Streamlining Tax Expense Calculations in Quarterly Financial Reporting
First written in FY2018-Q1. 19 of 20 entries say "Restated". Latest entry: FY2024-Q3.
83 other companies' latest entry also says "Restated".
- FY2024-Q3RestatedAnnual report
「We reasonably estimate the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year and calculate tax expense by multiplying quarterly profit before income taxes by the estimated effective tax rate.」
The method of calculating quarterly tax expense using the estimated effective tax rate continues to be applied. - FY2024-Q2RestatedAnnual report
「We reasonably estimate the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year and calculate tax expense by multiplying quarterly profit before income taxes by the estimated effective tax rate.」
The method of calculating quarterly tax expense using the estimated effective tax rate continues to be applied. - FY2024-Q1RestatedAnnual report
「We reasonably estimate the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year and calculate tax expense by multiplying quarterly profit before income taxes by the estimated effective tax rate.」
The method of calculating quarterly tax expense using the estimated effective tax rate continues to be applied. - FY2023-Q3RestatedAnnual report
「We reasonably estimate the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year and calculate tax expense by multiplying quarterly profit before income taxes by the estimated effective tax rate.」
The method of calculating quarterly tax expense using the estimated effective tax rate continues to be applied. - FY2023-Q2RestatedAnnual report
「We reasonably estimate the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year and calculate tax expense by multiplying quarterly profit before income taxes by the estimated effective tax rate.」
The method of calculating quarterly tax expense using the estimated effective tax rate continues to be applied. - FY2023-Q1RestatedAnnual report
「We reasonably estimate the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year and calculate tax expense by multiplying quarterly profit before income taxes by the estimated effective tax rate.」
The method of calculating quarterly tax expense using the estimated effective tax rate continues to be applied. - FY2022-Q2RestatedAnnual report
「We reasonably estimate the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year and calculate tax expense by multiplying quarterly profit before income taxes by the estimated effective tax rate.」
The method of calculating quarterly tax expense using the estimated effective tax rate continues to be applied. - FY2022-Q1RestatedAnnual report
「We reasonably estimate the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year and calculate tax expense by multiplying quarterly profit before income taxes by the estimated effective tax rate.」
The method of calculating quarterly tax expense using the estimated effective tax rate continues to be applied. - FY2021-Q3RestatedAnnual report
「We reasonably estimate the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year and calculate tax expense by multiplying quarterly profit before income taxes by the estimated effective tax rate.」
The method of calculating quarterly tax expense using the estimated effective tax rate continues to be applied. - FY2021-Q2RestatedAnnual report
「We reasonably estimate the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year and calculate tax expense by multiplying quarterly profit before income taxes by the estimated effective tax rate.」
The method of calculating quarterly tax expense using the estimated effective tax rate continues to be applied. - FY2021-Q1RestatedAnnual report
「We reasonably estimate the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year and calculate tax expense by multiplying quarterly profit before income taxes by the estimated effective tax rate.」
The method of calculating quarterly tax expense using the estimated effective tax rate continues to be applied. - FY2020-Q3RestatedAnnual report
「We reasonably estimate the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year and calculate tax expense by multiplying quarterly profit before income taxes by the estimated effective tax rate.」
The method of calculating quarterly tax expense using the estimated effective tax rate continues to be applied. - FY2020-Q2RestatedAnnual report
「We reasonably estimate the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year and calculate tax expense by multiplying quarterly profit before income taxes by the estimated effective tax rate.」
The method of calculating quarterly tax expense using the estimated effective tax rate continues to be applied. - FY2020-Q1RestatedAnnual report
「We reasonably estimate the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year and calculate tax expense by multiplying quarterly profit before income taxes by the estimated effective tax rate.」
The method of calculating quarterly tax expense using the estimated effective tax rate continues to be applied. - FY2019-Q3RestatedAnnual report
「We reasonably estimate the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year and calculate tax expense by multiplying quarterly profit before income taxes by the estimated effective tax rate.」
The method of calculating tax expense using the estimated effective tax rate introduced from the first quarter continues to be applied. - FY2019-Q2RestatedAnnual report
「We reasonably estimate the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year and calculate tax expense by multiplying quarterly profit before income taxes by the estimated effective tax rate.」
The method of calculating tax expense using the estimated effective tax rate introduced from the first quarter continues to be applied. - FY2019-Q1RestatedAnnual report
「We reasonably estimate the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year and calculate tax expense by multiplying quarterly profit before income taxes by the estimated effective tax rate.」
The method of calculating tax expense using the estimated effective tax rate introduced from the first quarter continues to be applied. - FY2018-Q3RestatedAnnual report
「Previously, tax expense for the Company and its domestic consolidated subsidiaries was generally calculated using the standard method. As one measure to further improve the efficiency of the Group’s quarterly closing procedures, beginning with the first quarter, we changed the method to reasonably estimate the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year, including the quarterly consolidated accounting period, and calculate tax expense by multiplying quarterly profit before income taxes by the estimated effective tax rate.」
The method of calculating tax expense using the estimated effective tax rate introduced from the first quarter continues to be applied, and its impact is considered immaterial. - FY2018-Q2RestatedAnnual report
「Previously, tax expense for the Company and its domestic consolidated subsidiaries was generally calculated using the standard method. As one measure to further improve the efficiency of the Group’s quarterly closing procedures, beginning with the first quarter, we changed the method to reasonably estimate the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year, including the quarterly consolidated accounting period, and calculate tax expense by multiplying quarterly profit before income taxes by the estimated effective tax rate.」
The method of calculating tax expense using the estimated effective tax rate introduced from the first quarter continues to be applied, and its impact is considered immaterial. - FY2018-Q1First statedAnnual report
「As one measure to further improve the efficiency of the Group’s quarterly closing procedures, beginning with the first quarter of the current consolidated fiscal year, we changed the method of calculating tax expense. We reasonably estimate the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year, including the quarterly consolidated accounting period, and calculate tax expense by multiplying quarterly profit before income taxes by the estimated effective tax rate.」
To improve the efficiency of quarterly closing procedures, the Company changed its method of calculating tax expense from the first quarter to one using an estimated effective tax rate. The impact was immaterial, so no retrospective application was made.