Recoverability Risk for Deferred Tax Assets
First written in FY2022. 3 of 5 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2025: 17 of 45 companies on the "Worse" side.
12 other companies' latest entry also says "Other".
- FY2025-H1Review of deferred tax asset recognition following a reduction in capitalAnnual report
「Meanwhile, following the capital reduction, which took effect on 1 August 2024, the recognition of deferred tax assets was reassessed. As a result, interim net income attributable to owners of the parent increased significantly from the same period of the previous year to ¥12 million, compared with an interim net loss attributable to owners of the parent of ¥73 million in the same period of the previous year.」
The recognition of deferred tax assets was reassessed following the effectiveness of the capital reduction, resulting in interim net income of ¥12 million. - FY2024-Q3RestatedAnnual report
「There have been no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
Disclosed that there had been no significant change in the recoverability risk of deferred tax assets. - FY2023-Q2RestatedAnnual report
「There are no material changes concerning the occurrence of key risks or the "Business and Other Risks" described in the securities report for the previous fiscal year.」
Disclosed that there had been no significant change in the recoverability risk of deferred tax assets. - FY2023-Q1RestatedAnnual report
「There were no newly identified business or other risks during the first quarter of the fiscal year. In addition, there were no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there has been no significant change in the risk relating to the recoverability of deferred tax assets. - FY2022First statedAnnual report
「The recoverability of deferred tax assets depends on estimated future taxable income, and forecasts of net sales, gross margin, and selling, general and administrative expenses are important assumptions. If the assumptions used in the estimates need to be revised due to changes in the market environment or other factors, deferred tax assets not expected to be recovered may be written off in the following consolidated fiscal year.」
The risk that deferred tax assets of ¥203.513 million could be written off due to changes in estimates of future taxable income and the market environment was explicitly disclosed.