Reflecting assumptions about demand recovery following the COVID-19 pandemic in accounting estimates
First written in FY2021-Q1. 4 of 5 entries say "Restated". Latest entry: FY2022-Q3.
The whole theme swung hardest in 2026: 3 of 7 companies on the "Worse" side.
33 other companies' latest entry also says "Restated".
- FY2022-Q3RestatedAnnual report
「There have been no material changes to the accounting estimates concerning the impact of COVID-19 and the assumptions used in those estimates, as described in the annual securities report for the previous consolidated fiscal year.」
The Company states that there have been no material changes to the accounting estimates and assumptions concerning the impact of COVID-19 and the recovery in demand. - FY2022-Q2RestatedAnnual report
「There have been no material changes to the accounting estimates concerning the impact of COVID-19 and the assumptions used in those estimates, as described in the annual securities report for the previous consolidated fiscal year.」
The Company states that there have been no material changes to the accounting estimates and assumptions concerning the impact of COVID-19 and the recovery in demand. - FY2022-Q1RestatedAnnual report
「There have been no material changes to the accounting estimates concerning the impact of COVID-19 and the assumptions used in those estimates, as described in the annual securities report for the previous consolidated fiscal year.」
The Company states that there have been no material changes to the accounting estimates and assumptions concerning the impact of COVID-19 and the recovery in demand. - FY2021-Q3RestatedAnnual report
「The Group has been affected by production cuts at major supply destinations due to the spread of COVID-19. Although demand is expected to decline temporarily during the fiscal year, the Company assumes that demand will gradually recover as the spread of infections subsides in each region and economic activity resumes, and has reflected this assumption in accounting estimates, including the recoverability of deferred tax assets and the assessment of indicators of impairment of property, plant and equipment.」
The Company continues to reflect in its assessment of the recoverability of deferred tax assets and indicators of impairment of property, plant and equipment the assumption that demand will gradually recover after a temporary decline. - FY2021-Q1First statedAnnual report
「The Group has been affected by production cuts at major customers due to the spread of COVID-19. Although demand is expected to decline temporarily during the fiscal year, the Company assumes that demand will gradually recover as the spread of infections subsides in each region and economic activity resumes, and has reflected this assumption in accounting estimates, including the recoverability of deferred tax assets and the assessment of indicators of impairment of property, plant and equipment.」
The Company assumes that demand will gradually recover as the spread of infections subsides and economic activity resumes, and has reflected this assumption in assessing the recoverability of deferred tax assets and indicators of impairment of property, plant and equipment.