Review of Deferred Tax Asset Recoverability and Reversal of Valuation Allowance
First written in FY2025. 3 of 4 entries say "Materialised", first in FY2025. Latest entry: FY2026.
Twinbird moved to the "Worse" side of this theme in 2025, 5 years after the typical company in this theme (2020).
The whole theme swung hardest in 2019: 3 of 13 companies on the "Worse" side.
22 other companies' latest entry also says "Other".
- FY2026Continued Reversal of Deferred Tax Assets and Lower AmountAnnual report
「In addition, after reasonably estimating the Company’s future taxable income as of the current date and reviewing the recoverability of deferred tax assets, the Company reversed deferred tax assets recognized on the balance sheet and recognized an income taxes adjustment loss of ¥61 million.」
The reversal of deferred tax assets continued after ¥204 million in the previous fiscal year, while the income taxes adjustment for the current fiscal year was ¥61 million. The valuation allowance increased to ¥599.455 million. - FY2025MaterialisedAnnual report
「After reasonably estimating the Company’s future taxable income as of the current date and reviewing the recoverability of deferred tax assets, the Company reversed deferred tax assets recognized on the balance sheet and recognized an income taxes adjustment loss of ¥204 million.」
The Company reversed deferred tax assets and recognized an income taxes adjustment of ¥204 million following a review of its estimate of future taxable income and the recoverability of deferred tax assets.