Application of Tax Effect Accounting upon the Transition to the Group Tax-Sharing System
First written in FY2022-Q2. 4 of 6 entries say "Restated". Latest entry: FY2023-Q3.
The whole theme swung hardest in 2025: 1 of 12 companies on the "Worse" side.
105 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「The company and its domestic consolidated subsidiaries transitioned from the consolidated taxation system to the group tax sharing system from the beginning of the first quarter of the current fiscal year. Accordingly, the accounting treatment and disclosures for corporate income taxes, local corporate taxes and tax-effect accounting follow the treatment of accounting and disclosure when applying the group tax sharing system.」
The transition from the consolidated taxation system to the group aggregation system, implemented since the first quarter, and the related accounting treatment and disclosures are continuing. - FY2023-Q2RestatedAnnual report
「Our company and its domestic consolidated subsidiaries changed from the consolidated taxation system to the group relief system from the first-quarter consolidated accounting period.」
The transition from the consolidated taxation system to the group aggregation system, implemented since the previous quarter, and the related accounting treatment and disclosures are continuing. - FY2023-Q1AdvancedAnnual report
「The company and its domestic consolidated subsidiaries transitioned from the consolidated taxation system to the group tax sharing system from the beginning of the first quarter of the current fiscal year.」
The transition from the consolidated taxation system to the group aggregation system, which was scheduled for the previous fiscal year, moved to the implementation stage from the first quarter of fiscal 2022. - FY2022RestatedAnnual report
「The Company and its domestic consolidated subsidiaries will transition from the consolidated taxation system to the group aggregation system from the following consolidated fiscal year.」
The transition to the group aggregation system in the following fiscal year and the related tax effect accounting treatment based on tax legislation prior to the revision continue to be applied. - FY2022-Q3RestatedAnnual report
「The Company and its domestic consolidated subsidiaries will transition to the group aggregation system established under the Act Partially Amending the Income Tax Act and Other Acts (Act No. 8 of 2020), and for items subject to revisions to the single-company taxation system accompanying this transition, the Accounting Treatment for the Application of Tax Effect Accounting Related to the Transition from the Consolidated Taxation System to the Group Aggregation System」
The tax effect accounting treatment associated with the transition to the group aggregation system has been applied, as in the previous quarter. - FY2022-Q2First statedAnnual report
「With respect to the transition to the group tax-sharing system established under the Act Partially Amending the Income Tax Act and Other Acts (Act No. 8 of 2020), and matters for which the standalone taxation system was revised in connection with that transition, the Company and its domestic consolidated subsidiaries apply the treatment in Paragraph 3 of Practical Solution No. 39, Application of Tax Effect Accounting Related to the Transition from the Consolidated Taxation System to the Group Tax-Sharing System, and do not apply Paragraph 44 of the Guidance on Accounting Standard for Tax Effect Accounting. Deferred tax assets and liabilities are therefore measured based on the provisions of the tax laws before amendment.」
In connection with the transition to the consolidated taxation system, the Company describes the accounting treatment of calculating deferred tax assets and liabilities based on tax legislation prior to the revision.