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Geomatec (6907) · InitiativeRestated

Adoption of the accounting standard for disclosure of accounting estimates

First written in FY2021. 11 of 12 entries say "Restated". Latest entry: FY2026.

12entries
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ProgressHeldSoftenedWorseRestatedFY2021 – FY20262021: 220212022: 420222023: 220232024: 220242025: 120252026: 12026
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Implementation of the Accounting Standard for Disclosure of Accounting EstimatesA theme 525 companies write about · 0 as a headwind · 15 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 525 threads.
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  1. FY2026RestatedAnnual report

    「In addition, based on the results of the assessment of whether an impairment loss should be recognized, the Company determined that recognition was unnecessary and did not recognize an impairment loss in the fiscal year. The assessment of whether to recognize an impairment loss was conducted by calculating future cash flows, using assumptions that materially affect forecasts of sales volumes, based on the business plan and taking into account market trends and the reliability of order information, the likelihood of acquiring new customers, and future earnings forecasts.」

    The company has reconfirmed its decision not to recognize an impairment loss and its estimates of future cash flows based on business plans, market trends, order certainty and the likelihood of acquiring new customers, among other factors.
  2. FY2025RestatedAnnual report

    「The determination of whether to recognize an impairment loss is based on estimates of future cash flows. These cash flows use assumptions that materially affect forecasts of sales volumes and future earnings, based on the business plan and taking into account market trends, the reliability of order information, the expected start of operations for equipment under development and the expected acquisition of new customers.」

    The company has reconfirmed that its accounting estimates for impairment of fixed assets use business plans, market trends, order certainty, the timing of equipment operation, prospects for acquiring new customers and forecasts of future earnings as assumptions.
  3. FY2024RestatedAnnual report

    「The determination of whether to recognize an impairment loss is based on estimated future cash flows. These cash flows use assumptions that have a material impact on forecasts of future earnings, including projected sales volumes based on the business plan and taking into account market trends and the reliability of order information, as well as the outlook for acquiring new customers.」

    The company reconfirmed that its accounting estimates for impairment of fixed assets use the business plan, market trends, order certainty, expected acquisition of new customers and forecasts of future earnings as assumptions.
  4. FY2024-Q3RestatedAnnual report

    「There have been no material changes to the accounting estimates and the assumptions used in those estimates described under “Management's Analysis of Financial Position, Operating Results and Cash Flows” in the securities report for the previous fiscal year.」

    It has been reconfirmed that there have been no material changes from the previous fiscal year in the accounting estimates and assumptions related to impairment of fixed assets and other matters.
  5. FY2024-Q2RestatedAnnual report

    「There have been no material changes to the accounting estimates and the assumptions used in those estimates described under “Management's Analysis of Financial Position, Operating Results and Cash Flows” in the securities report for the previous fiscal year.」

    It has been reconfirmed that there have been no material changes from the previous fiscal year in the accounting estimates and assumptions related to impairment of fixed assets and other matters.
  6. FY2024-Q1RestatedAnnual report

    「There have been no material changes to the accounting estimates and the assumptions used in those estimates described under “Management's Analysis of Financial Position, Operating Results and Cash Flows” in the securities report for the previous fiscal year.」

    It has been reconfirmed that there have been no material changes from the previous fiscal year in the accounting estimates and assumptions related to impairment of fixed assets and other matters.
  7. FY2023-Q2RestatedAnnual report

    「There have been no material changes to the accounting estimates and the assumptions used in those estimates described under “Management's Analysis of Financial Position, Operating Results and Cash Flows” in the securities report for the previous fiscal year.」

    It has been reconfirmed that there have been no material changes from the previous fiscal year in the accounting estimates and assumptions related to impairment of fixed assets and other matters.
  8. FY2023-Q1RestatedAnnual report

    「There have been no material changes to the accounting estimates and the assumptions used in those estimates described under “Management's Analysis of Financial Position, Operating Results and Cash Flows” in the securities report for the previous fiscal year.」

    It has been reconfirmed that there have been no material changes from the previous fiscal year in the accounting estimates and assumptions related to impairment of fixed assets and other matters.
  9. FY2022RestatedAnnual report

    「The determination of whether to recognize an impairment loss is based on estimated future cash flows. These cash flows use assumptions that have a material impact on forecasts of future earnings, including projected sales volumes based on the business plan and taking into account market trends and the reliability of order information, the outlook for acquiring new customers, and the impact of the spread of COVID-19 on operating results.」

    The Company has disclosed that its accounting estimates for impairment of fixed assets use the business plan, market trends, order certainty, new customers and the impact of infectious diseases as assumptions.
  10. FY2022-Q3RestatedAnnual report

    「There have been no material changes to the accounting estimates and the assumptions used in those estimates described under “Management's Analysis of Financial Position, Operating Results and Cash Flows” in the securities report for the previous fiscal year.」

    The company reconfirmed that there had been no significant changes from the previous fiscal year in its accounting estimates and the underlying assumptions.
  11. FY2022-Q2RestatedAnnual report

    「There have been no material changes to the accounting estimates and the assumptions used in those estimates described under “Management's Analysis of Financial Position, Operating Results and Cash Flows” in the securities report for the previous fiscal year.」

    The company reconfirmed that there had been no significant changes from the previous fiscal year in its accounting estimates and the underlying assumptions.
  12. FY2021First statedAnnual report

    「The Accounting Standard for Disclosure of Accounting Estimates was applied from the consolidated financial statements for the year-end of the current consolidated fiscal year, and notes concerning significant accounting estimates are included in the consolidated financial statements.」

    The Company has applied the Accounting Standard for Disclosure of Accounting Estimates from the consolidated financial statements for the year-end under review and disclosed material estimates and assumptions concerning impairment of fixed assets.
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Adoption of the accounting standard for disclosure of accounting estimates | GEOMATEC CO.,LTD. (6907) | Komori