Adoption of Accounting Standards and Other Rules for Tax Effect Accounting
First written in FY2019-Q1. 2 of 5 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2024: 3 of 9 companies on the "Worse" side.
- FY2025AdvancedAnnual report
「We have applied the "Accounting Standard for Accounting for Income Taxes, Inhabitant Taxes and Enterprise Taxes" (Accounting Standards Board of Japan Statement No. 27, dated 28 October 2022; hereinafter, the "2022 Revised Accounting Standard") and other standards from the beginning of the current consolidated fiscal year.」
The company applied the 2022 amendments to the accounting standards and the implementation guidance for tax-effect accounting from the beginning of the current consolidated fiscal year. - FY2024-Q1AdvancedAnnual report
「Certain overseas consolidated subsidiaries of the Group have applied IAS 12 Income Taxes, including the clarification of the accounting treatment for deferred tax related to assets and liabilities arising from a single transaction, from the first quarter of the current consolidated fiscal year. The impact of applying this standard on the quarterly consolidated financial statements is immaterial.」
Overseas consolidated subsidiaries applied the amendments clarifying IAS 12 from the first quarter of the current consolidated fiscal year. The impact on the financial statements was described as immaterial. - FY2021RestatedAnnual report
「We expect that applying the accounting standards for revenue recognition and related standards will have no effect on retained earnings.」
The company continues to plan to apply the accounting standards for revenue recognition from the beginning of the fiscal year ending March 2022 and states that no effect on retained earnings is expected. - FY2019-Q3RestatedAnnual report
「The company has applied the partial amendment to the Accounting Standard for Tax Effect Accounting (Accounting Standard No. 28, 16 February 2018) and other standards from the beginning of the first quarter of the fiscal year under review. Deferred tax assets are presented under investments and other assets, while deferred tax liabilities are presented under non-current liabilities.」
The changes to the accounting standards for tax-effect accounting and the presentation classification applied from the beginning of the first quarter of the current consolidated fiscal year continue to be disclosed as additional information. - FY2019-Q1First statedAnnual report
「The partial amendments to the Accounting Standard for Tax Effect Accounting (Accounting Standards Board of Japan Statement No. 28, 16 February 2018) and other standards have been applied from the first quarter of the current consolidated fiscal year. Deferred tax assets are presented under investments and other assets, while deferred tax liabilities are presented under non-current liabilities.」
The company applied partial amendments to the accounting standards for tax-effect accounting and related guidance from the first quarter of the current consolidated fiscal year, changing the presentation classification of deferred tax assets and liabilities.