Change in Method of Calculating Tax Expense to Improve the Efficiency of Quarterly Financial Closing
First written in FY2020-Q1. 13 of 14 entries say "Restated". Latest entry: FY2026-H1.
79 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「Income taxes are calculated by reasonably estimating the effective tax rate after application of tax-effect accounting to profit before income taxes for the fiscal year including the six-month period, and multiplying interim profit before income taxes by the estimated effective tax rate. However, if calculating income taxes using the estimated effective tax rate would produce a materially unreasonable result, the statutory effective tax rate is used.」
The company continues to calculate income taxes using an estimated effective tax rate to improve the efficiency of interim financial reporting. - FY2025-H1RestatedAnnual report
「Income taxes are calculated by reasonably estimating the effective tax rate after applying tax-effect accounting to income before income taxes for the fiscal year including the interim accounting period, and multiplying interim income before income taxes by the estimated effective tax rate.」
The company continues to apply the interim reporting method under which income taxes are calculated using the estimated effective tax rate. - FY2024-Q2RestatedAnnual report
「Income taxes are calculated by reasonably estimating the effective tax rate after applying tax-effect accounting to income before income taxes for the fiscal year that includes the second quarter of the current fiscal year, and multiplying income before income taxes for the quarter by that estimated effective tax rate.」
The company continues to use the quarterly reporting method of calculating income taxes with an estimated effective tax rate. - FY2024-Q1RestatedAnnual report
「Income taxes are calculated by reasonably estimating the effective tax rate after applying tax-effect accounting to profit before income taxes for the fiscal year that includes the current first-quarter accounting period, and multiplying quarterly profit before income taxes by the estimated effective tax rate.」
The company continues to use the quarterly reporting method of calculating income taxes with an estimated effective tax rate. - FY2023-Q3RestatedAnnual report
「Income taxes are calculated by reasonably estimating the effective tax rate after applying tax-effect accounting to profit before income taxes for the fiscal year that includes the third quarter of the current fiscal year, and multiplying profit before income taxes for the quarter by that estimated effective tax rate.」
The company continues to calculate income taxes using an estimated effective tax rate. - FY2022-Q3RestatedAnnual report
「Income taxes are calculated by reasonably estimating the effective tax rate after applying tax-effect accounting to income before income taxes for the fiscal year including the third-quarter accounting period, and multiplying quarterly income before income taxes by the estimated effective tax rate.」
The company continues to calculate income taxes using an estimated effective tax rate. - FY2022-Q2RestatedAnnual report
「Income taxes are calculated by reasonably estimating the effective tax rate after applying tax-effect accounting to income before income taxes for the fiscal year that includes the second quarter of the current fiscal year, and multiplying income before income taxes for the quarter by that estimated effective tax rate.」
The company continues to calculate income taxes using an estimated effective tax rate. - FY2022-Q1RestatedAnnual report
「Income taxes are calculated by reasonably estimating the effective tax rate after applying tax-effect accounting to profit before income taxes for the fiscal year that includes the current first-quarter accounting period, and multiplying quarterly profit before income taxes by the estimated effective tax rate.」
The company continues to calculate income taxes using an estimated effective tax rate. - FY2021-Q3RestatedAnnual report
「Income taxes are calculated by reasonably estimating the effective tax rate after applying tax-effect accounting to profit before income taxes for the fiscal year that includes the third quarter of the current fiscal year, and multiplying profit before income taxes for the quarter by that estimated effective tax rate. However, if calculating income taxes using the estimated effective tax rate would produce a materially unreasonable result, the statutory effective tax rate is used.」
The company continues to calculate income taxes using an estimated effective tax rate. - FY2021-Q2RestatedAnnual report
「Income taxes are calculated by reasonably estimating the effective tax rate after applying tax-effect accounting to profit before income taxes for the fiscal year that includes the second quarter of the current fiscal year, and multiplying profit before income taxes for the quarter by that estimated effective tax rate. However, if calculating income taxes using the estimated effective tax rate would produce a materially unreasonable result, the statutory effective tax rate is used.」
The company continues to calculate income taxes using an estimated effective tax rate. - FY2021-Q1RestatedAnnual report
「Income taxes are calculated by reasonably estimating the effective tax rate after applying tax-effect accounting to profit before income taxes for the fiscal year that includes the first quarter of the current fiscal year, and multiplying profit before income taxes for the quarter by that estimated effective tax rate. However, if calculating income taxes using the estimated effective tax rate would produce a materially unreasonable result, the statutory effective tax rate is used.」
The company continues to calculate income taxes using an estimated effective tax rate to improve the efficiency of quarterly financial reporting. - FY2020-Q3RestatedAnnual report
「Previously, we calculated income taxes using the standard method. From the first quarter, we changed to a method of reasonably estimating the effective tax rate after applying tax-effect accounting to profit before income taxes for the current fiscal year, and calculating income taxes by multiplying profit before income taxes for the quarter by that estimated effective tax rate. As the impact of this change was immaterial, no retrospective application was made.」
The company continues to calculate income taxes using an estimated effective tax rate to improve the efficiency of quarterly financial reporting. - FY2020-Q2RestatedAnnual report
「Previously, we calculated income taxes using the standard method. To further improve the efficiency of quarterly financial reporting, from the first quarter we changed to a method of reasonably estimating the effective tax rate after applying tax-effect accounting to profit before income taxes for the current fiscal year, and calculating income taxes by multiplying profit before income taxes for the quarter by that estimated effective tax rate. As the impact of this change was immaterial, no retrospective application was made.」
The company continues to calculate income taxes using an estimated effective tax rate to improve the efficiency of quarterly financial reporting. - FY2020-Q1First statedAnnual report
「Previously, we calculated income taxes using the standard method. To further improve the efficiency of quarterly financial reporting, from the first quarter of the current fiscal year we changed to a method of reasonably estimating the effective tax rate after applying tax-effect accounting to profit before income taxes for the current fiscal year, and calculating income taxes by multiplying profit before income taxes for the quarter by that estimated effective tax rate. As the impact of this change was immaterial, no retrospective application was made.」
From the first quarter of the 57th fiscal year, the company changed to calculating income taxes using an estimated effective tax rate to improve the efficiency of quarterly financial reporting. The impact of the change was immaterial, so it was not applied retrospectively.