Uncertainty in Accounting Estimates Associated with the Impact of COVID-19
First written in FY2021-Q1. 5 of 8 entries say "Restated". Latest entry: FY2023-Q1.
The whole theme swung hardest in 2026: 5 of 22 companies on the "Worse" side.
- FY2023-Q1RestatedAnnual report
「There have been no significant changes to the assumptions, including those regarding the impact of COVID-19 and the timing of its resolution, described in “5. Accounting, 1.(1) Consolidated Financial Statements, Notes (Additional Information)” of the annual securities report for the previous consolidated fiscal year.」
It was stated that there were no significant changes to the accounting estimate assumptions concerning the impact of the pandemic and the timing of its resolution. - FY2022RestatedAnnual report
「Although the above estimates were based on information available when the consolidated financial statements were prepared, changes in the spread of COVID-19 or its economic impact could affect the consolidated financial statements for the following consolidated fiscal year and thereafter.」
It continues to be disclosed that the impact of COVID-19 may affect accounting estimates for the following fiscal year and thereafter, while no impairment was deemed necessary. - FY2022-Q3RestatedAnnual report
「There have been no significant changes to the assumptions, including those regarding the impact of COVID-19 and the timing of its resolution, described in “5. Accounting, 1.(1) Consolidated Financial Statements, Notes (Additional Information)” of the annual securities report for the previous consolidated fiscal year.」
It was stated that there were no significant changes to the accounting estimate assumptions concerning the impact of the pandemic and the timing of its resolution. - FY2022-Q2RestatedAnnual report
「There have been no significant changes to the assumptions, including those regarding the impact of COVID-19 and the timing of its resolution, described in “5. Accounting, 1.(1) Consolidated Financial Statements, Notes (Additional Information)” of the annual securities report for the previous consolidated fiscal year.」
It was stated that there were no significant changes to the accounting estimate assumptions concerning the impact of the pandemic and the timing of its resolution. - FY2022-Q1RestatedAnnual report
「There have been no significant changes to the assumptions, including those regarding the impact of COVID-19 and the timing of its resolution, described in “5. Accounting, 1.(1) Consolidated Financial Statements, Notes (Additional Information)” of the annual securities report for the previous consolidated fiscal year.」
It was stated that there were no significant changes to the accounting estimate assumptions concerning the impact of COVID-19 and the timing of its resolution. - FY2021-Q3ReframedAnnual report
「In determining whether impairment was required for securities, we assumed for certain investees, after taking into account the nature of their businesses, that the impact of COVID-19 would remain for a certain period beyond the end of the consolidated fiscal year, and incorporated this assumption into the business plans before making accounting estimates. As a result, we determined that no impairment was necessary during the cumulative third quarter of the fiscal year.」
Accounting estimates were made based on the revised assumption that the impact of COVID-19 would remain for a certain period beyond the end of the consolidated fiscal year. No impairment was deemed necessary in the third quarter. - FY2021-Q2ReframedAnnual report
「In determining whether impairment was required for securities, we assumed for certain investees, after taking into account the nature of their businesses, that the impact of COVID-19 would remain through the end of the fiscal year, and incorporated this assumption into the original business plans before making accounting estimates. As a result, we determined that no impairment was necessary during the interim consolidated accounting period.」
The assumption regarding the resolution of the pandemic’s impact was changed from “approximately 6 months to 1 year” to “remaining through the end of the fiscal year,” and accounting estimates were made accordingly. No impairment was deemed necessary for the interim period. - FY2021-Q1First statedAnnual report
「In determining whether impairment was required for securities, we assumed for certain investees, after taking into account the nature of their businesses, that the impact of COVID-19 would subside over approximately 6 months to 1 year, and incorporated this assumption into the original business plans before making accounting estimates. As a result, we determined that no impairment was necessary during the cumulative first quarter of the fiscal year. Although the estimates were based on information available when the consolidated financial statements were prepared, changes in the spread of COVID-19 or its economic impact could affect the consolidated financial statements for the second quarter and thereafter.」
For certain investees, the need for impairment was assessed based on the assumption that the impact of COVID-19 would subside over approximately 6 months to 1 year. No impairment was deemed necessary in the first quarter, but changes in infection levels or the economic impact could affect the financial statements from the second quarter onward.