Accounting estimates based on the assumption that the impact of COVID-19 will be prolonged
First written in FY2021. 4 of 6 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2026: 5 of 22 companies on the "Worse" side.
- FY2026-H1RestatedAnnual report
「During the current interim consolidated accounting period, there were no material changes to the accounting estimates and the assumptions used in those estimates described under “Management’s Discussion and Analysis of Financial Condition, Results of Operations and Cash Flows” in the securities report for the previous fiscal year.」
The Company states that there have been no material changes during the interim consolidated accounting period to the accounting estimates and assumptions described in the previous fiscal year. - FY2024ReframedAnnual report
「The Company estimates the recognition of deferred tax assets based on the timing and amount of taxable income expected to arise under future business plans. If the amount or timing of taxable income actually generated differs from the estimates due to significant changes in uncertain future economic conditions or the market environment, the amount of deferred tax assets in the financial statements for the following fiscal year may be materially affected.」
The discussion has expanded from the previous description of accounting estimates based on the assumption that the impact of COVID-19 would be prolonged to include the risk to the recoverability of deferred tax assets based on future business plans, taxable income, and overall economic and market conditions. - FY2024-Q2RestatedAnnual report
「During the second quarter cumulative period, there were no material changes to the accounting estimates and the assumptions used in those estimates described in “Management’s Discussion and Analysis of Financial Position, Operating Results and Cash Flows” in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes to the accounting estimates and assumptions described in the previous fiscal year, including the impact of COVID-19. - FY2023-Q3RestatedAnnual report
「During the third quarter cumulative period, there were no material changes to the accounting estimates and the assumptions used in those estimates described in “Management’s Discussion and Analysis of Financial Position, Operating Results and Cash Flows” in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes to the accounting estimates and assumptions described in the previous fiscal year, including the impact of COVID-19. - FY2023-Q2RestatedAnnual report
「During the second quarter cumulative period, there were no material changes to the accounting estimates and the assumptions used in those estimates described in “Management’s Discussion and Analysis of Financial Position, Operating Results and Cash Flows” in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes to the accounting estimates and assumptions described in the previous fiscal year, including the impact of COVID-19. - FY2021First statedAnnual report
「Based on this assumption, the Company makes accounting estimates, including the recoverability of deferred tax assets. The Company states that the resulting impact on its financial position and operating results is not material at this time.」
The Company changed its assumption to one that the impact of COVID-19 on demand for store sales would continue throughout the following fiscal year and disclosed for the first time that it had made accounting estimates, including the recoverability of deferred tax assets.