Estimation risk relating to the recoverability of deferred tax assets
First written in FY2025. 1 of 4 entries say "Restated". Latest entry: 2026-07-31.
The whole theme swung hardest in 2020: 20 of 61 companies on the "Worse" side.
- 2026-07-31OtherOccurring Fact
「During the fiscal year under review, we increased deferred tax assets as a result of increasing the provisions for periodic maintenance and bonuses, among other factors. Accordingly, we recorded a tax-effect adjustment gain of ¥324 million for the cumulative first quarter.」
The company disclosed an increase in deferred tax assets and the recognition of a ¥324 million tax-effect adjustment gain. As no change or mitigation in the assessment of estimation risk concerning the recoverability of deferred tax assets was explicitly stated, the original canonical thread remains unchanged. - FY2026Decrease in Deferred Tax Asset BalanceAnnual report
「Deferred tax assets ¥962 million ¥183 million」
Deferred tax assets decreased from ¥962 million in the previous fiscal year to ¥183 million. The estimation risk regarding recoverability based on future sales and profit, market trends, crude oil prices, foreign exchange rates and other factors remains. - 2026-06-05RestatedGeneral Meetings of Shareholders
「This estimate is based on future business plans. Forecasts of sales and profit, which are key elements of those plans, are affected by future market trends, crude oil prices, foreign-exchange rates, and other factors, and involve uncertainty. Accordingly, they have a material effect on judgments regarding the recoverability of deferred tax assets.」
The company continues to describe the estimation risk that the recoverability of deferred tax assets depends on business plans, market trends, crude oil prices, and foreign-exchange rates. - FY2025First statedAnnual report
「The recoverability of deferred tax assets is based on future business plans. Forecasts of revenue and profit, which are key elements of those plans, are affected by future market trends and fluctuations in crude oil prices and foreign exchange rates and involve uncertainty.」
The Company newly identified estimation risk relating to the recoverability of deferred tax assets of ¥962 million, which depends on future revenue and profit, market trends, crude oil prices and foreign exchange rates.