Change in Presentation Classification Due to Amendments to the Tax Effect Accounting Standards
First written in FY2019-Q1. 3 of 4 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2024: 1 of 7 companies on the "Worse" side.
- FY2021RestatedAnnual report
「The partial amendments to the Accounting Standard for Tax Effect Accounting (Accounting Standards Board of Japan Statement No. 28, 16 February 2018) and other standards have been applied from the beginning of the 70th fiscal period. Accordingly, the key management indicators and other figures for the 69th fiscal period reflect the retrospective application of these accounting standards and other requirements.」
The retrospective application of presentation and indicators resulting from amendments to the tax-effect accounting standards continues. - FY2019-Q3RestatedAnnual report
「We have applied the “Partial Amendments to Accounting Standards for Tax Effect Accounting” (ASBJ Statement No. 28, 16 February 2018) and other standards from the beginning of the first quarter of the current consolidated fiscal year. Deferred tax assets are presented under investments and other assets, while deferred tax liabilities are presented under non-current liabilities.」
The company continues to apply the changes in the presentation categories for deferred tax assets and liabilities resulting from revisions to the tax-effect accounting standards. - FY2019-Q2RestatedAnnual report
「We applied the Partial Amendments to the Accounting Standard for Tax Effect Accounting (Accounting Standard No. 28, 16 February 2018) and related standards from the beginning of the first quarter. Deferred tax assets are presented under investments and other assets, while deferred tax liabilities are presented under non-current liabilities.」
The company continues to apply the changes in the presentation categories for deferred tax assets and liabilities resulting from revisions to the tax-effect accounting standards. - FY2019-Q1First statedAnnual report
「We have applied the Partial Amendments to Accounting Standard for Tax Effect Accounting (ASBJ Statement No. 28, 16 February 2018) and related standards from the beginning of the first quarter of the current consolidated fiscal year. Deferred tax assets are presented under investments and other assets, and deferred tax liabilities under non-current liabilities.」
The amendments to the accounting standards for tax effect accounting were applied from the beginning of the first quarter, changing the presentation of deferred tax assets and liabilities.