Estimating impairment losses and deferred tax assets on the assumption that the impact of COVID-19 will continue through the year
First written in FY2020-Q2. 7 of 10 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2026: 5 of 22 companies on the "Worse" side.
65 other companies' latest entry also says "Dropped".
- FY2023DroppedAnnual report
「Estimated undiscounted future cash flows are based on the business plan, whose key assumptions are the number of weddings to be held in the future and the average spending per wedding.」
The explicit assumption previously stated that the impact of COVID-19 would continue cannot be found in this annual securities report; instead, the number of future weddings and average spending per wedding are identified as key assumptions. - FY2023-Q1RestatedAnnual report
「During the three months ended 30 June, no material changes were made to the assumptions concerning the spread of COVID-19 described in the annual securities report for the previous consolidated fiscal year when estimating impairment of fixed assets and the recoverability of deferred tax assets.」
Regarding estimates for impairment of fixed assets and the recoverability of deferred tax assets, based on assumptions about the impact of COVID-19, no material changes have been made to the assumptions at the end of the previous consolidated fiscal year. - FY2022-Q3RestatedAnnual report
「During the nine months ended 31 December, no material changes were made to the assumptions concerning the spread of COVID-19 described in the annual securities report for the previous consolidated fiscal year when estimating impairment of fixed assets and the recoverability of deferred tax assets.」
Regarding estimates for impairment of fixed assets and the recoverability of deferred tax assets, based on assumptions about the impact of COVID-19, no material changes have been made to the assumptions at the end of the previous consolidated fiscal year. - FY2022-Q2RestatedAnnual report
「During the second-quarter consolidated cumulative period, there were no material changes to the assumptions concerning the spread of COVID-19 described in the annual securities report for the previous consolidated fiscal year when estimating impairment of fixed assets and the recoverability of deferred tax assets.」
Regarding estimates for impairment of fixed assets and the recoverability of deferred tax assets, based on assumptions about the impact of COVID-19, no material changes have been made to the assumptions at the end of the previous consolidated fiscal year. - FY2021RestatedAnnual report
「Although it remains difficult to predict when the COVID-19 pandemic will end, the company is estimating impairment of fixed assets and the recoverability of deferred tax assets based on the assumption that business performance will gradually recover from year-end through the following year, taking into account progress in vaccinations.」
Based on progress in vaccinations, the company is making accounting estimates based on the assumption of a gradual recovery from year-end through the following year. It states that there were no material changes to the assumptions used at the end of the previous consolidated fiscal year. - FY2021-Q2RestatedAnnual report
「Although it remains difficult to predict when the COVID-19 pandemic will end, the company is estimating impairment of fixed assets and the recoverability of deferred tax assets based on the assumption that business performance will gradually recover from the end of the fiscal year through the following year, taking into account the start of domestic COVID-19 vaccinations.」
Taking into account the start of vaccinations, the company is making accounting estimates based on the assumption that business performance will gradually recover from the end of the fiscal year through the following year. It states that there were no material changes to the assumptions used at the end of the previous consolidated fiscal year. - FY2021-Q1RestatedAnnual report
「Although it remains difficult to predict when the COVID-19 pandemic will end, the company is estimating impairment of fixed assets and the recoverability of deferred tax assets based on the assumption that business performance will gradually recover toward the end of the fiscal year, taking into account the start of domestic COVID-19 vaccinations. No material changes have been made to the assumptions used at the end of the previous consolidated fiscal year.」
Taking into account the start of vaccinations, the company is making accounting estimates based on the assumption of a gradual recovery toward the end of the fiscal year, but states that there were no material changes to the assumptions used at the end of the previous consolidated fiscal year. - FY2020Refinement of the assumed period and recovery assumptionsAnnual report
「Although the impact of COVID-19 is expected to continue into the following consolidated fiscal year, the company is estimating impairment of fixed assets and the recoverability of deferred tax assets based on the assumption that performance will gradually recover from 2021.」
The estimates were refined from the previous assumption that the impact would continue through year-end to the assumption that the impact would continue into the following consolidated fiscal year, with a gradual recovery beginning in 2021. - FY2020-Q3RestatedAnnual report
「As it is difficult for the group to predict when the COVID-19 pandemic will end, it has estimated impairment of fixed assets and the recoverability of deferred tax assets based on information currently available to it and the assumption that the impact of COVID-19 will continue through year-end.」
The company continues to estimate impairment of fixed assets and the recoverability of deferred tax assets based on the assumption that the impact of COVID-19 will continue through year-end. - FY2020-Q2First statedAnnual report
「As it is difficult for the group to predict when the COVID-19 pandemic will end, it has estimated impairment of fixed assets and the recoverability of deferred tax assets based on information currently available to it and the assumption that the impact of COVID-19 will continue through year-end.」
The company is estimating impairment of fixed assets and the recoverability of deferred tax assets based on the assumption that the impact of COVID-19 will continue through year-end.