Application of Tax-Effect Accounting in Connection with the Transition to the Group Tax-Sharing System
First written in FY2022-Q1. 4 of 7 entries say "Restated". Latest entry: FY2023-Q3.
104 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「The Company and certain domestic consolidated subsidiaries transitioned from the consolidated taxation system to the group-wide taxation system from the first quarter of the consolidated fiscal year. Accordingly, the accounting treatment and disclosure for corporate income taxes, local corporate taxes and tax-effect accounting follow the Accounting Treatment and Disclosure under the Group-Wide Taxation System.」
The transition to the group consolidation system from the first quarter and the associated tax-effect accounting treatment continued in the third quarter. - FY2023-Q2RestatedAnnual report
「The Company and certain domestic consolidated subsidiaries transitioned from the consolidated taxation system to the group-wide taxation system from the first quarter of the consolidated fiscal year. Accordingly, the accounting treatment and disclosure for corporate income taxes, local corporate taxes and tax-effect accounting follow the Accounting Treatment and Disclosure under the Group-Wide Taxation System.」
The transition to the group consolidation system from the first quarter and the associated tax-effect accounting treatment continued in the second quarter. - FY2023-Q1AchievedAnnual report
「The company and certain domestic consolidated subsidiaries transitioned from the consolidated taxation system to the group relief system from the first quarter of the current consolidated fiscal year. Accordingly, the accounting treatment and disclosures for corporate and local corporate taxes and tax-effect accounting follow the Treatment for Accounting and Disclosure When Applying the Group Relief System.」
The transition to the group consolidation system, which had been scheduled in the previous fiscal year to begin in the following fiscal year, was implemented from the beginning of the first-quarter consolidated accounting period. - FY2022AdvancedAnnual report
「The Company and its consolidated subsidiaries will transition from the consolidated taxation system to the group tax sharing system beginning in the following consolidated fiscal year.」
The planned transition to the group consolidation system from the beginning of the following consolidated fiscal year was explicitly stated, making the implementation timing more specific. - FY2022-Q3RestatedAnnual report
「With respect to the transition to the group consolidation system established under the Act Partially Amending the Income Tax Act and Other Acts (Act No. 8 of 2020), and items for which the single-entity tax payment system was revised in connection with that transition, we and our consolidated subsidiaries, under the treatment for applying tax-effect accounting in connection with the transition from the consolidated tax payment system to the group consolidation system, calculate deferred tax assets and deferred tax liabilities based on the provisions of the tax laws before the amendments, without applying the provisions of Paragraph 44 of the Implementation Guidance on Accounting Standard for Tax Effect Accounting (ASBJ Guidance No. 28, 16 February 2018).」
The treatment of tax-effect accounting associated with the transition to the group consolidation system continues to be disclosed as additional information. - FY2022-Q2RestatedAnnual report
「With respect to the transition to the group consolidation system established under the Act Partially Amending the Income Tax Act and Other Acts (Act No. 8 of 2020), and items for which the single-entity tax payment system was revised in connection with that transition, we and our consolidated subsidiaries calculate amounts in accordance with the treatment for applying tax-effect accounting in connection with the transition from the consolidated tax payment system to the group consolidation system, based on the provisions of the tax laws before the amendments.」
The treatment of tax-effect accounting associated with the transition to the group consolidation system continues to be disclosed as additional information. - FY2022-Q1First statedAnnual report
「With respect to the transition to the group consolidation system established under the Act Partially Amending the Income Tax Act and Other Acts (Act No. 8 of 2020), and items for which the single-entity tax payment system was revised in connection with that transition, we and our consolidated subsidiaries calculate amounts in accordance with the treatment for applying tax-effect accounting in connection with the transition from the consolidated tax payment system to the group consolidation system, based on the provisions of the tax laws before the amendments.」
The treatment of tax-effect accounting associated with the transition to the group consolidation system was disclosed for the first time as additional information.