FY2025-H1First statedAnnual report
「The Accounting Standard for Current Income Taxes (Accounting Standard No. 27, 28 October 2022, hereinafter the “2022 Revised Accounting Standard”) and other standards have been applied from the beginning of the current interim consolidated accounting period. For the amendments concerning the classification of current income taxes, including taxes on other comprehensive income, the Company has followed the transitional treatment prescribed in the proviso to paragraph 20-3 of the 2022 Revised Accounting Standard and the transitional treatment prescribed in the proviso to paragraph 65-2 (2) of the Implementation Guidance on Accounting Standard for Tax Effect Accounting (Implementation Guidance No. 28, 28 October 2022, hereinafter the “2022 Revised Implementation Guidance”). Accordingly, the cumulative effect of applying the new accounting policy retrospectively before the beginning of the current interim consolidated accounting period was added to or deducted from retained earnings at the beginning of the period, with the corresponding amount added to or deducted from the appropriate category within accumulated other comprehensive income, and the new accounting policy was applied from the beginning of the period. The impact of this change in accounting policy on the interim consolidated financial statements was immaterial.」
The amended accounting standards and other guidance concerning the classification of current income taxes were applied from 1 April 2024, with the cumulative effect under the transitional treatment reflected in retained earnings and other accounts. The impact on the interim consolidated financial statements was immaterial.