Application of Revised Tax Effect Accounting Standards
First written in FY2019-Q1. 3 of 6 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2024: 1 of 7 companies on the "Worse" side.
- FY2025-H1AchievedAnnual report
「We have applied the Accounting Standard for Current Income Taxes, Inhabitant Taxes and Enterprise Taxes (Accounting Standards Board of Japan Statement No. 27, 28 October 2022, hereinafter the “2022 Revised Accounting Standard”) and related standards from the beginning of the interim consolidated accounting period under review.」
The revised accounting standards and other requirements relating to income taxes, which had been scheduled for application from the beginning of the fiscal year ending April 2025 in the previous fiscal year, were applied from the beginning of the current interim consolidated fiscal period. The company stated that there was no impact on the financial statements. - FY2024Update on the planned application of standards not yet appliedAnnual report
「The planned application date for the Accounting Standard for Current Income Taxes, Local Taxes and Enterprise Taxes and other standards is the beginning of the fiscal year ending April 2025.」
The company stated that the accounting standards and implementation guidance concerning the presentation categories for tax expense and other items are scheduled to be applied from the beginning of the fiscal year ending April 2025. - FY2019RestatedAnnual report
「The partial amendments to the Accounting Standard for Tax Effect Accounting (Accounting Standards Board of Japan Statement No. 28, 16 February 2018; hereinafter, the Partial Amendments to the Tax Effect Accounting Standard) were applied from the beginning of the current consolidated fiscal year. The method of presentation was changed so that deferred tax assets are presented under investments and other assets and deferred tax liabilities under non-current liabilities, and the notes relating to tax-effect accounting were also changed.」
The application from the beginning of the fiscal year of the revised tax-effect accounting standards and other requirements, and the resulting change in the presentation categories for deferred tax assets and liabilities, was reconfirmed. - FY2019-Q3RestatedAnnual report
「We applied the Partial Amendments to the Accounting Standard for Tax Effect Accounting (Accounting Standard No. 28, 16 February 2018) and related standards from the beginning of the first quarter. Deferred tax assets are presented under investments and other assets, while deferred tax liabilities are presented under non-current liabilities.」
The application from the beginning of the fiscal year of the revised tax-effect accounting standards and other requirements, and the resulting change in the presentation categories for deferred tax assets and liabilities, was reiterated. - FY2019-Q2RestatedAnnual report
「We applied the Partial Amendments to the Accounting Standard for Tax Effect Accounting (Accounting Standard No. 28, 16 February 2018) and related standards from the beginning of the first quarter. Deferred tax assets are presented under investments and other assets, while deferred tax liabilities are presented under non-current liabilities.」
The application from the beginning of the fiscal year of the revised tax-effect accounting standards and other requirements, and the resulting change in the presentation categories for deferred tax assets and liabilities, was reiterated. - FY2019-Q1First statedAnnual report
「We have applied the partial amendments to the Accounting Standard for Tax Effect Accounting and related standards from the beginning of the first quarter of the consolidated fiscal year. Deferred tax assets are presented under investments and other assets, and deferred tax liabilities under non-current liabilities.」
The revised standards and other requirements relating to tax-effect accounting were applied from the beginning of the fiscal year, and the presentation categories for deferred tax assets and liabilities were changed.