Assumptions for demand recovery through December and accounting estimates reflecting the impact of COVID-19
First written in FY2021-Q1. 5 of 9 entries say "Restated". Latest entry: FY2023-Q3.
Studio Alice moved to the "Worse" side of this theme in 2023, the same year as the typical company in this theme.
The whole theme swung hardest in 2026: 3 of 7 companies on the "Worse" side.
6 other companies' latest entry also says "Reframed".
- FY2023-Q3ReframedAnnual report
「Our group's stores are operating with comprehensive infection-prevention measures in place, but the spread of the Omicron variant to children of elementary-school age and younger increased photography cancellations compared with usual years. We have assumed that the impact on business performance will be minor and have prepared accounting estimates for impairment of fixed assets, the recoverability of deferred tax assets and other items.」
Changes the assumption from "business performance will remain at the usual level" to wording that recognizes the increase in photography cancellations but assumes that the impact on business performance will be minor. - FY2023-Q2ReframedAnnual report
「However, as of the filing date, the infection situation was moving toward containment. We have assumed that business performance will not be affected from the third quarter, which includes the Shichi-Go-San season, onward, and have prepared accounting estimates for impairment of fixed assets, the recoverability of deferred tax assets and other items.」
Changes the assumption from a general recovery to normal levels to a time-specific assumption that the infection situation will be contained and will not affect business performance from the third quarter onward. - FY2022-Q3RestatedAnnual report
「Going forward, we have assumed that business performance will remain at the usual level and have prepared accounting estimates for impairment of fixed assets, the recoverability of deferred tax assets and other items.」
Continues to use the assumption that business performance will remain at the usual level going forward in estimates of impairment of fixed assets and the recoverability of deferred tax assets. - FY2022-Q2RestatedAnnual report
「Going forward, we have assumed that business performance will remain at the usual level and have prepared accounting estimates for impairment of fixed assets, the recoverability of deferred tax assets and other items. The results based on actual future performance may differ from these estimates and assumptions.」
Continues to use the assumption that business performance will remain at the usual level going forward in estimates of impairment of fixed assets and the recoverability of deferred tax assets. - FY2022-Q1RestatedAnnual report
「Going forward, we have assumed that business performance will remain at the usual level and have prepared accounting estimates for impairment of fixed assets, the recoverability of deferred tax assets and other items.」
States that, in light of the impact of COVID-19, the assumption that business performance will remain at the usual level going forward is being used in accounting estimates. - FY2021RestatedAnnual report
「Going forward, we have assumed that business performance will remain at the usual level and have prepared accounting estimates for impairment of fixed assets, the recoverability of deferred tax assets and other items.」
States that, in light of the impact of COVID-19, the assumption that business performance will remain at the usual level going forward is being used in accounting estimates. - FY2021-Q3ReframedAnnual report
「Going forward, we have assumed that business performance will remain at the usual level and have prepared accounting estimates for impairment of fixed assets, the recoverability of deferred tax assets and other items.」
Changes the wording from the previous assumption that "recovery to pre-pandemic levels will take until December" to the assumption that business performance will remain at the usual level going forward. - FY2021-Q2RestatedAnnual report
「Under these circumstances, we have assumed that demand for commemorative photography will recover gradually, but that recovery to pre-pandemic levels will take until December, and have prepared accounting estimates for impairment of fixed assets, the recoverability of deferred tax assets and other items. The results based on actual future performance may differ from these estimates and assumptions.」
Maintains the assumption that demand for commemorative photography will return to pre-pandemic levels by December and reflects it in estimates of impairment of fixed assets and the recoverability of deferred tax assets. - FY2021-Q1First statedAnnual report
「Under these circumstances, we have assumed that demand for commemorative photography will recover gradually, but that recovery to pre-pandemic levels will take until December, and have prepared accounting estimates for impairment of fixed assets, the recoverability of deferred tax assets and other items. The results based on actual future performance may differ from these estimates and assumptions.」
Assumes that demand for commemorative photography will recover to pre-pandemic levels by December and reflects this assumption in estimates of impairment of fixed assets and the recoverability of deferred tax assets. It also states that actual results may differ from the estimates.