Accounting Estimates Based on Recovery Assumptions Reflecting the Impact of the Pandemic
First written in FY2021-Q1. 2 of 4 entries say "Restated". Latest entry: FY2023-Q3.
The whole theme swung hardest in 2026: 5 of 22 companies on the "Worse" side.
- FY2023-Q3RestatedAnnual report
「There have been no material changes from the previous fiscal year in the material accounting estimates described in the annual securities report or in the assumptions used for those estimates.」
The Company has reconfirmed that there have been no material changes from the previous fiscal year in its accounting estimates reflecting the impact of the infectious disease or the related assumptions. - FY2022-Q1RestatedAnnual report
「There have been no material changes from the previous fiscal year in the material accounting estimates described in the annual securities report or in the assumptions used for those estimates.」
The Company states that there have been no material changes from the previous fiscal year in its accounting estimates related to COVID-19 or the underlying assumptions. - FY2021SoftenedAnnual report
「Although it is difficult to accurately predict when the spread of COVID-19 will subside and other factors affecting its impact, the Company has estimated undiscounted future cash flows on the assumption that revenue and operating profit would gradually recover from April 2021, while a certain impact would remain through the end of the following fiscal year.」
The assumption was changed from normalization by the end of the fiscal year to a certain impact remaining through the end of the following fiscal year, delaying the expected recovery timeline. - FY2021-Q1First statedAnnual report
「The Company has made accounting estimates, including the recoverability of deferred tax assets, on the assumption that revenue and operating profit would gradually recover from June 2020 and normalize by the end of the fiscal year.」
The Company estimates the recoverability of deferred tax assets and other items on the assumption that revenue and operating profit would recover from June 2020 and normalize by the end of the fiscal year. It also states that there is significant uncertainty regarding when the infectious disease will subside and its impact on the economic environment.