Accounting Estimates Related to the Spread of COVID-19
First written in FY2021-Q1. 9 of 13 entries say "Restated". Latest entry: FY2026.
The First Bank Of Toyama moved to the "Worse" side of this theme in 2026, 1 year after the typical company in this theme (2025).
The whole theme swung hardest in 2025: 2 of 6 companies on the "Worse" side.
2 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「In addition, if the spread and prevalence of infectious diseases continue for an extended period and the number of employees of the Bank who become infected increases, branch and head-office operations could be disrupted.」
The disclosure has been reorganized from a previous accounting-estimates theme specifically addressing COVID-19 to the risk of employee infections and business disruptions caused by infectious diseases generally. - FY2024-Q3RestatedAnnual report
「The assumptions regarding the impact of COVID-19 described in the “Significant Accounting Estimates” section of the securities report for the previous consolidated fiscal year were reviewed in light of the latest spread of COVID-19, and no material changes were made.」
The company reviewed its accounting assumptions regarding the impact of COVID-19, but continues to state that there have been no material changes. - FY2024-Q1RestatedAnnual report
「The assumptions regarding the impact of COVID-19 described in the “Significant Accounting Estimates” section of the securities report for the previous consolidated fiscal year were reviewed in light of the latest COVID-19 situation, and no material changes were made.」
The company reviewed its accounting assumptions regarding the impact of COVID-19, but continues to state that there have been no material changes. - FY2023-Q3RestatedAnnual report
「The assumptions regarding the impact of COVID-19 described in the “Significant Accounting Estimates” section of the securities report for the previous consolidated fiscal year were reviewed in light of the latest spread of COVID-19, and no material changes were made.」
The company reviewed its accounting assumptions regarding the impact of COVID-19, but continues to state that there have been no material changes. - FY2023-Q1RestatedAnnual report
「The assumptions regarding the impact of COVID-19 described in the “Significant Accounting Estimates” section of the securities report for the previous consolidated fiscal year were reviewed in light of the latest spread of COVID-19, and no material changes were made.」
The company reviewed its accounting assumptions regarding the impact of COVID-19, but continues to state that there have been no material changes. - FY2022RestatedAnnual report
「We expect the impact of the spread of COVID-19 to continue for several years, depending on the operating environment of borrowers, while economic activity in Japan and overseas is expected to recover gradually.」
The company assumes for its accounting estimates that the impact of COVID-19 could continue for several years for some borrowers and that the economic recovery will be gradual. - FY2022-Q3RestatedAnnual report
「The assumptions regarding the impact of COVID-19 described in the “Significant Accounting Estimates” section of the securities report for the previous consolidated fiscal year were reviewed in light of the latest spread of COVID-19, and no material changes were made.」
In FY2022-Q3, the company reviewed its accounting assumptions regarding the impact of COVID-19, but continues to state that there have been no material changes. - FY2022-Q2RestatedAnnual report
「The assumptions regarding the impact of COVID-19 described in the “Significant Accounting Estimates” section of the securities report for the previous consolidated fiscal year were reviewed in light of the latest spread of COVID-19, and no material changes were made.」
The company reviewed the accounting assumptions regarding the impact of COVID-19, but continues to state that there have been no material changes. - FY2022-Q1RestatedAnnual report
「The assumptions regarding the impact of COVID-19 described in the “Significant Accounting Estimates” section of the securities report for the previous consolidated fiscal year were reviewed in light of the latest spread of COVID-19, and no material changes were made.」
The company reviewed the accounting assumptions regarding the impact of COVID-19, but continues to state that there have been no material changes. - FY2021Prolonged Impact of COVID-19 and Uncertainty in Accounting EstimatesAnnual report
「We expect the impact of the spread of COVID-19 to continue for several years, depending on the operating environment of borrowers, while economic activity in Japan and overseas is expected to recover gradually.」
For accounting estimates of expected credit losses, the company explicitly stated the assumption that the impact of COVID-19 could continue for several years for some borrowers, along with the assumption of a gradual economic recovery. - FY2021-Q3RestatedAnnual report
「The assumptions regarding the impact of COVID-19 described in the “Additional Information” section of the securities report for the previous consolidated fiscal year were reviewed in light of the latest spread of COVID-19, and no material changes were made. The assumption involves significant uncertainty, and changes in future circumstances and a resulting review of the judgment could have a material impact on the consolidated financial statements for the current consolidated fiscal year.」
The company continues to state that there have been no material changes to the accounting assumptions regarding the impact of COVID-19, while continuing to disclose the uncertainty of the assumptions and the possibility of a material impact on the financial statements in the future. - FY2021-Q2Disclosure of Accounting Estimate Assumptions and UncertaintyAnnual report
「In preparing the interim consolidated financial statements for the six months ended 30 September 2020, the Company considered the impact of COVID-19 in its accounting estimates and in establishing assumptions based on the outlook that the impact of the spread of COVID-19 would ease in the latter half of 2020, and determined that it would not have a material impact on the allowance for doubtful accounts or other items at the present time. However, the above assumption involves significant uncertainty, and changes in future circumstances and a resulting review of the judgment could have a material impact on the consolidated financial statements for the current consolidated fiscal year.」
The company made accounting estimates based on the assumption that the impact of the spread of COVID-19 would ease in the latter half of 2020 and determined that there was no material impact at the present time, while explicitly disclosing the uncertainty of the assumption and the possibility of a material impact in the future. - FY2021-Q1First statedAnnual report
「Accounting Estimates Related to the Spread of COVID-19 The assumptions regarding the impact of COVID-19 described in the “Additional Information” section of the securities report for the previous consolidated fiscal year were reviewed in light of the latest spread of COVID-19, and no material changes were made.」
The company states that it reviewed the assumptions concerning the impact used in its accounting estimates in light of the spread of COVID-19, but made no material changes.