Risk in Estimating the Recoverability of Deferred Tax Assets
First written in FY2022. 1 of 2 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2020: 20 of 62 companies on the "Worse" side.
- FY2024RestatedAnnual report
「If future uncertain economic conditions, significant changes in the market environment or other factors cause the amount or timing of taxable income actually realized to diverge from estimates, the amount of deferred tax assets in the financial statements for the following fiscal year may be materially affected.」
The risk to the recoverability of deferred tax assets arising from changes in the timing and amount of taxable income and in the market environment continues to be disclosed. - FY2022First statedAnnual report
「The Company estimates the recognition of deferred tax assets based on the timing and amount of taxable income expected to arise under future business plans. If the amount or timing of taxable income actually generated differs from the estimates due to significant changes in uncertain future economic conditions or the market environment, the amount of deferred tax assets in the financial statements for the following fiscal year may be materially affected.」
The potential impact on the financial statements of divergence from the market environment and other factors in the recoverability of deferred tax assets, based on the timing and amount of future taxable income, has been disclosed independently for the first time.