Recoverability Risk for Deferred Tax Assets
First written in FY2021. 9 of 13 entries say "Materialised", first in FY2022. Latest entry: FY2026.
The whole theme swung hardest in 2020: 20 of 62 companies on the "Worse" side.
- FY2026Increase in deferred tax assetsAnnual report
「Deferred tax assets ¥1,421 million ¥1,965 million」
Deferred tax assets increased from ¥1,421 million at the end of the previous fiscal year to ¥1,965 million. Changes in the accounting figures based on recoverability estimates continued. - 2026-05-12MitigatedRevision of earnings forecasts
「Deferred tax assets 1,421 1,965」
Deferred tax assets increased from ¥1.421 billion at the end of the previous fiscal year to ¥1.965 billion, and deferred income taxes also improved. - FY2025MaterialisedAnnual report
「Amount reported on the consolidated balance sheet Deferred tax assets ¥1,421 million Amount reported on the consolidated income statement Deferred income tax adjustments △¥90 million」
Deferred tax assets increased from ¥1,331 million at the end of the previous fiscal year to ¥1,421 million, and the deferred income tax adjustment represented a gain of ¥90 million. Accounting estimates concerning recoverability are reflected in the fiscal-year figures. - FY2025-H1MaterialisedAnnual report
「Deferred tax assets 1,331 1,182」
Deferred tax assets decreased from ¥1,331 million at the end of the previous fiscal year to ¥1,182 million at the end of the interim period, and a deferred income tax adjustment expense of ¥148 million was recorded. Recoverability risk is reflected in changes in the accounting figures. - FY2024MaterialisedAnnual report
「Amount reported on the consolidated balance sheet Deferred tax assets ¥1,331 million Amount reported on the consolidated income statement Deferred income tax adjustments ¥504 million」
Deferred tax assets decreased from ¥1,832 million at the end of the previous fiscal year to ¥1,331 million, and a deferred income tax adjustment expense of ¥504 million was recorded. Recoverability risk is reflected in the fiscal-year accounting figures. - FY2024-Q3MaterialisedAnnual report
「Deferred tax assets 1,832 1,202」
Deferred tax assets decreased from ¥1,832 million at the end of the previous fiscal year to ¥1,202 million at the end of the third quarter of the current fiscal year, and a deferred income tax adjustment expense of ¥632 million was recorded. Recoverability risk for deferred tax assets is reflected in changes in the accounting figures. - FY2024-Q2MaterialisedAnnual report
「Deferred tax assets 1,832 1,307」
Deferred tax assets decreased from ¥1,832 million at the end of the previous fiscal year to ¥1,307 million at the end of the second quarter of the current fiscal year, and a deferred income tax adjustment expense of ¥527 million was recorded. Recoverability risk is reflected in changes in the accounting figures. - FY2024-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It states that there were no new developments or material changes in the recoverability risk of deferred tax assets. - FY2023MaterialisedAnnual report
「Deferred tax assets were ¥1,832 million at the end of the current fiscal year, and a deferred income tax adjustment gain of ¥658 million was recorded.」
Deferred tax assets increased from ¥1,164 million in the previous fiscal year to ¥1,832 million, and a deferred income tax adjustment gain of ¥658 million was recorded, mainly due to the recognition of deductible temporary differences associated with the liquidation of a subsidiary. - FY2023-Q3MaterialisedAnnual report
「The impact of the dissolution was reflected in the recording of ¥1,018 million in deferred tax assets for deductible temporary differences related to the investment in the company during the cumulative third quarter of the current fiscal year. In addition, a loss is expected to be recorded upon completion of the liquidation due to the reversal of the foreign currency translation adjustment related to the investment in the company. The foreign currency translation adjustment related to the company was ¥1,199 million at the end of the third quarter of the current fiscal year, representing a foreign exchange loss, but it will fluctuate depending on future exchange rates.」
An additional ¥1,018 million in deferred tax assets was recorded in connection with the dissolution and liquidation of Cosmos Australia Pty Ltd, and the expected loss from reversing the ¥1,199 million foreign currency translation adjustment upon completion of the liquidation remains unchanged. - FY2023-Q2MaterialisedAnnual report
「Following the decision to dissolve and liquidate Cosmos Australia Pty Ltd, a consolidated subsidiary, additional deferred tax assets were recorded for deductible temporary differences, among other factors, resulting in a deferred income tax adjustment gain of ¥908 million.」
Additional deferred tax assets were recorded in connection with the decision to dissolve and liquidate the subsidiary, resulting in a deferred income tax adjustment gain of ¥908 million. Deferred tax assets increased from ¥1,164 million at the end of the previous fiscal year to ¥2,246 million. - FY2022MaterialisedAnnual report
「Deferred tax assets were ¥1,164 million at the end of the current consolidated fiscal year, and an income taxes adjustment of ¥409 million was recognized.」
Deferred tax assets decreased from ¥1,574 million in the previous fiscal year to ¥1,164 million, and a deferred income tax adjustment expense of ¥409 million was recorded. - FY2021First statedAnnual report
「If changes in forecasts or assumptions regarding future taxable income lead to a determination that some or all of the deferred tax assets cannot be recovered, the deferred tax assets will be reduced, which may affect the Group's results.」
The risk of a reduction in deferred tax assets due to changes in estimated future taxable income was disclosed separately and linked to accounting estimates, including deferred tax assets of ¥1,574 million.