Changes in Accounting Estimates Based on the Assumption That the Impact of COVID-19 Will Be Prolonged
First written in FY2021-Q3. 7 of 9 entries say "Restated". Latest entry: FY2024-Q3.
39 other companies' latest entry also says "Restated".
- FY2024-Q3RestatedAnnual report
「There have been no material changes to the assumptions regarding the impact of COVID-19 described under "Significant accounting estimates" in the securities report for the previous consolidated fiscal year.」
The company has reconfirmed that there have been no material changes from the previous fiscal year to the accounting assumptions regarding the impact of COVID-19. - FY2024-Q1RestatedAnnual report
「There have been no material changes to the assumptions regarding the impact of COVID-19 described under "Significant accounting estimates" in the securities report for the previous consolidated fiscal year.」
The company has reconfirmed that there have been no material changes from the previous fiscal year to the accounting assumptions regarding the impact of COVID-19. - FY2023RestatedAnnual report
「Future cash flows from the asset group are estimated using assumptions that, based on historical results, the number of residents, number of users, utilization rate, customer turnover and average customer spend will be forecast for each asset group, that the impact of COVID-19, which has continued for an extended period, will also trend toward containment, and that revenue will begin to recover.」
The accounting assumption that the impact of COVID-19 is trending toward containment and that revenue will recover remains in place. - FY2023-Q3RestatedAnnual report
「There have been no material changes to the assumptions, including those regarding the future spread and timing of containment of COVID-19, described under “Significant Accounting Estimates” in the annual securities report for the previous consolidated fiscal year.」
The accounting assumptions regarding the spread and timing of containment of COVID-19 are stated to have undergone no material changes from the previous fiscal year. - FY2023-Q1RestatedAnnual report
「There have been no material changes to the assumptions, including those regarding the future spread and timing of containment of COVID-19, described under “Significant Accounting Estimates” in the annual securities report for the previous consolidated fiscal year.」
The accounting assumptions regarding the spread and timing of containment of COVID-19 are stated to have undergone no material changes from the previous fiscal year. - FY2022-Q3RestatedAnnual report
「There have been no material changes to the assumptions, including those regarding the future spread and timing of containment of COVID-19, described under “Significant Accounting Estimates” in the annual securities report for the previous consolidated fiscal year.」
The accounting assumptions regarding the spread and timing of containment of COVID-19 are stated to have undergone no material changes from the previous fiscal year. - FY2022-Q1RestatedAnnual report
「There have been no material changes to the assumptions, including those regarding the future spread and timing of containment of COVID-19, described under “Significant Accounting Estimates” in the annual securities report for the previous consolidated fiscal year.」
The accounting assumptions regarding the spread and timing of containment of COVID-19 are stated to have undergone no material changes from the previous fiscal year. - FY2021Updated the accounting assumption for recoveryAnnual report
「We assume that the current stagnation in economic activity resulting from the spread of COVID-19 will recover over the medium term.」
The assumption that the impact would continue through the fiscal year ending March 2022, presented in the previous quarter, has been updated in this fiscal year's impairment estimates for fixed assets to state that the economy will recover over the medium term. - FY2021-Q3First statedAnnual report
「In light of the subsequent spread of COVID-19, we have changed our assumption to reflect that the recovery in consumer sentiment will require additional time and that the impact will continue for a certain period through the fiscal year ending March 2022.」
In light of the decline in revenue from the karaoke and food-service businesses, the accounting assumption regarding the timing of a recovery in consumer sentiment was changed from an outlook through the end of March 2021 to an assumption that the impact would continue through the fiscal year ending March 2022.