Impairment and deferred tax asset estimates based on assumptions regarding the containment of COVID-19 impacts
First written in FY2020-Q2. 7 of 12 entries say "Restated". Latest entry: FY2025.
Tiemco moved to the "Worse" side of this theme in 2025, 2 years after the typical company in this theme (2023).
The whole theme swung hardest in 2026: 3 of 7 companies on the "Worse" side.
0 other companies' latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「In addition, affected by ¥27 million in deferred income taxes, including the partial reversal of deferred tax assets, compared with ¥13 million in the same period of the previous year, the net loss for the period was ¥128 million, compared with a net loss for the period of ¥109 million in the same period of the previous year.」
Deferred income taxes increased from ¥13 million to ¥27 million due to the partial reversal of deferred tax assets and other factors, increasing their impact on the net loss. - FY2025-H1MaterialisedAnnual report
「In addition, affected by ¥10 million in deferred income taxes, including the partial reversal of deferred tax assets, the interim net loss was ¥45 million, compared with interim net income of ¥2 million in the same period of the previous year.」
While the Company stated that there had been no material changes in its accounting estimates or assumptions, the partial reversal of deferred tax assets affected actual earnings through ¥10 million in deferred income taxes. - 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 stated that there had been no material changes from the previous fiscal year to its accounting estimates or the underlying assumptions. - 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 stated that there had been no material changes from the previous fiscal year to its accounting estimates or the underlying assumptions. - FY2022MitigatedAnnual report
「In addition, after carefully considering the recoverability of deferred tax assets in light of the outlook for operating performance and other factors, the Company decided to recognize deferred tax assets for the recoverable portion and recorded a ¥26 million decrease in deferred income taxes for the fiscal year.」
Based on the outlook for operating performance, the Company recognized deferred tax assets for the recoverable portion and recorded ¥26 million in deferred income taxes. - FY2022-Q3RestatedAnnual report
「There were no material changes to the assumptions concerning the impact of COVID-19 described in the securities report for the previous fiscal year.」
The Company stated that there had been no material changes in the assumptions underlying its estimates of impairment of fixed assets and the recoverability of deferred tax assets based on the impact of COVID-19. - FY2022-Q2RestatedAnnual report
「There were no material changes to the assumptions concerning the impact of COVID-19 described in the securities report for the previous fiscal year.」
The Company stated that there had been no material changes in the assumptions underlying its accounting estimates for impairment of fixed assets and the recoverability of deferred tax assets based on the impact of COVID-19. - FY2021-Q3RestatedAnnual report
「At present, the situation and assumptions remain within the scope described in the securities report for the previous fiscal year, and the Company has estimated the impairment of fixed assets and the recoverability of deferred tax assets based on those assumptions.」
The Company stated that there had been no material changes from the previous fiscal year in the assumptions underlying estimates of impairment of fixed assets and the recoverability of deferred tax assets related to COVID-19. - FY2021-Q2RestatedAnnual report
「At present, the situation and assumptions remain within the scope described in the securities report for the previous fiscal year, and the Company has estimated the impairment of fixed assets and the recoverability of deferred tax assets based on those assumptions.」
The Company stated that there had been no material changes from the previous fiscal year in the assumptions underlying estimates of impairment of fixed assets and the recoverability of deferred tax assets related to COVID-19. - FY2021-Q1RestatedAnnual report
「At present, the situation and assumptions remain within the scope described in the securities report for the previous fiscal year, and the Company has estimated the impairment of fixed assets and the recoverability of deferred tax assets based on those assumptions.」
The accounting estimates related to COVID-19 were prepared without change, within the scope of the situation and assumptions applicable to the previous fiscal year. - FY2020-Q3SoftenedAnnual report
「The Company has prepared accounting estimates for impairment of fixed assets and the recoverability of deferred tax assets on the assumption that the effects of COVID-19 on the Company would continue for some time but gradually recover.」
The specific deadline stated in the previous quarter, that the effects would subside by year-end, was no longer presented, and the assumption was changed to one in which the effects would continue for some time while gradually recovering. - FY2020-Q2First statedAnnual report
「The Company has prepared accounting estimates for impairment of fixed assets and the recoverability of deferred tax assets on the assumption that the effects of COVID-19 would continue, at least through July 2020, with recovery gradually progressing thereafter and the effects subsiding by the end of the year.」
The Company assumed that the impact of COVID-19 would continue through July 2020, then gradually recover and subside by year-end, and estimated the impairment of fixed assets and the recoverability of deferred tax assets accordingly.