Recoverability of Deferred Tax Assets and Significant Reversals
First written in FY2025. 1 of 3 entries say "Materialised", first in FY2025. Latest entry: FY2026.
The whole theme swung hardest in 2024: 12 of 39 companies on the "Worse" side.
9 other companies' latest entry also says "Other".
- FY2026Update to Deferred Tax Asset BalanceAnnual report
「Amounts recognized in the consolidated financial statements for the current consolidated fiscal year Deferred tax assets 37,720 13,960」
The amount of deferred tax assets recognized decreased from ¥37.72 million in the previous fiscal year to ¥13.96 million. The company states that if it is determined that no future taxable income will arise, the deferred tax assets may continue to affect the consolidated financial statements in subsequent fiscal years. - FY2026-H1WorsenedAnnual report
「Meanwhile, the net loss attributable to owners of the parent increased year on year to ¥206 million, compared with an interim net loss of ¥147 million in the same period of the previous year, as the income taxes adjustment expense increased by ¥69 million year on year.」
The income taxes adjustment expense increased by ¥69 million year on year, while the operating loss and ordinary loss narrowed. The interim net loss, however, widened from ¥147.69 million to ¥206.08 million. The impact of the recoverability of deferred tax assets, which had been substantially written down in the previous fiscal year, was also reflected in net income or loss for the current interim period. - FY2025MaterialisedAnnual report
「During the current consolidated fiscal year, the company determined that deferred tax assets related to deductible temporary differences were not recoverable and wrote down part of the deferred tax assets.」
Deferred tax assets were reduced from ¥367.85 million to ¥37.72 million, and an income taxes adjustment expense of ¥317.702 million was recognized. The recoverability assessment based on estimated future taxable income contributed to the consolidated net loss.