Transition to the Group Tax Sharing System
First written in FY2024-Q2. 1 of 3 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2020: 3 of 8 companies on the "Worse" side.
7 other companies' latest entry also says "Achieved".
- FY2024AchievedAnnual report
「The company and its consolidated subsidiaries have applied the group aggregation system from the current consolidated fiscal year.」
Following preparations for the transition to the group aggregation system, the company began applying it from the current consolidated fiscal year. - FY2024-Q3RestatedAnnual report
「Beginning with the first quarter of the current consolidated fiscal year, the company and its consolidated subsidiaries have transitioned from the consolidated taxation system to the group aggregation system.」
The company continues its transition to the group aggregation system from the first-quarter consolidated accounting period, together with the related accounting treatment and disclosures. - FY2024-Q2First statedAnnual report
「From the first quarter of the current fiscal year, the Company and its consolidated subsidiaries have transitioned from the consolidated taxation system to the group tax sharing system. Accordingly, the accounting and disclosure treatment for corporate income taxes, local corporate taxes and tax-effect accounting is conducted in accordance with the "Accounting and Disclosure Treatment When Applying the Group Tax Sharing System" (Practical Response Report No. 42, 12 August 2021; hereinafter, "Practical Response Report No. 42").」
From the first-quarter consolidated accounting period, the company transitioned from the consolidated taxation system to the group aggregation system and decided to account for and disclose corporate tax, local corporate tax and tax-effect accounting in accordance with Practical Solution Report No. 42.