Assessment of fixed asset impairment and deferred tax asset recoverability incorporating the impact of COVID-19
First written in FY2021-Q1. 6 of 8 entries say "Restated". Latest entry: FY2023-Q3.
The whole theme swung hardest in 2026: 3 of 7 companies on the "Worse" side.
33 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「There have been no material changes to the assumptions described in the “Additional Information” section of the previous consolidated fiscal year's securities report, including assumptions regarding the future spread and eventual containment of COVID-19.」
The company reiterated that there had been no material changes in the accounting assumptions concerning the spread and containment of COVID-19. - FY2023-Q1RestatedAnnual report
「There have been no material changes to the assumptions described in the “Additional Information” section of the previous consolidated fiscal year's securities report, including assumptions regarding the future spread and eventual containment of COVID-19.」
The company reiterated that there had been no material changes in the accounting assumptions concerning the spread and containment of COVID-19. - FY2022-Q3RestatedAnnual report
「There have been no material changes to the assumptions described in the “Additional Information” section of the previous consolidated fiscal year's securities report, including assumptions regarding the future spread and eventual containment of COVID-19.」
The company reiterates that there have been no significant changes to the accounting assumptions concerning the spread of COVID-19 and when it would subside. - FY2022-Q2RestatedAnnual report
「There have been no material changes to the assumptions described in the “Additional Information” section of the previous consolidated fiscal year's securities report, including assumptions regarding the future spread and eventual containment of COVID-19.」
The company reiterates that there have been no significant changes to the accounting assumptions concerning the spread of COVID-19 and when it would subside. - FY2022-Q1RestatedAnnual report
「There have been no material changes to the assumptions described in the “Additional Information” section of the previous consolidated fiscal year's securities report, including assumptions regarding the future spread and eventual containment of COVID-19.」
The company stated that there had been no material changes from the previous consolidated fiscal year in the accounting assumptions concerning the spread and containment of COVID-19. - FY2021-Q3RestatedAnnual report
「The company has been affected by delays in purchases of graves and Buddhist altars, memorial services and sea burials as a result of requests to refrain from nonessential, nonurgent outings and events accompanying the spread of COVID-19. Although it is difficult to accurately predict when the COVID-19 pandemic will end, a gradual recovery is assumed going forward. Accordingly, accounting estimates, including the assessment of impairment of fixed assets and the recoverability of deferred tax assets for the nine months ended Q3, were made using forecast figures that incorporated this assumption.」
The company reiterated that purchases of graves and Buddhist altars, memorial services and delays in sea burials resulting from COVID-19, as well as the assumed recovery, had been reflected in its accounting estimates. - FY2021-Q2Specific impacts of COVID-19Annual report
「The company has been affected by delays in purchases of graves and Buddhist altars, memorial services and sea burials as a result of requests to refrain from nonessential, nonurgent outings and events accompanying the spread of COVID-19. Although it is difficult to accurately predict when the COVID-19 pandemic will end, a gradual recovery is assumed going forward. Accordingly, accounting estimates, including the assessment of impairment of fixed assets and the recoverability of deferred tax assets for the six months ended Q2, were made using forecast figures that incorporated this assumption.」
The company specified purchases of graves and Buddhist altars, memorial services and delays in sea burials as the areas affected by COVID-19, and reflected the same recovery assumption as in the previous quarter in its accounting estimates. - FY2021-Q1First statedAnnual report
「Although this situation is expected to continue to some extent through June, it is assumed to gradually recover as economic activity resumes. Accordingly, accounting estimates, including the assessment of impairment of fixed assets and the recoverability of deferred tax assets for the three months ended Q1, were made using forecast figures that incorporated this assumption.」
The company disclosed for the first time that the impact of the spread of COVID-19 on demand and economic activity, together with the assumed subsequent recovery, had been reflected in accounting estimates, including the impairment of fixed assets and the recoverability of deferred tax assets.