Adoption of the Accounting Standard for Disclosure of Accounting Estimates
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2023.
34 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「Given expectations that uncertain conditions will continue during the current consolidated fiscal year, including rising prices resulting from higher energy, raw material and logistics costs, the company has made accounting estimates, including the recoverability of deferred tax assets, on the assumption that the impact of higher prices resulting from increases in energy, raw material and logistics costs will continue for the time being from the fiscal year ending March 2024 onward.」
The company uses the assumption that higher energy, raw material and logistics costs will continue for the time being from the fiscal year ending March 2024 onward when estimating the recoverability of deferred tax assets. - FY2022RestatedAnnual report
「Future cash flow estimates are calculated based on the business plan approved by the Board of Directors and, for periods beyond the period covered by the business plan, based on forecasts.」
The company discloses that significant accounting estimates are calculated based on the business plan approved by the Board of Directors and future forecasts. - FY2021First statedAnnual report
「The “Accounting Standard for Disclosure of Accounting Estimates” (ASBJ Statement No. 31, 31 March 2020) has been applied to the consolidated financial statements for the year-end of the current consolidated fiscal year, and notes on significant accounting estimates are included in the consolidated financial statements.」
The company applied the accounting standard on disclosure of accounting estimates to its consolidated financial statements at the fiscal year-end and began providing notes on significant estimates.