Change in the presentation of deferred tax assets and liabilities following the tax-effect accounting standard revision
First written in FY2019-Q1. 2 of 3 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2024: 2 of 7 companies on the "Worse" side.
- FY2019RestatedAnnual report
「The partial amendments to the Accounting Standard for Tax Effect Accounting (ASBJ Statement No. 28, 16 February 2018) have been applied from the beginning 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 change in presentation categories for deferred tax assets and liabilities accompanying the revision of the accounting standards for tax effect accounting was also applied to the full-year financial results. - FY2019-Q2RestatedAnnual report
「The partial amendment to the Accounting Standard for Tax Effect Accounting (Accounting Standards Board of Japan Statement No. 28, 16 February 2018) and other relevant standards have been applied from the beginning of the first quarter of the consolidated fiscal year. Deferred tax assets are presented under investments and other assets, while deferred tax liabilities are presented under non-current liabilities.」
The change in presentation categories for deferred tax assets and liabilities accompanying the revisions to the accounting standards for tax effect accounting and related standards continued to be applied in the second quarter. - FY2019-Q1First statedAnnual report
「The Company adopted 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, and presents deferred tax assets under investments and other assets and deferred tax liabilities under non-current liabilities.」
From the first quarter of the consolidated fiscal year beginning 1 April 2018, the revised accounting standards for tax effect accounting and related standards have been applied, and the presentation categories for deferred tax assets and liabilities have been changed.