Accounting policy changes related to tax reforms and accounting guidance
First written in FY2017-Q2. 7 of 14 entries say "Restated". Latest entry: FY2025-H1.
2 other companies' latest entry also says "Achieved".
- FY2025-H1AchievedAnnual report
「The Accounting Standard for Accounting for Income Taxes, Levies and Business Taxes, Accounting Standard No. 27 dated 28 October 2022, and related standards have been applied from the beginning of the interim consolidated accounting period.」
The accounting standard that had previously been disclosed as scheduled for adoption from the beginning of the fiscal year ending March 2025 was applied from 1 April 2024, the beginning of the current interim consolidated accounting period. The Company states that the accounting policy change had no impact on the interim consolidated financial statements. - FY2023Planned adoption of an accounting standard not yet applied disclosedAnnual report
「The standards will be applied from the beginning of the fiscal year ending March 2025.」
The Company discloses that it plans to apply the revised accounting standard concerning income taxes and related matters from the beginning of the fiscal year ending March 2025, and that the impact is still being assessed. - FY2021-Q2RestatedAnnual report
「(Accounting policy changes, etc.) There are no applicable matters.」
The Company states that there were no new accounting policy changes in the second quarter. - FY2021-Q1RestatedAnnual report
「(Change in accounting policy) There are no applicable matters.」
The Company states that there were no new accounting policy changes in the first quarter. - FY2020-Q3RestatedAnnual report
「(Accounting policy changes, etc.) There are no applicable matters.」
The Company states that there were no new accounting policy changes in the third quarter. - FY2020-Q2RestatedAnnual report
「(Accounting policy changes, etc.) There are no applicable matters.」
The Company states that there were no new accounting policy changes in the second quarter. - FY2020-Q1RestatedAnnual report
「(Change in accounting policy) There are no applicable matters.」
The Company states that there were no new accounting policy changes in the first quarter. - FY2019-Q3RestatedAnnual report
「(Accounting policy changes, etc.) There are no applicable matters.」
The Company states that there were no new accounting policy changes in the third quarter. It continues to disclose the application of the tax-effect accounting standard and the presentation classification. - 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 Company continues to disclose the application of the revised standard for tax-effect accounting and the classification of deferred tax assets and liabilities on the balance sheet. - FY2019-Q1ReframedAnnual report
「The Partial Amendments to the Accounting Standard for Tax Effect Accounting (ASBJ Statement No. 28, 16 February 2018), among others, have been applied from the beginning of the first quarter, and key management indicators for the first-quarter cumulative period and the previous consolidated fiscal year have been restated retrospectively after applying the standards.」
Separately from the previous change in the depreciation method, the Company applied the revised accounting standard for tax-effect accounting from the beginning of the first quarter, and has presented comparative figures after retrospective application. - FY2018DroppedAnnual report
「(Accounting policy changes) There are no applicable matters.」
The accounting policy change related to the tax reform and accounting guidance, for which the impact had been quantified in the previous filing, is not listed as a change in the current fiscal year. - FY2017Full-year impact quantifiedAnnual report
「As a result, operating profit, ordinary profit and net income before income taxes and other adjustments for the current consolidated fiscal year each increased by ¥12,423 thousand.」
Regarding the change in the depreciation method for building fixtures and structures, the Company stated that the impact on full-year operating profit, ordinary profit and net income before income taxes and other adjustments was ¥12,423 thousand for each. - FY2017-Q3Impact of the accounting policy change quantifiedAnnual report
「As a result, operating profit, ordinary profit and quarterly net income before income taxes and other adjustments for the nine months of the current consolidated fiscal year each increased by ¥6,797 thousand.」
Regarding the change in the depreciation method for building fixtures and structures applied from the first quarter, the Company quantified the impact, stating that operating profit and other items for the nine-month period each increased by ¥6,797 thousand. - FY2017-Q2First statedAnnual report
「Following the revision of the Corporation Tax Act, the Company applied the Practical Solution on Changes in Depreciation Methods Related to the 2016 Tax Reform (Practical Response Report No. 32, 17 June 2016) from the first-quarter consolidated accounting period, changing 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. The Application Guidance on Recoverability of Deferred Tax Assets (ASBJ Guidance No. 26, 28 March 2016) has been applied from the first-quarter consolidated accounting period.」
Following tax reforms, 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. The impact of the change in depreciation method on income or loss was immaterial.