Recoverability Risk for Deferred Tax Assets
First written in FY2020. 4 of 12 entries say "Restated". 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".
- FY2026Update to the year-end deferred tax asset balanceAnnual report
「At the end of the current consolidated fiscal year, deferred tax assets of ¥13.8 billion are recorded.」
Regarding the recoverability risk of deferred tax assets, the year-end recorded amount was updated to ¥13.846 billion. - FY2026-H1Update to the interim year-end deferred tax asset balanceAnnual report
「Deferred tax assets 15,234 14,325」
The balance related to the recoverability of deferred tax assets decreased from ¥15.234 billion at 31 March 2025 to ¥14.325 billion at 30 September 2025. - FY2025-H1Update to the interim year-end deferred tax asset balanceAnnual report
「Deferred tax assets 16,978 14,881」
The deferred tax asset balance decreased from ¥16.978 billion at the end of the previous consolidated fiscal year to ¥14.881 billion at the interim period-end. - FY2024-Q3Update to the quarter-end deferred tax asset balanceAnnual report
「Deferred tax assets 7,040 14,600」
The deferred tax asset balance increased from ¥7.040 billion at the end of the previous consolidated fiscal year to ¥14.6 billion at the end of the third quarter of the current fiscal year. - FY2024-Q2Update to the quarter-end deferred tax asset balanceAnnual report
「Deferred tax assets 7,040 8,318」
The balance related to the recoverability risk of deferred tax assets increased from ¥7.040 billion at the end of the previous consolidated fiscal year to ¥8.318 billion at the end of the second quarter of the current fiscal year. - FY2024-Q1Update to the quarter-end deferred tax asset balanceAnnual report
「Deferred tax assets 7,040 8,183」
The balance related to the recoverability risk of deferred tax assets increased from ¥7.040 billion at the end of the previous consolidated fiscal year to ¥8.183 billion at the end of the first quarter of the current fiscal year. - FY2023RestatedAnnual report
「At the end of the current consolidated fiscal year, deferred tax assets of ¥7.0 billion are recorded. The Group assesses the recoverability of deferred tax assets by estimating taxable income based on future earnings capacity.」
The risk concerning the recoverability of deferred tax assets continued to be disclosed, and the recorded amount was updated from ¥6.3 billion to ¥7.0 billion. - FY2022RestatedAnnual report
「At the end of the current consolidated fiscal year, deferred tax assets of ¥6.3 billion are recorded.」
The risk concerning the recoverability of deferred tax assets continued to be disclosed, and the recorded amount was updated to ¥6.3 billion. - FY2022-Q2RestatedAnnual report
「There have been no material changes in the key assumptions underlying the accounting estimates, including the future spread and timing of containment of COVID-19, described under “Significant Accounting Estimates” in the annual securities report for the previous consolidated fiscal year.」
It was stated that there had been no material changes in the key assumptions underlying the accounting estimates made on the assumption of COVID-19. - FY2021-Q3RestatedAnnual report
「Although these conditions are expected to recover toward the end of the fiscal year, the Company has applied the recoverability assessment for deferred tax assets and impairment accounting for fixed assets on the assumption that the effects will continue into the following fiscal year and beyond, given the expectation that the recovery in demand, mainly in the automotive market, will be gradual.」
The circumstances for assessing the recoverability of deferred tax assets continued to be described on the assumption of a delayed recovery in demand in the automotive market. - FY2021-Q2WorsenedAnnual report
「Although these conditions are expected to recover toward the end of the fiscal year, the Company has applied the recoverability assessment for deferred tax assets and impairment accounting for fixed assets on the assumption that the effects will continue into the following fiscal year and beyond, given the expectation that the recovery in demand, mainly in the automotive market, will be gradual.」
The circumstances for assessing the recoverability of deferred tax assets were described on the assumption of a decline in sales caused by COVID-19 and a delayed recovery in the automotive market. No amount of the deferred tax asset write-down was disclosed. - FY2020First statedAnnual report
「At the end of the current consolidated fiscal year, deferred tax assets of ¥6.9 billion are recorded. However, if taxable income falls below expectations in the future due to fluctuations in customer demand or changes in tax-related developments, including transfer pricing, and it is determined that all or part of the deferred tax assets already recorded cannot be recovered, the deferred tax assets may be written down and tax expenses recognized in the period in which that determination is made.」
The risk of a write-down of ¥6.9 billion in deferred tax assets due to a decline in taxable income resulting from customer demand and tax-related developments was newly disclosed as a key risk.