SmartDrive (5137) · RiskMitigated
Impact of Tax Loss Carryforwards on Tax Burden and Cash Flow
First written in FY2023. 1 of 2 entries say "Mitigated", first in FY2025. Latest entry: FY2025.
2entries
3years
0from disclosures
How it moved
Same theme, other companies
Increase in corporate tax burden due to the disallowance and reversal of tax loss carryforwardsA theme 125 companies write about · 125 as a headwind · 0 as a tailwind
The whole theme swung hardest in 2026: 28 of 56 companies on the "Worse" side.
19 other companies' latest entry also says "Mitigated".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 125 companies compared. The sentences above are computed from all 125.Full recordFilings, disclosures and news, newest first
- FY2025MitigatedAnnual report
「Tax loss carryforwards of ¥3,043,145 thousand existed during the consolidated fiscal year.」
Tax loss carryforwards decreased from ¥3,409,076 thousand in the previous period to ¥3,043,145 thousand. The risk remains, but the company describes the generation of taxable income and the reduction in tax loss carryforwards. - FY2023First statedAnnual report
「At the end of the tenth fiscal year, tax loss carryforwards of ¥3,409,076 thousand existed for tax purposes. At present, these tax loss carryforwards can reduce future tax payments by being deducted from future taxable income, but depending on future tax law amendments, it may not be possible to reduce tax payments.」
The company quantifies its tax loss carryforwards at ¥3,409,076 thousand and describes the potential impact on operating performance and cash flow of tax law amendments and a higher tax burden after the loss carryforwards are utilized.