Assessment of Deferred Tax Asset Recoverability and Additional Recognition
First written in FY2018-Q1. 3 of 5 entries say "Restated". Latest entry: FY2019-Q1.
The whole theme swung hardest in 2020: 3 of 12 companies on the "Worse" side.
0 other companies' latest entry also says "Softened".
- FY2019-Q1SoftenedAnnual report
「In the same period of the previous year, the Company recognized in a lump sum an income tax adjustment amount of negative ¥604 million (a negative amount represents a tax benefit) based on new Application Guidance on tax-effect accounting.」
The tax effect of the additional recognition of deferred tax assets is presented in the comparative information as a lump-sum recognition in the same period of the previous year, rather than as an additional recognition during the current quarter. - FY2018RestatedAnnual report
「Based on the Application Guidance on Recoverability of Deferred Tax Assets (ASBJ Guidance No. 26, 28 March 2016), which has been applied since the first quarter, the Company assessed the recoverability of deferred tax assets at the end of the current consolidated fiscal year and recorded an income tax adjustment amount of negative ¥489 million (a negative amount represents a tax benefit).」
The Company continued its assessment of deferred tax asset recoverability under the Application Guidance at year-end and recorded an income tax adjustment amount of negative ¥489 million. - FY2018-Q3RestatedAnnual report
「Based on the Application Guidance on Recoverability of Deferred Tax Assets (ASBJ Guidance No. 26, 28 March 2016), which has been applied since the first quarter, the Company assessed the recoverability of deferred tax assets at the end of the third quarter of the current consolidated fiscal year and recorded an income tax adjustment amount of negative ¥584 million (a negative amount represents a tax benefit).」
The Company continued its recoverability assessment under the Application Guidance and recorded an income tax adjustment amount of negative ¥584 million. - FY2018-Q2RestatedAnnual report
「Based on the Application Guidance on Recoverability of Deferred Tax Assets (ASBJ Guidance No. 26, 28 March 2016), which has been applied since the first quarter, the Company assessed the recoverability of deferred tax assets at the end of the second quarter of the current consolidated fiscal year and additionally recognized deferred tax assets. As a result, among other factors, the Company recorded an income tax adjustment amount of negative ¥685 million (a negative amount represents a tax benefit), resulting in quarterly net income attributable to owners of the parent of ¥1,644 million, up 145.8% year on year.」
The Company continued to assess the recoverability of deferred tax assets and recognize additional deferred tax assets under the Application Guidance, recording an income tax adjustment amount of negative ¥685 million. - FY2018-Q1First statedAnnual report
「Based on the Application Guidance on Recoverability of Deferred Tax Assets, the Company assessed the recoverability of deferred tax assets at the end of the first quarter of the current consolidated fiscal year and additionally recognized deferred tax assets. As a result, among other factors, the Company recognized an income tax adjustment amount of negative ¥604 million (a negative amount represents a tax benefit), resulting in quarterly net income attributable to owners of the parent of ¥934 million, up 126.2% year on year.」
Based on its recoverability assessment under the Application Guidance, the Company additionally recognized deferred tax assets and recorded an income tax adjustment amount of negative ¥604 million.