Recoverability of Deferred Tax Assets
First written in FY2021. 3 of 4 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2020: 20 of 62 companies on the "Worse" side.
- FY2025RestatedAnnual report
「As a response, the company carefully examines the feasibility of the profit plan used as the basis for assessing the recoverability of deferred tax assets and recognizes deferred tax assets only for taxable income estimated reasonably and conservatively.」
The company reaffirmed its policy of carefully examining the feasibility of the profit plan and recognizing deferred tax assets based on conservative taxable-income estimates. - FY2023-Q2RestatedAnnual report
「Based on information available when preparing the quarterly consolidated financial statements, the Group makes accounting estimates, including the recoverability of deferred tax assets, on the assumption that the impact of COVID-19 will be limited.」
The company makes accounting estimates, including the recoverability of deferred tax assets, based on the assumption that the impact of COVID-19 will be limited. - FY2023-Q1RestatedAnnual report
「Based on information available when preparing the quarterly consolidated financial statements, the Group makes accounting estimates, including the recoverability of deferred tax assets, on the assumption that the impact of COVID-19 will be limited.」
The company makes accounting estimates, including the recoverability of deferred tax assets, based on the assumption that the impact of COVID-19 will be limited. - FY2021First statedAnnual report
「If estimates or assumptions concerning future taxable income change and it is determined that some or all of the deferred tax assets cannot be recovered, the deferred tax assets may be reduced, which could affect the Group's results.」
The company has newly described the risk of reductions in deferred tax assets due to changes in estimated future taxable income and the use of conservative taxable-income estimates as a response.