Changes to deferred tax recognition upon application of IAS 12
First written in FY2024-Q1. 3 of 4 entries say "Restated". Latest entry: FY2024.
16 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The consolidated financial statements for the previous consolidated fiscal year have been retrospectively restated following adoption of the amendments. As a result, deferred tax liabilities increased by ¥54 million and retained earnings decreased by ¥54 million in the consolidated statement of financial position for the previous consolidated fiscal year.」
The company has continued to disclose the application of the amendments to IAS 12 and the retrospective adjustments to deferred tax liabilities and retained earnings. - FY2024-Q3RestatedAnnual report
「Our group has applied “Deferred Tax related to Assets and Liabilities arising from a Single Transaction” (amendments to IAS 12, Income Taxes) beginning with the first quarter of the consolidated fiscal year.」
The amendments to IAS 12 were applied beginning with the first quarter, and the accounting treatment recognizing deferred tax liabilities and deferred tax assets has continued. - FY2024-Q2RestatedAnnual report
「Our group has applied “Deferred Tax related to Assets and Liabilities arising from a Single Transaction” (amendments to IAS 12, Income Taxes) beginning with the first quarter of the consolidated fiscal year.」
The amendments to IAS 12 were applied beginning with the first quarter, and the accounting treatment recognizing deferred tax liabilities and deferred tax assets has continued. - FY2024-Q1First statedAnnual report
「Our group has applied “Deferred Tax related to Assets and Liabilities arising from a Single Transaction” (amendments to IAS 12, Income Taxes) beginning with the first quarter of the current consolidated fiscal year.」
For taxable and deductible temporary differences arising from a single transaction, the amendments to IAS 12 requiring separate recognition of deferred tax liabilities and deferred tax assets have been newly applied. The consolidated financial statements for the previous consolidated fiscal year were retrospectively restated, resulting in a ¥54 million increase in deferred tax liabilities and a ¥54 million decrease in retained earnings.