Accounting estimates reflecting the assumption that the care business will continue
First written in FY2020-Q2. 9 of 10 entries say "Restated". Latest entry: FY2023-Q3.
The whole theme swung hardest in 2026: 5 of 23 companies on the "Worse" side.
102 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「There have been no material changes to the accounting estimates and the assumptions used in those estimates described under “Management's Analysis of Financial Position, Operating Results and Cash Flows” in the securities report for the previous fiscal year.」
The company states that there have been no significant changes from the previous fiscal year in the accounting estimates or the assumptions used in making them. - FY2023-Q2RestatedAnnual report
「There have been no material changes to the accounting estimates and the assumptions used in those estimates described under “Management's Analysis of Financial Position, Operating Results and Cash Flows” in the securities report for the previous fiscal year.」
The company states that there have been no significant changes from the previous fiscal year in the accounting estimates or the assumptions concerning the impact of COVID-19. - FY2023-Q1RestatedAnnual report
「There have been no significant changes to the assumptions described in the annual securities report for the previous consolidated fiscal year, under “V. Accounting Status, 1. Consolidated Financial Statements, etc. [Notes] (Significant Accounting Estimates),” including assumptions regarding the impact of COVID-19 on the business and the timing of its containment.」
The company states that there have been no material changes from the previous fiscal year in its accounting assumptions concerning the impact of COVID-19 on the business and the timing of its containment. - FY2022RestatedAnnual report
「We assume that the effects of infectious diseases will continue at least through the next fiscal year ending October 2023. Despite this environment, our group's core elderly care business provides essential services that enable users and their families to lead healthy lives. Accordingly, we have assumed that the business environment is extremely unlikely to deteriorate significantly from the next consolidated fiscal year onward, and have reflected this assumption in our accounting estimates.」
The company continues to assume that the impact of the infection will persist through the next fiscal year and, for accounting purposes, that the possibility of a significant deterioration in the business environment for the care business is extremely low. - FY2022-Q2RestatedAnnual report
「There have been no material changes in the assumptions, including those concerning the impact of COVID-19 on the business and the timing of its containment, described in the Annual Securities Report for the previous fiscal year under “V. Accounting Status, 1. Consolidated Financial Statements, Notes (Additional Information) (Accounting Estimates Associated with the Spread of COVID-19).”」
The company states that there have been no material changes from the previous fiscal year in its accounting assumptions concerning the impact of COVID-19 on the business and the timing of its containment. - FY2021RestatedAnnual report
「The company assumes that the impact of the infection will continue at least through the next fiscal year (the fiscal year ending October 2022). However, because the care business, the Group's core business, provides essential services for users and their families to lead healthy lives, the company assumes that the possibility of a significant deterioration in the business environment from the next consolidated fiscal year onward is extremely low and has reflected this assumption in its accounting estimates.」
The company continues to assume that the impact of the infection will persist through the next fiscal year and, for accounting purposes, that the possibility of a significant deterioration in the business environment for the care business is extremely low. - FY2021-Q3RestatedAnnual report
「There have been no material changes in the assumptions, including those concerning the impact of COVID-19 on the business and the timing of its containment, described in the Annual Securities Report for the previous consolidated fiscal year under “V. Accounting Status, 1. Consolidated Financial Statements, Notes (Additional Information) (Accounting Estimates Associated with the Spread of COVID-19).”」
The company states that there have been no material changes from the previous fiscal year in its accounting assumptions concerning the impact of COVID-19 on the business and the timing of its containment. - FY2021-Q1RestatedAnnual report
「There have been no material changes in the assumptions, including those concerning the impact of COVID-19 on the business and the timing of its containment, described in the Annual Securities Report for the previous consolidated fiscal year under “V. Accounting Status, 1. Consolidated Financial Statements, Notes (Additional Information) (Accounting Estimates Associated with the Spread of COVID-19).”」
The company states that there have been no material changes from the previous fiscal year in its accounting assumptions concerning the impact of COVID-19 on the business and the timing of its containment. - FY2020-Q3RestatedAnnual report
「Accordingly, the company assumed that the possibility of a significant deterioration in the business environment remained extremely low from the fourth-quarter consolidated accounting period onward, and reflected this assumption in its accounting estimates.」
Based on the fact that the care business had been requested to continue operations, the company reflected in its accounting estimates the assumption that the possibility of a significant deterioration in the business environment from the fourth quarter onward was extremely low. It also stated the possibility of an impact from a more severe or prolonged spread of infections amid a high level of uncertainty. - FY2020-Q2First statedAnnual report
「We assumed that the possibility of a material deterioration in the business environment after the cumulative third quarter was extremely low and reflected this assumption in our accounting estimates.」
Based on government and local-government requests to continue operating long-term care businesses, reflects in accounting estimates the assumption that a material deterioration in the business environment after the third quarter was extremely unlikely, while also noting uncertainty from a prolonged spread of infections.