Application of the Consolidated Taxation System and Response to the Transition to the Group Tax Sharing System
First written in FY2021-Q2. 6 of 8 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2025: 1 of 12 companies on the "Worse" side.
- FY2025RestatedAnnual report
「The company and its consolidated subsidiaries apply the group sharing system and, in accordance with Accounting Treatment and Disclosure for Applying the Group Sharing System (Practical Response Report No. 42, 12 August 2021), account for and disclose corporate income taxes and local corporate taxes, as well as tax effect accounting related to those taxes.」
The company continues to apply the group sharing system and the related accounting treatment and disclosure requirements. - FY2023-Q2RestatedAnnual report
「Beginning with the first quarter of the current consolidated fiscal year, the company and its consolidated subsidiaries have transitioned from the consolidated taxation system to the group aggregation system.」
The company reaffirmed the transition to the group sharing system from the first quarter of the fiscal year. - FY2023-Q1AchievedAnnual report
「Beginning with the first quarter of the current consolidated fiscal year, the company and its consolidated subsidiaries have transitioned from the consolidated taxation system to the group aggregation system.」
The company stated that the transition from the consolidated taxation system to the group sharing system was implemented from the first quarter of the fiscal year. - FY2022-Q3RestatedAnnual report
「The company and its consolidated subsidiaries apply the provisions concerning the transition to the group sharing system established under the Act Partially Amending the Income Tax Act and Other Acts (Act No. 8 of 2020), as well as the provisions concerning the review of the stand-alone taxation system in connection with that transition, under the Accounting Treatment for Tax Effect Accounting Related to the Transition from the Consolidated Taxation System to the Group Sharing System」
The company continues to apply the accounting treatment for tax effect accounting related to the transition from the consolidated taxation system to the group sharing system. - FY2022-Q2RestatedAnnual report
「The company and its consolidated subsidiaries have applied the consolidated taxation system from the current consolidated fiscal year, with the company serving as the consolidated taxation parent company.」
The company continues to apply the consolidated taxation system and the accounting treatment for tax effect accounting related to the transition to the group sharing system. - FY2022-Q1RestatedAnnual report
「The company and its consolidated subsidiaries apply the provisions concerning the transition to the group sharing system established under the Act Partially Amending the Income Tax Act and Other Acts (Act No. 8 of 2020), as well as the provisions concerning the review of the stand-alone taxation system in connection with that transition, under the Accounting Treatment for Tax Effect Accounting Related to the Transition from the Consolidated Taxation System to the Group Sharing System」
The company continues to apply the accounting treatment for tax effect accounting related to the transition from the consolidated taxation system to the group sharing system. - FY2021RestatedAnnual report
「The company and its consolidated subsidiaries have applied the consolidated taxation system from the current consolidated fiscal year, with the company serving as the consolidated taxation parent company.」
The company reaffirmed the application of the consolidated taxation system from the current consolidated fiscal year and the accounting treatment for deferred taxes related to the transition to the group sharing system. - FY2021-Q2First statedAnnual report
「The company and its consolidated subsidiaries have applied the consolidated taxation system from the beginning of the cumulative first-quarter period.」
The company has, for the first time, provided additional information stating that it applied the consolidated taxation system from the first quarter of the fiscal year and describing the accounting treatment for deferred taxes related to the transition to the group sharing system.