Application of tax-effect accounting following the transition to the group aggregation system

「The company and its domestic consolidated subsidiaries transitioned from the consolidated taxation system to the group tax sharing system from the beginning of the first quarter of the current fiscal year.」

「The Company and its domestic consolidated subsidiaries will transition from the consolidated taxation system to the group-sharing system from the following consolidated fiscal year.」

「当社及び国内連結子会社は、「所得税法等の一部を改正する法律」(2020年法律第８号)において創設されたグループ通算制度への移行及びグループ通算制度への移行にあわせて単体納税制度の見直しが行われた項目については、「連結納税制度からグループ通算制度への移行に係る税効果会計の適用に関する取扱い」第３項の取扱いにより、繰延税金資産及び繰延税金負債の額について、改正前の税法の規定に基づいております。」

「With respect to the transition to the group tax-sharing system established under the Act Partially Amending the Income Tax Act and Other Acts (Act No. 8 of 2020), and matters for which the standalone taxation system was revised in connection with that transition, the Company and its domestic consolidated subsidiaries apply the treatment in Paragraph 3 of Practical Solution No. 39, Application of Tax Effect Accounting Related to the Transition from the Consolidated Taxation System to the Group Tax-Sharing System, and do not apply Paragraph 44 of the Guidance on Accounting Standard for Tax Effect Accounting. Deferred tax assets and liabilities are therefore measured based on the provisions of the tax laws before amendment.」