Change in Statutory Effective Tax Rate Following Introduction of Special Defense Corporation Tax
First written in FY2025-H1. 1 of 2 entries say "Restated". Latest entry: FY2025.
16 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Accordingly, for deferred tax assets and deferred tax liabilities relating to temporary differences expected to reverse in and after the fiscal years beginning on 1 October 2026, the statutory effective tax rate was changed from 30.41% to 31.31% for calculation purposes. The impact of this tax rate change is immaterial.」
The full-year financial statements reconfirm the change in the statutory effective tax rate from 30.41% to 31.31% due to the special corporation tax for national defense and state that the impact is immaterial. - FY2025-H1First statedAnnual report
「For deferred tax assets and deferred tax liabilities relating to temporary differences expected to reverse in and after the fiscal years beginning on 1 October 2026, the statutory effective tax rate was changed from 30.41% to 31.31% for calculation purposes. The impact of this tax rate change is immaterial.」
Due to the introduction of the special corporation tax for national defense, deferred tax assets and liabilities relating to temporary differences expected to reverse on or after 1 October 2026 are calculated using a statutory effective tax rate changed from 30.41% to 31.31%.