Recoverability of Deferred Tax Assets and Tax-Reform Risk
First written in FY2021. 6 of 9 entries say "Restated". Latest entry: 2026-05-14.
1 other company's latest entry also says "Other".
- 2026-05-14OtherRevision of earnings forecasts
「We estimated future taxable income as of the current date and reviewed the recoverability of deferred tax assets in light of the effects of allowing previously recorded valuation losses and other factors. As a result, we recorded ¥48.142 million as an income tax adjustment gain in the fourth quarter of the current consolidated fiscal year.」
The company disclosed the recognition of an income tax adjustment gain, together with the amount, following its review of the recoverability of deferred tax assets based on estimated future taxable income. - FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period under review, there were no new business and other risks, changes to such risks, or material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to existing risks, including the recoverability of deferred tax assets and the risk of reductions resulting from tax changes and revisions to accounting standards. - FY2025Disclosure of tax rate changes due to the special defense corporate taxAnnual report
「Accordingly, deferred tax assets and deferred tax liabilities related to temporary differences and other items expected to reverse in or after the consolidated fiscal year beginning on or after 1 April 2026 have been calculated using a change in the statutory effective tax rate from 30.5% to 31.4%. The effect of this tax rate change is immaterial.」
The change in the statutory effective tax rate from 30.5% to 31.4% resulting from the introduction of the special defense corporate tax was reflected in the calculation of deferred tax assets and liabilities. The company considers the effect of the tax rate change to be immaterial. - FY2024RestatedAnnual report
「Deferred tax assets are recognized to the extent that it is probable that taxable income will arise against which deductible temporary differences can be utilized. In assessing the likelihood of taxable income arising, the Company reasonably estimates the timing and amount of taxable income that may be generated in the future and calculates the amount accordingly.」
The company reconfirms that it assesses the recoverability of deferred tax assets based on estimates of the timing and amount of future taxable income. Net deferred tax assets at the end of the current fiscal year were ¥111.016 million. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no new business and other risks, changes to such risks, or material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to existing risks, including the recoverability of deferred tax assets and the risk of reductions resulting from tax changes and revisions to accounting standards. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no new business and other risks, changes to such risks, or material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to existing risks, including the recoverability of deferred tax assets and the risk of reductions resulting from tax changes and revisions to accounting standards. - FY2022RestatedAnnual report
「Deferred tax assets are recognized to the extent that it is probable that taxable income will arise against which deductible temporary differences can be utilized. In assessing the likelihood of taxable income arising, the Company reasonably estimates the timing and amount of taxable income that may be generated in the future and calculates the amount accordingly.」
The company reconfirms that it assesses the recoverability of deferred tax assets based on estimates of the timing and amount of taxable income. Net deferred tax assets at the end of the current fiscal year were ¥106.409 million, based on the assumption that the effects of the infectious disease would return to previous levels in the fiscal year ending March 2023. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no new business and other risks, changes to such risks, or material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to existing risks, including the recoverability of deferred tax assets and the risk of reductions resulting from tax changes and revisions to accounting standards. - FY2021First statedAnnual report
「If the Company determines that all or part of its deferred tax assets are not recoverable due to significant changes in its business performance or business environment, or if tax reforms, including tax rate changes, or revisions to accounting standards and other rules result in a reduction, the deferred tax assets may be reduced, which may affect the Company's operating results, financial condition and other matters.」
The company has for the first time disclosed the recoverability assessment of deferred tax assets, changes in business performance and the business environment, and the possibility of reductions resulting from tax reforms and revisions to accounting standards as a standalone risk.