Application of Revised Tax-Effect Accounting Standards and Changes in Deferred-Tax Presentation
First written in FY2019-Q1. 1 of 2 entries say "Restated". Latest entry: FY2019-Q2.
The whole theme swung hardest in 2024: 3 of 9 companies on the "Worse" side.
- FY2019-Q2RestatedAnnual report
「The partial amendments to the Accounting Standard for Tax Effect Accounting (Accounting Standards Board of Japan Statement No. 28, 16 February 2018) and other standards have been applied from the beginning of the first quarter of the current fiscal year. Deferred tax assets are presented under investments and other assets, while deferred tax liabilities are presented under non-current liabilities.」
税効果会計基準の改正を第１四半期連結会計期間の期首から適用し、繰延税金資産・負債の表示区分を変更した方針を継続している。 - FY2019-Q1First statedAnnual report
「We adopted, from the beginning of the first quarter of the current fiscal year, the partial amendments to the Accounting Standard for Tax Effect Accounting (Accounting Standard No. 28, 16 February 2018) and related standards. Deferred tax assets are presented under investments and other assets, while deferred tax liabilities are presented under non-current liabilities.」
The Company applied the revised tax effect accounting standards from the beginning of the first quarter of the fiscal year beginning 1 April 2018 and changed the presentation of deferred tax assets and liabilities. The change was also applied retrospectively to the previous fiscal year's consolidated balance sheet.