Estimation Uncertainty Concerning the Allowance for Doubtful Accounts and Deferred Tax Assets
First written in FY2016. 19 of 26 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 5 of 22 companies on the "Worse" side.
2 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Three offices were identified as showing indications of impairment. The total carrying value of the fixed assets before recognition of impairment losses was ¥683.909 million (5 offices and ¥1,058.810 million in the previous consolidated fiscal year). However, because the undiscounted future cash flows for each office were determined to exceed the carrying value of its fixed assets, no impairment loss was recognized.」
The number of offices showing indications of impairment declined from 5 to 3, and their total carrying value decreased from ¥1,058.810 million to ¥683.909 million. No impairment loss was recognized. - 2026-06-03MitigatedGeneral Meetings of Shareholders
「Three sales offices were determined to exhibit signs of impairment, with a combined carrying amount of ¥683.909 million. However, because the undiscounted future cash flows of each office were judged to exceed the carrying amount of its fixed assets, no impairment loss was recognized.」
The Company reported 3 sales offices with indications of impairment and a combined carrying amount of ¥683.909 million, while recognizing no impairment loss for the current consolidated fiscal year. - FY2025RestatedAnnual report
「Five offices were identified as showing indications of impairment because the fair value of their company-owned real estate had declined significantly below carrying value. The total carrying value of the fixed assets was ¥1,058.810 million. However, because the undiscounted future cash flows for each office were determined to exceed the carrying value of its fixed assets, no impairment loss was recognized.」
The number of offices showing indications of impairment declined from 6 to 5, and their total carrying value decreased from ¥1,245.644 million to ¥1,058.810 million. No impairment loss was recognized for the current fiscal year. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new occurrences of the major risks that management recognizes as potentially having a material impact on the group’s financial position, operating results or cash flows, among the matters concerning the business and accounting conditions described in this interim report, nor were there any material changes to the risks described in the “Business and Other Risks” section of the annual securities report for the previous fiscal year.」
Confirms that there have been no material changes in estimation uncertainty relating to doubtful accounts, deferred tax assets and impairment of fixed assets. - FY2024MaterialisedAnnual report
「Six offices were identified as showing indications of impairment because the fair value of their company-owned real estate had declined significantly below carrying value. The total carrying value of the fixed assets before recognition of impairment losses was ¥1,245.644 million (7 offices and ¥1,470.251 million in the previous consolidated fiscal year). However, because the undiscounted cash flows for each office were determined to exceed the carrying value of its fixed assets, no impairment loss was recognized. For assets or asset groups classified as assets held for disposal or idle assets, the carrying value was reduced to the recoverable amount, and the resulting reduction of ¥4.871 million was recognized as an impairment loss and recorded as an extraordinary loss.」
The number of offices showing indications of impairment declined from 7 to 6, and their total carrying value decreased from ¥1,470.251 million to ¥1,245.644 million. Meanwhile, an impairment loss of ¥4.871 million was recognized for assets held for disposal in Hokota, Ibaraki Prefecture. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter, there were no new occurrences of the major risks that management recognizes as potentially having a material impact on the company’s financial position, operating results or cash flows, among the matters concerning the business and accounting conditions described in this quarterly report, nor were there any material changes to the risks described in the “Business and Other Risks” section of the annual securities report for the previous fiscal year.」
Confirms that there have been no material changes in estimation uncertainty relating to doubtful accounts, deferred tax assets and impairment of fixed assets. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter, there were no new occurrences of the major risks that management recognizes as potentially having a material impact on the company’s financial position, operating results or cash flows, among the matters concerning the business and accounting conditions described in this quarterly report, nor were there any material changes to the risks described in the “Business and Other Risks” section of the annual securities report for the previous fiscal year.」
Confirms that there have been no material changes in the major risks, including estimation uncertainty relating to doubtful accounts, deferred tax assets and impairment of fixed assets. - FY2024-Q1RestatedAnnual report
「During the cumulative first quarter, there were no new occurrences of the major risks that management recognizes as potentially having a material impact on the company’s financial position, operating results or cash flows, among the matters concerning the business and accounting conditions described in this quarterly report, nor were there any material changes to the risks described in the “Business and Other Risks” section of the annual securities report for the previous fiscal year.」
Confirms that there have been no material changes in estimation uncertainty relating to doubtful accounts, deferred tax assets and impairment of fixed assets. - FY2023MaterialisedAnnual report
「Seven offices were identified as showing indications of impairment because the fair value of their company-owned real estate had declined significantly below carrying value. The total carrying value of the fixed assets before recognition of impairment losses was ¥1,470.251 million. For the office in Adachi-ku, Tokyo, the carrying value was reduced to its recoverable amount because the decline in land prices was expected to make recovery of the investment difficult, and the resulting impairment loss was recognized as an extraordinary loss.」
The number of offices showing indications of impairment increased from 6 to 7, and an impairment loss of ¥110.690 million was recognized for the office in Adachi-ku, Tokyo. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter, there were no new occurrences of the major risks that management recognizes as potentially having a material impact on the company’s financial position, operating results or cash flows, among the matters concerning the business and accounting conditions described in this quarterly report, nor were there any material changes to the risks described in the “Business and Other Risks” section of the annual securities report for the previous fiscal year.」
Confirms that there have been no material changes in estimation uncertainty relating to doubtful accounts, deferred tax assets and impairment of fixed assets. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter, there were no new occurrences of the major risks that management recognizes as potentially having a material impact on the company’s financial position, operating results or cash flows, among the matters concerning the business and accounting conditions described in this quarterly report, nor were there any material changes to the risks described in the “Business and Other Risks” section of the annual securities report for the previous fiscal year.」
Confirms that there have been no material changes in estimation uncertainty relating to doubtful accounts, deferred tax assets and impairment of fixed assets. - FY2023-Q1RestatedAnnual report
「During the cumulative first quarter, there were no new occurrences of the major risks that management recognizes as potentially having a material impact on the company’s financial position, operating results or cash flows, among the matters concerning the business and accounting conditions described in this quarterly report, nor were there any material changes to the risks described in the “Business and Other Risks” section of the annual securities report for the previous fiscal year.」
Confirms that there have been no material changes in estimation uncertainty relating to doubtful accounts, deferred tax assets and impairment of fixed assets. - FY2022RestatedAnnual report
「Six offices were identified as showing indications of impairment because the fair value of their company-owned real estate had declined significantly below carrying value. The total carrying value of the fixed assets was ¥1,283.060 million (¥1,294.055 million in the previous consolidated fiscal year). However, because the undiscounted future cash flows for each office were determined to exceed the carrying value of its fixed assets, no impairment loss was recognized.」
The number of offices showing indications of impairment remained at 6, while their total carrying value declined from ¥1,294.055 million in the previous year to ¥1,283.060 million. No impairment loss was recognized at any of them. The company continued to disclose estimation uncertainty relating to doubtful accounts, deferred tax assets and impairment of fixed assets. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter, there were no new occurrences of the major risks that management recognizes as potentially having a material impact on the company’s financial position, operating results or cash flows, among the matters concerning the business and accounting conditions described in this quarterly report, nor were there any material changes to the risks described in the “Business and Other Risks” section of the annual securities report for the previous fiscal year.」
Confirms that there have been no material changes in estimation uncertainty relating to doubtful accounts, deferred tax assets and impairment of fixed assets. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter, there were no new occurrences of the major risks that management recognizes as potentially having a material impact on the company’s financial position, operating results or cash flows, among the matters concerning the business and accounting conditions described in this quarterly report, nor were there any material changes to the risks described in the “Business and Other Risks” section of the annual securities report for the previous fiscal year.」
Confirms that there have been no material changes in estimation uncertainty relating to doubtful accounts, deferred tax assets and impairment of fixed assets. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter, there were no new occurrences of the major risks that management recognizes as potentially having a material impact on the company’s financial position, operating results or cash flows, among the matters concerning the business and accounting conditions described in this quarterly report, nor were there any material changes to the risks described in the “Business and Other Risks” section of the annual securities report for the previous fiscal year.」
Confirms that there have been no material changes in estimation uncertainty relating to doubtful accounts, deferred tax assets and impairment of fixed assets. - FY2021WorsenedAnnual report
「Six offices were identified as showing indications of impairment because the fair value of their company-owned real estate had declined significantly below carrying value. The total carrying value of the fixed assets was ¥1,294.055 million. However, because the undiscounted future cash flows for each office were determined to exceed the carrying value of its fixed assets, no impairment loss was recognized.」
The company specifically disclosed 6 offices showing indications of impairment, with total carrying value of ¥1,294.055 million. No impairment loss has been recognized to date. - FY2021-Q3RestatedAnnual report
「In the prior fiscal year's securities report, we assumed that the impact of the spread of COVID-19 would continue for approximately six months. Although the containment of the outbreak has been slower than anticipated, economic activity has gradually resumed and the impact on the construction-related industry to which the Group belongs is currently limited. Accordingly, there have been no material changes from the previous consolidated fiscal year in the assumptions underlying our accounting estimates.」
Although containment of the infection has been slower than anticipated, the company states that there have been no material changes in the assumptions underlying accounting estimates, including impairment of fixed assets and deferred tax assets, because the impact on the construction-related industry has been limited. - FY2021-Q2RestatedAnnual report
「In the prior fiscal year's securities report, we assumed that the impact of the spread of COVID-19 would continue for approximately six months. Although the containment of the outbreak has been slower than anticipated, economic activity has gradually resumed and the impact on the construction-related industry to which the Group belongs is currently limited. Accordingly, there have been no material changes from the previous consolidated fiscal year in the assumptions underlying our accounting estimates.」
Although containment of the infection has been slower than anticipated, the company states that there have been no material changes in the assumptions underlying accounting estimates, including impairment of fixed assets and deferred tax assets, given the resumption of economic activity and the limited impact on the construction-related industry. - FY2021-Q1RestatedAnnual report
「There have been no material changes in the assumptions described in the prior fiscal year's securities report under Additional Information (Accounting estimates relating to the impact of the spread of COVID-19), including assumptions regarding the future spread of COVID-19 and the timing of its containment.」
Confirms that there have been no material changes in the accounting-estimate assumptions concerning the spread of COVID-19 and the timing of its containment. - FY2020Additional disclosure of fixed-asset impairment riskAnnual report
「Additional provisions may be required in the future due to deterioration in customers' financial condition or other factors. The recoverability of deferred tax assets depends on estimates of future taxable income. If the estimated amount declines, deferred tax assets may be reduced and tax expense may be recognized. If changes in the conditions or assumptions underlying the estimates arise due to changes in the business plan or market environment and the estimated amount declines, impairment may be required.」
In addition to the existing allowance for doubtful accounts and deferred tax assets, explicitly identifies the risk of impairment of fixed assets based on changes in the business plan or market environment as a significant accounting estimate. - FY2020-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
Confirms that there have been no material changes in the risks relating to estimation uncertainty for doubtful accounts and deferred tax assets described in the previous fiscal year. - FY2019RestatedAnnual report
「Additional provisions may be required in the future due to deterioration in customers' financial condition or other factors. The recoverability of deferred tax assets depends on estimates of future taxable income. If the estimated amount declines, deferred tax assets may be reduced and tax expense may be recognized.」
Reconfirms that changes in estimates of customers' financial condition and future taxable income may affect profit or loss and asset balances through the allowance for doubtful accounts and deferred tax assets. - FY2018RestatedAnnual report
「Additional provisions may be required in the future due to deterioration in customers' financial condition or other factors. The recoverability of deferred tax assets depends on estimates of future taxable income. If the estimated amount declines, deferred tax assets may be reduced and tax expense may be recognized.」
Reconfirms that changes in estimates of customers' financial condition and future taxable income may affect profit or loss and asset balances through the allowance for doubtful accounts and deferred tax assets. - FY2017RestatedAnnual report
「Additional provisions may be required in the future due to deterioration in customers' financial condition or other factors. The recoverability of deferred tax assets depends on estimates of future taxable income. If the estimated amount declines, deferred tax assets may be reduced and tax expense may be recognized.」
Reconfirms that changes in estimates of customers' financial condition and future taxable income may affect profit or loss and asset balances through the allowance for doubtful accounts and deferred tax assets. - FY2016First statedAnnual report
「Additional provisions may be required in the future due to deterioration in customers' financial condition or other factors. The recoverability of deferred tax assets depends on estimates of future taxable income. If the estimated amount declines, deferred tax assets may be reduced and tax expense may be recognized.」
Discloses that changes in future estimates relating to the allowance for doubtful accounts and deferred tax assets may affect profit or loss and asset balances.