Incorporating delays and restrictions on construction investment into order plans and deferred tax asset estimates
First written in FY2021-Q1. 4 of 7 entries say "Restated". Latest entry: FY2023-Q2.
The whole theme swung hardest in 2026: 5 of 22 companies on the "Worse" side.
103 other companies' latest entry also says "Restated".
- FY2023-Q2RestatedAnnual report
「As signs of improvement have emerged in the domestic and overseas economies, the order plan for the current consolidated fiscal year was prepared on the assumption that construction investment would recover from the level of the previous consolidated fiscal year.」
The assumption that construction investment would recover from the previous fiscal year's level continues to be used in the current year's order plan and in estimates of the recoverability of deferred tax assets. - FY2022-Q3RestatedAnnual report
「As signs of improvement have emerged in the domestic and overseas economies, the order plan for the current consolidated fiscal year was prepared on the assumption that construction investment would recover from the level of the previous consolidated fiscal year.」
The assumption that construction investment would recover from the previous fiscal year's level continues to be used in the current year's order plan and in estimates of the recoverability of deferred tax assets. No specific recovery timing has been added. - FY2022-Q2RestatedAnnual report
「As signs of improvement have emerged in the domestic and overseas economies, the order plan for the current consolidated fiscal year was prepared on the assumption that construction investment would recover from the level of the previous consolidated fiscal year.」
The assumption that construction investment would recover from the previous fiscal year's level continues to be used in the order plan and in estimates of the recoverability of deferred tax assets. - FY2022-Q1The assumption of recovery in construction investment continues, but the specific timing has been removedAnnual report
「Although signs of improvement have emerged in the domestic and overseas economies, and infections caused by COVID-19 variants have recently been spreading, the order plan for the current consolidated fiscal year was prepared on the assumption that construction investment would recover from the level of the previous consolidated fiscal year.」
The assumption that construction investment would recover from the previous fiscal year's level has been maintained, but the specific recovery timing of “the second half of fiscal 2021” stated in the previous filing is not included in this filing. - FY2021Updated the assumption that recovery would begin in the second half of fiscal 2021Annual report
「The order plan for the following consolidated fiscal year was prepared on the assumption that recovery would begin around the second half of fiscal 2021 as the spread of COVID-19 subsided.」
While maintaining the policy of incorporating deferred and restrained construction investment into the order plan and deferred tax asset estimates, a new timeline was established under which willingness to invest in facilities would recover from the second half of fiscal 2021. - FY2021-Q2RestatedAnnual report
「There have been no material changes from the information described in the additional information section of the securities report for the previous fiscal year regarding the impact of the spread of COVID-19 on the Group. However, the order plan for the current consolidated fiscal year was prepared on the assumption that construction investment would be deferred or restrained because of lower willingness to invest in facilities as the domestic and overseas economies slowed.」
The accounting assumption of incorporating deferred and restrained construction investment into the order plan was reconfirmed. The recoverability of deferred tax assets was also estimated on the assumption of lower new construction orders and deteriorating project progress, among other factors. - FY2021-Q1First statedAnnual report
「The order plan for the current consolidated fiscal year was prepared on the assumption that construction investment would be deferred or restrained because of lower willingness to invest in facilities as the domestic and overseas economies slowed.」
The impact of the spread of COVID-19 was reflected as an assumption in the order plan for the current consolidated fiscal year and in estimates of the recoverability of deferred tax assets.