Recoverability of deferred tax assets dependent on future taxable income
First written in FY2020. . Latest entry: FY2026.
The whole theme swung hardest in 2020: 20 of 62 companies on the "Worse" side.
32 other companies' latest entry also says "Other".
- FY2026Decline in deferred tax liabilitiesAnnual report
「Net deferred tax assets or deferred tax liabilities (△) ¥292 million △¥276 million」
The company changed from deferred tax assets of ¥292 million at the end of the previous fiscal year to deferred tax liabilities of ¥276 million at the end of the current fiscal year. Deferred tax liabilities related to the valuation difference on other securities increased. - FY2026-H1Deferred tax liabilities increasedAnnual report
「Deferred tax liabilities － 531」
Deferred tax assets of ¥292 million at the end of the previous consolidated fiscal year were eliminated, and deferred tax liabilities of ¥531 million were recognized. - FY2025Conversion from deferred tax liabilities to deferred tax assetsAnnual report
「Net deferred tax assets or deferred tax liabilities (△) △¥164 million ¥292 million」
The company changed from deferred tax liabilities of ¥164 million at the end of the previous fiscal year to deferred tax assets of ¥292 million at the end of the current fiscal year. - FY2025-H1Conversion from deferred tax liabilities to deferred tax assetsAnnual report
「Deferred tax assets － 265 Deferred tax liabilities 164 －」
The deferred tax liabilities of ¥164 million recognized at the end of the previous fiscal year were eliminated, and deferred tax assets of ¥265 million were recognized at the end of the interim period of the current fiscal year. - FY2024Conversion to deferred tax liabilitiesAnnual report
「Net deferred tax assets or deferred tax liabilities (△) ¥108 million △¥164 million」
Net deferred tax assets changed from ¥108 million in the previous fiscal year to deferred tax liabilities of ¥164 million. The disclosure notes an increase in deferred tax liabilities related to the valuation difference on other securities, among other items. - FY2024-Q3Deferred tax liabilities increasedAnnual report
「Recognition of deferred tax liabilities ¥736 million」
While deferred tax assets fell to zero, deferred tax liabilities of ¥736 million were recognized. - FY2024-Q2Recognition of deferred tax liabilities continuesAnnual report
「There was recognition of deferred tax liabilities of ¥222 million, among other items, but」
Deferred tax assets fell from ¥108 million at the end of the previous consolidated fiscal year to zero, and deferred tax liabilities of ¥222 million were recognized. - FY2024-Q1Deferred tax assets fell to zero and deferred tax liabilities were recognizedAnnual report
「Deferred tax assets 108 －」
Deferred tax assets fell from ¥108 million at the end of the previous consolidated fiscal year to zero at the end of the first quarter of the current fiscal year, while deferred tax liabilities of ¥271 million were recognized. - FY2023Net deferred tax assets decreased to ¥108 millionAnnual report
「Net deferred tax assets or deferred tax liabilities (△) ¥883 million ¥108 million」
Net deferred tax assets decreased from ¥883 million in the previous fiscal year to ¥108 million. The disclosure also notes an increase in deferred tax liabilities related to the valuation difference on other securities. - FY2023-Q3Decline in deferred tax assets continuesAnnual report
「Investment securities 12,471 12,634 Deferred tax assets 883 587」
Deferred tax assets decreased from ¥883 million at the end of the previous consolidated fiscal year to ¥587 million. - FY2023-Q2Deferred tax assets continue to declineAnnual report
「Deferred tax assets 883 534」
Deferred tax assets decreased from ¥883 million at the end of the previous consolidated fiscal year to ¥534 million. - FY2023-Q1Deferred tax assets declineAnnual report
「Total assets at the end of the first quarter increased by ¥757 million from the end of the previous fiscal year to ¥4,767.3 million, due mainly to an ¥825 million increase in investment securities and a ¥475 million increase in inventories, despite a ¥348 million decrease in deferred tax assets.」
Deferred tax assets decreased by ¥348 million from the end of the previous fiscal year. The balance based on estimates of future taxable income has changed. - FY2022Deferred tax assets recognized increase significantlyAnnual report
「Total deferred tax assets: ¥1,983 million; ¥2,686 million」
Deferred tax assets increased from ¥1,983 million in the previous fiscal year to ¥2,686 million. - FY2021Deferred tax assets recognized increaseAnnual report
「Deferred tax assets: ¥1,983 million (before offsetting against deferred tax liabilities)」
Deferred tax assets based on estimates of future taxable income totaled ¥1,983 million, up from ¥1,830 million in the previous fiscal year. - FY2020First statedAnnual report
「Because the recoverability of deferred tax assets depends on estimates of future taxable income, if changes in the conditions or assumptions underlying those estimates result in a decline, deferred tax assets may be reduced and tax expense may be recognized.」
It states that deferred tax assets based on estimates of future taxable income may be reduced and tax expense recognized if the underlying assumptions change. Deferred tax assets for the fiscal year under review were ¥1,830 million.