Recoverability risk for deferred tax assets
First written in FY2017. 1 of 2 entries say "Restated". Latest entry: FY2018.
The whole theme swung hardest in 2024: 7 of 28 companies on the "Worse" side.
29 other companies' latest entry also says "Restated".
- FY2018RestatedAnnual report
「If it is determined that some or all of the deferred tax assets cannot be recovered, the Bank's deferred tax assets will be reduced. This may adversely affect the Bank's performance and financial position and may also lead to a decline in its capital adequacy ratio.」
The recoverability of deferred tax assets and the effects of tax rate changes on performance and the capital adequacy ratio continue to be disclosed. - FY2017First statedAnnual report
「Actual results may differ from these forecasts and assumptions. In addition, if laws or regulations are amended, resulting in a reduction in the corporate tax rate or other changes, or if it is determined that some or all of the deferred tax assets cannot be recovered, the Bank's deferred tax assets will be reduced. This may adversely affect the Bank's performance and financial position and may also lead to a decline in its capital adequacy ratio.」
Net deferred tax assets for the fiscal year were ¥7,706 million, with changes in recoverability arising from future taxable income and tax rate changes identified as a risk.