Transition to the group tax sharing system
First written in FY2023-Q1. 1 of 2 entries say "Restated". Latest entry: FY2023-Q2.
15 other companies' latest entry also says "Restated".
- FY2023-Q2RestatedAnnual report
「The company and certain domestic consolidated subsidiaries have transitioned from the consolidated taxation system to the group tax sharing system from the first quarter. Accordingly, the accounting and disclosure treatment for corporation tax, local corporation tax and tax effect accounting is conducted in accordance with Practical Solution on the Accounting and Disclosure under the Group Tax Sharing System (ASBJ PITF No. 42, 12 August 2021, hereinafter “ASBJ PITF No. 42”).」
The Company has continued to apply the transition to the group relief system and the related accounting and disclosure policies. - FY2023-Q1First statedAnnual report
「The Company and certain domestic consolidated subsidiaries have changed from the consolidated taxation system to the group relief system from the first quarter of the current consolidated fiscal year. Accordingly, the accounting treatment and disclosures for corporate and local corporate taxes and tax-effect accounting comply with Practical Solution Report No. 42, Accounting and Disclosure Under the Group Relief System.」
From the first quarter of the current consolidated fiscal year, the Company and certain domestic consolidated subsidiaries changed from the consolidated taxation system to the group relief system. The impact of the change in accounting policy accompanying the transition is deemed to be nil.