Change in the method of calculating tax expense
First written in FY2021-Q2. 7 of 8 entries say "Restated". Latest entry: FY2025-H1.
95 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「Income taxes are calculated by reasonably estimating the effective tax rate after applying tax-effect accounting to profit or loss before income taxes for the consolidated fiscal year, including the current interim consolidated accounting period, and multiplying profit or loss before income taxes for the interim period by that estimated effective tax rate.」
The interim-period method of calculating income tax expense using the estimated effective tax rate continues to be applied. - FY2024-Q3RestatedAnnual report
「For tax expenses, we estimate on a reasonable basis the effective tax rate after applying tax-effect accounting to income before income taxes for the consolidated fiscal year that includes the consolidated accounting period for the third quarter under review, and calculate quarterly income taxes by multiplying income before income taxes for the quarter by that estimated effective tax rate.」
We continue to calculate quarterly income taxes using the estimated effective tax rate. - FY2024-Q2RestatedAnnual report
「Tax expense is calculated by reasonably estimating the effective tax rate, after applying tax-effect accounting, on pretax income for the consolidated fiscal year that includes the second quarter, and multiplying pretax quarterly income by the estimated effective tax rate.」
We continue to calculate quarterly income taxes using the estimated effective tax rate. - FY2024-Q1RestatedAnnual report
「Tax expense is calculated by reasonably estimating the effective tax rate after applying tax-effect accounting to pretax income for the consolidated fiscal year that includes the first quarter of the current fiscal year, and multiplying pretax quarterly income by that estimated effective tax rate.」
We continue to calculate quarterly income taxes using the estimated effective tax rate. - FY2023-Q2RestatedAnnual report
「Tax expense is calculated by reasonably estimating the effective tax rate, after applying tax-effect accounting, on pretax income for the consolidated fiscal year that includes the second quarter, and multiplying pretax quarterly income by the estimated effective tax rate.」
We continue to calculate quarterly income taxes using the estimated effective tax rate. - FY2022-Q2RestatedAnnual report
「Tax expense is calculated by reasonably estimating the effective tax rate, after applying tax-effect accounting, on pretax income for the consolidated fiscal year that includes the second quarter, and multiplying pretax quarterly income by the estimated effective tax rate.」
We continue to calculate quarterly income taxes using the estimated effective tax rate. - FY2022-Q1RestatedAnnual report
「Tax expense is calculated by reasonably estimating the effective tax rate after applying tax-effect accounting to pretax income for the consolidated fiscal year that includes the first quarter of the current fiscal year, and multiplying pretax quarterly income by that estimated effective tax rate.」
We continue to calculate quarterly income taxes using the estimated effective tax rate. - FY2021-Q2First statedAnnual report
「Previously, income taxes were calculated using the standard method. However, from the first quarter of the fiscal year, we have changed to a method that reasonably estimates the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year, and calculates income taxes by multiplying profit before income taxes for the quarter by that estimated effective tax rate, in order to streamline the quarterly closing procedures of the Company and its consolidated subsidiaries.」
From the first quarter of the fiscal year, the method of calculating income taxes was changed from the standard method to a method using the estimated effective tax rate. The impact of the change on the financial statements is considered immaterial.