Increased Tax Burden Due to the Exhaustion of Tax Loss Carryforwards and Tax Changes
First written in FY2024. 1 of 2 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2026: 28 of 54 companies on the "Worse" side.
29 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「During the interim accounting period, there were no new business or other risks and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company stated that there had been no material changes to the risk of a higher tax burden from the utilization of tax loss carryforwards or tax changes. - FY2024First statedAnnual report
「We have tax loss carryforwards. If our performance progresses favorably and the tax loss carryforwards are exhausted, or if a tax-law amendment eliminates the ability to deduct tax loss carryforwards from taxable income, we would record corporate, inhabitant and enterprise taxes at the ordinary tax rates, which could affect our business and performance.」
The company first explicitly identified the potential exhaustion of tax loss carryforwards or changes in tax law resulting in a normal-rate tax burden as a risk.