Accounting Estimates Affected by Changes in Assumptions About the Timing of the COVID-19 Pandemic's Resolution
First written in FY2021-Q3. 1 of 2 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2026: 5 of 23 companies on the "Worse" side.
- FY2021RestatedAnnual report
「The Company is making estimates, including estimates of taxable income, on the assumption that the impact of COVID-19 will subside and conditions will normalize at a certain point during the fiscal year ending March 2022.」
The Company is using the assumption that COVID-19 will subside and conditions will normalize at a certain point during the fiscal year ending March 2022 in estimates of deferred tax assets and software valuation. - FY2021-Q3First statedAnnual report
「The Company had assumed that COVID-19 would subside at a certain point during the fiscal year ending March 2021, as stated in the additional information section of the previous fiscal year's securities report under “Accounting estimates concerning the impact of the spread of COVID-19.” In light of subsequent infection trends, the assumption was changed to a certain point during the fiscal year ending March 2022, and accounting estimates were made concerning the recoverability of deferred tax assets and software held for sale in the market.」
The accounting assumption concerning when COVID-19 would subside was changed from the fiscal year ending March 2021 to the fiscal year ending March 2022, and the change was reflected in estimates of the recoverability of deferred tax assets and software held for sale in the market.