Tax-Effect Accounting Following the Transition From the Consolidated Taxation System to the Group Tax-Sharing System
First written in FY2022-Q1. 2 of 4 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2025: 1 of 12 companies on the "Worse" side.
105 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「We and certain consolidated subsidiaries have transitioned to the group relief system from the beginning of the current consolidated fiscal year.」
The company continues to apply its corporate tax and tax-effect accounting treatment following the transition to the group relief system. - FY2023-Q1AchievedAnnual report
「We and certain consolidated subsidiaries have transitioned from the consolidated taxation system to the group relief system from the beginning of the first quarter of the current consolidated fiscal year.」
The transition from the consolidated taxation system to the group relief system took effect from the beginning of the first quarter of the current consolidated fiscal year. - FY2022-Q2RestatedAnnual report
「With respect to the transition to the group relief system established under the Act Partially Amending the Income Tax Act and Other Acts (Act No. 8 of 2020), and items for which the single-entity tax payment system was revised in connection with that transition, we and our consolidated subsidiaries have, pursuant to paragraph 3 of the Practical Solution on the Application of Tax Effect Accounting for the Transition from the Consolidated Taxation System to the Group Relief System (ASBJ Practical Issues Task Force No. 39, 31 March 2020), applied the provisions based on the pre-amendment tax laws to the amounts of deferred tax assets and deferred tax liabilities without applying paragraph 44 of the Guidance on Accounting Standard for Tax Effect Accounting (ASBJ Guidance No. 28, 16 February 2018).」
The company continues to apply the treatment for tax-effect accounting associated with the transition to the group relief system that it applied in the previous quarter. - FY2022-Q1First statedAnnual report
「With respect to the transition to the group relief system established under the Act Partially Amending the Income Tax Act and Other Acts (Act No. 8 of 2020), and items for which the single-entity tax payment system was revised in connection with that transition, we and our consolidated subsidiaries have, pursuant to paragraph 3 of the Practical Solution on the Application of Tax Effect Accounting for the Transition from the Consolidated Taxation System to the Group Relief System (ASBJ Practical Issues Task Force No. 39, 31 March 2020), applied the provisions based on the pre-amendment tax laws to the amounts of deferred tax assets and deferred tax liabilities without applying paragraph 44 of the Guidance on Accounting Standard for Tax Effect Accounting (ASBJ Guidance No. 28, 16 February 2018).」
For tax-effect accounting related to the transition to the group relief system, the company applies the treatment of calculating deferred tax assets and liabilities based on the pre-amendment tax laws.