Adoption of Amendments to the Tax Effect Accounting Standard
First written in FY2019-Q1. 3 of 5 entries say "Restated". Latest entry: FY2022-Q1.
The whole theme swung hardest in 2024: 1 of 7 companies on the "Worse" side.
- FY2022-Q1AchievedAnnual report
「The Accounting Standard for Revenue Recognition and related standards were adopted from the beginning of the first quarter consolidated accounting period. Revenue is recognized at the point when control of the promised goods or services transfers to the customer, at the amount expected to be received in exchange.」
The company applied the revenue recognition accounting standards and related requirements from the beginning of the first quarter of the fiscal year ending March 2022. The application reduced first-quarter net sales and cost of sales by ¥3,358 million, while its impact on operating profit and other items was immaterial. - FY2019RestatedAnnual report
「The company has applied “Partial Amendments to Accounting Standard for Tax Effect Accounting” (Accounting Standard No. 28, 16 February 2018) from the beginning of the fiscal year, presenting deferred tax assets under investments and other assets and deferred tax liabilities under non-current liabilities.」
The company has reaffirmed in its annual report the application from the beginning of the period of the revised tax-effect accounting standards and the change in presentation categories for deferred tax assets and liabilities. - FY2019-Q3RestatedAnnual report
「We have applied the “Partial Amendments to Accounting Standards for Tax Effect Accounting” (ASBJ Statement No. 28, 16 February 2018) and other standards from the beginning of the first quarter of the current consolidated fiscal year. Deferred tax assets are presented under investments and other assets, while deferred tax liabilities are presented under non-current liabilities.」
The company has reiterated the application from the beginning of the period of the revised tax-effect accounting standards and the change in presentation categories for deferred tax assets and liabilities. - FY2019-Q2RestatedAnnual report
「We have applied the “Partial Amendments to Accounting Standards for Tax Effect Accounting” (ASBJ Statement No. 28, 16 February 2018) and other standards from the beginning of the first quarter of the current consolidated fiscal year. Deferred tax assets are presented under investments and other assets, while deferred tax liabilities are presented under non-current liabilities.」
The company has reiterated the application from the beginning of the period of the revised tax-effect accounting standards and the change in presentation categories for deferred tax assets and liabilities. - FY2019-Q1First statedAnnual report
「The company has applied the Partial Amendments to the Accounting Standard for Tax Effect Accounting (ASBJ Statement No. 28, dated 16 February 2018) and related standards from the beginning of the first quarter of the current consolidated accounting period. Deferred tax assets are presented under investments and other assets, while deferred tax liabilities are presented under non-current liabilities.」
The company has disclosed for the first time that it applied revisions to the tax-effect accounting standards and related requirements from the beginning of the current first quarter and changed the presentation categories for deferred tax assets and liabilities.