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Tokyo Base (3415) · PolicyReframed

Accounting estimates based on assumptions regarding the impact of COVID-19

First written in FY2021-Q1. 7 of 11 entries say "Reframed", first in FY2022-Q1. Latest entry: FY2024-Q2.

11entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2021-Q1 – FY2021-Q3RestatedFY2022-Q2 – FY2022-Q3ReframedFY2022 – FY2024-Q22020: 120202021: 320212022: 420222023: 32023
Same theme, other companies
Accounting Estimates Based on Assumptions Regarding the Spread of COVID-19A theme 601 companies write about · 470 as a headwind · 0 as a tailwind

Tokyo Base moved to the "Worse" side of this theme in 2023, 1 year after the typical company in this theme (2022).

The whole theme swung hardest in 2026: 5 of 22 companies on the "Worse" side.

8 other companies' latest entry also says "Reframed".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 200 companies compared. The sentences above are computed from all 200.Comparing 200 of the theme's 604 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2024-Q2ReframedAnnual report

    「Regarding the impact of COVID-19, the company estimates based on the assumption that the impact will continue after August 2023, while sales will recover to a certain extent.」

    We updated the period covered by the accounting estimates for the continuing impact of COVID-19 to August 2023 onward, based on the assumption that sales would recover to a certain extent.
  2. FY2024-Q1ReframedAnnual report

    「Regarding the impact of COVID-19, we made estimates based on the assumption that its impact would continue from May 2023 onward, while sales would recover to a certain extent.」

    We updated the assumption to reflect that sales would recover to a certain extent from May 2023 onward while the impact of COVID-19 continued. The transition to Category 5 under Japan's infectious disease classification and the lifting of China's zero-COVID policy were also reflected in the estimates.
  3. FY2023ReframedAnnual report

    「Regarding the impact of COVID-19, we made estimates based on the assumption that its impact would continue from the fiscal year ending January 2024 onward, while sales would recover to a certain extent.」

    We updated the period covered by the accounting estimates for the continuing impact of COVID-19 to the fiscal year ending January 2024 onward and changed the assumption to reflect both the continuing impact and a recovery in sales.
  4. FY2023-Q3ReframedAnnual report

    「In light of these circumstances, although we expect customers' willingness to purchase to gradually recover, it remains difficult to foresee when COVID-19 will be brought under control. We therefore made accounting estimates based on the assumption that the impact of its spread would continue from November 2022 onward.」

    We updated the period covered by the accounting estimates for the continuing impact of COVID-19 to November 2022 onward.
  5. FY2023-Q2ReframedAnnual report

    「As it remains difficult to foresee when COVID-19 will be brought under control, we made accounting estimates based on the assumption that the impact of its spread would continue from August 2022 onward.」

    We updated the period covered by the accounting estimates for the continuing impact of COVID-19 from the previous assumption of the fiscal year ending January 2022 onward to August 2022 onward.
  6. FY2022ReframedAnnual report

    「Regarding the impact of COVID-19, we made estimates based on the assumption that its impact would continue from the fiscal year ending January 2023 onward, while sales would recover to a certain extent.」

    We carried forward the accounting assumption that the impact of COVID-19 would continue into estimates for the fiscal year ending January 2023 onward.
  7. FY2022-Q3RestatedAnnual report

    「As it remains difficult to foresee when COVID-19 will be brought under control, we made accounting estimates based on the assumption that the impact of its spread would continue from the fiscal year ending January 2022 onward.」

    We continue to use the accounting-estimate assumption that the impact of COVID-19 will continue from the fiscal year ending January 2022 onward.
  8. FY2022-Q2RestatedAnnual report

    「As it remains difficult to foresee when COVID-19 will be brought under control, we made accounting estimates based on the assumption that the impact of its spread would continue from the fiscal year ending January 2022 onward.」

    We continued the accounting-estimate assumptions from the previous quarter, based on the assumption that the impact of COVID-19 would continue from the fiscal year ending January 2022 onward.
  9. FY2022-Q1ReframedAnnual report

    「As it remains difficult to foresee when COVID-19 will be brought under control, we made accounting estimates based on the assumption that the impact of its spread would continue from the fiscal year ending January 2022 onward.」

    We continued making accounting estimates based on the assumption that the impact of COVID-19 would continue from the fiscal year ending January 2022 onward, following the change in the fiscal year-end.
  10. FY2021-Q3Change in the assumption regarding the duration of the impact of COVID-19Annual report

    「Although we expect customers' willingness to purchase to gradually recover, it remains difficult to foresee when COVID-19 will be brought under control. We therefore made accounting estimates based on the assumption that the impact of the spread of COVID-19 would continue from the fiscal year ending February 2022 onward.」

    We changed the assumption to reflect that the impact of COVID-19 would continue from the fiscal year ending February 2022 onward, incorporating the difficulty of forecasting when the pandemic would end into our accounting estimates.
  11. FY2021-Q1First statedAnnual report

    「Although sales have been recovering since stores resumed operations in June, we made accounting estimates based on the assumption that the impact of COVID-19 would continue through the second half of the current fiscal year. If the spread of COVID-19 again necessitates widespread store closures, losses may arise in the future.」

    Taking into account the recovery trend after stores resumed operations, we made accounting estimates based on the assumption that the impact of COVID-19 would continue through the second half, and disclosed the possibility of future losses if stores closed again.
Moved together

"Interest Rate Fluctuations on Borrowings and Financing and Liquidity Risks" moved the same way as this thread, in the same document, in 5 of its 11 moves.

544333★123456
  1. ★This thread
  2. 1Interest Rate Fluctuations on Borrowings and Financing and Liquidity Risks5×
  3. 2Decline in profitability due to inventory valuation losses and slow-moving legacy products4×
  4. 3Risks from Changes in Trends and Consumer Preferences and Intensifying Competition4×
  5. 4High Growth Driven by Store and Business-Format Expansion3×
  6. 5Capturing demand from foreign visitors to Japan3×
  7. 6Sustainable Growth and Profitability with Operating Profit as a Management Metric3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Tokyo Base yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Accounting estimates based on assumptions regarding the impact of COVID-19 | TOKYO BASE Co.,Ltd. (3415) | Komori