Accounting Estimates Incorporating the Impact of COVID-19
First written in FY2020-Q3. 9 of 11 entries say "Reframed", first in FY2021-Q1. Latest entry: FY2025.
The whole theme swung hardest in 2026: 5 of 22 companies on the "Worse" side.
- FY2025DroppedAnnual reportThe filing’s critical accounting estimates do not include any accounting estimates based on assumptions concerning COVID-19.
- FY2023-Q1ReframedAnnual report
「Although the impact of the spread of COVID-19 was expected to continue after January 2023, we assumed a gradual recovery and made accounting estimates, including the recoverability of deferred tax assets. The impact of the spread of COVID-19 contains many uncertainties, and if circumstances differ from the above assumptions, it may affect our group’s financial condition and operating results.」
The timing of the accounting assumption that the impact of the infection would continue but gradually recover was updated from after October 2022 to after January 2023. A caveat was also added that there are many uncertainties. - FY2022ReframedAnnual report
「Although we assume that the impact of the spread of COVID-19 will continue after October 2022 but gradually recover, the impact of the spread of COVID-19 contains many uncertainties and may affect our group’s financial condition and operating results.」
The assumed timing for the accounting and business impact of the infection was updated from after July 2022 to after October 2022, based on the assumption that the impact would continue but gradually recover. - FY2022-Q3ReframedAnnual report
「The spread of COVID-19 has already had some impact on the current performance of the businesses operated by our group. Although the impact of the spread of COVID-19 was expected to continue after July 2022, we assumed a gradual recovery and made accounting estimates, including the recoverability of deferred tax assets.」
The time horizon for the accounting assumption concerning the impact of the infection was updated based on the assumption that the impact would continue after July 2022 but gradually recover. - FY2022-Q2ReframedAnnual report
「The spread of COVID-19 has already had some impact on the current performance of the businesses operated by our group. Although the impact of the spread of COVID-19 was expected to continue after April 2022, we assumed a gradual recovery and made accounting estimates, including the recoverability of deferred tax assets.」
The time horizon for accounting estimates concerning the impact of the infection was updated from after January 2022 to after April 2022, and the company stated the assumption that the impact would continue but gradually recover. - FY2022-Q1ReframedAnnual report
「The spread of COVID-19 has already had some impact on the current performance of the businesses operated by our group. Although the impact of the spread of COVID-19 was expected to continue after January 2022, we assumed a gradual recovery and made accounting estimates, including the recoverability of deferred tax assets.」
The time horizon for accounting estimates was updated based on the assumption that the impact of COVID-19 would continue after January 2022 but gradually recover. Some impact on current performance was also disclosed. - FY2021ReframedAnnual report
「Although we assume that the impact of the spread of COVID-19 will continue after October 2021 but gradually recover, the impact of the spread of COVID-19 contains many uncertainties and may affect our group’s financial condition and operating results.」
The accounting and business assumptions concerning the impact of the infection were updated to a time horizon in which the impact would continue after October 2021 while gradually recovering. - FY2021-Q3ReframedAnnual report
「We assumed that the impact of the spread of COVID-19 would continue after July 2021 and made accounting estimates, including the recoverability of deferred tax assets.」
The time horizon for accounting estimates was updated based on the assumption that the impact of the infection would continue after July 2021. - FY2021-Q2ReframedAnnual report
「Although the impact of the spread of COVID-19 was expected to continue after April 2021, we assumed a gradual recovery and made accounting estimates, including the recoverability of deferred tax assets.」
The time horizon for accounting estimates was updated based on the assumption that the impact of the infection would continue after April 2021 but gradually recover. - FY2021-Q1ReframedAnnual report
「Although the impact of the spread of COVID-19 was expected to continue after January 2021, we assumed a gradual recovery and made accounting estimates, including the recoverability of deferred tax assets.」
The time horizon for accounting estimates was updated based on the assumption that the impact of the infection would continue after January 2021 but gradually recover. - FY2020-Q3First statedAnnual report
「Although the impact of the spread of COVID-19 was expected to continue after July 2020, we assumed a gradual recovery and made accounting estimates, including the recoverability of deferred tax assets.」
Based on the assumption that the impact of the infection would continue after July 2020 but gradually recover, the company estimated the recoverability of deferred tax assets and other items.