Change in the Method of Calculating Income Tax Expense for Quarterly and Interim Periods
First written in FY2023-Q2. 5 of 6 entries say "Restated". Latest entry: FY2026-H1.
80 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「Income tax expense is calculated by reasonably estimating the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year including the interim consolidated accounting period, and multiplying interim profit before income taxes by the estimated effective tax rate.」
The accounting treatment of calculating interim-period income tax expense using the estimated effective tax rate remains in place. - FY2025-H1RestatedAnnual report
「Income tax expense is calculated by reasonably estimating the effective tax rate after applying tax-effect accounting to profit before income taxes for the consolidated fiscal year including the interim consolidated accounting period, and multiplying interim profit before income taxes by the estimated effective tax rate.」
The accounting treatment of calculating interim-period income tax expense using the estimated effective tax rate remains in place. - FY2024-Q3RestatedAnnual report
「Tax expense is calculated by reasonably estimating the effective tax rate, after applying tax-effect accounting, to income before income taxes for the consolidated fiscal year including the third quarter of the current consolidated fiscal year, and multiplying quarterly income before income taxes by that estimated effective tax rate.」
The quarterly accounting treatment of calculating income tax expense using the estimated effective tax rate remains in place. - FY2024-Q2RestatedAnnual report
「Tax expense is calculated by reasonably estimating the effective tax rate, after applying tax-effect accounting, on pretax income for the consolidated fiscal year that includes the second quarter, and multiplying pretax quarterly income by the estimated effective tax rate.」
The quarterly accounting treatment of calculating income tax expense using the estimated effective tax rate remains in place. - FY2023-Q3RestatedAnnual report
「To further improve the efficiency of quarterly financial reporting by the Company and its consolidated subsidiaries, from the first quarter of the fiscal year we changed to a method that reasonably estimates the effective tax rate after applying tax-effect accounting to profit before tax for the consolidated fiscal year, and calculates quarterly profit before tax by multiplying it by the estimated effective tax rate.」
From the first quarter, the method of calculating income tax expense using the estimated effective tax rate was reiterated with the same content. - FY2023-Q2First statedAnnual report
「To further improve the efficiency of quarterly financial reporting by the Company and its consolidated subsidiaries, from the first quarter of the fiscal year we changed to a method that reasonably estimates the effective tax rate after applying tax-effect accounting to profit before tax for the consolidated fiscal year, and calculates quarterly profit before tax by multiplying it by the estimated effective tax rate.」
The Company disclosed that, from the first quarter, it changed to a method of calculating income tax expense using the estimated effective tax rate.