Adoption of the Revised Accounting Standard for Tax Effect Accounting
First written in FY2019-Q1. 3 of 6 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2024: 3 of 9 companies on the "Worse" side.
- FY2025-H1AchievedAnnual report
「We have applied the Accounting Standard for Accounting for Income Taxes, Resident Taxes, and Business Taxes (Accounting Standard No. 27, 28 October 2022) and related standards from the beginning of the current interim consolidated fiscal period.」
The revised standards related to corporate income taxes and tax-effect accounting, which had been scheduled for application from the fiscal year ending March 2025, were applied from the beginning of the current interim consolidated accounting period. The company stated that the change in accounting policy had no impact on the interim consolidated financial statements. - FY2024Application of revised corporate income tax and tax-effect accounting standards from the fiscal year ending March 2025Annual report
「The amount of the impact on the consolidated financial statements from applying the accounting standards concerning corporate tax, inhabitant tax and enterprise tax and related standards is currently being assessed.」
The company disclosed that new accounting standards and related requirements concerning the presentation categories for tax expenses and tax-effect accounting were scheduled to be applied from the beginning of the fiscal year ending March 2025, and that it was assessing the impact. - FY2019RestatedAnnual report
「The company applied the "Partial Amendments to the Accounting Standard for Tax Effect Accounting" (ASBJ Statement No. 28, 16 February 2018) from the beginning of the current consolidated fiscal year, changed the presentation of deferred tax assets under investments and other assets and deferred tax liabilities under non-current liabilities, and revised the related tax-effect accounting notes.」
The company continues to disclose for the full fiscal year the application of the revised tax-effect accounting standards and the changes in the presentation categories for deferred tax assets and liabilities. - FY2019-Q3RestatedAnnual report
「The partial amendments to the “Accounting Standard for Tax Effect Accounting” (Accounting Standards Board of Japan Statement No. 28, 16 February 2018) and other standards have been applied from the beginning of the first quarter of the current consolidated fiscal year. Deferred tax assets are presented under investments and other assets, while deferred tax liabilities are presented under non-current liabilities.」
The company continues to disclose that it applied revisions to the accounting standards for tax-effect accounting from the beginning of the first quarter consolidated accounting period and changed the presentation categories for deferred tax assets and liabilities. - FY2019-Q2RestatedAnnual report
「The company has applied the partial amendment to the Accounting Standard for Tax Effect Accounting (Accounting Standard No. 28, 16 February 2018) and other standards from the beginning of the first quarter of the fiscal year under review. Deferred tax assets are presented under investments and other assets, while deferred tax liabilities are presented under non-current liabilities.」
The company continues to disclose that it applied revisions to the accounting standards for tax-effect accounting from the beginning of the first quarter consolidated accounting period and changed the presentation categories for deferred tax assets and liabilities. - FY2019-Q1First statedAnnual report
「We have applied the Partial Amendments to Accounting Standard for Tax Effect Accounting (Accounting Standard No. 28, 16 February 2018) and related standards from the beginning of the first quarter. Deferred tax assets are presented under investments and other assets, while deferred tax liabilities are presented under non-current liabilities.」
From the beginning of the first quarter consolidated accounting period, the company applied revisions to the accounting standards for tax-effect accounting and changed the presentation categories for deferred tax assets and liabilities.