Change in Statutory Effective Tax Rate Due to Capital Reduction
First written in FY2021-Q1. . Latest entry: FY2026.
2 other companies' latest entry also says "Other".
- FY2026Revised statutory effective tax rate applied againAnnual report
「As a result of reducing stated capital to ¥10,000 thousand effective 31 March 2026, the company became exempt from the external standard taxation component of enterprise tax. Accordingly, the statutory effective tax rate used to calculate deferred tax assets and liabilities was changed from 30.6% to 34.6%.」
The capital reduction made the company exempt from the external standard taxation component of enterprise tax, and the statutory effective tax rate was changed from 30.6% to 34.6%. - FY2022-Q1Further change appliedAnnual report
「During the first quarter of the current consolidated fiscal year, stated capital exceeded ¥100 million, making the company subject to the external standard taxation component of enterprise tax. Accordingly, the statutory effective tax rate used to calculate deferred tax assets and liabilities was changed from 34.6% to 30.6% for temporary differences and other items expected to reverse from the consolidated fiscal year beginning 1 April 2021 onward.」
Following the increase in stated capital through the exercise of the ninth series of stock acquisition rights, the statutory effective tax rate, which had been changed to 34.6% after the capital reduction, was changed back to 30.6%. - FY2021Further change in the statutory effective tax rateAnnual report
「As the issuance of shares through the exercise of the ninth series of stock acquisition rights with an exercise-price adjustment clause increased stated capital, the company became subject to the external standard taxation component of enterprise tax. Accordingly, the statutory effective tax rate used to calculate deferred tax assets and liabilities will be changed from 34.6% to 30.6% for temporary differences and other items expected to reverse from the following consolidated fiscal year onward.」
The statutory effective tax rate, which had been changed from 30.6% to 34.6% following the capital reduction, was to be changed back to 30.6% after stated capital increased through the exercise of the ninth series of stock acquisition rights. - FY2021-Q1First statedAnnual report
「As a result of reducing stated capital to ¥50,000 thousand effective 1 August 2020, the company became exempt from the external standard taxation component of enterprise tax. Accordingly, the statutory effective tax rate used to calculate deferred tax assets and liabilities was changed from 30.6% to 34.6% for temporary differences and other items expected to reverse from the consolidated fiscal year beginning 1 April 2020 onward.」
The capital reduction made the company exempt from the external standard taxation component of enterprise tax, and the statutory effective tax rate used to calculate deferred tax assets and liabilities was changed from 30.6% to 34.6%. The impact was considered immaterial.