Change in the Method of Calculating Quarterly Tax Expense
First written in FY2020-Q1. 2 of 3 entries say "Restated". Latest entry: FY2020-Q3.
4 other companies' latest entry also says "Restated".
- FY2020-Q3RestatedAnnual report
「Previously, tax expense was calculated using the estimated effective tax rate. From the first quarter of the fiscal year, the calculation method was changed to a simplified method based on the same method used for the annual financial statements, in order to reflect tax expense more appropriately in the quarterly consolidated financial statements.」
This reiterates the change in the method for calculating income tax expense from the first quarter consolidated accounting period as a change in accounting policy. - FY2020-Q2RestatedAnnual report
「Previously, tax expense was calculated using the estimated effective tax rate. From the first quarter of the fiscal year, the calculation method was changed to a simplified method based on the same method used for the annual financial statements, in order to reflect tax expense more appropriately in the quarterly consolidated financial statements.」
This reiterates the change in the method for calculating income tax expense from the first quarter consolidated accounting period as a change in accounting policy. - FY2020-Q1First statedAnnual report
「Income tax expense had previously been calculated using an estimated effective tax rate. From the first quarter consolidated accounting period, the calculation method was changed to a simplified method for income tax expense similar to that used in the annual financial statements, in order to reflect income tax expense more appropriately in the quarterly consolidated financial statements.」
The calculation method for income tax expense was changed from the first quarter consolidated accounting period to reflect income tax expense more appropriately in the quarterly consolidated financial statements.