Change in Tax Expense Calculation Method at Certain Consolidated Subsidiaries
First written in FY2023-Q1. 7 of 8 entries say "Restated". Latest entry: FY2026-H1.
80 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「For tax expenses at certain consolidated subsidiaries, the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year including the current interim period is reasonably estimated, and tax expenses are calculated by multiplying interim profit before income taxes by the estimated effective tax rate.」
Certain consolidated subsidiaries continue to calculate tax expenses using an estimated effective tax rate. - FY2025-H1RestatedAnnual report
「For tax expenses at certain consolidated subsidiaries, the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year including the current interim period is reasonably estimated, and tax expenses are calculated by multiplying interim profit before income taxes by the estimated effective tax rate.」
Certain consolidated subsidiaries continue to calculate tax expenses using an estimated effective tax rate. - FY2024-Q3RestatedAnnual report
「For certain consolidated subsidiaries, tax expenses are calculated by reasonably estimating the effective tax rate after application of tax-effect accounting to profit before income taxes for the consolidated fiscal year, including the current third-quarter consolidated accounting period, and multiplying profit before income taxes for the quarter by the estimated effective tax rate.」
Certain consolidated subsidiaries continue to calculate tax expenses using an estimated effective tax rate. - FY2024-Q2RestatedAnnual report
「For tax expenses at certain consolidated subsidiaries, the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year including the cumulative second quarter of the current fiscal year is reasonably estimated, and tax expenses are calculated by multiplying quarterly profit before income taxes by the estimated effective tax rate.」
Certain consolidated subsidiaries continue to calculate tax expenses using an estimated effective tax rate. - FY2024-Q1RestatedAnnual report
「For tax expenses at certain consolidated subsidiaries, the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year including the current first quarter is reasonably estimated, and tax expenses are calculated by multiplying quarterly profit before income taxes by the estimated effective tax rate.」
Certain consolidated subsidiaries continue to calculate tax expenses using an estimated effective tax rate. - FY2023-Q3RestatedAnnual report
「For certain consolidated subsidiaries, tax expenses are calculated by reasonably estimating the effective tax rate after application of tax-effect accounting to profit before income taxes for the consolidated fiscal year, including the current third-quarter consolidated accounting period, and multiplying profit before income taxes for the quarter by the estimated effective tax rate.」
Certain consolidated subsidiaries continue to calculate tax expenses using an estimated effective tax rate. - FY2023-Q2RestatedAnnual report
「For tax expenses at certain consolidated subsidiaries, the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year including the cumulative second quarter of the current fiscal year is reasonably estimated, and tax expenses are calculated by multiplying quarterly profit before income taxes by the estimated effective tax rate.」
Certain consolidated subsidiaries continue to calculate tax expenses using an estimated effective tax rate to improve the efficiency of quarterly financial reporting. - FY2023-Q1First statedAnnual report
「Tax expenses were previously calculated using the standard method. However, to further improve the efficiency of quarterly financial reporting, certain consolidated subsidiaries have changed their method from the first quarter of the current fiscal year. They now reasonably estimate the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year including the current quarter, and calculate tax expenses by multiplying quarterly profit before income taxes by the estimated effective tax rate.」
To improve the efficiency of quarterly financial reporting, certain consolidated subsidiaries changed their method of calculating tax expenses to one using an estimated effective tax rate. The impact is considered immaterial.