Transition to the Group Aggregation System
First written in FY2023-Q1. 2 of 3 entries say "Restated". Latest entry: FY2023.
9 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The Company and certain domestic consolidated subsidiaries have applied the group aggregation system from the current consolidated fiscal year.」
The transition to the group-wide consolidated taxation system and the related accounting treatment for corporate taxes and tax effects are being reconfirmed in the full-year consolidated financial statements. - FY2023-Q2RestatedAnnual report
「The company and certain consolidated subsidiaries transitioned from the single-entity tax system to the group tax-sharing system from the first-quarter consolidated accounting period. Accordingly, the accounting treatment and disclosure for corporate income taxes, local corporate taxes and tax-effect accounting follow the “Practical Solution on the Accounting and Disclosure under the Group Tax-Sharing System” (Practical Issues Task Force Report No. 42, 12 August 2021).」
The company reaffirmed the transition to the group tax-sharing system from the first quarter and the related accounting treatment and disclosure for corporate income taxes and other taxes and tax-effect accounting. - FY2023-Q1First statedAnnual report
「The company and certain consolidated subsidiaries transitioned from the single-entity tax system to the group tax-sharing system from the first-quarter consolidated accounting period. Accordingly, the accounting treatment and disclosure for corporate income taxes, local corporate taxes and tax-effect accounting follow the “Practical Solution on the Accounting and Disclosure under the Group Tax-Sharing System” (Practical Issues Task Force Report No. 42, 12 August 2021).」
From the first-quarter consolidated accounting period, the company and certain consolidated subsidiaries transitioned from the single-entity tax system to the group tax-sharing system. As a result of the transition, corporate income taxes and other taxes increased by ¥2.255 billion.