FY2025-H1First statedAnnual report
「Previously, the company and certain consolidated subsidiaries calculated income taxes by reasonably estimating the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year including the quarterly consolidated accounting period, and multiplying quarterly profit before income taxes by that estimated effective tax rate. However, following the application of the Accounting Standard for Interim Financial Statements (Accounting Standard No. 33, 22 March 2024) and other standards from the current interim consolidated accounting period, the company has changed to a simplified method of calculating income taxes using the same method as for annual financial statements.」
Taking the abolition of the quarterly reporting system as an opportunity, the company reviewed its interim reporting procedures and changed to calculating income taxes using the same method as for annual financial statements. As a result of retrospective application, income taxes for the interim period of the previous fiscal year decreased by ¥10,772 million.