Uncertainty in Accounting Estimates Due to the Timing of the Containment of the Pandemic and Other Factors
First written in FY2020-Q2. 10 of 12 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2023: 3 of 36 companies on the "Worse" side.
39 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual 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 states that there have been no material changes from the previous fiscal year in its accounting estimates and assumptions, including the timing of the end of the infection. - 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.」
The company states that there have been no material changes from the previous fiscal year in its accounting estimates and assumptions, including the timing of the end of the infection. - 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.」
The company states that there have been no material changes from the previous fiscal year in its accounting estimates and assumptions, including the timing of the end of the infection. - FY2023-Q3RestatedAnnual report
「There have been no material changes from the previous consolidated fiscal year in the assumptions concerning accounting estimates related to the impact of the spread of COVID-19 described in the “Additional Information” section of the annual securities report for the previous consolidated fiscal year.」
The company states that there have been no material changes from the previous consolidated fiscal year in the assumptions underlying accounting estimates based on the timing of the end of the infection and the economic recovery. - FY2023-Q2RestatedAnnual report
「There have been no material changes from the previous consolidated fiscal year in the assumptions concerning accounting estimates related to the impact of the spread of COVID-19 described in the “Additional Information” section of the annual securities report for the previous consolidated fiscal year.」
The company states that there have been no material changes from the previous consolidated fiscal year in the assumptions underlying accounting estimates related to the impact of the infection. - FY2023-Q1RestatedAnnual report
「There have been no material changes from the previous consolidated fiscal year in the assumptions concerning accounting estimates related to the impact of the spread of COVID-19 described in the “Additional Information” section of the annual securities report for the previous consolidated fiscal year.」
The company states that there have been no material changes from the previous consolidated fiscal year in its accounting estimates based on assumptions regarding the timing of the end of the infection and the economic recovery. - FY2022-Q3RestatedAnnual report
「There have been no material changes from the previous consolidated fiscal year in the assumptions concerning accounting estimates related to the impact of the spread of COVID-19 described in the “Additional Information” section of the annual securities report for the previous consolidated fiscal year.」
The company states that there have been no material changes from the previous consolidated fiscal year in its accounting estimates based on assumptions regarding the timing of the end of the infection and the economic recovery. - 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 states that there have been no material changes from the previous fiscal year in its accounting estimates based on assumptions including the timing of the end of the infection. - FY2021-Q3RestatedAnnual report
「There have been no material changes to the assumptions concerning the impact of the spread of COVID-19 described in the “Additional Information” section of the annual securities report for the previous consolidated fiscal year.」
The company states that there have been no material changes from the previous consolidated fiscal year in its accounting estimates based on assumptions regarding the timing of the end of the infection and the economic recovery. - FY2020Clarification of the recovery assumptionsAnnual report
「The company assumes that the economy will recover as the spread of the infection subsides and economic activity resumes, reaching a recovery through fiscal 2021 and broadly returning to pre-pandemic levels from fiscal 2022 onward.」
For accounting estimates related to the infection, the company newly specified a timeline under which recovery would occur through fiscal 2021, followed by a broad recovery to pre-pandemic levels from fiscal 2022 onward. It continues to disclose the possibility that estimates may differ depending on the timing of the end of the infection, measures taken by each country, and economic conditions. - FY2020-Q3RestatedAnnual report
「For this situation, the company has reflected in its accounting estimates, including impairment of fixed assets and the recoverability of deferred tax assets, the assumption that the economy will gradually recover as the spread of the infection subsides and economic activity resumes, and will broadly return to pre-pandemic levels from the following consolidated fiscal year onward. However, because this assumption depends on uncertainties such as the timing of the end of the infection, measures taken by each country, and economic conditions, actual future results may differ from estimates based on the assumption.」
The company estimates impairment of fixed assets and the recoverability of deferred tax assets on the assumption that the infection will subside and the economy will broadly recover to pre-pandemic levels from the following consolidated fiscal year onward. It continues to disclose the possibility that estimates may differ due to the timing of the end of the infection, measures taken by each country, and economic conditions. - FY2020-Q2First statedAnnual report
「For this situation, the company has reflected in its accounting estimates, including impairment of fixed assets and the recoverability of deferred tax assets, the assumption that the economy will gradually recover as the spread of the infection subsides and economic activity resumes, and will broadly return to pre-pandemic levels from the following consolidated fiscal year onward. However, because this assumption depends on uncertainties such as the timing of the end of the infection, measures taken by each country, and economic conditions, actual future results may differ from estimates based on the assumption.」
The company estimates impairment of fixed assets and the recoverability of deferred tax assets on the assumption that the infection will subside and economic activity will resume, with a broad recovery to pre-pandemic levels from the following consolidated fiscal year onward. It identifies as a new uncertainty the possibility that actual results may differ from estimates depending on the timing of the end of the infection, measures taken by each country, and economic conditions.