Calculation of Tax Expense Using the Estimated Effective Tax Rate in Interim Financial Statements
First written in FY2025-H1. 1 of 2 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 method of calculating income tax expense using the estimated effective tax rate for the interim financial statements continues to be applied. - FY2025-H1First statedAnnual report
「Income tax expense had previously been calculated using the standard method. To prepare the interim financial statements more quickly and efficiently, however, we have applied the method described under “Specific Accounting Treatment Applied in Preparing the Interim Consolidated Financial Statements” to the income tax expense of the Company and certain consolidated subsidiaries from the current interim consolidated accounting period.」
The method used to calculate income tax expense for the Company and certain consolidated subsidiaries was changed to accelerate and streamline the preparation of the interim financial statements.