Tax burden from the utilization of tax loss carryforwards and tax law changes
First written in FY2022. 1 of 3 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2026: 28 of 56 companies on the "Worse" side.
19 other companies' latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「The company has recognized deferred tax assets of ¥65.323 million in respect of tax loss carryforwards of ¥78.325 million, calculated by applying the statutory effective tax rate.」
Tax loss carryforwards decreased from ¥136.618 million in the previous fiscal year to ¥78.325 million, while the valuation allowance decreased from ¥107.018 million to ¥13.001 million. The risk of a future tax burden remains, but the balance has declined. - FY2023RestatedAnnual report
「However, depending on the details of future tax reforms, it may not be possible to reduce tax payments. In addition, if the tax loss carryforwards are eliminated, corporate income taxes and other taxes based on the applicable tax rate will arise and may affect the Group's financial results and cash flows.」
The company reiterates the tax benefits of tax loss carryforwards and the risk of a higher tax burden following tax reforms or the elimination of tax loss carryforwards. Tax loss carryforwards are stated at ¥136.618 million. - FY2022First statedAnnual report
「Tax loss carryforwards existed at the end of the current consolidated fiscal year. Generally, tax payments can be reduced by deducting tax loss carryforwards from taxable income. However, depending on the details of future tax reforms, it may not be possible to reduce tax payments.」
Tax loss carryforwards are stated at ¥142.409 million based on the statutory effective tax rate, indicating a potential impact on the tax burden in the future.