Recoverability risk for deferred tax assets
First written in FY2017. 3 of 4 entries say "Restated". Latest entry: FY2021-Q2.
The whole theme swung hardest in 2020: 20 of 62 companies on the "Worse" side.
- FY2021-Q2RestatedAnnual report
「Accounting estimates relating to the recoverability of deferred tax assets and other matters are made based on this assumption, and it was determined that changes in the assumption would have no impact on the consolidated financial statements for the second quarter.」
The recoverability of deferred tax assets is estimated based on an assumption regarding the market recovery, but the company states that changes in the assumption would have no impact on the quarterly financial statements. - FY2021-Q1RestatedAnnual report
「Accounting estimates relating to the recoverability of deferred tax assets and other matters are made based on this assumption, and it was determined that changes in the assumption would have no impact on the consolidated financial statements for the first quarter.」
The recoverability of deferred tax assets is estimated based on an assumption regarding the timing of the market recovery in light of the impact of COVID-19, but the company states that this had no impact on the quarterly financial statements. - FY2019RestatedAnnual report
「If it is determined that all or part of deferred tax assets cannot be realized in the future, an adjustment to deferred tax assets is recognized as an expense in the period in which that determination is made.」
The risk relating to the recoverability of deferred tax assets continues to be disclosed. - FY2017First statedAnnual report
「If it is determined that all or part of deferred tax assets cannot be realized in the future, an adjustment to deferred tax assets is recognized as an expense in the period in which that determination is made.」
The risk that changes in the recoverability of deferred tax assets, based on future taxable income and tax planning, may result in expense recognition is disclosed explicitly for the first time.