Recognition of prior-period corporate taxes following a tax audit by the regional tax bureau
First written in FY2017. 3 of 4 entries say "Restated". Latest entry: FY2018.
The whole theme swung hardest in 2020: 20 of 62 companies on the "Worse" side.
72 other companies' latest entry also says "Restated".
- FY2018RestatedAnnual report
「We record deferred tax assets after carefully assessing their recoverability based on forecasts of future taxable income and other factors. However, if future business trends or other developments require us to reassess the recorded amount, this may affect the performance of our Group.」
The risk of reassessing the recorded amount of deferred tax assets based on future taxable income and business trends remains present. - FY2018-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The review concludes that there have been no material changes in the risk of reassessing the recoverability of deferred tax assets. - FY2018-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The review concludes that there have been no material changes in the risk of reassessing the recoverability of deferred tax assets. - FY2017First statedAnnual report
「We record deferred tax assets after carefully assessing their recoverability based on forecasts of future taxable income and other factors. However, if future business trends or other developments require us to reassess the recorded amount, this may affect the performance of our Group.」
The risk that the recorded amount of deferred tax assets will need to be reassessed based on future taxable income and business trends has been newly disclosed.