Reflection in accounting estimates in light of the spread of a novel infectious disease
First written in FY2021-Q2. 2 of 4 entries say "Restated". Latest entry: FY2023.
Alpico Holdings moved to the "Worse" side of this theme in 2023, the same year as the typical company in this theme.
The whole theme swung hardest in 2026: 3 of 7 companies on the "Worse" side.
6 other companies' latest entry also says "Reframed".
- FY2023ReframedAnnual report
「The impact of COVID-19 is moving toward an end. In the tourism business, which was particularly heavily affected by the disease, the company has based its estimates on the assumption that customer demand will return to pre-pandemic levels after the outbreak ends.」
The assumption for the tourism business has changed from the previous fiscal year assumption that demand would not return to pre-pandemic levels even after the outbreak ended to the assumption that demand would return to pre-pandemic levels after the outbreak ends. - FY2022RestatedAnnual report
「The timing of the end of the impact of COVID-19 remains difficult to predict accurately. In the transportation and leisure and services businesses, which were particularly heavily affected by the disease, the company has based its estimates on the assumption that customer demand will not return to pre-pandemic levels even after the outbreak ends.」
The company continues to reflect the prolonged impact of the infectious disease and uncertainty over demand recovery in accounting estimates, including impairment assessments. - FY2021-Q3RestatedAnnual report
「For the nine months ended the third quarter of the current consolidated fiscal year, the company reflected actual results for the period in its accounting estimates related to the spread of COVID-19, including judgments regarding the recoverability of deferred tax assets and impairment loss assessments.」
Actual results for the nine months ended the third quarter reflecting the impact of the infectious disease were reflected in accounting estimates, including the recoverability of deferred tax assets and impairment loss assessments. - FY2021-Q2First statedAnnual report
「For the six months ended the second quarter of the current consolidated fiscal year, the company reflected actual results for the period in its accounting estimates related to the spread of COVID-19, including judgments regarding the recoverability of deferred tax assets and impairment loss assessments.」
The company has newly disclosed that actual results for the six months ended the second quarter for the novel infectious disease were reflected in accounting estimates, including the recoverability of deferred tax assets and impairment loss assessments.