Commencement of application of the consolidated taxation system
First written in FY2017. 4 of 8 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2020: 3 of 8 companies on the "Worse" side.
0 other companies' latest entry also says "Advanced".
- FY2023AdvancedAnnual report
「The Company and its consolidated subsidiaries will transition from the consolidated tax payment system to the group tax sharing system from the following consolidated fiscal year. In addition, for accounting treatment and disclosure relating to tax effect accounting for corporate income tax and local corporate tax, the “Accounting Treatment and Disclosure for Application of the Group Tax Sharing System” (Practical Response Report No. 42, 12 August 2021) has been applied from the end of the current consolidated fiscal year.」
The transition from the consolidated tax payment system to the group tax sharing system in the following consolidated fiscal year was explicitly stated, and the related accounting treatment and disclosure standards were applied from the end of the current fiscal year. - FY2023-Q3RestatedAnnual report
「The Company and its consolidated subsidiaries apply the provisions of paragraph 3 of the Practical Response Report No. 39, “Accounting Treatment for the Application of Tax Effect Accounting in Connection with the Transition from the Consolidated Tax Payment System to the Group Tax Sharing System” (31 March 2020), to items for which the transition to the group tax sharing system established under the “Act Partially Amending the Income Tax Act and Other Acts” (Act No. 8 of 2020) and the related review of the single-company tax payment system were conducted. Accordingly, the provisions of paragraph 44 of the “Guidance on the Application of Accounting Standard for Tax Effect Accounting” (ASBJ Guidance No. 28, 16 February 2018) are not applied, and the amounts of deferred tax assets and deferred tax liabilities are based on the provisions of the tax laws before amendment.」
The tax effect accounting treatment reflecting the transition from the consolidated tax payment system to the group tax sharing system continues to be applied. - FY2023-Q1RestatedAnnual report
「The Company and its consolidated subsidiaries apply the provisions of paragraph 3 of the Practical Response Report No. 39, “Accounting Treatment for the Application of Tax Effect Accounting in Connection with the Transition from the Consolidated Tax Payment System to the Group Tax Sharing System” (31 March 2020), to items for which the transition to the group tax sharing system established under the “Act Partially Amending the Income Tax Act and Other Acts” (Act No. 8 of 2020) and the related review of the single-company tax payment system were conducted. Accordingly, the provisions of paragraph 44 of the “Guidance on the Application of Accounting Standard for Tax Effect Accounting” (ASBJ Guidance No. 28, 16 February 2018) are not applied, and the amounts of deferred tax assets and deferred tax liabilities are based on the provisions of the tax laws before amendment.」
The tax effect accounting treatment reflecting the transition from the consolidated tax payment system to the group tax sharing system continues to be applied. - FY2022AdvancedAnnual report
「The amount of the impact on the consolidated financial statements arising from application of the “Accounting Treatment and Disclosure for Application of the Group Tax Sharing System” is currently under evaluation.」
An additional disclosure was made that the accounting treatment and disclosure standards concerning the transition from the consolidated tax payment system to the group tax sharing system are scheduled to be applied from the beginning of the fiscal year ending February 2024. - FY2021-Q2RestatedAnnual report
「The Company and its consolidated subsidiaries apply the provisions of paragraph 3 of the Practical Response Report No. 39, “Accounting Treatment for the Application of Tax Effect Accounting in Connection with the Transition from the Consolidated Tax Payment System to the Group Tax Sharing System” (31 March 2020), to items for which the transition to the group tax sharing system established under the “Act Partially Amending the Income Tax Act and Other Acts” (Act No. 8 of 2020) and the related review of the single-company tax payment system were conducted. Accordingly, the provisions of paragraph 44 of the “Guidance on the Application of Accounting Standard for Tax Effect Accounting” (ASBJ Guidance No. 28, 16 February 2018) are not applied, and the amounts of deferred tax assets and deferred tax liabilities are based on the provisions of the tax laws before amendment.」
The tax effect accounting treatment reflecting the transition from the consolidated tax payment system to the group tax sharing system continues to be applied. - FY2021-Q1ReframedAnnual report
「The Company and its consolidated subsidiaries apply the provisions of paragraph 3 of the Practical Response Report No. 39, “Accounting Treatment for the Application of Tax Effect Accounting in Connection with the Transition from the Consolidated Tax Payment System to the Group Tax Sharing System” (31 March 2020), to items for which the transition to the group tax sharing system established under the “Act Partially Amending the Income Tax Act and Other Acts” (Act No. 8 of 2020) and the related review of the single-company tax payment system were conducted. Accordingly, the provisions of paragraph 44 of the “Guidance on the Application of Accounting Standard for Tax Effect Accounting” (ASBJ Guidance No. 28, 16 February 2018) are not applied, and the amounts of deferred tax assets and deferred tax liabilities are based on the provisions of the tax laws before amendment.」
The framework changed from application of the former consolidated tax payment system to tax effect accounting treatment reflecting the transition to the newly established group tax sharing system. - FY2018RestatedAnnual report
「② Application of the consolidated tax payment system The consolidated tax payment system has been applied.」
The application of the consolidated tax payment system continues to be described as an accounting policy. - FY2017First statedAnnual report
「The consolidated tax payment system has been applied from the current consolidated fiscal year.」
The application of the consolidated tax payment system from the current consolidated fiscal year is described as an accounting policy.