Estimates of Deferred Tax Assets and Fixed Asset Impairment in Light of COVID-19
First written in FY2020. 1 of 4 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 3 of 7 companies on the "Worse" side.
12 other companies' latest entry also says "Dropped".
- FY2025DroppedAnnual reportThe current fiscal year's significant accounting estimates and additional information contain no discussion of estimates for deferred tax assets or impairment of fixed assets based on assumptions concerning COVID-19.
- FY2021ReframedAnnual report
「Based on the assumption that the impact of COVID-19 would continue for a certain period during the fiscal year ending March 2022, accounting estimates were made for the recoverability of deferred tax assets and impairment accounting for fixed assets and other matters in the fiscal year ending March 2021. At this time, the impact on the accounting estimates is considered immaterial.」
The time horizon for the assumption was updated from the previous year's assumption that the impact would continue for a certain period during the fiscal year ending March 2021 to one that it would continue into the fiscal year ending March 2022, and the impact on the estimates was assessed as immaterial. - FY2021-Q2RestatedAnnual report
「There have been no significant changes to the assumptions described in the notes to the previous fiscal year's securities report under “Additional Information,” including assumptions concerning the future spread and timing of the containment of COVID-19.」
It was stated that there had been no significant changes since the end of the previous fiscal year in accounting estimates, including the recoverability of deferred tax assets, based on assumptions concerning the impact of COVID-19. - FY2020First statedAnnual report
「Based on the assumption that the impact of COVID-19 would continue for a certain period during the fiscal year ending March 2021, accounting estimates were made for the recoverability of deferred tax assets and impairment accounting for fixed assets and other matters in the fiscal year ended March 2020.」
It was disclosed for the first time that the assumption that COVID-19 would continue for a certain period during the fiscal year ending March 2021 had been reflected in accounting estimates for the recoverability of deferred tax assets and impairment of fixed assets.