Application of Tax-Effect Accounting Accompanying the Transition to the Group Aggregation System
First written in FY2022-Q2. 2 of 5 entries say "Restated". Latest entry: FY2025.
Buffalo moved to the "Worse" side of this theme in 2025.
The whole theme swung hardest in 2025: 1 of 12 companies on the "Worse" side.
4 other companies' latest entry also says "Reframed".
- FY2025ReframedAnnual report
「The company has applied the standalone taxation system from the current fiscal year after its application to withdraw from the group tax sharing system was approved.」
The tax policy changed from the previous approach based on the transition to the group tax sharing system to applying the standalone taxation system following approval. - FY2023-Q2RestatedAnnual report
「The company and its domestic consolidated subsidiaries transitioned from the consolidated taxation system to the group tax sharing system from the beginning of the first quarter of the current fiscal year. Accordingly, the accounting treatment and disclosures for corporate income taxes, local corporate taxes and tax-effect accounting follow the treatment of accounting and disclosure when applying the group tax sharing system.」
The company continues to disclose the transition to the group tax sharing system that began in the first quarter and the related treatment of corporate income taxes and tax-effect accounting. - FY2023-Q1AdvancedAnnual report
「The company and its domestic consolidated subsidiaries transitioned from the consolidated taxation system to the group tax sharing system from the beginning of the first quarter of the current fiscal year.」
The disclosure moved from the previous treatment of tax-effect accounting accompanying the transition to the stage at which the actual transition to the group tax sharing system began during the first quarter of the current fiscal year. - FY2022-Q3RestatedAnnual report
「With respect to the transition by the company and its domestic consolidated subsidiaries to the group tax sharing system established under the Act Partially Amending the Income Tax Act and Other Acts (Act No. 8 of 2020), and items for which the standalone taxation system was revised in connection with that transition,」
The company continues to disclose the treatment of tax-effect accounting related to the transition to the group tax sharing system. - FY2022-Q2First statedAnnual report
「With respect to the transition to the group tax sharing system established under the Act Partially Amending the Income Tax Act and Other Acts (Act No. 8 of 2020), and items for which the standalone taxation system was revised in connection with that transition, the company and its domestic consolidated subsidiaries have, pursuant to paragraph 3 of the Treatment of Tax Effect Accounting for the Transition from the Consolidated Taxation System to the Group Tax Sharing System, calculated deferred tax assets and deferred tax liabilities based on the provisions of the tax laws before amendment, without applying the provisions of paragraph 44 of the Implementation Guidance on Accounting Standard for Tax Effect Accounting.」
For tax-effect accounting related to the transition to the group tax sharing system, the company describes the treatment of calculating deferred tax assets and deferred tax liabilities based on the provisions of the tax laws before amendment.