Uncertainty in Accounting Estimates Regarding the Timing of the COVID-19 Pandemic's Resolution
First written in FY2020-Q3. 1 of 4 entries say "Restated". Latest entry: FY2022-Q1.
The whole theme swung hardest in 2023: 3 of 36 companies on the "Worse" side.
39 other companies' latest entry also says "Restated".
- FY2022-Q1RestatedAnnual report
「There have been no material changes to the assumptions described in the “Additional Information” section of the previous consolidated fiscal year's securities report, including assumptions regarding the future spread and eventual containment of COVID-19.」
The company reconfirmed that there had been no material changes to the accounting assumptions concerning the spread of COVID-19 or the timing of its containment. - FY2021Updated assumptions underlying estimates of the impact of COVID-19Annual report
「Although the spread of COVID-19 is an event with a broad impact on economic activity and it is difficult to reasonably forecast the timing of its containment or the extent of its impact, the company assumes, based on information available at this time, that the impact on the provision of staffing services, mainly in tourism and sports, in the outsourcing and staffing business segments will continue for a certain period, although it will gradually diminish from the fiscal year ending August 2022 onward.」
The accounting assumptions underlying estimates of the impact of COVID-19 were updated to state that the impact would gradually diminish from the fiscal year ending August 2022 onward but continue for a certain period. - FY2020Specific assumptions regarding the duration of the impact of COVID-19Annual report
「Based on information available at this time, the company assumes that the impact will continue for at least the year through August 2021 and will gradually diminish from the fiscal year ending August 2022 onward.」
The company presented an accounting assumption that the impact of COVID-19 would continue through the fiscal year ending August 2021 and gradually diminish from the fiscal year ending August 2022 onward. - FY2020-Q3First statedAnnual report
「Because there is considerable uncertainty in estimates concerning the spread of COVID-19 and the timing of its containment, actual results may differ from these estimates.」
Uncertainty in estimates concerning the spread of COVID-19 and the timing of its containment was described for the first time as a risk related to accounting estimates, including impairment.