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Maruyama Mfg.Co. (6316) · PolicyRestated

Accounting Estimates Based on the Assumption That the Impact of COVID-19 Is Immaterial

First written in FY2020-Q3. 7 of 9 entries say "Restated". Latest entry: FY2022-Q3.

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ProgressHeldSoftenedWorseFirst statedFY2020-Q3RestatedFY2021-Q1 – FY2022-Q32020: 220202021: 420212022: 32022
Same theme, other companies
Accounting Estimates Based on COVID-19 AssumptionsA theme 591 companies write about · 464 as a headwind · 0 as a tailwind

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Showing 14 of the 200 companies compared. The sentences above are computed from all 200.Comparing 200 of the theme's 594 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2022-Q3RestatedAnnual report

    「During the cumulative third quarter of the current fiscal year, no material changes were made to the assumptions, including those concerning the impact of COVID-19, or to the accounting estimates described in the additional information to the previous fiscal year's securities report.」

    No material changes have been made to the accounting assumptions and estimates treating the infection's impact as immaterial.
  2. FY2022-Q2RestatedAnnual report

    「During the cumulative second quarter of the current fiscal year, no material changes were made to the assumptions, including those concerning the impact of COVID-19, or to the accounting estimates described in the additional information to the previous fiscal year's securities report.」

    No material changes have been made to the accounting assumptions and estimates treating the infection's impact as immaterial.
  3. FY2022-Q1RestatedAnnual report

    「Although priority preventive measures to prevent the spread of disease were applied in Tokyo and other areas on 21 January 2022 in response to COVID-19, no material changes have been made to the assumptions, including those concerning the impact of COVID-19, or to the accounting estimates described in the additional information to the previous fiscal year's securities report, based on the expectation that the impact of the infection on the Group's business would be immaterial.」

    Even after priority preventive measures to prevent the spread of disease were applied, no material changes have been made to the assumptions and accounting estimates treating the infection's impact on the business as immaterial.
  4. FY2021RestatedAnnual report

    「As the impact of COVID-19 on the Group's business is currently limited, accounting estimates have been made based on the assumption that its impact on the Group's business would be immaterial.」

    Accounting estimates continue to be made based on the assumption that the impact of the infection would be immaterial.
  5. FY2021-Q3RestatedAnnual report

    「Although a state of emergency was declared on 8 July 2021 in response to COVID-19, no material changes have been made to the assumptions, including those concerning the impact of COVID-19, or to the accounting estimates described in the additional information to the previous fiscal year's securities report, based on the expectation that the impact of the infection on the Group's business would be immaterial.」

    Even after the state of emergency was declared, no material changes have been made to the assumptions and accounting estimates treating the infection's impact on the business as immaterial.
  6. FY2021-Q2RestatedAnnual report

    「Although a state of emergency was declared on 23 April 2021 in response to COVID-19, no material changes have been made to the assumptions, including those concerning the impact of COVID-19, or to the accounting estimates described in the additional information to the previous fiscal year's securities report, based on the expectation that the impact of the infection on the Group's business would be immaterial.」

    Even after the state of emergency was declared, no material changes have been made to the assumptions and accounting estimates from the previous fiscal year, which treated the infection's impact on the business as immaterial.
  7. FY2021-Q1RestatedAnnual report

    「Although a state of emergency was declared on 7 January 2021 in response to COVID-19, no material changes have been made to the assumptions, including those concerning the impact of COVID-19, or to the accounting estimates described in the additional information to the previous fiscal year's securities report, based on the expectation that the impact of the infection on the Group's business would be immaterial.」

    Even after the state of emergency was declared, no material changes have been made to the assumptions and accounting estimates from the previous fiscal year, which treated the infection's impact on the business as immaterial.
  8. FY2020ReframedAnnual report

    「Although the Group's business has experienced a considerable decline in revenue due to restrictions on sales activities and the cancellation of trade shows aimed at preventing the spread of COVID-19, it continues to conduct sales activities with infection-control measures in place, and production is continuing without any particular disruption to the supply chain. In addition, revenue is expected to increase in the environmental hygiene field and through subsidy-funded projects. Accordingly, accounting estimates have been made based on the assumption that the Group's business would recover from the following fiscal year onward, and its impact on the Group's business is expected to be immaterial.」

    While acknowledging the decline in revenue caused by the infection, the description was expanded to assume a recovery from the following fiscal year onward, based on infection-control measures, continued production, and expected growth in the environmental hygiene and subsidy-funded businesses.
  9. FY2020-Q3First statedAnnual report

    「Although it is difficult to accurately predict how COVID-19 will spread or when it will subside, the impact of the infection on the Group's business is currently limited. Accordingly, accounting estimates have been made based on the assumption that its impact on the Group's business would be immaterial.」

    Although it was considered difficult to predict how the infection would spread or when it would subside, accounting estimates were made based on the assumption that its impact on the business would be immaterial at present.
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