Tax burden from the elimination or expiration of tax loss carryforwards
First written in FY2023. 1 of 2 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2026: 28 of 56 companies on the "Worse" side.
28 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「At the end of July 2024, the company had tax loss carryforwards, which were expected to reduce its future corporate tax burden. However, if these tax loss carryforwards are utilized or expire in the future, a tax burden based on the standard tax rate will arise, which could affect the company's operating results and financial position.」
While tax loss carryforwards reduce the future tax burden, the company continues to face the risk of an increased tax burden when they are utilized or expire. - FY2023First statedAnnual report
「At the end of July 2023, the company had tax loss carryforwards, which were expected to reduce its future corporate tax burden. However, if these tax loss carryforwards are utilized or expire in the future, a tax burden based on the standard tax rate will arise, which could affect the company's operating results and financial position.」
The company recorded tax loss carryforwards of ¥57.555 million and, for the first time, disclosed as a standalone item the risk of an increased tax burden, expected to arise in 1 to 2 years.