Accounting Estimates Based on Assumptions About the Resolution of COVID-19 and Recovery in Demand
First written in FY2022-Q2. 3 of 5 entries say "Restated". Latest entry: FY2023-Q3.
The whole theme swung hardest in 2025: 2 of 9 companies on the "Worse" side.
58 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「There have been no material changes to the assumptions regarding COVID-19 stated under “Significant Accounting Estimates” in the annual securities report for the previous fiscal year.」
The company explicitly stated that there had been no material change from the previous fiscal year in its accounting assumptions concerning COVID-19. - FY2023-Q2RestatedAnnual report
「There have been no material changes to the assumptions regarding COVID-19 stated under “Significant Accounting Estimates” in the annual securities report for the previous fiscal year.」
The company explicitly stated that there had been no material change from the previous fiscal year in its accounting assumptions concerning COVID-19. - FY2023-Q1RestatedAnnual report
「There have been no material changes to the assumptions regarding COVID-19 stated under “Significant Accounting Estimates” in the annual securities report for the previous fiscal year.」
The company explicitly stated that there had been no material change from the previous fiscal year in its accounting assumptions concerning COVID-19. - FY2022SoftenedAnnual report
「The material accounting estimates and assumptions used in preparing the financial statements concern impairment of fixed assets and the recoverability of deferred tax assets, as described in “V. Accounting Status, 2. Financial Statements, Notes (Material Accounting Estimates).”」
The specific assumption stated in the previous quarter that COVID-19 would subside from April 2022 was not repeated in the body of this filing, and the material accounting estimates were identified as impairment of fixed assets and the recoverability of deferred tax assets. - FY2022-Q2First statedAnnual report
「For sales at its food-service outlets during the fiscal year, the company expects to offset the impact by promoting takeout, souvenir products, EC sales and other measures, and by devising ways to increase advance reservations. It expects sales from individual customers to recover to the same level as in previous years during the second half of the fiscal year. Although mobility restrictions and other measures are expected to be eased gradually as COVID-19 vaccines become more widespread, the company expects inbound, group and corporate demand to require time to recover, through the end of the fiscal year. Sales in the retail business are expected to remain stable, as the impact is expected to be limited due to increased EC sales. In the cultural business, the company expects average spending per customer to rise following the sale of special tickets commemorating the 25th anniversary, but expects group demand to require time to recover, through the end of the fiscal year. The company prepared its accounting estimates on the assumption that COVID-19 would subside from April 2022 and that sales would return to the same level as in previous years.」
For the food-service, retail and cultural businesses, the company prepared accounting estimates based on assumptions about supplementation through EC sales and takeout, recovery in individual demand, and the timing of recovery in inbound, group and corporate demand. The assumption was that COVID-19 would subside from April 2022, with no material change from the end of the previous fiscal year.