Early Adoption of Amendments to IAS 12
First written in FY2022-Q2. 2 of 3 entries say "Advanced", first in FY2022. Latest entry: FY2023.
2 other companies' latest entry also says "Advanced".
- FY2023AdvancedAnnual report
「Following the amendments to IAS 12 “Income Taxes” (May 2023 amendments), the mandatory temporary exception related to the international tax reform has been applied retrospectively from the current consolidated fiscal year.」
The mandatory temporary exception related to the international tax reform following the amendments to IAS 12 was applied retrospectively from the fiscal year. - FY2022AdvancedAnnual report
「The consolidated financial statements for the prior fiscal year have been retrospectively restated following the application of this standard. As a result, at the end of the prior fiscal year in the consolidated statement of financial position, assets decreased by ¥3,209 million due to changes in deferred tax assets and investments accounted for using the equity method, liabilities increased by ¥1,053 million due to the recognition of deferred tax liabilities, and equity decreased by ¥4,262 million due to changes in retained earnings.」
The early adoption of the amendments to IAS 12 was reflected in the annual results, and prior-year comparative figures were retrospectively restated. - FY2022-Q2First statedAnnual report
「From the second quarter of the current fiscal year, the Group has early adopted the following standard. Standard and interpretation | Overview IAS 12 “Income Taxes” (May 2021 amendments) | Clarification of the accounting treatment for deferred taxes related to assets and liabilities arising from a single transaction」
The May 2021 amendments to IAS 12 were early adopted from the second quarter, and prior-year figures for deferred tax assets and liabilities and retained earnings were retrospectively restated. As of the end of the prior fiscal year, assets decreased by ¥3,209 million, liabilities increased by ¥1,053 million and equity decreased by ¥4,262 million.