Application of Partial Amendments to the Accounting Standard for Tax Effect Accounting and Change in Presentation Classification
First written in FY2019-Q1. 5 of 6 entries say "Restated". Latest entry: FY2023-Q3.
The whole theme swung hardest in 2024: 3 of 9 companies on the "Worse" side.
- 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. - FY2020RestatedAnnual report
「The company has applied the partial amendments to the Accounting Standard for Tax Effect Accounting (Accounting Standards Board of Japan Statement No. 28, 16 February 2018) and related standards from the beginning of the 72nd fiscal period. Accordingly, the key management indicators for the 69th, 70th and 71st fiscal periods are based on figures and other information after retroactive application of those accounting standards and related standards.」
The notes to the key management indicators reconfirm that the partial amendments to the Accounting Standard for Tax Effect Accounting were applied retroactively to indicators for prior fiscal years. - FY2019RestatedAnnual report
「The partial amendments to the Accounting Standard for Tax Effect Accounting (ASBJ Statement No. 28, 16 February 2018) have been applied from the beginning 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 annual report also states that the company applied partial amendments to the Accounting Standard for Tax Effect Accounting from the beginning of the fiscal year and changed the presentation classification of deferred tax assets and liabilities. - FY2019-Q3RestatedAnnual report
「The company has applied the partial amendment to the Accounting Standard for Tax Effect Accounting (Accounting Standard No. 28, 16 February 2018) and other standards from the beginning of the first quarter of the fiscal year under review. Deferred tax assets are presented under investments and other assets, while deferred tax liabilities are presented under non-current liabilities.」
The company has restated that it applied partial amendments to the Accounting Standard for Tax Effect Accounting and related standards from the beginning of the first quarter of the current consolidated fiscal year, changing the presentation classification of deferred tax assets and liabilities. - FY2019-Q2RestatedAnnual report
「The company has applied the partial amendment to the Accounting Standard for Tax Effect Accounting (Accounting Standard No. 28, 16 February 2018) and other standards from the beginning of the first quarter of the fiscal year under review. Deferred tax assets are presented under investments and other assets, while deferred tax liabilities are presented under non-current liabilities.」
The company has restated that it applied partial amendments to the Accounting Standard for Tax Effect Accounting and related standards from the beginning of the first quarter of the current consolidated fiscal year, changing the presentation classification of deferred tax assets and liabilities. - FY2019-Q1First statedAnnual report
「We have applied the Partial Amendments to Accounting Standard for Tax Effect Accounting (Accounting Standard No. 28, 16 February 2018) and related standards from the beginning of the first quarter. Deferred tax assets are presented under investments and other assets, while deferred tax liabilities are presented under non-current liabilities.」
The amendments to the tax effect accounting standards were applied from the beginning of the first quarter, changing the presentation of deferred tax assets and liabilities.