Tax-effect accounting for the transition from consolidated taxation to the group aggregation system
First written in FY2021-Q1. 4 of 6 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2025: 1 of 12 companies on the "Worse" side.
- FY2023RestatedAnnual report
「The Company and certain domestic consolidated subsidiaries have applied the group aggregation system from the current consolidated fiscal year.」
The planned transition to the group relief system was implemented, and the tax-effect accounting treatment based on that system continues. - FY2023-Q2RestatedAnnual report
「The Company and certain domestic consolidated subsidiaries have transitioned from the consolidated taxation system to the group relief system from the current interim consolidated accounting period.」
The transition to the group relief system has been implemented, and the accounting treatment and disclosures for corporate income taxes and tax effects based on that system are continuing. - FY2023-Q1AdvancedAnnual report
「The Company and certain domestic consolidated subsidiaries transitioned from the consolidated taxation system to the group relief system from the beginning of the first quarter of the current consolidated fiscal year. Accordingly, the accounting and disclosure of corporate and local taxes and tax-effect accounting comply with the Practical Solution on Accounting and Disclosure When Applying the Group Relief System (Practical Solution Report No. 42, dated 12 August 2021).」
The Company has actually transitioned to the group relief system from the first quarter accounting period, as planned in the previous fiscal year for the following fiscal year. - FY2022RestatedAnnual report
「The Company and certain domestic consolidated subsidiaries will transition from the consolidated taxation system to the group tax sharing system from the next consolidated fiscal year.」
The transition to the group relief system is scheduled to apply from the following consolidated fiscal year, and the tax-effect accounting treatment accompanying the transition continues to be disclosed. - FY2021-Q3RestatedAnnual report
「With respect to the transition by the Company and certain domestic consolidated subsidiaries to the group relief system introduced under the Act Partially Amending the Income Tax Act and Other Legislation (Act No. 8 of 2020), and the items for which the standalone taxation system was revised in connection with that transition, the Company has applied the treatment prescribed in paragraph 3 of Practical Response Report No. 39, “Treatment of the Application of Tax Effect Accounting in Connection with the Transition from the Consolidated Taxation System to the Group Relief System” (31 March 2020). Accordingly, it has not applied paragraph 44 of the Guidance on Accounting Standard for Tax Effect Accounting (ASBJ Guidance No. 28, 16 February 2018), 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 accompanying the transition to the group relief system is being applied based on the tax laws before amendment. - FY2021-Q1First statedAnnual report
「With respect to the transition by the Company and certain domestic consolidated subsidiaries to the group relief system introduced under the Act Partially Amending the Income Tax Act and Other Legislation (Act No. 8 of 2020), and the items for which the standalone taxation system was revised in connection with that transition, the Company has applied the treatment prescribed in paragraph 3 of Practical Response Report No. 39, “Treatment of the Application of Tax Effect Accounting in Connection with the Transition from the Consolidated Taxation System to the Group Relief System” (31 March 2020). Accordingly, it has not applied paragraph 44 of the Guidance on Accounting Standard for Tax Effect Accounting (ASBJ Guidance No. 28, 16 February 2018), 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 accompanying the transition to the group relief system is being applied based on the tax laws before amendment.