Risk of Higher Tax Burden and Profit Volatility Due to Expiration of Tax Loss Carryforwards
First written in FY2016. 2 of 3 entries say "Materialised", first in FY2017-Q3. Latest entry: FY2017.
Gunosy moved to the "Worse" side of this theme in 2017, 7 years before the typical company in this theme (2024).
The whole theme swung hardest in 2026: 28 of 54 companies on the "Worse" side.
5 other companies' latest entry also says "Materialised".
- FY2017MaterialisedAnnual report
「Tax loss carryforwards ¥240.124 million ¥0 million」
Tax loss carryforwards declined from ¥240.124 million in the previous fiscal year to zero, making the tax burden and earnings volatility arising from their expiration apparent on a full-year basis as well. - FY2017-Q3MaterialisedAnnual report
「In addition, the reduction in tax loss carryforwards resulted in the reversal of deferred tax assets, and an income tax adjustment expense of ¥79 million was recorded, reducing quarterly net income by the same amount.」
The reversal of deferred tax assets due to the reduction in tax loss carryforwards occurred, reducing quarterly net income by the same amount through an income tax adjustment expense of ¥79 million. - FY2016First statedAnnual report
「In the future, the expiration of tax loss carryforwards may result in the recognition of corporate income taxes and have a material impact on net income attributable to owners of the parent and operating cash flow of the Group.」
The Company explained that taxable income had been negative through the fiscal year before last and that substantial tax loss carryforwards had been recognized.