Accounting Estimates in Light of COVID-19
First written in FY2021-Q1. 8 of 11 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 5 of 22 companies on the "Worse" side.
- FY2026ReframedAnnual report
「Although the outlook remains uncertain, with concerns over rising prices driven by unstable international conditions and surging energy and raw material prices, the company has accounted for fixed-asset impairment on the basis that these factors will not have a material impact on its estimates.」
The focus of the accounting estimates has shifted from COVID-19 to estimates for fixed-asset impairment and other items based on unstable international conditions, surging energy and raw material prices, and rising prices. - FY2024-Q3RestatedAnnual report
「There have been no material changes to the accounting estimates and the assumptions used in those estimates described in the securities report for the previous fiscal year, including the impact of the situation in Ukraine and other factors on raw material and energy costs.」
The company states that there have been no material changes to the accounting estimates or assumptions, including the impact of the situation in Ukraine and other factors on raw material and energy costs. - FY2024-Q2RestatedAnnual report
「There have been no material changes to the accounting estimates and the assumptions used in those estimates described in the securities report for the previous fiscal year, including the impact of the situation in Ukraine and other factors on raw material and energy costs.」
The company states that there have been no material changes to the accounting estimates or assumptions, including the impact of the situation in Ukraine and other factors on raw material and energy costs. - FY2024-Q1RestatedAnnual report
「There have been no material changes to the accounting estimates and the assumptions used in those estimates described in the securities report for the previous fiscal year, including the impact of the situation in Ukraine and other factors on raw material and energy costs.」
The company states that there have been no material changes to the accounting estimates or assumptions, including the impact of the situation in Ukraine and other factors on raw material and energy costs. - FY2023-Q2RestatedAnnual report
「There have been no material changes to the accounting estimates and the assumptions used in those estimates described in the securities report for the previous fiscal year, including the impact of the situation in Ukraine and other factors on raw material and energy costs and the impact of COVID-19 and other factors.」
The company states that there have been no material changes to the accounting estimates or assumptions, including the impact of the situation in Ukraine on raw material and energy costs and the impact of COVID-19. - FY2023-Q1RestatedAnnual report
「There have been no material changes to the accounting estimates and the assumptions used in those estimates described in the securities report for the previous fiscal year, including the impact of the situation in Ukraine and other factors on raw material and energy costs and the impact of COVID-19 and other factors.」
The company states that there have been no material changes to the accounting estimates or assumptions, including the impact of the situation in Ukraine on raw material and energy costs and the impact of COVID-19. - FY2022Conservative estimates reflecting the situation in Ukraine and other factorsAnnual report
「The future cash flows for the next consolidated fiscal year are currently estimated conservatively, including the impact of the situation in Ukraine and other factors on raw material and energy costs, as well as the impact of COVID-19 and other factors. However, impairment charges may become necessary if factors arise that have a significant impact on the performance or financial position of the Group.」
The company has included the impact of COVID-19 and the situation in Ukraine on raw material and energy costs in its accounting estimates and is estimating future cash flows conservatively. - FY2022-Q1RestatedAnnual report
「There have been no material changes to the accounting estimates and the assumptions used in those estimates described in the securities report for the previous fiscal year, including changes resulting from the spread of COVID-19.」
The company states that there have been no material changes to the accounting estimates or their underlying assumptions, including the impact of COVID-19. - FY2021RestatedAnnual report
「Although a state of emergency has been declared and the timing of the containment of COVID-19 remains uncertain, we assume that its impact on the group's business activities will continue for a certain period. However, we have prepared the accounts on the basis that it will have no material impact on estimates of impairment of fixed assets.」
While assuming that the impact of the infection will continue for a certain period, the company continues to account for impairment of fixed assets and deferred tax assets on the basis that there will be no material impact on the relevant estimates. - FY2021-Q3RestatedAnnual report
「Although a state of emergency has been reissued, the timing of the containment of COVID-19 remains uncertain, and we assume that its impact on the group's business activities will continue during the current consolidated fiscal year. However, we have prepared the accounts on the basis that it will have no material impact on accounting estimates, including the recoverability of deferred tax assets and impairment of fixed assets.」
Even under the reissuance of a state of emergency, the company continues to assume that the impact of the infection will persist through the fiscal year while maintaining its accounting estimates that there will be no material impact on the recoverability of deferred tax assets or impairment of fixed assets. - FY2021-Q1First statedAnnual report
「Although the timing of the containment of COVID-19 remains uncertain and we assume that its impact on the group's business activities will continue during the current consolidated fiscal year, we have prepared the accounts on the basis that it will have no material impact on accounting estimates, including the recoverability of deferred tax assets and impairment of fixed assets.」
While assuming that the impact of COVID-19 will continue during the current consolidated fiscal year, the company has accounted for the recoverability of deferred tax assets and impairment of fixed assets on the basis that there is no material impact on accounting estimates.