Transition to the Group Tax-Sharing System
First written in FY2024-Q1. 1 of 2 entries say "Restated". Latest entry: FY2024.
7 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The Company and certain consolidated subsidiaries have transitioned from the standalone tax payment system to the group tax sharing system beginning with the current consolidated fiscal year.」
The Company reaffirmed that it applied the transition from the standalone tax payment system to the group tax sharing system beginning with the current consolidated fiscal year. - FY2024-Q1First statedAnnual report
「The Company and certain consolidated subsidiaries have transitioned from the standalone tax payment system to the group tax sharing system beginning with the current first-quarter consolidated accounting period. Accordingly, the accounting treatment and disclosures relating to tax-effect accounting for corporate and local corporate taxes comply with Practical Response Report No. 42, "Accounting Treatment and Disclosure When Applying the Group Tax Sharing System" (12 August 2021).」
Beginning with the current first-quarter accounting period, the Company and certain consolidated subsidiaries transitioned from the standalone tax payment system to the group tax sharing system. The related tax-effect accounting treatment and disclosures followed Practical Response Report No. 42, and the Company determined that the transition had no impact.