Transfer Pricing and Other Additional Tax Assessments Against an Indonesian Subsidiary and Related Tax Litigation
First written in FY2026-H1. 1 of 2 entries say "Restated". Latest entry: FY2026.
0 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Amounts that have not been refunded because the objections were not accepted are included in other investments and other assets, specifically other long-term receivables, on the consolidated balance sheet, and have not been expensed.」
Tax litigation and objections concerning the Indonesian subsidiary’s additional tax assessments remain ongoing, and the annual report also confirmed the accounting treatment of the amounts that have not been refunded. - FY2026-H1First statedAnnual report
「Our consolidated subsidiary ダイキアルミニウム インダストリー インドネシア received a notice of additional tax assessment from the Indonesian tax authorities on 30 April 2024, ordering it to pay IDR 77,006 million by 30 May 2024 for transfer pricing and other matters arising from deficiencies in its corporate tax returns for fiscal 2019 and fiscal 2022. As the company could not accept the authorities’ findings, it filed an objection with the tax office that conducted the tax audit on 30 July 2024 (local time). Following completion of the tax office’s review, the objection was accepted with respect to IDR 7,912 million, but the company could not accept the remaining disallowed items and filed a lawsuit with the tax court on 14 July 2025. In addition, the company received a notice of additional tax assessment from the Indonesian tax authorities on 23 June 2025, ordering it to pay IDR 41,935 million by 22 July 2025 for transfer pricing and other matters arising from deficiencies in its corporate tax return for fiscal 2023. As the company could not accept the authorities’ findings, it filed an objection with the tax office that conducted the tax audit on 19 September 2025 (local time), and the matter is currently under review by the tax office. Depending on the outcome of the objections or tax litigation, penalties may be imposed in part.」
The Indonesian subsidiary received additional tax assessment notices concerning deficiencies in corporate tax returns for multiple fiscal years. In one case, the objection was not accepted in full and the matter was taken to the tax court, while another case remains under review by the tax office. The notices specify the additional tax amounts and also state that penalties may be imposed.