Impact of the Prolonged and Worsening COVID-19 Pandemic on Accounting Estimates
First written in FY2020. 5 of 7 entries say "Restated". Latest entry: FY2022-Q3.
The whole theme swung hardest in 2021: 4 of 15 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「There were no material changes during the cumulative third quarter period in the assumptions concerning the impact of the spread of COVID-19 disclosed under "Significant Accounting Estimates" in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the assumptions concerning the impact of the spread of COVID-19 on accounting estimates. - FY2022-Q2RestatedAnnual report
「There were no material changes during the cumulative second quarter period in the assumptions concerning the impact of the spread of COVID-19 disclosed under "Significant Accounting Estimates" in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the assumptions concerning the impact of the spread of COVID-19 on accounting estimates. - FY2021ReframedAnnual report
「In addition, we have assumed that the impact of COVID-19 will be limited.」
The wording of the accounting estimates related to the impact of COVID-19 has changed from the previous assumption that the impact would continue for approximately six months to the assumption that the impact would be limited. - FY2021-Q3RestatedAnnual report
「There have been no material changes during the current period in the assumptions, including those concerning how the COVID-19 pandemic will spread and when it will subside, disclosed in the "Additional Information" section of the securities report for the previous fiscal year under "Accounting Estimates Related to the Impact of the Spread of COVID-19."」
The company states that there have been no material changes in the assumptions used in accounting estimates concerning the spread and timing of the containment of COVID-19. - FY2021-Q2RestatedAnnual report
「There have been no material changes during the current period in the assumptions, including those concerning how the COVID-19 pandemic will spread and when it will subside, disclosed in the "Additional Information" section of the securities report for the previous fiscal year under "Accounting Estimates Related to the Impact of the Spread of COVID-19."」
The company states that there have been no material changes from the previous fiscal year in the assumptions underlying accounting estimates concerning how COVID-19 will spread and when it will subside. - FY2021-Q1RestatedAnnual report
「There have been no material changes during the current period in the assumptions, including those concerning how the COVID-19 pandemic will spread and when it will subside, disclosed in the "Additional Information" section of the securities report for the previous fiscal year under "Accounting Estimates Related to the Impact of the Spread of COVID-19."」
The company states that there have been no material changes from the previous fiscal year in the assumptions underlying accounting estimates concerning how COVID-19 will spread and when it will subside. - FY2020First statedAnnual report
「Regarding the impact of COVID-19, based on information available when preparing the financial statements, we have assumed that the impact of COVID-19 on operating revenue and other items will continue for approximately six months. However, if the impact of COVID-19 persists or worsens, it may affect accounting estimates, including impairment accounting for fixed assets.」
While assuming that the impact on operating revenue and other items will continue for approximately six months, the company has newly disclosed the possibility that a prolonged or worsening pandemic could affect estimates, including impairment accounting for fixed assets.