Accounting Estimates and Recovery Assumptions Reflecting the Impact of the Novel Coronavirus
First written in FY2021-Q1. 5 of 9 entries say "Softened", first in FY2021-Q2. Latest entry: FY2023.
The whole theme swung hardest in 2026: 3 of 7 companies on the "Worse" side.
14 other companies' latest entry also says "Dropped".
- FY2023DroppedAnnual report
「For material accounting estimates adopted in the consolidated financial statements and the assumptions used in those estimates, the Group provides details in “5. Accounting, 1. Consolidated Financial Statements, Notes (Significant Accounting Estimates).”」
The assumptions concerning the impact of COVID-19 and the timing of recovery, which had been disclosed through the previous quarter, are not presented separately in the significant accounting estimates in this filing. - FY2023-Q2RestatedAnnual report
「In making accounting estimates, including impairment losses on property, plant and equipment and the recoverability of deferred tax assets, for the first six months of the current consolidated fiscal year, there have been no material changes to the assumptions concerning the spread of the infection described in the annual securities report for the previous consolidated fiscal year.」
The company states that there have been no material changes to the previous fiscal year's assumptions in its estimates, including impairment losses on property, plant and equipment and the recoverability of deferred tax assets, reflecting the spread of COVID-19. - FY2023-Q1RestatedAnnual report
「In making accounting estimates, including impairment losses on property, plant and equipment and the recoverability of deferred tax assets, for the first quarter of the current consolidated fiscal year, there have been no material changes to the assumptions concerning the spread of the infection described in the annual securities report for the previous consolidated fiscal year.」
The company states that there have been no material changes to the assumptions concerning the spread of COVID-19 described in the previous fiscal year in its accounting estimates reflecting the impact of COVID-19. - FY2022-Q3SoftenedAnnual report
「Against this backdrop, the company has made accounting estimates, including impairment losses on property, plant and equipment and the recoverability of deferred tax assets, based on the assumption that recovery would continue to progress from the fourth quarter of fiscal 2021 onward.」
The accounting recovery assumption reflecting the impact of COVID-19 has been pushed back from “from the third quarter of fiscal 2021 onward” in the previous disclosure to “from the fourth quarter of fiscal 2021 onward.” - FY2022-Q2SoftenedAnnual report
「Against this backdrop, the company has made accounting estimates, including impairment losses on property, plant and equipment and the recoverability of deferred tax assets, based on the assumption that recovery would continue to progress from the third quarter of fiscal 2021 onward.」
The recovery assumption used in the accounting estimates has been pushed back from “from the second quarter of fiscal 2021 onward” in the previous disclosure to “from the third quarter of fiscal 2021 onward.” - FY2022-Q1SoftenedAnnual report
「Against this backdrop, the company has made accounting estimates, including impairment losses on property, plant and equipment and the recoverability of deferred tax assets, based on the assumption that recovery would continue to progress from the second quarter of fiscal 2021 onward.」
The recovery assumption used in the accounting estimates has been changed from “from the fourth quarter of fiscal 2020 onward” in the previous disclosure to “from the second quarter of fiscal 2021 onward,” pushing back the expected timing of recovery. - FY2021-Q3SoftenedAnnual report
「Against this backdrop, despite the impact described above, the company has made accounting estimates, including impairment losses on property, plant and equipment and the recoverability of deferred tax assets, based on the assumption, as in the previous consolidated fiscal year, that recovery would continue to progress from the fourth quarter of fiscal 2020 onward.」
The recovery assumption used in the accounting estimates has been pushed back from “from the third quarter of fiscal 2020 onward” in the previous disclosure to “from the fourth quarter of fiscal 2020 onward.” - FY2021-Q2SoftenedAnnual report
「Production and sales had declined due to temporary suspensions of operations amid the spread of COVID-19, but all plants had resumed operations as of the end of June 2020, and production and sales were showing signs of recovery. Against this backdrop, despite the impact described above, the company has made accounting estimates, including impairment losses on property, plant and equipment and the recoverability of deferred tax assets, based on the assumption, as in the previous consolidated fiscal year, that recovery would continue to progress from the third quarter of fiscal 2020 onward.」
The recovery assumption used in the accounting estimates has been changed from “from the second quarter of fiscal 2020” in the previous disclosure to “from the third quarter of fiscal 2020 onward.” - FY2021-Q1First statedAnnual report
「Production and sales had declined due to temporary suspensions of operations amid the spread of COVID-19, but all plants had resumed operations as of the end of June 2020. Against this backdrop, despite the impact described above, the company has made accounting estimates, including impairment losses on property, plant and equipment and the recoverability of deferred tax assets, based on the assumption, as in the previous consolidated fiscal year, that recovery would progress from the second quarter of fiscal 2020.」
The company has made its first disclosure that, taking into account the operational suspensions and business impact caused by COVID-19, it has made accounting estimates, including impairment losses on property, plant and equipment and the recoverability of deferred tax assets, based on the assumption that recovery would begin in the second quarter of fiscal 2020.