Accounting Estimates Reflecting the Impact of COVID-19
First written in FY2020-Q3. 8 of 10 entries say "Restated". Latest entry: FY2022.
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- FY2022DroppedAnnual report
「There are no items recognized in the consolidated financial statements for the current consolidated fiscal year based on accounting estimates that could have a material impact on the consolidated financial statements for the following consolidated fiscal year.」
The company has discontinued separately identifying the accounting estimates based on the assumption of COVID-19 that had been disclosed previously, determining that there are no material estimation items for the current year that could have a material impact. - FY2022-Q3RestatedAnnual report
「There has been no material change in the assumptions concerning the impact of COVID-19 described in the significant accounting estimates section of the annual securities report for the previous consolidated fiscal year.」
The Company reaffirmed that there were no material changes from the previous fiscal year in the assumptions underlying accounting estimates regarding the impact of COVID-19. - FY2022-Q2RestatedAnnual report
「There has been no material change in the assumptions concerning the impact of COVID-19 described in the significant accounting estimates section of the annual securities report for the previous consolidated fiscal year.」
The Company reaffirmed that there were no material changes from the previous fiscal year in the assumptions underlying accounting estimates regarding the impact of COVID-19. - FY2022-Q1RestatedAnnual report
「There has been no material change in the assumptions concerning the impact of COVID-19 described in the significant accounting estimates section of the annual securities report for the previous consolidated fiscal year.」
The Company reaffirmed that there were no material changes from the previous fiscal year in the assumptions underlying accounting estimates regarding the impact of COVID-19. - FY2021RestatedAnnual report
「The company has determined whether impairment losses should be recognized based on information available as of the end of the current consolidated fiscal year, assuming that the impact of COVID-19 will continue through the following consolidated fiscal year.」
The company continues to make accounting estimates regarding whether fixed-asset impairment is required, based on the assumption that the impact of the infection will continue into the following consolidated fiscal year. - FY2021-Q3RestatedAnnual report
「There have been no material changes from the assumptions, including the expected timing of the containment of COVID-19, described in the additional information section of the annual securities report for the previous consolidated fiscal year.」
The company has reaffirmed that there have been no material changes from the previous year in the assumptions underlying its accounting estimates, including the expected timing of the containment of COVID-19. - FY2021-Q2RestatedAnnual report
「There have been no material changes from the assumptions, including the expected timing of the containment of COVID-19, described in the additional information section of the annual securities report for the previous consolidated fiscal year.」
The company has reaffirmed that there have been no material changes from the previous year in the assumptions underlying its accounting estimates, including the expected timing of the containment of COVID-19. - FY2021-Q1RestatedAnnual report
「There have been no material changes from the assumptions, including the expected timing of the containment of COVID-19, described in the additional information section of the annual securities report for the previous consolidated fiscal year.」
The company has reaffirmed that there have been no material changes from the previous year in the assumptions underlying its accounting estimates, including the expected timing of the containment of COVID-19. - FY2020RestatedAnnual report
「Accordingly, when making accounting estimates, including determining whether impairment losses on fixed assets should be recognized and assessing the recoverability of deferred tax assets, the company has made its determinations based on information available as of the end of the current consolidated fiscal year, assuming that conditions will recover from the end of the following consolidated fiscal year onward.」
In light of the impact of COVID-19, the company continues to estimate fixed-asset impairment and the recoverability of deferred tax assets based on the assumption that conditions will recover from the end of the following consolidated fiscal year onward. - FY2020-Q3First statedAnnual report
「Accordingly, when making accounting estimates, including determining whether impairment losses on fixed assets should be recognized and assessing the recoverability of deferred tax assets, the company has made its determinations based on information available as of the end of the third quarter of the current consolidated fiscal year, assuming that conditions will recover from the end of the current consolidated fiscal year onward.」
In light of the impact of COVID-19, the company has for the first time described a process of estimating whether fixed-asset impairment is required and whether deferred tax assets are recoverable, based on the assumption that conditions will recover after fiscal year-end.