Estimate of the Recoverability of Deferred Tax Assets Based on Assumptions Regarding COVID-19
First written in FY2021-Q2. 6 of 8 entries say "Restated". Latest entry: FY2024-Q1.
The whole theme swung hardest in 2026: 5 of 23 companies on the "Worse" side.
103 other companies' latest entry also says "Restated".
- FY2024-Q1RestatedAnnual report
「There were no material changes to the descriptions of the accounting estimates and the assumptions used in those estimates in the section "Management's Analysis of Financial Position, Operating Results and Cash Flows" of the securities report for the previous fiscal year.」
There are no material changes in the accounting estimates and their assumptions, including the effects of infectious diseases. - FY2023-Q2RestatedAnnual report
「There were no material changes to the descriptions of the accounting estimates and the assumptions used in those estimates in the section "Management's Analysis of Financial Position, Operating Results and Cash Flows" of the securities report for the previous fiscal year.」
There are no material changes from the previous fiscal year in the accounting estimates and assumptions, including the effects of COVID-19. - FY2022RestatedAnnual report
「There were no material changes to the descriptions of the accounting estimates and the assumptions used in those estimates in the section "Management's Analysis of Financial Position, Operating Results and Cash Flows" of the securities report for the previous fiscal year.」
There are no material changes from the previous fiscal year in the accounting estimates and assumptions, including the effects of infectious diseases. - FY2022-Q3RestatedAnnual report
「There were no material changes to the descriptions of the accounting estimates and the assumptions used in those estimates in the section "Management's Analysis of Financial Position, Operating Results and Cash Flows" of the securities report for the previous fiscal year.」
There are no material changes from the previous fiscal year in the accounting estimates and assumptions. - FY2022-Q1RestatedAnnual report
「There were no material changes to the assumptions concerning the impact of COVID-19 on the Group’s business described in the “Additional Information” section of the securities report for the previous consolidated fiscal year.」
It is stated that there have been no material changes since the previous consolidated fiscal year in the accounting assumptions concerning the impact of the infection. - FY2021ReframedAnnual report
「The recoverability of deferred tax assets was estimated based on the assumption that the impact of the infection would gradually ease over time as vaccination progresses and that economic activity would recover in the second half of fiscal 2021」
Amid uncertainty about when the infection would be contained, more specific estimation assumptions were presented, including progress in vaccinations and the recovery of economic activity in the second half of fiscal 2021. - FY2021-Q3RestatedAnnual report
「There were no material changes to the accounting estimates and the assumptions used in those estimates described in “Analysis of Financial Position, Operating Results and Cash Flows by Management” in the quarterly report for the second-quarter consolidated accounting period.」
It was stated that there had been no material changes from the previous quarter in the assumptions used for accounting estimates concerning the spread of COVID-19, the timing of its containment and the duration of its impact. - FY2021-Q2First statedAnnual report
「The recoverability of deferred tax assets was estimated for accounting purposes based on the assumption that, while taking into account the impact of COVID-19, the recovery in economic activity would begin to gain momentum from the second half of the current period through the beginning of the following period.」
For the first time, the company explicitly stated its accounting treatment of estimating the recoverability of deferred tax assets while incorporating the impact of COVID-19 and assumptions about the recovery of economic activity.