Transfer Pricing Tax Audit of ジャノメ台湾 and Risk of Additional Taxes
First written in FY2025. 1 of 2 entries say "Reframed", first in FY2026. Latest entry: FY2026.
Janome moved to the "Worse" side of this theme in 2026, 7 years after the typical company in this theme (2019).
0 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「We are undergoing a tax audit by the Tokyo Regional Taxation Bureau regarding corporate income taxes for the taxable years from the fiscal year ended March 2023 through the fiscal year ended March 2025. Although the authorities' findings arise from differences in interpretation, we have recognized the estimated amount of additional taxes and other liabilities as income taxes for prior periods.」
Compared with the previous disclosure of the transfer pricing tax audit involving ジャノメ台湾, the tax risk disclosed this fiscal year changed to the Tokyo Regional Taxation Bureau's tax audit of the Company itself and the recognition of estimated additional taxes. - FY2025First statedAnnual report
「Our consolidated subsidiary ジャノメ台湾㈱ is undergoing a transfer pricing tax audit by the Taiwan tax authorities in connection with its transactions with us. Although the authorities' findings arise from differences in interpretation, we have recognized the estimated amount of additional taxes and other liabilities as income taxes for prior periods.」
A transfer pricing tax audit by the Taiwan tax authorities was initiated for ジャノメ台湾, and the estimated amount of additional taxes and other liabilities was recognized as income taxes for prior periods. This was the first disclosure of this tax risk, separate from the tax correction notice for the existing Thai subsidiary.