Reversal of deferred tax assets due to deteriorating recoverability
First written in FY2017. 10 of 17 entries say "Worsened", first in FY2018. Latest entry: FY2026.
Kan-Nanmaru moved to the "Worse" side of this theme in 2017, 8 years before the typical company in this theme (2025).
The whole theme swung hardest in 2026: 10 of 13 companies on the "Worse" side.
8 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The valuation allowance increased by ¥58.911 million from the previous fiscal year. This was mainly due to an increase in the valuation allowance related to tax loss carryforwards.」
The valuation allowance increased from ¥996.997 million in the previous fiscal year to ¥1,055.908 million, while deferred tax assets remained zero. - 2026-09-04WorsenedGeneral Meetings of Shareholders
「Valuation allowance △¥1,055,908 thousand」
The valuation allowance for deferred tax assets increased from ¥996,997 thousand to ¥1,055,908 thousand, while total deferred tax assets remained zero. - FY2025WorsenedAnnual report
「The valuation allowance increased by ¥200.921 million from the previous fiscal year. This was mainly due to an increase in the valuation allowance for tax loss carryforwards.」
The valuation allowance increased from ¥796.076 million in the previous fiscal year to ¥996.997 million, while total deferred tax assets remained zero. - FY2024WorsenedAnnual report
「The valuation allowance increased by ¥73.618 million from the previous fiscal year. This was mainly due to an increase in the valuation allowance for tax loss carryforwards.」
The valuation allowance increased from ¥722.458 million in the previous fiscal year to ¥796.076 million, while total deferred tax assets remained zero. - FY2023WorsenedAnnual report
「The valuation allowance increased by ¥82.802 million from the previous fiscal year. This was mainly due to an increase in the valuation allowance for tax loss carryforwards.」
The valuation allowance increased from ¥639.656 million in the previous fiscal year to ¥722.458 million, while deferred tax assets remained zero. - FY2022WorsenedAnnual report
「Total valuation allowance △645,948 Total deferred tax assets －」
The valuation allowance increased from ¥608.500 million in the previous fiscal year to ¥645.948 million, while deferred tax assets remained zero. - FY2021WorsenedAnnual report
「Total valuation allowance △608,500 Total deferred tax assets －」
The valuation allowance increased from ¥466.646 million in the previous fiscal year to ¥608.500 million, while deferred tax assets remained zero. - FY2020WorsenedAnnual report
「Subtotal of valuation allowance (Note 1) △466,646 Total deferred tax assets －」
The valuation allowance increased from ¥288.747 million in the previous fiscal year to ¥466.646 million, while deferred tax assets remained zero. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter, no new business or other risks arose. In addition, there were no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company continues to state that no new business or other risks have arisen and that no material changes have occurred to existing risks. - FY2019WorsenedAnnual report
「Subtotal of valuation allowance (Note 1) △288,747 Total deferred tax assets －」
The valuation allowance increased from ¥212.442 million in the previous fiscal year to ¥288.747 million, while deferred tax assets decreased from ¥44 thousand in the previous fiscal year to zero. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter, no new business or other risks arose. In addition, there were no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The Company states that no new business risks arose and that no material changes occurred in existing risks. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter, no new business or other risks arose. In addition, there were no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company continues to state that no new business or other risks have arisen and that no material changes have occurred to existing risks. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter, no new business or other risks arose. In addition, there were no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The Company states that no new business risks arose and that no material changes occurred in existing risks. - FY2018WorsenedAnnual report
「Valuation allowance △136,800 Total deferred tax assets 44」
The valuation allowance increased from ¥46.950 million to ¥136.800 million, while deferred tax assets decreased to ¥44 thousand. - FY2018-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company continues to disclose that no new business or other risks have arisen and that no material changes have occurred to existing risks. - FY2018-Q2RestatedAnnual report
「No new business or other risks arose during the six-month period of the current consolidated fiscal year. There were also no material changes to the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company has explicitly stated that there have been no new business or other risks and no material changes to existing risks. - FY2017MaterialisedAnnual report
「As a result of reviewing the recoverability of deferred tax assets, the company wrote down a portion of the deferred tax assets and recorded ¥44.889 million in deferred income taxes.」
A portion of the deferred tax assets was actually written down, and the company recorded ¥44.889 million in deferred income taxes.