Tax-effect accounting following the transition to the group tax consolidation system
First written in FY2022-Q2. 2 of 4 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2025: 1 of 12 companies on the "Worse" side.
- FY2024RestatedAnnual report
「The Company and its domestic consolidated subsidiaries have applied the group taxation system from the current consolidated fiscal year.」
The company continues to apply its accounting treatment for tax-effect accounting and income taxes following the transition to the group tax sharing system. - FY2023RestatedAnnual report
「The Company and its domestic consolidated subsidiaries have applied the group taxation system from the current consolidated fiscal year.」
The company continues to apply its accounting treatment for tax-effect accounting and income taxes following the transition to the group tax sharing system. - FY2023-Q1AchievedAnnual report
「The company and its domestic consolidated subsidiaries transitioned from the consolidated taxation system to the group tax sharing system from the beginning of the first quarter of the current fiscal year.」
The planned transition to the group tax sharing system was implemented from the first quarter of the consolidated fiscal year. - FY2022-Q2First statedAnnual report
「The Company and its domestic consolidated subsidiaries are transitioning to the group tax sharing system established under the Act Partially Amending the Income Tax Act and Other Acts (Act No. 8 of 2020). For items revised in connection with the transition from the consolidated taxation system to the group tax sharing system, deferred tax assets and deferred tax liabilities are measured under the provisions of the tax laws before the amendments, in accordance with Paragraph 3 of Practical Solution Report No. 39, without applying Paragraph 44 of the Implementation Guidance on Tax Effect Accounting.」
Regarding tax-effect accounting in connection with the transition to the group tax sharing system, the company discloses that deferred tax assets and liabilities are measured under the tax laws in effect before the amendment, based on the relevant Practical Response Report.