Recoverability of Deferred Tax Assets and Full Reversal
First written in FY2017-Q3. 3 of 6 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2026: 10 of 13 companies on the "Worse" side.
2 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「No deferred tax assets have been recorded.」
The company continues not to record deferred tax assets on the grounds that they are not expected to be recoverable based on estimates of future taxable income. - FY2023RestatedAnnual report
「No deferred tax assets have been recorded.」
The company continues not to record deferred tax assets. - FY2019MaterialisedAnnual report
「Following an assessment of the recoverability of deferred tax assets in light of the future operating environment, the company wrote off the entire amount and recorded it under adjustments to income taxes.」
The ¥10,117 thousand of deferred tax assets recorded at the end of the previous fiscal year was fully written off in the current fiscal year, leaving a zero balance. - FY2018MitigatedAnnual report
「Total deferred tax assets: ¥10,117 thousand」
Deferred tax assets, which had been reduced to zero following a full write-off in the previous fiscal year, were recorded at ¥10,117 thousand at the end of the current fiscal year. - FY2017RestatedAnnual report
「Deferred tax assets, subtotal: ¥1,431,641 thousand; valuation allowance: △¥1,431,641 thousand; total deferred tax assets: —」
The company also confirmed a zero balance after the full write-off of deferred tax assets in its full-year tax-effect accounting. - FY2017-Q3MaterialisedAnnual report
「In light of future performance and the difficult operating environment, we examined the recoverability of deferred tax assets, and wrote off the entire amount of the company's deferred tax assets, recording ¥110 million under adjustments to income taxes.」
Following an assessment of recoverability based on future performance and the difficult operating environment, the company actually wrote off all deferred tax assets and recorded ¥110 million under adjustments to income taxes.