Rococo (5868) · RiskDropped
Application of the Size-Based Business Tax in Connection with the Listing
First written in FY2024-Q1. 1 of 3 entries say "Materialised", first in FY2024-Q1. Latest entry: FY2024.
3entries
2years
0from disclosures
How it moved
Same theme, other companies
Increased Tax Burden from External Standard Taxation upon ListingA theme 1 companies write about · 1 as a headwind · 0 as a tailwind
No other company in this theme has enough history to compare yet.
Full recordFilings, disclosures and news, newest first
- FY2024DroppedAnnual report
「Against this market backdrop, revenue performed broadly well, but costs increased because personnel expenses rose as the number of employees increased and billing rates rose, selling expenses such as sales activities and advertising increased to win new projects, and costs to strengthen relationships with customers, which is necessary for future growth, increased.」
The higher burden from pro forma business taxation following the listing was not specifically identified as a cost driver for the current fiscal year. - FY2024-H1RestatedAnnual report
「The burden of pro forma business taxation and other taxes increased.」
The increase in taxes and dues resulting from the application of pro forma business taxation following the listing continued to be cited as a cost driver. - FY2024-Q1MaterialisedAnnual report
「Taxes and dues increased after the Company became subject to the pro forma business taxation system following its listing.」
The disclosure described the structural change whereby the Company became subject to pro forma business taxation following its listing, resulting in higher taxes and dues.