Accounting estimates involving significant management judgment
First written in FY2021. 1 of 2 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2020: 5 of 22 companies on the "Worse" side.
20 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「The company’s estimates include many elements identified as having a considerably high degree of uncertainty, including provisions for litigation losses, provisions for construction losses, impairment of fixed assets, the recoverability of deferred tax assets and estimates of retirement benefit obligations.」
The company continues to address the uncertainty and risk of fluctuations in operating results associated with significant accounting estimates. - FY2021First statedAnnual report
「The company’s estimates include many elements identified as having a considerably high degree of uncertainty, including provisions for litigation losses, provisions for construction losses, impairment of fixed assets, the recoverability of deferred tax assets and estimates of retirement benefit obligations. These estimates could result in significant fluctuations in revenue recognition, which could affect the group’s operating results.」
The company separately discloses the uncertainty and risk of fluctuations in operating results associated with multiple significant accounting estimates.