Accounting Estimates Incorporating the Impact of COVID-19
First written in FY2021-Q1. 4 of 9 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 5 of 23 companies on the "Worse" side.
- FY2025DroppedAnnual reportFor the current fiscal year, no separate disclosure was identified regarding accounting estimates based on assumptions about the impact of COVID-19 in the section on significant accounting estimates.
- FY2023-Q3RestatedAnnual report
「There have been no material changes in the assumptions concerning the impact of the spread of COVID-19 described under Significant Accounting Estimates in the annual securities report for the previous consolidated fiscal year.」
The Company reconfirmed that there has been no significant change from the previous fiscal year in the assumptions underlying the accounting estimates incorporating the impact of COVID-19. - FY2023-Q1RestatedAnnual report
「There have been no material changes in the assumptions concerning the impact of the spread of COVID-19 described under Significant Accounting Estimates in the annual securities report for the previous consolidated fiscal year.」
The Company reconfirmed that there has been no significant change from the previous fiscal year in the assumptions underlying the accounting estimates incorporating the impact of COVID-19. - FY2022Assumption of a gradual recovery from the following fiscal year onwardAnnual report
「Although it is difficult to forecast the future for the following consolidated fiscal year, the Group has made accounting estimates based on currently available information and on the assumption that, from the following consolidated fiscal year onward, the infectious disease will continue but the business will recover gradually.」
While maintaining the assumption that the impact of the infectious disease will continue, the Company incorporated into its accounting estimates the assumption of a gradual recovery from the following consolidated fiscal year onward. - FY2022-Q2RestatedAnnual report
「In addition to parts supply problems associated with the spread of COVID-19 in the ASEAN region, semiconductor shortages are having an impact and production has been disrupted. However, there has been no significant change in the assumptions regarding the impact of the spread of COVID-19 described in the section "Additional Information (Accounting Estimates Related to COVID-19)" of the securities report for the previous consolidated fiscal year.」
Although parts supply problems and production disruptions caused by the infectious disease continue, the Company reconfirmed that there has been no significant change in the previous fiscal year's assumptions used for accounting estimates. - FY2022-Q1RestatedAnnual report
「There has been no significant change in the assumptions regarding the impact of the spread of COVID-19 described in the section "Additional Information (Accounting Estimates Related to COVID-19)" of the securities report for the previous consolidated fiscal year.」
The Company explicitly stated that there has been no significant change from the previous fiscal year in the accounting estimates incorporating the impact of COVID-19. - FY2021-Q3Cautious stance while maintaining the recovery outlookAnnual report
「Regarding the impact of COVID-19, economic activity was significantly depressed and severely affected in the first quarter, including the suspension of operations at factories of Japanese automakers, the Group's major customers. Although a full-scale recovery has not been achieved since the second quarter, a gradual recovery is expected going forward. Meanwhile, given the impact of the renewed spread of infections, it is difficult to forecast the future, but the Group has made accounting estimates on the assumption, based on currently available information and other data, that the impact of the infectious disease may continue throughout the current consolidated fiscal year.」
The recovery outlook from the second quarter onward has been maintained, but the disclosures add that a full-scale recovery has not been achieved and that the renewed spread of infections makes forecasting difficult. Accounting estimates continue to be made on the assumption that the impact of the infectious disease may continue throughout the current consolidated fiscal year. - FY2021-Q2Recovery outlook reflected in accounting estimate assumptionsAnnual report
「Regarding the impact of COVID-19, economic activity slowed significantly in the first quarter, including the suspension of operations at factories of Japanese automakers, the Group's major customers, increasing uncertainty over the outlook. A recovery trend was observed from the second quarter onward, and a gradual recovery is expected from the second half onward. Under these conditions, although it is difficult to forecast the future, the Group has made accounting estimates on the assumption, based on currently available information and other data, that the impact of the infectious disease may continue throughout the current consolidated fiscal year.」
While indicating a sharp slowdown in the first quarter, a recovery trend from the second quarter onward and a gradual recovery outlook from the second half onward, the Company is making accounting estimates on the assumption that the impact of the infectious disease may continue throughout the current consolidated fiscal year. - FY2021-Q1First statedAnnual report
「Although it is difficult to forecast the future, the Group has made accounting estimates on the assumption, based on information and other data currently available, that the impact of the infectious disease may continue throughout the current consolidated fiscal year.」
The Company newly disclosed that it is making accounting estimates on the assumption that the impact of COVID-19 may continue throughout the current consolidated fiscal year. The impact, including factory shutdowns caused by the infectious disease, has already occurred, and the timing of its resolution is considered difficult to predict.