Recoverability Risk for Deferred Tax Assets
First written in FY2017. 4 of 5 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2020: 20 of 62 companies on the "Worse" side.
- FY2022RestatedAnnual report
「Because the recoverability of deferred tax assets depends on estimates of future taxable income, changes in the assumptions underlying those estimates may require the deferred tax assets to be written down, potentially increasing income tax expense for the period.」
The company continues to disclose the assessment of deferred tax asset recoverability based on future taxable income and tax planning, as well as the possibility of a write-down if assumptions change. - FY2020RestatedAnnual report
「The company assesses the realizability of deferred tax assets by preparing forecasts of future taxable income and detailed tax plans. If factors affecting realizability are expected to arise, a valuation allowance may need to be recognized or adjusted.」
The company continues to disclose its assessment of the recoverability of deferred tax assets based on future taxable income and tax plans, as well as the possibility of adjusting the valuation allowance. - FY2019RestatedAnnual report
「The company assesses the realizability of deferred tax assets by preparing forecasts of future taxable income and detailed tax plans. If factors affecting realizability are expected to arise, a valuation allowance may need to be recognized or adjusted.」
The company continues to disclose its assessment of the recoverability of deferred tax assets based on future taxable income and tax plans, as well as the possibility of adjusting the valuation allowance. - FY2018RestatedAnnual report
「The company assesses the realizability of deferred tax assets by preparing forecasts of future taxable income and detailed tax plans. If factors affecting realizability are expected to arise, a valuation allowance may need to be recognized or adjusted.」
The company continues to disclose its assessment of the recoverability of deferred tax assets based on future taxable income and tax plans, as well as the possibility of adjusting the valuation allowance. - FY2017First statedAnnual report
「The group assesses the realizability of deferred tax assets by preparing forecasts of future taxable income and detailed tax plans. If factors affecting realizability are expected to arise, a valuation allowance may need to be recognized or adjusted.」
The company states that a valuation allowance for deferred tax assets may be recognized or adjusted due to changes in forecasts of future taxable income or tax plans.