Risk related to the valuation of deferred tax assets, impairment, and retirement benefits
First written in FY2016. 2 of 5 entries say "Restated". Latest entry: FY2026.
Mazda Motor moved to the "Worse" side of this theme in 2020, 1 year before the typical company in this theme (2021).
The whole theme swung hardest in 2020: 4 of 21 companies on the "Worse" side.
1 other company's latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The valuation allowance increased by ¥9,957 million. This was primarily due to an increase in the company's tax loss carryforwards and the related valuation allowance, among other factors.」
Factors weighing on the recoverability of deferred tax assets increased, mainly due to an increase in the valuation allowance related to tax loss carryforwards. - FY2021-Q2RestatedAnnual report
「Assuming that the impact would continue to a certain extent after the third quarter, the company reviewed the recoverability of deferred tax assets during the second quarter.」
Based on the assumption that the impact of COVID-19 would continue to a certain extent from the third quarter onward, the company again reviewed the recoverability of deferred tax assets. - FY2020WorsenedAnnual report
「The valuation allowance increased by ¥12,672 million. The primary reason for this increase was that the company estimated the impact of the spread of COVID-19 at the end of the consolidated fiscal year based on certain assumptions and reviewed the recoverability of deferred tax assets.」
The valuation allowance increased by ¥12.672 billion following a review of the recoverability of deferred tax assets in light of the impact of COVID-19. - FY2017RestatedAnnual report
「The Group's operating results and financial position may be affected by financial accounting valuations of assets and liabilities, including the following financial accounting factors, as well as changes in accounting standards and the adoption of new standards.」
The company continues to face financial accounting risks related to deferred tax assets, impairment of fixed assets, retirement benefits, and changes in accounting standards. - FY2016First statedAnnual report
「The Group's operating results and financial position may be affected by financial accounting valuations of assets and liabilities, including the following financial accounting factors, as well as changes in accounting standards and the adoption of new standards.」
The company identifies the recoverability of deferred tax assets, impairment of fixed assets, and changes in retirement benefit obligations and pension assets.