Recognition of a refund provision due to the cancellation of the Coming-of-Age Ceremony
First written in FY2021-Q3. 1 of 3 entries say "Restated". Latest entry: FY2025.
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- FY2025DroppedAnnual report
「With COVID-19 reclassified as a Category V infectious disease in 2023, restrictions on activities were lifted」
Regarding recognition of a provision for refunds due to the cancellation of coming-of-age ceremonies, the accounting policies and notes for the current fiscal year do not state that any new provision was recognized. - FY2022-Q1RestatedAnnual report
「Regarding accounting estimates relating to the spread of COVID-19, there were no significant changes to the assumptions described in the section on significant accounting estimates in the annual securities report for the previous consolidated fiscal year.」
The company reconfirmed that there had been no significant changes from the assumptions established in the previous fiscal year regarding accounting estimates based on the impact of the pandemic. - FY2021-Q3First statedAnnual report
「Beginning in the third quarter of the consolidated fiscal year, the company recognized a provision for refunds to prepare for refunds arising from the cancellation of coming-of-age ceremonies by local governments to prevent the spread of COVID-19.」
To prepare for refunds arising from the cancellation of coming-of-age ceremonies by local governments, the company recognized a provision for refunds from the third quarter of the consolidated fiscal year, increasing operating loss, ordinary loss and loss before income taxes and other adjustments for the quarter by ¥130.506 million each.