Accounting Estimates Based on Assumptions Regarding COVID-19
First written in FY2021-Q1. 6 of 12 entries say "Restated". Latest entry: FY2025-Q1.
The whole theme swung hardest in 2026: 5 of 22 companies on the "Worse" side.
- FY2025-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 in its accounting estimates or the related assumptions. - FY2024ReframedAnnual report
「The outlook for customer traffic, a key assumption, is subject to estimation uncertainty. If it becomes necessary to revise the assumption, such as where store performance deteriorates due to declining demand for dining out as a result of rising prices, impairment losses may be recognized.」
The basis for the accounting estimates changed from the previous assumption concerning the period over which COVID-19 would continue to affect the business to an assumption that the infectious disease had subsided and that normalized social and economic activity would continue. At the same time, declining demand for dining out due to rising prices was identified as a new uncertainty. - 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 in its accounting estimates or the related 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 in its accounting estimates or the related assumptions. - FY2023RestatedAnnual report
「The number of customers visiting our stores has been calculated on the assumption that the lifting of restrictions on population movement and personal consumption will continue to a certain extent going forward.」
The company continues to use an accounting assumption of recovering customer traffic when estimating impairment of store fixed assets and the recoverability of deferred tax assets. - FY2023-Q3RestatedAnnual report
「In light of these circumstances, we have assumed that the impact of the spread of COVID-19 on our operating performance will continue through the end of the fiscal year ending February 2023 and have made accounting estimates concerning impairment of fixed assets and the recoverability of deferred tax assets based on this assumption. There have been no material changes to this assumption from the information disclosed under "Significant Accounting Estimates" in the annual securities report for the previous fiscal year.」
The company stated that there had been no material change from the previous fiscal year in the accounting assumption that the impact of COVID-19 would continue through the end of the fiscal year ending February 2023, or in the related estimates of impairment and deferred tax assets. - FY2023-Q1RestatedAnnual report
「There have been no material changes to this assumption from the information disclosed under "Significant Accounting Estimates" in the annual securities report for the previous fiscal year.」
The company stated that there had been no material change from the previous fiscal year in the accounting estimate assumption that the impact of COVID-19 would continue through the end of the fiscal year ending February 2023. - FY2022-Q3ReframedAnnual report
「In light of these circumstances, the assumption regarding the impact of the spread of COVID-19 on our operating performance changed from the previous assumption that the impact would continue through the end of the fiscal year ending February 2022 to the assumption that it would continue through the end of the fiscal year ending February 2023. Based on this assumption, we have made accounting estimates concerning impairment of fixed assets and the recoverability of deferred tax assets.」
The accounting assumption that the impact of COVID-19 on operating performance would continue was extended from the end of the fiscal year ending February 2022 to the end of the fiscal year ending February 2023. This assumption is used in estimating impairment of fixed assets and the recoverability of deferred tax assets. - FY2022-Q2ReframedAnnual report
「In light of these circumstances, the assumption regarding the impact of the spread of COVID-19 on our operating performance changed from the previous assumption that the impact would continue through the end of the fiscal year ending February 2022 to the assumption that it would continue through the first half of the fiscal year ending February 2023. Based on this assumption, we have made accounting estimates concerning impairment of fixed assets and the recoverability of deferred tax assets.」
The accounting assumption that the impact of COVID-19 on operating performance would continue was extended from the end of the fiscal year ending February 2022 to the first half of the fiscal year ending February 2023. - FY2021ReframedAnnual report
「We have assumed that the impact of the spread of COVID-19 on our operating performance will continue through the end of the fiscal year ending February 2022 and have made accounting estimates concerning impairment of fixed assets and the recoverability of deferred tax assets based on this assumption.」
The basis for the accounting estimates changed from an assumption that the impact would continue through the first half of the fiscal year ending February 2022 to an assumption that it would continue through the end of that fiscal year. - FY2021-Q3ReframedAnnual report
「In light of these circumstances, the assumption regarding the impact of the spread of COVID-19 on our operating performance changed from the previous assumption that demand would recover through the end of the year to the assumption that the impact would continue through the first half of the fiscal year ending February 2022. Based on this assumption, we have made accounting estimates concerning impairment of fixed assets and the recoverability of deferred tax assets.」
The basis for the accounting estimates concerning COVID-19 changed from an assumption of demand recovery by the end of the year to an assumption that the impact would continue through the first half of the fiscal year ending February 2022. - FY2021-Q1First statedAnnual report
「Based on information on the infectious disease issued by the Cabinet Secretariat and various initiatives by the government and local authorities, we have assumed that demand will recover through the end of the year following the lifting of the state of emergency. Based on this assumption, we have made accounting estimates concerning impairment of fixed assets and the recoverability of deferred tax assets.」
Regarding COVID-19, the company assumed that demand would recover by the end of the year following the lifting of the state of emergency and made accounting estimates concerning impairment of fixed assets and the recoverability of deferred tax assets.