Risk That Deferred Tax Assets Cannot Be Recovered Due to Lower Future Taxable Income
First written in FY2021. 1 of 2 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2020: 20 of 62 companies on the "Worse" side.
- FY2023RestatedAnnual report
「If future taxable income falls below estimates because of deterioration in future market conditions or operating performance, and it is determined that some or all deferred tax assets cannot be recovered, an additional valuation allowance may be recognized against the deferred tax assets, potentially having a material impact on profit or loss.」
The risk that deferred tax assets may become unrecoverable owing to a downside in future taxable income continues. Deferred tax assets were disclosed at ¥15.692 billion. - FY2021First statedAnnual report
「If future taxable income falls below estimates because of deterioration in future market conditions or operating performance, and it is determined that some or all deferred tax assets cannot be recovered, an additional valuation allowance may be recognized against the deferred tax assets, potentially having a material impact on profit or loss.」
First standalone disclosure of the risk that deferred tax assets of ¥11,498 million may become unrecoverable because of deterioration in market conditions or operating performance.