Uncertainty in Estimates of Deferred Tax Assets and Impairment Associated with COVID-19
First written in FY2020. 7 of 9 entries say "Restated". Latest entry: FY2023-Q1.
The whole theme swung hardest in 2026: 5 of 22 companies on the "Worse" side.
103 other companies' latest entry also says "Restated".
- FY2023-Q1RestatedAnnual report
「There have been no material changes to the assumptions described in the annual securities report for the previous consolidated fiscal year under Significant Accounting Estimates.」
The company states that there have been no material changes in the accounting estimates that use the assumption that the effects of COVID-19 will continue for a certain period when assessing the recoverability of deferred tax assets and determining impairment losses on fixed assets. - FY2022-Q3RestatedAnnual report
「There have been no material changes to the assumptions described in the annual securities report for the previous consolidated fiscal year under Significant Accounting Estimates.」
The company states that there have been no material changes in the accounting estimates that use the assumption that the effects of COVID-19 will continue for a certain period when assessing the recoverability of deferred tax assets and determining impairment losses on fixed assets. - FY2022-Q2RestatedAnnual report
「There have been no material changes to the assumptions described in the annual securities report for the previous consolidated fiscal year under Significant Accounting Estimates.」
The company states that there have been no material changes in the accounting estimates that use the assumption that the effects of COVID-19 will continue for a certain period when assessing the recoverability of deferred tax assets and determining impairment losses on fixed assets. - FY2022-Q1RestatedAnnual report
「There have been no material changes to the assumptions described in the annual securities report for the previous consolidated fiscal year under Significant Accounting Estimates.」
The company states that there have been no material changes in the accounting estimates that use the assumption that the effects of the infection will continue for a certain period when assessing the recoverability of deferred tax assets and determining impairment losses on fixed assets. - FY2021RestatedAnnual report
「Because the impact of COVID-19 on economic activity is highly uncertain, the company assumes that it will continue through the fiscal year ending March 2022.」
The company continues to use the assumption that the effects of the infection will continue through the fiscal year ending March 2022 in accounting estimates, including those for deferred tax assets and impairment of fixed assets. - FY2021-Q3WorsenedAnnual report
「At the end of the second quarter of the current consolidated fiscal year, the group had made accounting estimates using the assumption that the effects of COVID-19 would remain to some extent through the fiscal year ending March 2021 when assessing the recoverability of deferred tax assets and determining impairment losses on fixed assets, including goodwill. However, because the impact of COVID-19 on economic activity is highly uncertain, the assumption has been changed so that various effects are expected to remain to some extent through the fiscal year ending March 2022.」
The period covered by the accounting assumption that the effects of the infection would remain was extended from the fiscal year ending March 2021 to the fiscal year ending March 2022. The high degree of uncertainty was also stated. - FY2021-Q2RestatedAnnual report
「There have been no material changes to the assumptions described in the annual securities report for the previous consolidated fiscal year under Additional Information.」
The company confirms that there have been no material changes from the previous fiscal year in the accounting treatment that uses the assumption that the effects of the infection will continue for a certain period when assessing the recoverability of deferred tax assets and determining impairment losses on fixed assets. - FY2021-Q1RestatedAnnual report
「There have been no material changes to the assumptions described in the annual securities report for the previous consolidated fiscal year under Additional Information.」
The company confirms that there have been no material changes from the previous fiscal year in the accounting treatment that uses the assumption that the effects of the infection will continue for a certain period when assessing the recoverability of deferred tax assets and determining impairment losses on fixed assets. - FY2020First statedAnnual report
「The company reflected accounting estimates in its accounting treatment, including by using the assumption that the effects of the spread of COVID-19 would continue for at least a certain period when assessing the recoverability of deferred tax assets and determining impairment losses on fixed assets, including goodwill.」
The company uses the assumption that the effects of the infection will continue for a certain period when assessing the recoverability of deferred tax assets and determining impairment losses on fixed assets, including goodwill, and has newly indicated the potential accounting impact of changes in these assumptions.