Tax-Effect Accounting Following the Transition to the Group Tax-Sharing System
First written in FY2021-Q2. 6 of 8 entries say "Restated". Latest entry: FY2023-Q3.
The whole theme swung hardest in 2025: 1 of 12 companies on the "Worse" side.
- FY2023-Q3RestatedAnnual report
「The company and certain domestic consolidated subsidiaries transitioned from the consolidated tax payment system to the group tax sharing system from the first quarter. Accordingly, the accounting treatment and disclosure for corporate and local corporate taxes and tax-effect accounting are governed by "Accounting Treatment and Disclosure for Applying the Group Tax Sharing System"」
The transition to the consolidated tax regime and the accounting treatment and disclosures in accordance with Practical Response Report No. 42 have been reproduced. - FY2023-Q2RestatedAnnual report
「The Company and certain domestic consolidated subsidiaries transitioned from the consolidated tax payment system to the group tax-sharing system from the first quarter.」
The transition to the consolidated tax regime and the accounting treatment and disclosures in accordance with Practical Response Report No. 42 have been reproduced. - FY2023-Q1AchievedAnnual report
「The Company and certain domestic consolidated subsidiaries have transitioned from the consolidated taxation system to the group tax-sharing system from the beginning of the first quarter of the current fiscal year.」
The transition to the consolidated tax regime was implemented from 1 April 2022, and the related accounting treatment and disclosures moved to the actual application stage. - FY2022-Q3RestatedAnnual report
「The Company and certain domestic consolidated subsidiaries transitioned to the consolidated tax regime established under the Act Partially Amending the Income Tax Act, etc. (2020 Act No. 8), and with regard to items for which the standalone taxation system was reviewed in connection with the transition to the consolidated tax regime,」
The accounting treatment for tax-effect accounting associated with the transition to the group relief system is reiterated. - FY2022-Q2RestatedAnnual report
「The Company and certain domestic consolidated subsidiaries transitioned to the consolidated tax regime established under the Act Partially Amending the Income Tax Act, etc. (2020 Act No. 8)」
The accounting treatment for tax-effect accounting associated with the transition to the group relief system is reiterated. - FY2022-Q1RestatedAnnual report
「The Company and certain domestic consolidated subsidiaries transitioned to the consolidated tax regime established under the Act Partially Amending the Income Tax Act, etc. (2020 Act No. 8)」
The accounting treatment for tax-effect accounting associated with the transition to the group relief system is reiterated. - FY2021-Q3RestatedAnnual report
「The company and certain domestic consolidated subsidiaries are applying the treatment for tax-effect accounting relating to the transition from the consolidated tax system to the group tax sharing system, established under the Act Partially Amending the Income Tax Act and Other Acts (Act No. 8 of 2020), as well as items for which the standalone tax filing system was revised in connection with the transition to the group tax sharing system, under the Treatment of Tax Effect Accounting for the Transition from the Consolidated Tax System to the Group Tax Sharing System」
The accounting treatment for tax-effect accounting associated with the transition to the group relief system is reiterated. - FY2021-Q2First statedAnnual report
「With respect to the transition by the Company and certain domestic consolidated subsidiaries to the group taxation system established under the Act Partially Amending the Income Tax Act and Other Legislation (Act No. 8 of 2020), and items for which the single-company taxation system was revised in connection with that transition, the Company has applied the treatment under paragraph 3 of Practical Issues Task Force No. 39. Accordingly, without applying paragraph 44 of the Implementation Guidance on Accounting Standard for Tax Effect Accounting, deferred tax assets and deferred tax liabilities are measured under the provisions of the tax laws before the amendments.」
Regarding tax-effect accounting associated with the transition to the consolidated tax regime, the disclosure describes the treatment of calculating deferred tax assets and liabilities based on the tax laws before their amendment.