Uncertainty in estimating the allowance for doubtful accounts based on assumptions regarding the containment of COVID-19
First written in FY2021-Q1. 10 of 13 entries say "Restated". Latest entry: FY2026.
6 other companies' latest entry also says "Dropped".
- FY2026DroppedAnnual report
「Significant accounting estimates and the assumptions used in making those estimates」
The estimate of the allowance for doubtful accounts based on the previously stated assumption regarding the containment of COVID-19 is not presented as a standalone item in this annual filing. - FY2025-H1RestatedAnnual report
「There were no significant changes from the previous fiscal year's securities report to the descriptions of significant accounting estimates and the assumptions used in those estimates in the section titled “Management's Analysis of Financial Position, Operating Results and Cash Flows.”」
The company states that there have been no material changes in its significant accounting estimates and assumptions, and continues its previous treatment of the allowance for doubtful accounts estimate. - FY2025-Q1RestatedAnnual report
「There were no significant changes from the previous fiscal year's securities report to the descriptions of significant accounting estimates and the assumptions used in those estimates in the section titled “Management's Analysis of Financial Position, Operating Results and Cash Flows.”」
The company states that there have been no material changes in its significant accounting estimates and assumptions, and continues its previous treatment of the estimate of the allowance for doubtful accounts. - FY2024-Q3RestatedAnnual report
「There were no significant changes from the previous fiscal year's securities report to the descriptions of significant accounting estimates and the assumptions used in those estimates in the section titled “Management's Analysis of Financial Position, Operating Results and Cash Flows.”」
The company states that there have been no material changes in its significant accounting estimates and assumptions, and continues its treatment of uncertainty relating to the existing estimate of the allowance for doubtful accounts. - FY2023-Q3RestatedAnnual report
「There have been no material changes to the assumptions, including the timing of the end of the COVID-19 pandemic, described under “Significant Accounting Estimates” in the annual securities report for the previous consolidated fiscal year.」
The company states that there have been no material changes in the assumptions underlying its estimate of the allowance for doubtful accounts, including the assumed timing of COVID-19 containment. - FY2023-Q2RestatedAnnual report
「There have been no material changes to the assumptions, including the timing of the end of the COVID-19 pandemic, described under “Significant Accounting Estimates” in the annual securities report for the previous consolidated fiscal year.」
The company states that there have been no material changes in the assumptions underlying its estimate of the allowance for doubtful accounts, including the assumed timing of COVID-19 containment. - FY2023-Q1RestatedAnnual report
「There have been no material changes to the assumptions, including the timing of the end of the COVID-19 pandemic, described under “Significant Accounting Estimates” in the annual securities report for the previous consolidated fiscal year.」
The company states that there have been no material changes in the assumptions underlying its estimate of the allowance for doubtful accounts, including the assumed timing of COVID-19 containment. - FY2022RestatedAnnual report
「Based on the collection status of receivables subject to repayment moratoria and other such receivables in some countries, we assume that it will still take time for the impact to subside.」
The company maintains its assumption that collecting receivables subject to repayment moratoria and other such receivables will take time, and reflects future credit risk in the allowance for doubtful accounts. - FY2022-Q2RestatedAnnual report
「Based on the collection status of receivables subject to repayment moratoria and other such receivables in some countries, the Group assumes that it will still take time for the impact of COVID-19 to subside. Based on this assumption, the Group anticipates an increase in future credit risk on such receivables and includes it in its estimate of the allowance for doubtful accounts.」
The company continues to assume that collecting receivables subject to repayment moratoria and other such receivables in some countries will take time, and to reflect the expected increase in future credit risk in its estimate of the allowance for doubtful accounts. - FY2022-Q1RestatedAnnual report
「Based on the collection status of receivables subject to repayment moratoria and other such receivables in some countries, the Group assumes that it will still take time for the impact of COVID-19 to subside. Based on this assumption, the Group anticipates an increase in future credit risk on such receivables and includes it in its estimate of the allowance for doubtful accounts.」
The company assumes that collecting receivables subject to repayment moratoria and other such receivables in some countries will take time, and reflects the expected increase in future credit risk in its estimate of the allowance for doubtful accounts. - FY2021-Q3WorsenedAnnual report
「However, repayment moratoria remain in place in some countries, and we assume that the impact of deteriorating receivables collection conditions on receivables subject to repayment moratoria and other such receivables under debtor protection policies will continue until around the second quarter of the following fiscal year. Although the amount represents the best estimate available at present, there is a high degree of uncertainty in the assumptions used for the estimate. If the status of COVID-19 infections or its impact on the economic environment changes, the allowance for doubtful accounts may increase or decrease in the consolidated and quarterly consolidated financial statements after the fiscal year-end.」
Repayment moratoria remain in place in some countries, and the company assumes that the impact of deteriorating receivables collection conditions will continue until around the second quarter of the following fiscal year. The period covered by the highly uncertain estimate has been specified. - FY2021-Q2RestatedAnnual report
「For the impact of the spread of COVID-19, the Group estimates its allowance for doubtful accounts based on certain assumptions, including an expected containment date around the end of fiscal 2020, taking into account the collection status of receivables through the date of preparation of the quarterly consolidated financial statements, debtor protection policies implemented by authorities in each country, and external economic indicators. Although the amount represents the best estimate available at present, there is a high degree of uncertainty in the assumptions used for the estimate. If the status of COVID-19 infections or its impact on the economic environment changes, the allowance for doubtful accounts may increase or decrease in the quarterly consolidated financial statements for the next quarter and thereafter and in the consolidated financial statements.」
The company has restated its assumptions that COVID-19 would be contained around the end of fiscal 2020, its allowance estimates based on receivables collection status, government policies in each country, and external economic indicators, and the high degree of uncertainty in those assumptions. - FY2021-Q1First statedAnnual report
「For the impact of the spread of COVID-19, the Group estimates its allowance for doubtful accounts based on certain assumptions, including an expected containment date around the end of fiscal 2020, taking into account the collection status of receivables through the date of preparation of the quarterly consolidated financial statements, debtor protection policies implemented by authorities in each country, and external economic indicators. Although the amount represents the best estimate available at present, there is a high degree of uncertainty in the assumptions used for the estimate. If the status of COVID-19 infections or its impact on the economic environment changes, the allowance for doubtful accounts may increase or decrease in the quarterly consolidated financial statements for the next quarter and thereafter and in the consolidated financial statements.」
The company estimates its allowance for doubtful accounts based on an assumed COVID-19 containment date around the end of fiscal 2020, taking into account receivables collection status, debtor protection policies in each country, and external economic indicators. It has disclosed as a new standalone topic the possibility that the allowance may increase or decrease because of the high uncertainty in the assumptions and changes in infection levels or the economic environment.