Recognition of Income Tax Refunds and Income Tax Adjustments (Loss)
LEADER ELECTRONICS CORPORATION (the Company)
Overseas research and development expenditures (eligible for tax incentives)
Following a careful review of income tax refunds available under tax incentives for overseas research and development expenditures and the recoverability of deferred tax assets, part of the deferred tax assets recognized through the fiscal year ended December 2025 was written down.
Income tax refunds: ¥54.617 million; income tax adjustments (loss): ¥42.532 million
Full-year consolidated period for the fiscal year ending March 2026 (1 April 2025 to 31 March 2026)
The impact on financial results is reflected in the Consolidated Financial Results for the Fiscal Year Ending March 2026 (Japanese GAAP), released today.
The impact of the above recognition on financial results has already been reflected in the financial results summary released today. Other future actions: Not disclosed
| Item | Details |
|---|---|
| Event name | Recognition of Income Tax Refunds and Income Tax Adjustments (Loss) |
| Subject Entity | LEADER ELECTRONICS CORPORATION (the Company) |
| Target Locations / Products | Overseas research and development expenditures (eligible for tax incentives) |
| Cause | Following a careful review of income tax refunds available under tax incentives for overseas research and development expenditures and the recoverability of deferred tax assets, part of the deferred tax assets recognized through the fiscal year ended December 2025 was written down. |
| Amount of Impact on Business Performance | Income tax refunds: ¥54.617 million; income tax adjustments (loss): ¥42.532 million |
| Accounting period in which recognized | Full-year consolidated period for the fiscal year ending March 2026 (1 April 2025 to 31 March 2026) |
| Impact on Earnings Forecast | The impact on financial results is reflected in the Consolidated Financial Results for the Fiscal Year Ending March 2026 (Japanese GAAP), released today. |
| Outlook | The impact of the above recognition on financial results has already been reflected in the financial results summary released today. Other future actions: Not disclosed |
Items this document does not state (17)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Following a careful review of the refunds available under tax incentives for overseas research and development expenditures and the recoverability of deferred tax assets, part of the deferred tax assets was written down.