Business Impact of the COVID-19 Pandemic
First written in FY2020. 4 of 5 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
50 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「Regarding COVID-19, based on the fact that it had not materially affected the Group's business activities as of the end of the current consolidated fiscal year, the Company made accounting estimates, including assessments of impairment of fixed assets and the recoverability of deferred tax assets, on the assumption that its impact on the Group's business activities would be minor. However, the impact of the spread of COVID-19 remains highly uncertain, and the Company believes it is necessary to monitor its effects on the Group's financial position and operating results for the following consolidated fiscal year.」
While maintaining the assumption that the impact of the infection is minor, the Company has reconfirmed that the effects remain highly uncertain and that their impact on the following fiscal year must be monitored closely. - FY2021-Q3RestatedAnnual report
「Regarding COVID-19, based on the fact that it had not materially affected the Group's business activities as of the end of the third quarter of the current consolidated fiscal period, the Company made accounting estimates, including assessments of impairment of fixed assets and the recoverability of deferred tax assets, on the assumption that its impact on the Group's business activities would be minor. However, the impact of the spread of COVID-19 remains highly uncertain, and the Company believes it is necessary to monitor its effects on the Group's financial position and operating results for the current consolidated fiscal year.」
While maintaining the assumption that the impact on business activities is minor, the Company has reconfirmed that the effects of the spread of COVID-19 remain highly uncertain and that its impact on the financial position and operating results must be monitored closely. - FY2021-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no material changes in the impact of COVID-19 on accounting estimates described in the annual securities report for the previous consolidated fiscal year.」
The Company has reconfirmed its view that there have been no material changes to the accounting estimates concerning the impact of COVID-19. - FY2021-Q1RestatedAnnual report
「The impact of COVID-19 on the Group during the first quarter of the current consolidated cumulative period was minor.」
The Company has reconfirmed its view that the impact of COVID-19 on the Group's results is minor. - FY2020First statedAnnual report
「Although some subsidiaries have begun to feel the effects of COVID-19, these are newly launched businesses that have been operating for only a short time and are small in scale. As no discernible adverse effects on the Group's core businesses, including the SHOPLIST business, have been observed at this time, the Company considers the impact on the Group's results to be minor at present.」
The Company describes for the first time that some subsidiaries have begun to feel the effects of COVID-19. At the same time, no discernible adverse effects on the core businesses have been observed, and the impact on the Group's results is considered minor.