Accounting Estimates in Light of the Spread of COVID-19
First written in FY2020-Q2. 3 of 5 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2026: 5 of 22 companies on the "Worse" side.
65 other companies' latest entry also says "Dropped".
- FY2024DroppedAnnual reportThe accounting estimates disclosed in previous years based on the assumption of the spread of COVID-19 could not be identified in the FY2024 Annual Securities Report.
- FY2022RestatedAnnual report
「Although the impact of COVID-19, including continued restrictions on going out and refraining from banquets as measures against the disease, remained in certain service genres provided by the company, such as lock-opening services, the company prepared a plan based on the assumption that the impact would be limited as restrictions on activities were gradually eased and reflected this assumption in its accounting estimates.」
The company continues to make accounting estimates based on the assumption that the impact on certain genres will be limited as restrictions on activities are eased, while recognizing the impact of the pandemic on those genres. - FY2021RestatedAnnual report
「Although sales in certain genres, such as lock-opening services, were affected by reduced demand resulting from requests to refrain from going out and other measures accompanying the spread of COVID-19, the company assumed that demand would recover during the following fiscal year as the spread subsided and economic activity resumed, and that the impact would decline.」
The company continues to make accounting estimates based on an assumption of demand recovery during the following fiscal year while recognizing the decline in sales in certain genres. - FY2020-Q3RestatedAnnual report
「Regarding the impact of the spread of COVID-19, we have made reasonable estimates based on currently available information and certain assumptions. As a result, we determined that the impact on the condensed quarterly consolidated financial statements for the nine-month period ended in the third quarter of the current consolidated fiscal year was limited.」
The company continues to make accounting estimates regarding the spread of COVID-19 based on available information and certain assumptions. While it determined that the impact on the financial statements was limited, it stated that the impact on future business performance remained uncertain. - FY2020-Q2First statedAnnual report
「Regarding the impact of the spread of COVID-19, we have made reasonable estimates based on currently available information and certain assumptions. As a result, we determined that the impact on the condensed quarterly consolidated financial statements for the six-month period ended in the second quarter of the current consolidated fiscal year was limited.」
Regarding the spread of COVID-19, the company made accounting estimates based on available information and certain assumptions and determined that the impact on the financial statements for the six-month period ended in the second quarter of the current consolidated fiscal year was limited.