Accounting estimates based on assumptions regarding COVID-19
First written in FY2020. 9 of 13 entries say "Restated". Latest entry: FY2025-H1.
- FY2025-H1RestatedAnnual report
「There have been no material changes to the accounting estimates and the assumptions used in those estimates described under “Management's Analysis of Financial Position, Operating Results and Cash Flows” in the securities report for the previous fiscal year.」
No material changes have been made since the previous fiscal year to the accounting estimates or their underlying assumptions. - FY2024-Q3RestatedAnnual report
「There have been no material changes to the accounting estimates and the assumptions used in those estimates described under “Management's Analysis of Financial Position, Operating Results and Cash Flows” in the securities report for the previous fiscal year.」
No material changes have been made since the previous fiscal year to the accounting estimates or their underlying assumptions. - FY2023Changed to an assumption of no impact from the pandemicAnnual report
「In light of the reclassification of COVID-19 under the Infectious Diseases Control Law from “equivalent to Category II” to “Category V” and recent trends in the number of infected people, we have assumed that COVID-19 will have no material impact.」
The assumption was changed from one based on prolonged pandemic-related impacts to one that assumes no material impact, taking into account the move to Category V and trends in the number of infected people. - FY2023-Q3RestatedAnnual report
「There were no material changes in the assumptions described under “Significant Accounting Estimates” in the securities report for the previous consolidated fiscal year regarding accounting estimates relating to the impact of the spread of COVID-19.」
The company states that there have been no material changes from the previous consolidated fiscal year in the accounting estimates based on assumptions regarding the impact of the pandemic. - FY2023-Q2RestatedAnnual report
「There were no material changes in the assumptions described under “Significant Accounting Estimates” in the securities report for the previous consolidated fiscal year regarding accounting estimates relating to the impact of the spread of COVID-19.」
The company states that there have been no material changes from the previous consolidated fiscal year in the accounting estimates based on assumptions regarding the impact of the pandemic. - FY2023-Q1RestatedAnnual report
「There were no material changes in the assumptions described under “Significant Accounting Estimates” in the securities report for the previous consolidated fiscal year regarding accounting estimates relating to the impact of the spread of COVID-19.」
The company states that there have been no material changes from the previous consolidated fiscal year in the accounting estimates based on assumptions regarding the impact of the pandemic. - FY2022RestatedAnnual report
「Taxable income is estimated based on the budget approved by the Board of Directors. A key assumption used in preparing the budget is that the impact of COVID-19 will continue to a certain extent from the next consolidated fiscal year onward.」
The recoverability of deferred tax assets is being estimated based on the assumption that the impact of the pandemic will continue to a certain extent from the next consolidated fiscal year onward. - FY2022-Q3RestatedAnnual report
「There were no material changes in the assumptions described under “Significant Accounting Estimates” in the securities report for the previous consolidated fiscal year regarding accounting estimates relating to the impact of the spread of COVID-19.」
The company states that there have been no material changes from the previous consolidated fiscal year in the accounting estimates based on assumptions regarding the impact of the pandemic. - FY2022-Q2RestatedAnnual report
「There were no material changes in the assumptions described under “Significant Accounting Estimates” in the securities report for the previous consolidated fiscal year regarding accounting estimates relating to the impact of the spread of COVID-19.」
The company states that there have been no material changes from the previous consolidated fiscal year in the accounting estimates based on assumptions regarding the impact of the pandemic. - FY2022-Q1RestatedAnnual report
「There were no material changes in the assumptions described under “Significant Accounting Estimates” in the securities report for the previous consolidated fiscal year regarding accounting estimates relating to the impact of the spread of COVID-19.」
The company states that there have been no material changes from the previous consolidated fiscal year in the accounting estimates based on assumptions regarding the impact of the pandemic. - FY2021Estimates based on the assumption that the impact of the pandemic will be prolongedAnnual report
「Taxable income is estimated based on the budget approved by the Board of Directors. A key assumption used in preparing the budget is that the impact of COVID-19 will continue to a certain extent from the next consolidated fiscal year onward.」
The recoverability of deferred tax assets is being estimated based on the assumption that the impact of the pandemic will continue to a certain extent from the next consolidated fiscal year onward. - FY2021-Q3Changes in accounting assumptionsAnnual report
「We have changed, in light of recent circumstances, the assumptions stated in the “Additional Information” section of the securities report for the previous consolidated fiscal year, including those concerning when the COVID-19 pandemic would subside. The approach after the change is as follows. Regarding the impact of COVID-19, we have assumed that it will continue to have an impact beyond the fiscal year ending March 2021 and have made accounting estimates, including the recoverability of deferred tax assets.」
The assumption was changed to reflect that the impact of COVID-19 would extend beyond the fiscal year ending March 2021, and accounting estimates, including the recoverability of deferred tax assets, are being made. - FY2020First statedAnnual report
「Assuming that the current social disruption would have largely subsided by the middle of the fiscal year ending March 2021 and that normal social life and economic activity could be restored, we made accounting estimates, including the recoverability of deferred tax assets and impairment of fixed assets.」
The company disclosed for the first time its accounting treatment of estimates, including the recoverability of deferred tax assets and impairment of fixed assets, based on an assumption regarding when the COVID-19 pandemic would subside.