Recoverability of deferred tax assets
First written in FY2016. 4 of 11 entries say "Mitigated", first in FY2020. Latest entry: FY2026.
The whole theme swung hardest in 2020: 20 of 62 companies on the "Worse" side.
- FY2026MitigatedAnnual report
「Net deferred tax assets and liabilities (△) 368 290」
Net deferred tax assets and liabilities decreased from net assets of ¥368 million to net assets of ¥290 million, while the valuation allowance decreased from ¥276 million to ¥240 million. The impact of the valuation allowance related to recoverability risk decreased from the previous fiscal year. - FY2025MitigatedAnnual report
「Net deferred tax assets and liabilities (△) 210 368」
Net deferred tax assets and liabilities increased from net assets of ¥210 million to net assets of ¥368 million, while the valuation allowance decreased from ¥388 million to ¥276 million. The impact of recoverability risk decreased from the previous fiscal year. - FY2024MitigatedAnnual report
「Net deferred tax assets and liabilities (△) △60 210」
Net deferred tax assets and liabilities changed from net liabilities of ¥60 million in the previous fiscal year to net assets of ¥210 million. The valuation allowance also decreased from ¥1,053 million to ¥388 million, reducing the impact of recoverability risk from the previous fiscal year. - FY2022RestatedAnnual report
「Because the recoverability of deferred tax assets depends on estimates of future taxable income, if the conditions or assumptions underlying those estimates change and future taxable income declines, deferred tax assets may be reduced and tax expenses recognized.」
Although the balance of deferred tax assets is small, the recoverability risk depending on estimates of future taxable income continued to be reported. - FY2020MitigatedAnnual report
「Deferred tax assets decreased from ¥5 million to ¥3 million.」
The balance of deferred tax assets decreased from ¥5 million in the previous fiscal year to ¥3 million in the current fiscal year, and the impact of the recoverability review that was significant in the previous fiscal year did not occur on the same scale in the current fiscal year. The underlying risk associated with dependence on future taxable income continues. - FY2019WorsenedAnnual report
「The Company recorded income taxes of ¥1,635 million, mainly due to the reversal of deferred tax assets following a review of their recoverability, resulting in profit of ¥22 million, a deterioration of ¥584 million from the same period of the previous year.」
The Company recorded income taxes of ¥1,635 million due to the reversal of deferred tax assets following a review of their recoverability and other factors. Deferred tax assets on the consolidated balance sheet decreased from ¥1,113 million to ¥5 million, indicating a significant impact from the risk. - FY2019-Q1MaterialisedAnnual report
「The quarterly net loss attributable to owners of the parent was ¥773 million, a deterioration of ¥255 million from the same quarter of the previous year, due to an increase in income tax adjustments accompanying the reversal of deferred tax assets.」
The reversal of deferred tax assets also occurred in the first quarter, worsening the quarterly net loss by ¥255 million year on year through an increase in income tax adjustments. - FY2018RestatedAnnual report
「If, due to events such as a market downturn or deterioration in operating performance, the Company's corporate group determines that all or part of the deferred tax assets currently recognized are unrecoverable, the reversal of deferred tax assets could affect the group's operating performance and financial condition.」
The risk concerning the recoverability of deferred tax assets was reiterated. - FY2018-Q1MaterialisedAnnual report
「The quarterly net loss attributable to owners of the parent was ¥517 million, a deterioration of ¥623 million from the same quarter of the previous year, due to an increase in income tax adjustments accompanying the reversal of deferred tax assets.」
The reversal of deferred tax assets also occurred in the first quarter, resulting in a quarterly net loss of ¥517 million through an increase in income tax adjustments. - FY2017RestatedAnnual report
「If, due to events such as a market downturn or deterioration in operating performance, the Company's corporate group determines that all or part of the deferred tax assets currently recognized are unrecoverable, the reversal of deferred tax assets could affect the group's operating performance and financial condition.」
The risk concerning the recoverability of deferred tax assets was reiterated. - FY2016First statedAnnual report
「As a result of recording income taxes, including ¥303 million from the reversal of deferred tax assets due to a review of the tax rate and other factors, net income attributable to owners of the parent was ¥115 million, an improvement of ¥537 million from the same period of the previous year.」
The reversal of deferred tax assets occurred during the current fiscal year. The risk section states that additional reversals may occur due to a future decrease in taxable income and other factors.