Recoverability Risk for Deferred Tax Assets
First written in FY2024. 1 of 3 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2020: 3 of 8 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The company recognizes deferred tax assets based on forecasts of future taxable income. If deterioration in earnings or other factors raises doubts about the recoverability of deferred tax assets, or if changes in accounting standards or corporate tax rates in the future require a reduction in deferred tax assets, the company's financial condition and operating results may be affected.」
The company continues to disclose the risk that deferred tax assets may be reduced due to deteriorating earnings, changes in accounting standards or changes in corporate tax rates. - FY2025-H1Noted the tax rate changeAnnual report
「Following amendments to tax laws, deferred tax assets related to temporary differences and other items expected to reverse in fiscal years beginning on or after 1 October 2026 are calculated using a statutory effective tax rate changed from 30.46% to 31.36%. The impact on profit or loss for the current interim accounting period is immaterial.」
Following the introduction of the special corporate defense tax, the statutory effective tax rate used to calculate deferred tax assets was changed from 30.46% to 31.36%, but the impact on profit or loss for the current interim accounting period is described as immaterial. - FY2024First statedAnnual report
「The company recognizes deferred tax assets based on forecasts of future taxable income. If deterioration in earnings or other factors raises doubts about the recoverability of deferred tax assets, or if changes in accounting standards or corporate tax rates in the future require a reduction in deferred tax assets, the company's financial condition and operating results may be affected.」
The company newly discloses the risk that deferred tax assets may be reduced due to deteriorating earnings, changes in accounting standards or changes in corporate tax rates.