Changes in the Presentation of Deferred Tax Assets Following Application of Amendments to the Tax-Effect Accounting Standard
First written in FY2019-Q1. 3 of 4 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2024: 3 of 9 companies on the "Worse" side.
- FY2019RestatedAnnual report
「The Company applied from the beginning of the consolidated fiscal year the partial amendments to the Accounting Standard for Tax Effect Accounting (Accounting Standard No. 28, 16 February 2018; hereinafter, the "Partial Amendments to the Tax Effect Accounting Standard"). It also changed the presentation of deferred tax assets to the investments and other assets section and revised the notes related to tax-effect accounting.」
The Company states that it applied the tax-effect accounting standards and related provisions from the beginning of the fiscal year and changed the presentation of deferred tax assets and the notes related to tax-effect accounting for the full year as well. - FY2019-Q3RestatedAnnual report
「In addition, the Partial Amendments to the Accounting Standard for Tax Effect Accounting (Accounting Standards Board of Japan Statement No. 28, 16 February 2018) and related standards have been applied from the beginning of the first quarter of the current consolidated fiscal year. The financial position is compared and analysed against the previous consolidated fiscal year using figures after retrospective application of those accounting standards and related guidance.」
For the accounting standards for tax-effect accounting and related matters applied from the beginning of the first quarter of the consolidated fiscal year, the Company continued to compare and analyse results for the current quarter using figures after retrospective application. - FY2019-Q2RestatedAnnual report
「The Company has applied the partial amendments to the Accounting Standard for Tax Effect Accounting (Accounting Standard No. 28, 16 February 2018), among others, from the beginning of the first quarter of the current consolidated fiscal year. For its financial position, it compares and analyzes the figures for the previous consolidated fiscal year using figures after retrospective application of these accounting standards and related standards.」
For the accounting standards for tax-effect accounting and related matters applied from the beginning of the first quarter of the consolidated fiscal year, the Company continued to compare and analyse results for the current quarter using figures after retrospective application. - FY2019-Q1First statedAnnual report
「The “Partial Amendments to the Accounting Standard for Tax Effect Accounting” (ASBJ Statement No. 28, 16 February 2018) and other relevant standards have been applied from the beginning of the first quarter of the current consolidated fiscal year, and deferred tax assets are presented under investments and other assets.」
The revised tax-effect accounting standard and other related changes were applied from the beginning of the first quarter of the current consolidated fiscal year, and the presentation classification of deferred tax assets was changed.