Calculation of Quarterly Tax Expense Using the Estimated Effective Tax Rate
First written in FY2021-Q1. 12 of 13 entries say "Restated". Latest entry: FY2027-H1.
78 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「Corporate income tax expense for the current interim consolidated accounting period was calculated based on the estimated annual effective tax rate.」
The method of calculating interim tax expense based on the estimated annual effective tax rate continued to be applied. - FY2026-H1RestatedAnnual report
「Corporate income tax expense for the current interim consolidated accounting period was calculated based on the estimated annual effective tax rate.」
The method of calculating interim tax expense based on the estimated annual effective tax rate continued to be applied. - FY2025-H1RestatedAnnual report
「Income taxes are calculated by reasonably estimating the effective tax rate after applying tax-effect accounting to income before income taxes for the fiscal year including the interim accounting period, and multiplying interim income before income taxes by the estimated effective tax rate.」
The method of calculating interim tax expense based on the estimated annual effective tax rate continued to be applied. - FY2024-Q3RestatedAnnual report
「Income taxes are calculated by reasonably estimating the effective tax rate after applying tax-effect accounting to income before income taxes for the fiscal year including the third-quarter accounting period, and multiplying quarterly income before income taxes by the estimated effective tax rate.」
The method of calculating quarterly tax expense based on the estimated annual effective tax rate continued to be applied. - FY2024-Q2RestatedAnnual report
「Income taxes are calculated by reasonably estimating the effective tax rate after applying tax-effect accounting to income before income taxes for the fiscal year that includes the second quarter of the current fiscal year, and multiplying income before income taxes for the quarter by that estimated effective tax rate.」
The method of calculating quarterly tax expense based on the estimated annual effective tax rate continued to be applied. - FY2024-Q1RestatedAnnual report
「Income taxes are calculated by reasonably estimating the effective tax rate after applying tax-effect accounting to profit before income taxes for the fiscal year that includes the current first-quarter accounting period, and multiplying quarterly profit before income taxes by the estimated effective tax rate.」
The method of calculating quarterly tax expense based on the estimated annual effective tax rate continued to be applied. - FY2023-Q3RestatedAnnual report
「Income taxes are calculated by reasonably estimating the effective tax rate after applying tax-effect accounting to income before income taxes for the fiscal year including the third-quarter accounting period, and multiplying quarterly income before income taxes by the estimated effective tax rate.」
The method of calculating quarterly tax expense based on the estimated annual effective tax rate continued to be applied. - FY2023-Q2RestatedAnnual report
「Income taxes are calculated by reasonably estimating the effective tax rate after applying tax-effect accounting to income before income taxes for the fiscal year that includes the second quarter of the current fiscal year, and multiplying income before income taxes for the quarter by that estimated effective tax rate.」
The method of calculating quarterly tax expense based on the estimated annual effective tax rate continued to be applied. - FY2023-Q1RestatedAnnual report
「Income taxes are calculated by reasonably estimating the effective tax rate after applying tax-effect accounting to profit before income taxes for the fiscal year that includes the current first-quarter accounting period, and multiplying quarterly profit before income taxes by the estimated effective tax rate.」
The method of calculating quarterly tax expense based on the estimated annual effective tax rate continued to be applied. - FY2022-Q1RestatedAnnual report
「Income taxes are calculated by reasonably estimating the effective tax rate after applying tax-effect accounting to profit before income taxes for the fiscal year that includes the current first-quarter accounting period, and multiplying quarterly profit before income taxes by the estimated effective tax rate.」
The method of calculating tax expense using the estimated effective tax rate to improve the efficiency of quarterly financial reporting continued to be applied. - FY2021-Q3RestatedAnnual report
「Tax expense had previously been calculated using the same method as for the annual financial statements. To further improve the efficiency of our quarterly financial reporting, from the first-quarter accounting period we have changed to a method that reasonably estimates the effective tax rate after applying tax-effect accounting expected for the annual financial statements and calculates tax expense by multiplying quarterly profit before income taxes by that estimated effective tax rate.」
The method of calculating tax expense using the estimated effective tax rate to improve the efficiency of quarterly financial reporting continued to be applied. - FY2021-Q2RestatedAnnual report
「Tax expense had previously been calculated using the same method as for the annual financial statements. To further improve the efficiency of our quarterly financial reporting, from the first-quarter accounting period we have changed to a method that reasonably estimates the effective tax rate after applying tax-effect accounting expected for the annual financial statements and calculates tax expense by multiplying quarterly profit before income taxes by that estimated effective tax rate.」
The method of calculating tax expense using the estimated effective tax rate to improve the efficiency of quarterly financial reporting continued to be applied in the second quarter. - FY2021-Q1First statedAnnual report
「Tax expense had previously been calculated using the same method as for the annual financial statements. To further improve the efficiency of our quarterly financial reporting, from the current first-quarter accounting period we have changed to a method that reasonably estimates the effective tax rate after applying tax-effect accounting expected for the annual financial statements and calculates tax expense by multiplying quarterly profit before income taxes by that estimated effective tax rate.」
To improve the efficiency of quarterly financial reporting, the company changed its method of calculating tax expense to one based on the estimated effective tax rate from the current first-quarter accounting period. The impact of the change was considered immaterial.