Accounting estimates based on recovery from the impact of COVID-19 in approximately six months
First written in FY2020. 3 of 4 entries say "Reframed", first in FY2021-Q2. Latest entry: FY2022.
- FY2022ReframedAnnual report
「Of the accounting estimates made in preparing the consolidated financial statements for the current consolidated fiscal year, none have been identified as posing a risk of having a material impact on the consolidated financial statements for the following consolidated fiscal year.」
The disclosure has shifted from accounting estimates based on recovery from COVID-19 in approximately six months and continued demand for PCR testing to a statement that no risks of a material impact on the following year's financial statements have been identified. - FY2021-Q3ReframedAnnual report
「After considering information available when preparing the quarterly consolidated financial statements, the Group made accounting estimates based on the assumption that there would be no sudden change in the economic environment and that demand for COVID-19 PCR testing would continue during the third-quarter consolidated accounting period.」
The assumptions underlying accounting estimates related to the impact of COVID-19 have become more specific, shifting from continued recovery in the second quarter to continued demand for PCR testing during the third-quarter accounting period. - FY2021-Q2ReframedAnnual report
「After considering information available when preparing the quarterly consolidated financial statements, the Group made accounting estimates based on the assumption that there would be no sudden change in the economic environment due to a state of emergency or other factors and that the recovery trend in the second-quarter consolidated accounting period would continue.」
For accounting estimates related to the impact of COVID-19, the Group presented the assumption that the recovery trend in the second-quarter accounting period would continue. - FY2020First statedAnnual report
「Although the impact of COVID-19 on the Group's businesses varies by business and region, the Group's accounting estimates for businesses affected by lower operating revenue and other factors are based on a recovery process that is expected to be largely complete in approximately six months.」
Accounting estimates, including impairment of fixed assets and the recoverability of deferred tax assets, are based on the assumption that affected businesses will largely recover in approximately six months.