Reduction in deferred tax assets due to fluctuations in future taxable income
First written in FY2023-Q1. 3 of 4 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2023: 4 of 11 companies on the "Worse" side.
2 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「If the recoverability of deferred tax assets becomes uncertain, the resulting tax adjustment expense from reducing the Group's deferred tax assets could adversely affect business performance and could lower its equity ratio.」
The risk of reduced deferred tax assets due to changes in future taxable income remains ongoing. - FY2023-Q3RestatedAnnual report
「If the recoverability of deferred tax assets becomes uncertain, the resulting tax adjustment expense from reducing the Group's deferred tax assets could adversely affect business performance and could lower its equity ratio.」
The risk of reduced deferred tax assets due to changes in future taxable income remains ongoing. - FY2023-Q2RestatedAnnual report
「If the recoverability of deferred tax assets becomes uncertain, the resulting tax adjustment expense from reducing the Group's deferred tax assets could adversely affect business performance and could lower its equity ratio.」
The risk of reduced deferred tax assets due to changes in future taxable income remains ongoing. - FY2023-Q1First statedAnnual report
「If the recoverability of deferred tax assets becomes uncertain, the resulting tax adjustment expense from reducing the Group's deferred tax assets could adversely affect business performance and could lower its equity ratio.」
The disclosure identifies changes in expected future earnings and taxable income as potentially leading to a reduction in deferred tax assets and a lower equity ratio.