences of the major risks that management recognizes as potentially having a material effect on the company's financial position, operating results or cash flows, among the matters concerning the business and accounting conditions described in this quarterly report, and there were no material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
States that there have been no material changes in the risks associated with assessing the recoverability of deferred tax assets based on market demand forecasts and production plans. - FY2022RestatedAnnual report
「The key assumptions are primarily market demand forecasts and production plans.」
Continues to regard market demand forecasts and production plans as key assumptions in assessing the recoverability of deferred tax assets. - FY2021First statedAnnual report
「The recoverability of deferred tax assets depends largely on estimates of future taxable income, and forecasts of taxable income may change depending on future market demand trends, the status of our production activities and other factors.」
States that changes in estimates of future taxable income based on market demand trends and production activities are factors affecting the recoverability of deferred tax assets.