Accounting estimates based on assumptions regarding the impact of COVID-19
First written in FY2021-Q1. 7 of 12 entries say "Restated". Latest entry: FY2023.
- FY2023DroppedAnnual reportNo standalone disclosure was identified in the current year's text regarding the accounting estimates based on COVID-19 that had been disclosed through the previous quarter.
- FY2023-Q3RestatedAnnual report
「During the first nine months of the current consolidated fiscal year, there were no material changes in the impact of COVID-19 on accounting estimates described in the annual securities report for the previous consolidated fiscal year.」
Reconfirmed that there were no material changes from the previous fiscal year in the accounting estimates concerning the impact of COVID-19. - FY2023-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no material changes in the impact of COVID-19 on accounting estimates described in the annual securities report for the previous consolidated fiscal year.」
Reconfirmed that there were no material changes from the previous fiscal year in the accounting estimates concerning the impact of COVID-19. - FY2023-Q1RestatedAnnual report
「Although the timing of the end of the COVID-19 pandemic is expected to remain uncertain, we assume that demand will gradually recover as the spread of infections subsides in each region. However, as many uncertainties remain regarding the impact on economic activity of the future spread of COVID-19, changes in these assumptions could affect the Group's financial condition and operating results.」
Continues the accounting estimate assumption that demand will gradually recover as infections subside in each region, while noting that the timing of the end of the pandemic remains uncertain. - FY2022Updated the recovery assumptionsAnnual report
「Although the timing of the end of the COVID-19 pandemic is expected to remain uncertain, we assume that demand will gradually recover as the spread of infections subsides in each region.」
Stated the accounting estimate assumption that demand will gradually recover as infections subside in each region, while noting that the timing of the end of the pandemic remains uncertain. - FY2022-Q3RestatedAnnual report
「Although it is difficult to predict whether COVID-19 will spread further or subside, we are making accounting estimates for the recoverability of deferred tax assets, impairment accounting for fixed assets, and other matters in the third quarter of the fiscal year based on the assumption that its impact on our group will be limited.」
Continues accounting estimates based on the assumption that the impact on our group will be limited, while noting that the spread or subsidence of COVID-19 is difficult to predict. - FY2022-Q2RestatedAnnual report
「Although it is difficult to predict whether COVID-19 will spread further or subside, we are making accounting estimates for the recoverability of deferred tax assets, impairment accounting for fixed assets, and other matters in the second quarter of the fiscal year based on the assumption that its impact on our group will be limited.」
Continues accounting estimates based on the assumption that the impact on our group will be limited, while noting that the spread or subsidence of COVID-19 is difficult to predict. - FY2022-Q1Change in accounting-estimate assumptionsAnnual report
「Although it is difficult to predict whether COVID-19 will spread further or subside, we are making accounting estimates for the recoverability of deferred tax assets, impairment accounting for fixed assets, and other matters in the first quarter of the fiscal year based on the assumption that its impact on our group will be limited.」
This quarter's disclosure changed from the previous year's assumption that a gradual recovery was expected by the first half of 2021 to estimates based on the assumption that the impact on our group would be limited. At the same time, the difficulty of predicting the spread or subsidence of the disease and the possibility of impacts from changes in assumptions continue to be noted. - FY2021Added assumptions including the timing of recoveryAnnual report
「Regarding the impact of the spread of COVID-19, we assume that it will continue for a certain period and that a gradual recovery is expected by the first half of 2021.」
In addition to the previous assumption that the impact of COVID-19 would continue for a certain period, stated the outlook for a gradual recovery by the first half of 2021 as an assumption underlying the accounting estimates. - FY2021-Q3RestatedAnnual report
「Based on external information and other data available as of the end of the third quarter of the fiscal year, we are making accounting estimates, including the recoverability of deferred tax assets, based on the assumption that the impact will continue for a certain period during the fiscal year ending March 2021.」
Continues accounting estimates based on the assumption that the impact of COVID-19 will continue for a certain period during the fiscal year ending March 2021. - FY2021-Q2RestatedAnnual report
「Going forward, based on the assumption that the impact will continue for a certain period during the fiscal year ending March 2021, we are making accounting estimates, including the recoverability of deferred tax assets.」
Continued accounting estimates based on the assumption that the impact of COVID-19 will continue for a certain period during the fiscal year ending March 2021. - FY2021-Q1First statedAnnual report
「Going forward, based on the assumption that the impact will continue for a certain period during the fiscal year ending March 2021, we are making accounting estimates, including the recoverability of deferred tax assets.」
For the first time, explicitly stated that accounting estimates, including the recoverability of deferred tax assets, are based on the assumption that the impact of COVID-19 will continue for a certain period during the fiscal year ending March 2021.