Tdk (6762) · PolicyRestated
Recognition of tax effects on intercompany transfers of non-inventory assets
First written in FY2019-Q1. 1 of 2 entries say "Restated". Latest entry: FY2019.
2entries
2years
0from disclosures
How it moved
Same theme, other companies
Decrease in Opening Retained Earnings Due to the Adoption of ASU 2016-16A theme 2 companies write about · 2 as a headwind · 0 as a tailwind
1 other company's latest entry also says "Restated".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
- FY2019RestatedAnnual report
「As a cumulative effect of applying this ASU, other retained earnings at the beginning of the fiscal year decreased by ¥6,374 million.」
The full-year impact of applying the tax-effects standard to intercompany transfers of non-inventory assets was confirmed. - FY2019-Q1First statedAnnual report
「The Group has applied this ASU from the first quarter of the current consolidated fiscal year using the modified retrospective approach, under which the beginning balance of retained earnings is adjusted directly on a cumulative basis.」
FASB ASU 2016-16 was applied from the first quarter, reducing other retained earnings at the beginning of the fiscal year by ¥6,374 million as a cumulative effect.