Accounting Estimate Assumptions Regarding the Impact of COVID-19
First written in FY2021-Q3. 5 of 9 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2026: 5 of 22 companies on the "Worse" side.
- FY2024DroppedAnnual reportThis Securities Report does not explicitly state the accounting estimate assumptions concerning the impact of COVID-19.
- FY2023SoftenedAnnual report
「For the Group, excluding the overseas business, the accounting treatment is based on the assumption that the impact of COVID-19 was immaterial in the fiscal year ending November 2023 and would not have a material impact in the fiscal year ending November 2024.」
The company has made the accounting assumption that, excluding the overseas business, the impact of the infection was immaterial in the fiscal year ending November 2023 and will not have a material impact in the fiscal year ending November 2024. - FY2023-Q3RestatedAnnual report
「There have been no material changes to the assumptions concerning accounting estimates related to the impact of COVID-19 described in the securities report for the previous consolidated fiscal year.」
The company states that there have been no material changes to the accounting estimates and assumptions concerning the impact of COVID-19. - FY2023-Q2RestatedAnnual report
「There have been no material changes to the assumptions concerning accounting estimates related to the impact of COVID-19 described in the securities report for the previous consolidated fiscal year.」
The company continues to disclose that there have been no material changes in the accounting estimates and assumptions concerning the impact of COVID-19. - FY2023-Q1RestatedAnnual report
「There have been no material changes to the assumptions concerning accounting estimates related to the impact of COVID-19 described in the securities report for the previous consolidated fiscal year.」
The Company continues to disclose that there have been no material changes in the accounting estimates and assumptions concerning the impact of COVID-19. - FY2022-Q3RestatedAnnual report
「As no new major factors causing significant fluctuations in performance have arisen in the housing equipment-related industry connected to our Group, there have been no material changes to the accounting estimates or assumptions concerning the impact of COVID-19. However, depending on future developments in COVID-19, material changes may arise in those accounting estimates and assumptions.」
There have been no material changes to the accounting estimates and assumptions relating to COVID-19, although the Company states that they may change depending on future developments. - FY2022-Q1RestatedAnnual report
「As no new major factors causing significant fluctuations in performance have arisen in the housing equipment-related industry connected to our Group, there have been no material changes to the accounting estimates or assumptions concerning the impact of COVID-19. However, depending on future developments in COVID-19, material changes may arise in those accounting estimates and assumptions.」
There have been no material changes to the accounting estimates and assumptions relating to COVID-19, although the Company states that they may change depending on future developments. - FY2021Recognition of impairment losses in the overseas business and continued estimatesAnnual report
「In the overseas business, sales and profit declined substantially from the previous consolidated fiscal year because of the significant impact of lockdowns in Vietnam caused by COVID-19 during the latter half of the current consolidated fiscal year. As the Company expects uncertainty to continue, its consolidated subsidiary VINA ASAHI CO.,LTD. recorded an impairment loss on property, plant and equipment.」
The company continues to make accounting estimates relating to the impact of COVID-19 and has recognized an impairment loss on VINA ASAHI's fixed assets in response to deterioration in its overseas business. - FY2021-Q3First statedAnnual report
「In light of the status of COVID-19 infections through the end of the cumulative third quarter of the current consolidated fiscal year, the company considered whether the assumptions underlying the accounting estimates described in the previous fiscal year's securities report under Additional Information (Accounting Estimates Relating to the Impact of COVID-19) needed to be changed. As no major new factor causing significant fluctuations in business performance had arisen in the housing equipment-related industry relevant to the group, the company determined that there were no material changes to the accounting estimates or assumptions relating to the impact of COVID-19. However, depending on future developments in COVID-19, material changes may arise in those accounting estimates and the related assumptions.」
While stating that there have been no significant changes in the accounting estimates and assumptions concerning the impact of COVID-19, the Company has disclosed that significant changes may arise depending on future infection trends.