Risk relating to the recoverability of deferred tax assets
First written in FY2020. 6 of 7 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2024: 11 of 25 companies on the "Worse" side.
7 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The recoverability of deferred tax assets depends on estimates of future taxable income, and the key assumption underlying those estimates is the sales plan. If the assumptions underlying those estimates change, deferred tax assets may be reduced and tax expense may be recognized.」
The company continues to disclose the risk of a reduction in deferred tax assets due to changes in the sales plan or estimates of future taxable income. - FY2024RestatedAnnual report
「The recoverability of deferred tax assets depends on estimates of future taxable income, and the key assumption underlying those estimates is the sales plan. If the assumptions underlying those estimates change, deferred tax assets may be reduced and tax expense may be recognized.」
The company continues to disclose the possibility that deferred tax assets may be reduced as a result of changes in the sales plan or estimates of future taxable income. - FY2022RestatedAnnual report
「The recoverability of deferred tax assets depends on estimates of future taxable income, and the key assumption underlying those estimates is the sales plan.」
The company continues to disclose the possibility that deferred tax assets may be reduced as a result of changes in the sales plan or estimates of future taxable income. - FY2021RestatedAnnual report
「The recoverability of deferred tax assets depends on estimates of future taxable income, and the key assumption underlying those estimates is the sales plan.」
The company continues to disclose the possibility that deferred tax assets may be reduced as a result of changes in the sales plan or estimates of future taxable income. - FY2021-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to the existing risk concerning the recoverability of deferred tax assets. - FY2021-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to the existing risk concerning the recoverability of deferred tax assets. - FY2020First statedAnnual report
「Because the recoverability of deferred tax assets depends on estimates of future taxable income, if the conditions or assumptions underlying those estimates change and future taxable income declines, deferred tax assets may be reduced and tax expenses recognized.」
The company first disclosed, as a separate accounting risk, the possibility that changes in estimated future taxable income or assumptions could result in a reduction of deferred tax assets and the recognition of tax expense.