Accounting Estimates Reflecting the Impact of COVID-19
First written in FY2020-Q2. 5 of 6 entries say "Restated". Latest entry: FY2021-Q3.
The whole theme swung hardest in 2026: 3 of 7 companies on the "Worse" side.
33 other companies' latest entry also says "Restated".
- FY2021-Q3RestatedAnnual report
「The spread of COVID-19 has changed some of the products sold by the group and customer visit trends. In making accounting estimates, including impairment accounting for fixed assets, the group considered store operating conditions during the period covered by the state of emergency declaration and store sales and other results from September onward that were available when preparing the quarterly consolidated financial statements. The group determined that these factors would not have a significant impact on estimates for the cumulative third quarter of the current consolidated fiscal year.」
The company reflected store sales and other results from September onward in its accounting estimates based on changes in products, customer visit trends and store operating conditions resulting from infectious diseases. - FY2021-Q2RestatedAnnual report
「The spread of COVID-19 has changed some of the products sold by the group and customer visit trends. In making accounting estimates, including impairment accounting for fixed assets, the group considered store operating conditions during the period covered by the state of emergency declaration and store sales and other results from June onward that were available when preparing the quarterly consolidated financial statements. The group determined that these factors would not have a significant impact on estimates for the cumulative second quarter of the current consolidated fiscal year.」
The company reflected store sales and other results from June onward in its accounting estimates based on changes in products, customer visit trends and store operating conditions resulting from infectious diseases, and determined that there would be no significant impact on the estimates. - FY2021-Q1RestatedAnnual report
「The spread of COVID-19 has changed some of the products sold by the group and customer visit trends. In making accounting estimates, including impairment accounting for fixed assets, the group considered store operating conditions during the period covered by the state of emergency declaration and store sales and other results from March onward that were available when preparing the quarterly consolidated financial statements. The group determined that these factors would not have a significant impact on estimates for the cumulative first quarter of the current consolidated fiscal year.」
The company reflected store sales and other results from March onward in its accounting estimates based on changes in products, customer visit trends and store operating conditions resulting from COVID-19. - FY2020RestatedAnnual report
「In making accounting estimates, including impairment accounting for fixed assets, the group considered store operating conditions during the period covered by the state of emergency declaration and store sales and other results from January onward that were available when preparing the consolidated financial statements. The group determined that these factors would not have a significant impact on estimates at the end of the current consolidated fiscal year.」
The company reflected store sales and other results from January onward in its accounting estimates based on store operating conditions resulting from COVID-19. - FY2020-Q3RestatedAnnual report
「In making accounting estimates, including impairment accounting for fixed assets, the group considered the operating results of stores from September onward that were available when preparing the quarterly consolidated financial statements. Although some commercial facilities were closed during the period covered by the state of emergency declaration, they have since resumed operations. The group determined that these factors would not have a significant impact on estimates for the cumulative third quarter of the current consolidated fiscal year.」
In light of closures and other effects resulting from COVID-19, the company reflected available store sales and other results in its accounting estimates and determined that there would be no significant impact on the estimates. - FY2020-Q2First statedAnnual report
「In making accounting estimates, including impairment accounting for fixed assets, the group considered the operating results of stores from June onward that were available when preparing the quarterly consolidated financial statements. Although some commercial facilities were closed during the period covered by the state of emergency declaration, they have since resumed operations. The group determined that these factors would not have a significant impact on estimates for the cumulative second quarter of the current consolidated fiscal year.」
In light of closures and other effects resulting from COVID-19, the company made estimates, including impairment accounting for fixed assets, after considering store sales and other results from June onward, and determined that the impact on the estimates was not significant.