Tax-effect accounting following the transition to the group tax consolidation system
First written in FY2020-Q2. 9 of 12 entries say "Restated". Latest entry: FY2023-Q3.
The whole theme swung hardest in 2025: 1 of 12 companies on the "Worse" side.
105 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「The company and its domestic consolidated subsidiaries transitioned from the consolidated taxation system to the group tax sharing system from the beginning of the first quarter of the current fiscal year. Accordingly, the accounting treatment and disclosures for corporate income taxes, local corporate taxes and tax-effect accounting follow the treatment of accounting and disclosure when applying the group tax sharing system.」
The company continued to describe the status of having transitioned to the group tax sharing system from the first quarter of the consolidated fiscal year, together with the related accounting and disclosure treatment. - FY2023-Q2RestatedAnnual report
「Our company and its domestic consolidated subsidiaries changed from the consolidated taxation system to the group relief system from the first-quarter consolidated accounting period.」
The company continued to disclose in the current quarter the status of having transitioned to the group tax sharing system from the first quarter of the consolidated fiscal year. - FY2023-Q1AchievedAnnual report
「The company and its domestic consolidated subsidiaries transitioned from the consolidated taxation system to the group tax sharing system from the beginning of the first quarter of the current fiscal year.」
The company disclosed that it had transitioned to the group tax sharing system from the current first quarter of the consolidated fiscal year, whereas through the previous fiscal year the transition had been scheduled for the following consolidated fiscal year. - FY2022AdvancedAnnual report
「The Company and its domestic consolidated subsidiaries will transition from the consolidated taxation system to the group-sharing system from the following consolidated fiscal year.」
The company specified that the group tax sharing system would be adopted from the following consolidated fiscal year and also described the accounting and disclosure treatment to be applied after the transition. - FY2022-Q3RestatedAnnual report
「The company and certain domestic consolidated subsidiaries state that, with respect to the transition to the group tax sharing system established under the Act Partially Amending the Income Tax Act and Other Legislation (2020, Act No. 8), and items for which the single-entity tax payment system was revised in connection with that transition,」
The company continued to disclose the tax-effect accounting treatment associated with the transition to the group tax sharing system. - FY2022-Q2RestatedAnnual report
「The company and certain domestic consolidated subsidiaries state that, with respect to the transition to the group tax sharing system established under the Act Partially Amending the Income Tax Act and Other Legislation (2020, Act No. 8), and items for which the single-entity tax payment system was revised in connection with that transition,」
The company continued to describe the tax-effect accounting treatment associated with the transition to the group tax sharing system. - FY2022-Q1RestatedAnnual report
「The company and certain domestic consolidated subsidiaries state that, with respect to the transition to the group tax sharing system established under the Act Partially Amending the Income Tax Act and Other Legislation (2020, Act No. 8), and items for which the single-entity tax payment system was revised in connection with that transition,」
The company continued to describe the tax-effect accounting treatment associated with the transition to the group tax sharing system. - FY2021-Q3RestatedAnnual report
「The company and certain domestic consolidated subsidiaries state that, with respect to the transition to the group tax sharing system established under the Act Partially Amending the Income Tax Act and Other Legislation (2020, Act No. 8), and items for which the single-entity tax payment system was revised in connection with that transition,」
The company continued to disclose the tax-effect accounting treatment associated with the transition to the group tax sharing system. - FY2021-Q2RestatedAnnual report
「The company and certain domestic consolidated subsidiaries state that, with respect to the transition to the group tax sharing system established under the Act Partially Amending the Income Tax Act and Other Legislation (2020, Act No. 8), and items for which the single-entity tax payment system was revised in connection with that transition,」
The company continued to disclose the tax-effect accounting treatment associated with the transition to the group tax sharing system. - FY2021-Q1RestatedAnnual report
「The company and certain domestic consolidated subsidiaries state that, with respect to the transition to the group tax sharing system established under the Act Partially Amending the Income Tax Act and Other Legislation (2020, Act No. 8), and items for which the single-entity tax payment system was revised in connection with that transition,」
The company continued to disclose the tax-effect accounting treatment associated with the transition to the group tax sharing system. - FY2020-Q3RestatedAnnual report
「The company and certain domestic consolidated subsidiaries state that, with respect to the transition to the group tax sharing system established under the Act Partially Amending the Income Tax Act and Other Legislation (2020, Act No. 8), and items for which the single-entity tax payment system was revised in connection with that transition,」
The company continued to disclose the tax-effect accounting treatment associated with the transition to the group tax sharing system. - FY2020-Q2First statedAnnual report
「For us and certain domestic consolidated subsidiaries, with respect to the transition to the group aggregation system established under the Act Partially Amending the Income Tax Act and Other Acts (Act No. 8 of 2020), and the items for which the standalone tax system was revised in connection with that transition, the amounts of deferred tax assets and deferred tax liabilities are determined based on the provisions of the tax laws before amendment, in accordance with paragraph 3 of the Practical Response Report No. 39, “Treatment of Application of Tax Effect Accounting in Connection with the Transition from the Consolidated Taxation System to the Group Aggregation System” (31 March 2020), without applying the provisions of paragraph 44 of the Guidance on Accounting Standard for Tax Effect Accounting (ASBJ Guidance No. 28, 16 February 2018).」
In connection with the transition to the group tax sharing system, the company disclosed for the first time the accounting treatment of calculating deferred tax assets and liabilities based on tax laws before the amendment.