Tax-effect accounting following the transition to the group aggregation system
First written in FY2022-Q2. 1 of 4 entries say "Restated". Latest entry: FY2023-Q1.
The whole theme swung hardest in 2025: 1 of 12 companies on the "Worse" side.
- FY2023-Q1AchievedAnnual report
「The Company and certain consolidated subsidiaries have transitioned from the consolidated taxation system to the group tax sharing system from the current first quarter of the consolidated fiscal year.」
The transition from the consolidated taxation system to the group tax sharing system, which had been presented as planned in the previous fiscal year, was implemented from the current first quarter of the consolidated fiscal year. - FY2022AdvancedAnnual report
「The Company and certain consolidated subsidiaries will transition from the consolidated taxation system to the group aggregation system from the next consolidated fiscal year.」
The transition to the group tax sharing system from the next consolidated fiscal year and the planned application of Practical Response Report No. 42 were explicitly stated, making preparations for the transition more concrete. - FY2022-Q3RestatedAnnual report
「The Company and certain consolidated subsidiaries have applied the provisions of paragraph 44 of the Implementation Guidance on Tax Effect Accounting (Accounting Standard Implementation Guidance No. 28, 16 February 2018) in accordance with paragraph 3 of the Practical Response Report on the Application of Tax Effect Accounting Related to the Transition from the Consolidated Taxation System to the Group Tax Sharing System (Practical Response Report No. 39, 31 March 2020), without applying the provisions concerning items established under the Act Partially Amending the Income Tax Act and Other Acts (Act No. 8 of 2020) in connection with the transition to the group tax sharing system and the related review of the standalone taxation system. Accordingly, deferred tax assets and deferred tax liabilities are measured based on the provisions of the tax laws before amendment.」
The tax-effect accounting treatment associated with the transition to the group tax sharing system continues to be disclosed, with no substantive change from the previous quarter. - FY2022-Q2First statedAnnual report
「The Company and certain consolidated subsidiaries have applied the provisions of paragraph 44 of the Implementation Guidance on Tax Effect Accounting (Accounting Standard Implementation Guidance No. 28, 16 February 2018) in accordance with paragraph 3 of the Practical Response Report on the Application of Tax Effect Accounting Related to the Transition from the Consolidated Taxation System to the Group Tax Sharing System (Practical Response Report No. 39, 31 March 2020), without applying the provisions concerning items established under the Act Partially Amending the Income Tax Act and Other Acts (Act No. 8 of 2020) in connection with the transition to the group tax sharing system and the related review of the standalone taxation system. Accordingly, deferred tax assets and deferred tax liabilities are measured based on the provisions of the tax laws before amendment.」
The tax-effect accounting treatment associated with the transition to the group tax sharing system was disclosed for the first time as separate additional information.