Risk Relating to the Recoverability of Deferred Tax Assets
First written in FY2021. 2 of 5 entries say "Materialised", first in FY2022. Latest entry: FY2026.
Willtec moved to the "Worse" side of this theme in 2022, 1 year after the typical company in this theme (2021).
The whole theme swung hardest in 2024: 7 of 28 companies on the "Worse" side.
3 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Valuation allowance for total deductible temporary differences and other items △299」
The valuation allowance related to the recoverability of deferred tax assets decreased from ¥353 million in the previous fiscal year to ¥299 million, indicating a smaller allowance. - FY2025WorsenedAnnual report
「Valuation allowance for total deductible temporary differences and other items △353」
The valuation allowance against deferred tax assets increased from ¥316 million in the previous fiscal year to ¥353 million, indicating a larger allowance for recoverability. - FY2024MaterialisedAnnual report
「The valuation allowance increased by ¥221 million.」
The valuation allowance related to the recoverability of deferred tax assets increased by ¥221 million from the previous fiscal year. - FY2022MaterialisedAnnual report
「The valuation allowance increased by ¥73 million. This increase resulted from a change in the company classification used in determining the recoverability of deferred tax assets.」
A change in the assumptions used to assess the recoverability of deferred tax assets actually increased the valuation allowance and reduced deferred tax assets. - FY2021First statedAnnual report
「Because the recoverability of deferred tax assets depends on estimates of future taxable income, if changes in the conditions or assumptions underlying those estimates result in a decrease, this could adversely affect our Group's business and operating results.」
We identify the possibility that deferred tax assets could decrease as a result of changes in estimates of future taxable income as a tax risk.