Accounting Estimates Based on the Assumption That the Impact of COVID-19 Will Continue
First written in FY2020-Q3. 7 of 13 entries say "Restated". Latest entry: FY2024-Q3.
The whole theme swung hardest in 2026: 3 of 7 companies on the "Worse" side.
12 other companies' latest entry also says "Dropped".
- FY2024-Q3DroppedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The individual description concerning accounting estimates based on the assumed period of the impact of COVID-19 on business performance cannot be found in this filing, although it had been included previously. - FY2023-Q3RestatedAnnual report
「In making accounting estimates, including impairment accounting for fixed assets in the sports facility operations business, the Group assumes, based on information available when preparing the quarterly consolidated financial statements, that the impact of COVID-19 on business performance will continue through the end of the current consolidated fiscal year. This assumption is unchanged from the previous consolidated fiscal year.」
The Group maintains the accounting assumption that the impact of COVID-19 on business performance will continue through the end of the current consolidated fiscal year, with no change from the previous consolidated fiscal year. - FY2023-Q2RestatedAnnual report
「In making accounting estimates, including impairment accounting for fixed assets in the sports facility operations business, the Group assumes, based on information available when preparing the quarterly consolidated financial statements, that the impact of COVID-19 on business performance will continue through the end of the current consolidated fiscal year. This assumption is unchanged from the previous consolidated fiscal year.」
The Group maintains the accounting assumption that the impact of COVID-19 on business performance will continue through the end of the current consolidated fiscal year, with no change from the previous consolidated fiscal year. - FY2023-Q1RestatedAnnual report
「In making accounting estimates, including impairment accounting for fixed assets in the sports facility operations business, the Group assumes, based on information available when preparing the quarterly consolidated financial statements, that the impact of COVID-19 on business performance will continue through the end of the current consolidated fiscal year. This assumption is unchanged from the previous consolidated fiscal year.」
The Group maintains the assumption that the impact of COVID-19 on business performance will continue through the end of the current consolidated fiscal year and has disclosed that there is no change from the previous consolidated fiscal year. - FY2022MaterialisedAnnual report
「For certain assets, the Group could no longer expect the earnings initially anticipated, and the total undiscounted future cash flows fell below the carrying amount. Accordingly, the carrying amount was reduced to the recoverable amount, and the decrease was recorded as an impairment loss under extraordinary losses.」
The delay in the recovery of membership and earnings caused by COVID-19 resulted in an actual impairment of fixed assets, and an impairment loss of ¥17.121 million was recorded in the sports facility operations business. - FY2022-Q3WorsenedAnnual report
「In making accounting estimates, including impairment accounting for fixed assets in the sports facility operations business, the Group determined, based on information available when preparing the quarterly consolidated financial statements, that the impact of COVID-19 on business performance would last longer than assumed in the second quarter and assumes that it will continue through the fiscal year ending July 2023.」
The assumed period of the impact of COVID-19 on business performance has been extended from the fiscal year ending July 2022 to the fiscal year ending July 2023. - FY2022-Q2RestatedAnnual report
「In making accounting estimates, including impairment accounting for fixed assets in the sports facility operations business, the Group assumes, based on information available when preparing the quarterly consolidated financial statements, that the impact of COVID-19 on business performance will continue through the fiscal year ending July 2022. This assumption is unchanged from the previous fiscal year.」
The Group maintains the accounting assumption that the impact of COVID-19 on business performance will continue through the fiscal year ending July 2022, with no change from the previous fiscal year. - FY2022-Q1RestatedAnnual report
「In making accounting estimates, including impairment accounting for fixed assets in the sports facility operations business, the Group assumes, based on information available when preparing the quarterly consolidated financial statements, that the impact of COVID-19 on business performance will continue through the fiscal year ending July 2022. This assumption is unchanged from the previous fiscal year.」
The Group maintains the accounting assumption that the impact of COVID-19 on business performance will continue through the fiscal year ending July 2022, with no change from the previous fiscal year. - FY2021RestatedAnnual report
「In making accounting estimates, including impairment accounting for fixed assets in the sports facility operations business, the Group assumes, based on information available when preparing the consolidated financial statements, that the impact of COVID-19 on business performance will continue through the fiscal year ending July 2022.」
The Group maintains the accounting assumption that the impact of COVID-19 on business performance will continue through the fiscal year ending July 2022. - FY2021-Q2WorsenedAnnual report
「The Group determined that the impact of COVID-19 on business performance would last longer than assumed in the first quarter and is making accounting estimates based on the assumption that the impact will continue through the fiscal year ending July 2022.」
The assumed period of the impact of COVID-19 on business performance has been extended from the fiscal year ending July 2021 to the fiscal year ending July 2022. - FY2021-Q1RestatedAnnual report
「In making accounting estimates, including impairment accounting for fixed assets in the sports facility operations business, the Group assumes, based on information available when preparing the quarterly consolidated financial statements, that the impact of COVID-19 on revenue will continue through the fiscal year ending July 2021.」
The Group continues to use the accounting assumption that the impact of COVID-19 on revenue will continue through the fiscal year ending July 2021, with no change from the previous fiscal year. - FY2020WorsenedAnnual report
「In making accounting estimates, including impairment accounting for fixed assets in the sports facility operations business, the Group assumes, based on information available when preparing the consolidated financial statements, that the impact of COVID-19 on revenue will continue through the fiscal year ending July 2021.」
The Group assumes that the impact of COVID-19 on revenue will continue through the fiscal year ending July 2021 and reflects this assumption in accounting estimates for impairment and other matters in the sports facility operations business. - FY2020-Q3First statedAnnual report
「In making accounting estimates, including impairment accounting for fixed assets in the sports facility operations business, the Group assumes, based on information available when preparing the financial statements, that the impact of COVID-19 on revenue will continue for approximately one year.」
For impairment accounting and other matters related to fixed assets in the sports facility operations business, the Group uses the accounting estimate that the impact of COVID-19 on revenue will continue for approximately one year.