Recoverability Risk of Deferred Tax Assets
First written in FY2021. 2 of 5 entries say "Restated". Latest entry: FY2025.
Shokubun moved to the "Worse" side of this theme in 2024.
1 other company's latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「The valuation allowance increased by ¥50,968 thousand. This was mainly due to a ¥45,131 thousand increase in the valuation allowance relating to tax loss carryforwards.」
In connection with the decline in the recoverability of deferred tax assets, the valuation allowance increased by ¥50,968 thousand, and net deferred tax assets changed from negative ¥102,342 thousand in the previous fiscal year to negative ¥122,504 thousand. - FY2024MaterialisedAnnual report
「As a result of recording ¥42 million in adjustment to income taxes and other taxes due to the reversal of deferred tax assets, net loss attributable to owners of the parent was ¥15 million, compared with net income attributable to owners of the parent of ¥268 million in the previous fiscal year.」
In connection with the risk relating to the recoverability of deferred tax assets, the company recorded ¥42 million in adjustment to income taxes and other taxes due to the reversal of deferred tax assets during the current fiscal year. - FY2023RestatedAnnual report
「If the Group determines that all or part of its deferred tax assets are not recoverable due to significant changes in the performance or operating environment of Group companies, or if tax reforms, including changes in tax rates, or revisions to accounting standards are implemented, the deferred tax assets may be reduced, which could affect the Group's results of operations.」
The company continues to disclose the risk of reductions in deferred tax assets due to changes in Group performance, the operating environment, tax laws or accounting standards. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to its existing business risks, including the risk relating to the recoverability of deferred tax assets. - FY2021First statedAnnual report
「If the Group determines that all or part of its deferred tax assets are not recoverable due to significant changes in the performance or operating environment of Group companies, or if tax reforms, including changes in tax rates, or revisions to accounting standards are implemented, the deferred tax assets may be reduced, which could affect the Group's results of operations. At the end of the current consolidated fiscal year, deferred tax assets were ¥7,182 thousand and deferred tax liabilities were ¥28,369 thousand.」
The company has separately identified the risk that deferred tax assets may be reduced if their recoverability declines due to changes in performance or the operating environment, tax reforms or revisions to accounting standards.