Accounting Estimates Reflecting the Impact of COVID-19
First written in FY2020-Q3. 5 of 8 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
「There were no significant changes from the previous fiscal year's securities report to the descriptions of significant accounting estimates and the assumptions used in those estimates in the section titled “Management's Analysis of Financial Position, Operating Results and Cash Flows.”」
The Company stated that there were no significant changes from the previous fiscal year's disclosures concerning significant accounting estimates and their underlying assumptions. - FY2023-Q1RestatedAnnual report
「There were no significant changes from the previous fiscal year's securities report to the descriptions of significant accounting estimates and the assumptions used in those estimates in the section titled “Management's Analysis of Financial Position, Operating Results and Cash Flows.”」
The Company stated that there were no significant changes from the previous fiscal year's disclosures concerning significant accounting estimates and their underlying assumptions. - FY2022SoftenedAnnual report
「Although accurately predicting the timing of the end of the novel coronavirus infection and other matters has become difficult, the impact of the spread of the infection on the Group's business during the current consolidated fiscal year was limited. Accordingly, the Company made accounting estimates on the assumption that the impact would also be limited in the future.」
The Company changed its accounting estimates from the previous assumption that the impact of the infection would continue to an assumption that the impact in the current period had been limited and would remain limited in the future. - FY2022-Q2RestatedAnnual report
「Because the timing of the end of the COVID-19 pandemic remains uncertain, the outlook is difficult to predict. Based on information available when preparing the quarterly consolidated financial statements, the Group assumed that the impact would continue at least through the current consolidated fiscal year and made accounting estimates concerning the valuation of goodwill and other intangible assets and the recoverability of deferred tax assets, among other matters. There were no significant changes to these estimates from the matters described in the securities report for the previous consolidated fiscal year.」
The Company made accounting estimates for goodwill, intangible assets and deferred tax assets on the assumption that the impact of COVID-19 would continue at least through the current consolidated fiscal year, and stated that there were no significant changes from the previous fiscal year. - FY2022-Q1RestatedAnnual report
「Because the timing of the end of the COVID-19 pandemic remains uncertain, the outlook is difficult to predict. Based on information available when preparing the quarterly consolidated financial statements, the Group assumed that the impact would continue at least through the current consolidated fiscal year and made accounting estimates concerning the valuation of goodwill and other intangible assets and the recoverability of deferred tax assets, among other matters. There were no significant changes to these estimates from the matters described in the securities report for the previous consolidated fiscal year.」
The Company valued goodwill, intangible assets and deferred tax assets, among other items, on the assumption that the impact of COVID-19 would continue at least through the current consolidated fiscal year. There were no significant changes from the previous fiscal year. - FY2021SoftenedAnnual report
「The Company made accounting estimates concerning the valuation of goodwill and other intangible assets and the recoverability of deferred tax assets, among other matters, on the assumption that the impact of the infection would continue for a certain period into the following consolidated fiscal year but would gradually improve.」
While assuming that the impact of the novel coronavirus would continue into the following fiscal year, the Company changed the assumptions underlying its accounting estimates to reflect gradual improvement. - FY2021-Q1RestatedAnnual report
「Because the timing of the end of the COVID-19 pandemic remains uncertain, the outlook is difficult to predict. Based on information available when preparing the quarterly consolidated financial statements, the Group assumed that the impact would continue at least through the current consolidated fiscal year and made accounting estimates concerning impairment of property, plant and equipment and the recoverability of deferred tax assets, among other matters. There were no significant changes to these estimates from the matters described in the securities report for the previous consolidated fiscal year.」
The Company estimated impairment of property, plant and equipment and the recoverability of deferred tax assets, among other matters, on the assumption that the impact of the novel coronavirus infection would continue at least through the current consolidated fiscal year. There were no significant changes from the previous period's disclosures. - FY2020-Q3First statedAnnual report
「In assessing impairment of property, plant and equipment and the recoverability of deferred tax assets, among other matters, the Company assumed that the impact of the spread of the novel coronavirus in Japan and overseas would continue through the following consolidated fiscal year. Based on recent actual results, it reflected the impact in its initial business plan figures and used them as accounting estimates.」
Assuming that the impact of the novel coronavirus would continue through the following consolidated fiscal year, the Company reflected recent actual results in its business plan figures and estimated impairment and the recoverability of deferred tax assets.