TOKYO, May 14 (Pulse News Wire) – JTEC Corporation (3446.T) reported on Monday that it would recognize a tax adjustment gain of ¥57.9 million for the fiscal third quarter ending March 31, 2026. Based on its assessment of future taxable income, the company determined that certain deferred tax assets are recoverable.
As a result, JTEC will record the tax adjustment gain in accordance with accounting standards. In its earnings release for the same period, JTEC stated that the impact of this tax adjustment will be reflected in the consolidated financial statements for the quarter ended March 31, 2026.
The company's representative director, Naoshi Tsukuba, noted that the recognition of this tax adjustment reflects a positive outlook on the firm’s future profitability. Further details will be available in the upcoming quarterly financial results.
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