Recoverability Risk of Deferred Tax Assets
First written in FY2022. 1 of 2 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2024: 7 of 28 companies on the "Worse" side.
29 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「In assessing the recoverability of deferred tax assets, we carefully examine the feasibility of the profit plan used as the basis for the assessment and recognize deferred tax assets based on taxable income estimated reasonably and conservatively. We also review recoverability regularly.」
The Company reconfirmed its policy of assessing deferred tax assets based on future taxable income using a conservative profit plan and reviewing recoverability regularly. - FY2022First statedAnnual report
「Deferred tax assets are calculated based on forecasts and assumptions regarding future taxable income. If those forecasts or assumptions change, or if tax reforms, including tax rate changes, or revisions to accounting standards are implemented, the deferred tax asset calculation may need to be reviewed, potentially affecting the Group's net income.」
The Company independently disclosed as a risk the possibility that deferred tax assets may be reassessed due to forecasts or assumptions regarding future taxable income, tax reforms and other factors, affecting net income.