Changes in Accounting Treatment Arising from Tax Reforms and the Application of Accounting Guidance
First written in FY2017-Q3. 2 of 5 entries say "Advanced", first in FY2019-Q2. Latest entry: FY2025-H1.
1 other company's latest entry also says "Achieved".
- FY2025-H1AchievedAnnual report
「From the beginning of the interim consolidated accounting period, we applied the Accounting Standard for the Classification of Income Taxes, Including Enterprise Taxes (ASBJ Statement No. 27, 28 October 2022) and related guidance.」
The accounting standards concerning income taxes, etc., which were scheduled for application in the previous fiscal year, were applied from the beginning of the current interim consolidated accounting period. The company stated that there would be no impact on the financial statements. - FY2024AdvancedAnnual report
「Planned adoption date for the Accounting Standard for Income Taxes, Resident Taxes and Enterprise Taxes and other standards: adoption from the beginning of the fiscal year ending March 2025.」
The company disclosed that it plans to apply new accounting standards and other guidance concerning the classification of tax expenses from the beginning of the fiscal year ending March 2025, with the amount of the impact still under evaluation. - FY2019-Q2AdvancedAnnual report
「The Company decided to apply, from 1 April 2018, the Practical Treatment on Transactions Granting Paid Stock Acquisition Rights with Vesting Conditions to Employees, etc. (Practical Solution Report No. 36, 12 January 2018; hereinafter, Practical Solution Report No. 36) and related guidance. Transactions involving the grant of paid stock acquisition rights with vesting conditions to employees and others will be accounted for in accordance with the Accounting Standard for Stock Options and Others (Accounting Standard No. 8, 27 December 2005) and related standards.」
From 1 April 2018 onward, the company applied the Practical Response Report on paid stock acquisition rights with vesting conditions and other relevant guidance, and proceeded with accounting treatment in accordance with the Accounting Standard for Share-Based Payments. - FY2017RestatedAnnual report
「Following the amendment to the Corporation Tax Act, the Company applied the Practical Solution on Change in Depreciation Method due to the 2016 Tax Reform (Practical Solution Report No. 32, 17 June 2016) during the current consolidated fiscal year and changed the depreciation method for building fixtures and structures acquired on or after 1 April 2016 from the declining-balance method to the straight-line method. As a result, the impact on operating loss, ordinary loss and loss before income taxes for the current consolidated fiscal year was immaterial.」
The change in the depreciation method and the application of the guidance on the recoverability of deferred tax assets were also disclosed for the full year, with the impact on profit and loss described as immaterial. - FY2017-Q3First statedAnnual report
「Following the amendment to the Corporation Tax Act, the Company applied the Practical Solution on Change in Depreciation Method due to the 2016 Tax Reform (Practical Solution Report No. 32, 17 June 2016) from the first quarter of the current consolidated accounting period and changed the depreciation method for building fixtures and structures acquired on or after 1 April 2016 from the declining-balance method to the straight-line method. As a result, the impact on operating loss, ordinary loss and loss before income taxes for the nine-month period of the current third quarter was immaterial. The Application Guidance on Recoverability of Deferred Tax Assets (Application Guidance No. 26, 28 March 2016) has also been applied from the first quarter of the current consolidated accounting period.」
Following the tax law amendments, the depreciation method for building fixtures and structures was changed from the declining-balance method to the straight-line method, and the application guidance on the recoverability of deferred tax assets was also applied from the first quarter. The impact on profit and loss was described as immaterial.