Recoverability Risk for Deferred Tax Assets Due to Market Conditions and COVID-19
First written in FY2021. 1 of 3 entries say "Restated". Latest entry: FY2024.
Eri Holdings moved to the "Worse" side of this theme in 2024, 1 year after the typical company in this theme (2023).
The whole theme swung hardest in 2020: 20 of 62 companies on the "Worse" side.
0 other companies' latest entry also says "Softened".
- FY2024SoftenedAnnual report
「Of the key assumptions described in (2) above, sales in particular may be affected by changes in future uncertain economic conditions, including market conditions and demand trends. If actual economic conditions diverge from the assumptions and taxable income differs from the estimate, the amount of deferred tax assets reported in the consolidated financial statements for the following consolidated fiscal year may be materially affected.」
The risk concerning the recoverability of deferred tax assets continues, but the previously stated reference to the COVID-19 pandemic has been removed, with the risk now described as general uncertainty concerning market conditions, demand trends and other factors. - FY2022RestatedAnnual report
「Deferred tax assets 403,842 470,661」
The Company continues to recognize the risk that changes in taxable income due to market conditions, demand trends and the COVID-19 pandemic, among other factors, could affect the amount of deferred tax assets recognized in the following fiscal year. Deferred tax assets increased from ¥403.842 million to ¥470.661 million. - FY2021First statedAnnual report
「Of the key assumptions described in (2) above, sales in particular may be affected by changes in future uncertain economic conditions, including market conditions, demand trends and the impact of the COVID-19 pandemic. If actual economic conditions diverge from the assumptions and taxable income differs from the estimate, the amount of deferred tax assets reported in the consolidated financial statements for the following consolidated fiscal year may be materially affected.」
The Company newly stated explicitly that changes in taxable income due to market conditions, demand trends and the COVID-19 pandemic, among other factors, could materially affect the amount of deferred tax assets recognized in the following fiscal year, in connection with the recoverability of deferred tax assets of ¥403.842 million.