Uncertainty surrounding business activities and accounting estimates due to COVID-19
First written in FY2021-Q1. 10 of 12 entries say "Restated". Latest entry: FY2024.
Tanabe Engineering moved to the "Worse" side of this theme in 2024, 1 year before the typical company in this theme (2025).
The whole theme swung hardest in 2025: 2 of 9 companies on the "Worse" side.
3 other companies' latest entry also says "Reframed".
- FY2024ReframedAnnual report
「If infections such as COVID-19, influenza and norovirus spread in areas surrounding the Group’s locations, business activities may be temporarily disrupted, potentially affecting the Group’s operating results, financial condition and other aspects of its business.」
The disclosure has been reorganized from uncertainty regarding accounting estimates related to COVID-19 into a general description of the risk that business activities may be disrupted by multiple infectious diseases. - FY2023-Q3RestatedAnnual report
「There have been no material changes to the assumptions regarding the impact of COVID-19 disclosed under “Additional Information” in the securities report for the previous consolidated fiscal year. The impact of the spread of COVID-19 contains many uncertain factors, and depending on the future spread of infections, it may affect the Group’s financial position and operating results.」
While there have been no material changes to the accounting assumptions regarding COVID-19, the company continues to disclose the possibility that the spread of infections may affect its financial position and operating results. - FY2023-Q2RestatedAnnual report
「There have been no material changes to the assumptions regarding the impact of COVID-19 disclosed under “Additional Information” in the securities report for the previous consolidated fiscal year. The impact of the spread of COVID-19 contains many uncertain factors, and depending on the future spread of infections, it may affect the Group’s financial position and operating results.」
While there have been no material changes to the accounting assumptions regarding COVID-19, the company continues to disclose the possibility that the spread of infections may affect its financial position and operating results. - FY2023-Q1RestatedAnnual report
「There have been no material changes to the assumptions regarding the impact of COVID-19 disclosed under “Additional Information” in the securities report for the previous consolidated fiscal year. The impact of the spread of COVID-19 contains many uncertain factors, and depending on the future spread of infections, it may affect the Group’s financial position and operating results.」
While there have been no material changes to the accounting assumptions regarding COVID-19, the company continues to disclose the possibility that the spread of infections may affect its financial position and operating results. - FY2022RestatedAnnual report
「Regarding the impact of COVID-19 from the following consolidated fiscal year onward, the company assumes that it will not continue to cause significant disruption to production activities in Japan and that its overseas subsidiaries will gradually recover toward the end of the following consolidated fiscal year, but」
The company continues to disclose uncertainty regarding the impact of COVID-19 while maintaining the assumptions that domestic production activities will not experience significant disruption and that overseas subsidiaries will gradually recover. - FY2022-Q3RestatedAnnual report
「There have been no material changes to the assumptions regarding the impact of COVID-19 disclosed under “Additional Information” in the securities report for the previous consolidated fiscal year. The impact of the spread of COVID-19 contains many uncertain factors, and depending on the future spread of infections, it may affect the Group’s financial position and operating results.」
While there have been no material changes to the accounting assumptions regarding COVID-19, the company continues to disclose the possibility that the spread of infections may affect its financial position and operating results. - FY2022-Q2RestatedAnnual report
「There have been no material changes to the assumptions regarding the impact of COVID-19 disclosed under “Additional Information” in the securities report for the previous consolidated fiscal year. The impact of the spread of COVID-19 contains many uncertain factors, and depending on the future spread of infections, it may affect the Group’s financial position and operating results.」
While there have been no material changes to the accounting assumptions regarding COVID-19, the company continues to disclose the possibility that the spread of infections may affect its financial position and operating results. - FY2022-Q1RestatedAnnual report
「There have been no material changes to the assumptions regarding the impact of COVID-19 disclosed under “Additional Information” in the securities report for the previous consolidated fiscal year. The impact of the spread of COVID-19 contains many uncertain factors, and depending on the future spread of infections, it may affect the Group’s financial position and operating results.」
While there have been no material changes to the accounting assumptions regarding COVID-19, the company continues to disclose the possibility that the spread of infections may affect its financial position and operating results. - FY2021RestatedAnnual report
「The Group has assumed that the impact of COVID-19 will not continue to cause significant disruption to production activities in Japan and that its overseas subsidiaries will gradually recover toward the end of the following consolidated fiscal year. Based on these assumptions and available external information, the Group has made accounting estimates for the calculation of the progress rate used in applying the percentage-of-completion method, the recoverability of deferred tax assets and impairment of fixed assets. However, it is difficult to accurately predict the future impact of the spread of COVID-19, and future uncertainty may affect the results of the accounting estimates made by the Group.」
The company continues to disclose uncertainty regarding accounting estimates, based on the assumptions that domestic production activities will not experience significant disruption and that overseas subsidiaries will recover toward the end of the following consolidated fiscal year. - FY2021-Q3RestatedAnnual report
「The timing of the containment of COVID-19 remains uncertain, and the government has currently issued a state of emergency declaration for some prefectures. / However, it is difficult to accurately predict the future impact of the spread of COVID-19, and future uncertainty may affect the results of the accounting estimates made by the Group.」
The company continues to disclose uncertainty regarding the timing of the containment of COVID-19, social restrictions and the impact on accounting estimates. - FY2021-Q2RestatedAnnual report
「The timing of the containment of COVID-19 remains uncertain, and further measures involving large-scale social restrictions may be implemented if infections spread again. / However, it is difficult to accurately predict the future impact of the spread of COVID-19, and future uncertainty may affect the results of the accounting estimates made by the Group.」
The company continues to disclose uncertainty regarding the timing of the containment of COVID-19, renewed social restrictions and the impact on accounting estimates. - FY2021-Q1First statedAnnual report
「The timing of the containment of COVID-19 remains uncertain, and further measures involving large-scale social restrictions may be implemented if a second or third wave of infections occurs. / However, it is difficult to accurately predict the future impact of the spread of COVID-19, and future uncertainty may affect the results of the accounting estimates made by the Group.」
The company continues to disclose uncertainty regarding the timing of the containment of COVID-19, renewed social restrictions and the impact on accounting estimates. Some overseas subsidiaries have in fact experienced lower operating rates and slower construction progress due to lockdowns and travel restrictions.