Recoverability of deferred tax assets based on the assumption that the impact of COVID-19 will continue
First written in FY2021-Q2. 5 of 8 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2026: 5 of 22 companies on the "Worse" side.
- FY2024SoftenedAnnual report
「The impact to date of the spread of COVID-19 on the Company's production and sales is declining, but」
The filing states that the impact of COVID-19 on production and sales is declining, but does not explicitly state the previous assumption that the infection's impact would continue for purposes of assessing the recoverability of deferred tax assets. - FY2022RestatedAnnual report
「Given that it remains difficult to predict how the infection will spread or when it will subside and that uncertainty continues, the Company has made accounting estimates, including the recoverability of deferred tax assets, on the assumption that this level will continue for a certain period during the following fiscal year.」
The Company continues its practice of assessing the recoverability of deferred tax assets based on the assumption that the impact of COVID-19 will continue for a certain period during the following fiscal year. - FY2022-Q3WorsenedAnnual report
「Based on external information and other data available as of the end of the third quarter accounting period, the Company has made accounting estimates, including the recoverability of deferred tax assets, on the assumption that the impact will continue for a certain period during the fiscal year ending February 2023.」
The period covered by the assumption that the impact of COVID-19 will continue has been changed from the previously stated fiscal year ending February 2022 to the fiscal year ending February 2023, extending the period based on which the continuation of the impact is assumed. - FY2022-Q2RestatedAnnual report
「Based on external information and other data available as of the end of the second quarter accounting period, the Company has made accounting estimates, including the recoverability of deferred tax assets, on the assumption that the impact will continue for a certain period during the fiscal year ending February 2022.」
The Company continues its policy of assessing the recoverability of deferred tax assets based on the assumption that the impact of COVID-19 will continue for a certain period during the fiscal year ending February 2022. - FY2022-Q1RestatedAnnual report
「Based on external information and other data available as of the end of the first quarter consolidated accounting period, the Company has made accounting estimates, including the recoverability of deferred tax assets, on the assumption that the impact will continue for a certain period during the fiscal year ending February 2022.」
The Company continues to make accounting estimates, including the recoverability of deferred tax assets, based on the assumption that the impact of COVID-19 will continue for a certain period during the fiscal year ending February 2022. - FY2021RestatedAnnual report
「Based on external information and other data available as of the end of the current consolidated fiscal year, the Company has made accounting estimates, including the recoverability of deferred tax assets, on the assumption that the impact will continue for a certain period during the following consolidated fiscal year.」
The Company continues to assess the recoverability of deferred tax assets based on the assumption that the impact of COVID-19 will continue for a certain period during the following consolidated fiscal year. - FY2021-Q3RestatedAnnual report
「As a result of reversing a portion of deferred tax assets and recording ¥27.403 million in adjustments to corporate income taxes, the quarterly net loss attributable to owners of the parent was ¥38.645 million, compared with quarterly net income attributable to owners of the parent of ¥51.097 million in the same quarter of the previous year.」
In connection with accounting estimates based on the assumption that the impact of COVID-19 would continue, the Company recorded ¥27.403 million in adjustments to corporate income taxes from the partial reversal of deferred tax assets. - FY2021-Q2MaterialisedAnnual report
「As a result of reversing a portion of deferred tax assets and recording ¥30.546 million in adjustments to corporate income taxes, the quarterly net loss attributable to owners of the parent was ¥88.516 million, compared with a quarterly net loss attributable to owners of the parent of ¥47.371 million in the same quarter of the previous year.」
Based on the assumption that the impact of COVID-19 would continue for a certain period during the fiscal year ending February 2021, the Company made accounting estimates and actually recorded ¥30.546 million in adjustments to corporate income taxes from the partial reversal of deferred tax assets.