Risk of Changes to Accounting Standards and Tax Systems in Various Countries
First written in FY2020. 19 of 21 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2024: 2 of 13 companies on the "Worse" side.
22 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The Act Partially Amending the Income Tax Act and Certain Other Acts (Act No. 13 of 2025) was promulgated on 31 March 2025, establishing a special corporate tax for national defense for consolidated fiscal years beginning on or after 1 April 2026. Accordingly, the company has calculated deferred tax assets and deferred tax liabilities using a statutory effective tax rate changed from 30.5% to 31.5% for temporary differences and other items expected to reverse in consolidated fiscal years beginning on or after 21 March 2027. The impact of this tax rate change is immaterial.」
The company reconfirmed the change in the tax system and the change in the statutory effective tax rate from 30.5% to 31.5%, as well as its view that the impact is immaterial. - FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company reconfirmed that there were no significant changes to its business and other risks, including changes to accounting and tax systems in various countries. - FY2025MaterialisedAnnual report
「The Act Partially Amending the Income Tax Act and Certain Other Acts (Act No. 13 of 2025) was promulgated on 31 March 2025, establishing a special corporate tax for national defense for consolidated fiscal years beginning on or after 1 April 2026. Accordingly, the statutory effective tax rate used to calculate deferred tax assets and deferred tax liabilities for temporary differences and other items expected to reverse in consolidated fiscal years beginning on or after 21 March 2027 will change from 30.5% to 31.5%. The impact of this tax rate change is immaterial.」
Regarding the risk of changes to the tax system, the company disclosed that the relevant law had actually been promulgated and that the future statutory effective tax rate would change from 30.5% to 31.5%. The company considers the impact of the tax rate change to be immaterial. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company stated that there were no significant changes to the business and other risks described in the previous fiscal year, including changes to accounting and tax systems in various countries. - FY2025-Q1RestatedAnnual report
「During the first quarter of the current fiscal year, there were no new events among the matters relating to the business and accounting conditions described in this quarterly report that could have a material impact on investors' decisions, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company stated that there were no significant changes to the business and other risks described in the previous fiscal year, including changes to accounting and tax systems in various countries. - FY2024-Q3RestatedAnnual report
「During the first three quarters of the current fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company stated that there were no significant changes to the business and other risks described in the previous fiscal year, including changes to accounting and tax systems in various countries. - FY2024-Q2RestatedAnnual report
「There have been no new business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year, during the cumulative second quarter of the current fiscal year.」
The company stated that there were no significant changes to the business and other risks described in the previous fiscal year, including changes to accounting and tax systems in various countries. - FY2024-Q1RestatedAnnual report
「During the first quarter of the current fiscal year, there were no new events among the matters relating to the business and accounting conditions described in this quarterly report that could have a material impact on investors' decisions, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company stated that there were no significant changes to the business and other risks described in the previous fiscal year, including changes to accounting and tax systems in various countries. - FY2023RestatedAnnual report
「The Group operates in Japan, North America, Central and South America, Europe and Asia, and is affected by the accounting standards and tax systems of each country and region.」
The company reconfirmed the risks of costs, additional tax assessments and double taxation arising from changes to accounting standards and tax systems in various countries, new regulations and differences of opinion with authorities. - FY2023-Q3RestatedAnnual report
「During the first three quarters of the current fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company stated that there were no significant changes to the business and other risks described in the previous fiscal year, including changes to accounting and tax systems in various countries. - FY2023-Q2RestatedAnnual report
「There have been no new business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year, during the cumulative second quarter of the current fiscal year.」
The company stated that there were no significant changes to the business and other risks described in the previous fiscal year, including changes to accounting and tax systems in various countries. - FY2023-Q1RestatedAnnual report
「During the first quarter of the current fiscal year, there were no new events among the matters relating to the business and accounting conditions described in this quarterly report that could have a material impact on investors' decisions, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company stated that there were no significant changes to the business and other risks described in the previous fiscal year, including changes to accounting and tax systems in various countries. - FY2022RestatedAnnual report
「The Group operates in Japan, North America, Central and South America, Europe and Asia, and is affected by the accounting standards and tax systems of each country and region. If major revisions, stricter requirements or the introduction of new regulations that alter customers' purchasing behavior occur in the systems implemented in various countries, or if differences of opinion arise with the relevant authorities, the Group may incur additional costs for compliance and response, additional tax assessments or double taxation, which could consequently affect its operating results and financial condition.」
The company reconfirmed the risks of costs, additional tax assessments and double taxation arising from changes to accounting standards and tax systems in various countries, new regulations and differences of opinion with authorities. - FY2022-Q3RestatedAnnual report
「During the first three quarters of the current fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company stated that there were no significant changes to the business and other risks described in the previous fiscal year, including changes to accounting and tax systems in various countries. - FY2022-Q2RestatedAnnual report
「There have been no new business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year, during the cumulative second quarter of the current fiscal year.」
The company stated that there were no significant changes to the business and other risks described in the previous fiscal year, including changes to accounting and tax systems in various countries. - FY2022-Q1RestatedAnnual report
「During the first quarter of the current fiscal year, there were no new events among the matters relating to the business and accounting conditions described in this quarterly report that could have a material impact on investors' decisions, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company stated that there were no significant changes to the business and other risks described in the previous fiscal year, including changes to accounting and tax systems in various countries. - FY2021RestatedAnnual report
「The Group operates in Japan, North America, Central and South America, Europe and Asia, and is affected by the accounting standards and tax systems of each country and region. If major revisions, stricter requirements or the introduction of new regulations that alter customers' purchasing behavior occur in the systems implemented in various countries, or if differences of opinion arise with the relevant authorities, the Group may incur additional costs for compliance and response, additional tax assessments or double taxation, which could consequently affect its operating results and financial condition.」
The company reconfirmed the risks of costs, additional tax assessments and double taxation arising from changes to accounting standards and tax systems in various countries, new regulations and differences of opinion with authorities. - FY2021-Q3RestatedAnnual report
「During the first three quarters of the current fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company stated that there were no significant changes to the business and other risks described in the previous fiscal year, including changes to accounting and tax systems in various countries. - FY2021-Q2RestatedAnnual report
「There have been no new business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year, during the cumulative second quarter of the current fiscal year.」
The company stated that there were no significant changes to the business and other risks described in the previous fiscal year, including changes to accounting and tax systems in various countries. - FY2021-Q1RestatedAnnual report
「During the first quarter of the current fiscal year, there were no new events among the matters relating to the business and accounting conditions described in this quarterly report that could have a material impact on investors' decisions, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company stated that there were no significant changes to the business and other risks described in the previous fiscal year, including changes to accounting and tax systems in various countries. - FY2020First statedAnnual report
「The Group operates in Japan, North America, Central and South America, Europe and Asia, and is affected by the accounting standards and tax systems of each country and region. If major revisions, stricter requirements or the introduction of new regulations that alter customers' purchasing behavior occur in the systems implemented in various countries, or if differences of opinion arise with the relevant authorities, the Group may incur additional costs for compliance and response, additional tax assessments or double taxation, which could consequently affect its operating results and financial condition.」
The company identified changes to accounting standards and tax systems in various countries, new regulations and differences of opinion with authorities, resulting in compliance costs, additional tax assessments and double taxation, as new major risks.