Tax-Effect Accounting Following the Transition to the Group-Relief System
First written in FY2021-Q2. 6 of 9 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 transitioned from the Consolidated Taxation System to the Group Tax Sharing System from the first quarter.」
The accounting treatment for tax effects and income taxes following the transition to the Group Tax Sharing System continues to be applied. - FY2023-Q3RestatedAnnual report
「The Company and its domestic consolidated subsidiaries have transitioned from the Consolidated Taxation System to the Group Tax Sharing System from the first quarter.」
The transition to the Group Tax Sharing System was implemented from the first quarter, and the related accounting and disclosure treatment continues in the third quarter. - FY2023-Q2RestatedAnnual report
「The Company and its domestic consolidated subsidiaries have transitioned from the Consolidated Taxation System to the Group Tax Sharing System from the first quarter.」
The transition to the Group Tax Sharing System, for which preparations had been made since the previous fiscal year, was implemented from the first quarter, and the related accounting and disclosure treatment continues in the second quarter. - FY2023-Q1AchievedAnnual report
「The Company and its domestic consolidated subsidiaries have transitioned from the Consolidated Taxation System to the Group Tax Sharing System from the first quarter of the current consolidated fiscal year.」
The transition to the Group Tax Sharing System, for which preparations had been made since the previous fiscal year, was implemented from the first quarter of the current fiscal year, together with the related accounting and disclosure treatment. - FY2022AdvancedAnnual report
「The Company and certain domestic consolidated subsidiaries will transition from the Consolidated Taxation System to the Group Tax Sharing System from the following consolidated fiscal year.」
The transition to the Group Tax Sharing System has progressed to the implementation stage beginning in the following consolidated fiscal year, and new practical treatment concerning accounting and disclosure at the time of implementation is also scheduled to be applied. - FY2022-Q2RestatedAnnual report
「The Company and certain domestic consolidated subsidiaries have applied the treatment set out in paragraph 3 of the “Practical Treatment on the Application of Tax Effect Accounting in Connection with the Transition from the Consolidated Taxation System to the Group Tax Sharing System” (Practical Response Report No. 39, 31 March 2020) to matters concerning the transition to the Group Tax Sharing System established under the Act Partially Amending the Income Tax Act and Other Acts (Act No. 8 of 2020), and matters for which the stand-alone taxation system was revised in connection with that transition. Accordingly, they have not applied the provisions of paragraph 44 of the “Implementation Guidance on Accounting Standard for Tax Effect Accounting” (ASBJ Guidance No. 28, 16 February 2018) and have calculated deferred tax assets and deferred tax liabilities based on the provisions of tax laws before the amendments.」
In connection with the transition to the Group Tax Sharing System, the Company continues to recognize deferred tax assets and liabilities based on tax laws before the amendments. - FY2022-Q1RestatedAnnual report
「The Company and certain domestic consolidated subsidiaries have applied the treatment set out in paragraph 3 of the “Practical Treatment on the Application of Tax Effect Accounting in Connection with the Transition from the Consolidated Taxation System to the Group Tax Sharing System” to matters concerning the transition to the Group Tax Sharing System established under the Act Partially Amending the Income Tax Act and Other Acts (Act No. 8 of 2020), and matters for which the stand-alone taxation system was revised in connection with that transition. Accordingly, they have not applied the provisions of paragraph 44 of the “Implementation Guidance on Accounting Standard for Tax Effect Accounting” and have calculated deferred tax assets and deferred tax liabilities based on the provisions of tax laws before the amendments.」
In connection with the transition to the Group Tax Sharing System, the Company continues to recognize deferred tax assets and liabilities based on tax laws before the amendments. - FY2021-Q3RestatedAnnual report
「The Company and certain domestic consolidated subsidiaries have applied the treatment set out in paragraph 3 of the “Practical Treatment on the Application of Tax Effect Accounting in Connection with the Transition from the Consolidated Taxation System to the Group Tax Sharing System” to matters concerning the transition to the Group Tax Sharing System established under the Act Partially Amending the Income Tax Act and Other Acts (Act No. 8 of 2020), and matters for which the stand-alone taxation system was revised in connection with that transition. Accordingly, they have not applied the provisions of paragraph 44 of the “Implementation Guidance on Accounting Standard for Tax Effect Accounting” and have calculated deferred tax assets and deferred tax liabilities based on the provisions of tax laws before the amendments.」
In connection with the transition to the Group Tax Sharing System, the Company continues to recognize deferred tax assets and liabilities based on tax laws before the amendments. - FY2021-Q2First statedAnnual report
「The Company and certain domestic consolidated subsidiaries have applied the treatment set out in paragraph 3 of the “Practical Treatment on the Application of Tax Effect Accounting in Connection with the Transition from the Consolidated Taxation System to the Group Tax Sharing System” to matters concerning the transition to the Group Tax Sharing System established under the Act Partially Amending the Income Tax Act and Other Acts (Act No. 8 of 2020), and matters for which the stand-alone taxation system was revised in connection with that transition. Accordingly, they have not applied the provisions of paragraph 44 of the “Implementation Guidance on Accounting Standard for Tax Effect Accounting” and have calculated deferred tax assets and deferred tax liabilities based on the provisions of tax laws before the amendments.」
For tax-effect accounting in connection with the transition to the Group Tax Sharing System, the Company has disclosed for the first time that deferred tax assets and liabilities are recognized based on tax laws before the amendments.