Business Structure as a Market-Dependent Business Affected by Securities Market Fluctuations
First written in FY2016. 5 of 6 entries say "Restated". Latest entry: FY2025.
1 other company's latest entry also says "Restated".
- FY2025RestatedAnnual report
「The group's principal business, the financial instruments business, is a market-sensitive industry heavily affected by fluctuations in the securities market, resulting in substantial swings in performance and making it difficult to forecast the generation of stable taxable income over the long term.」
The business structure as a market-sensitive industry affected by fluctuations in the securities market continues to be described in relation to the recoverability of deferred tax assets. - FY2021RestatedAnnual report
「The group's principal business, the financial instruments business, is a market-sensitive industry heavily affected by fluctuations in the securities market, resulting in substantial swings in performance and making it difficult to forecast the generation of stable taxable income over the long term.」
The structural fact that the business is a market-sensitive industry affected by fluctuations in the securities market continues to be disclosed. - FY2020RestatedAnnual report
「The group's principal business, the financial instruments business, is a market-sensitive industry heavily affected by fluctuations in the securities market, resulting in substantial swings in performance and making it difficult to forecast the generation of stable taxable income over the long term.」
The structural fact that the business is a market-sensitive industry affected by fluctuations in the securities market continues to be described in relation to the assessment of the recoverability of deferred tax assets. - FY2019RestatedAnnual report
「The group's principal business, the financial instruments business, is a market-sensitive industry heavily affected by fluctuations in the securities market, resulting in substantial swings in performance and making it difficult to forecast the generation of stable taxable income over the long term.」
The structural fact that the business is a market-sensitive industry affected by fluctuations in the securities market continues to be described in relation to the assessment of the recoverability of deferred tax assets. - FY2017RestatedAnnual report
「The group's principal business, the financial instruments business, is a market-sensitive industry heavily affected by fluctuations in the securities market, resulting in substantial swings in performance and making it difficult to forecast the generation of stable taxable income over the long term.」
The structural fact that the business is a market-sensitive industry affected by fluctuations in the securities market continues to be described. - FY2016First statedAnnual report
「The group's principal business, the financial instruments business, is a market-sensitive industry heavily affected by fluctuations in the securities market, resulting in substantial swings in performance,」
This is described as a structural characteristic of the business in connection with the assessment of the recoverability of deferred tax assets.