Accounting Estimates Based on the Assumed Impact of COVID-19
First written in FY2020. . Latest entry: FY2021-Q3.
The whole theme swung hardest in 2026: 3 of 7 companies on the "Worse" side.
2 other companies' latest entry also says "Other".
- FY2021-Q3Updated the period over which the impact of COVID-19 is expected to persist to the fourth quarter onwardAnnual report
「The Group prepares accounting estimates, including those related to impairment accounting for fixed assets, based on information available when preparing the quarterly consolidated financial statements. The Group’s accounting estimates are based on the assumption that the impact of COVID-19 will continue beyond the fourth quarter, particularly in the logistics business.」
The assumption concerning the period over which the impact of COVID-19 is expected to persist was updated from “beyond the third quarter” to “beyond the fourth quarter.” - FY2021-Q2Updated the period over which the impact of COVID-19 is expected to persist to the third quarter onwardAnnual report
「The Group prepares accounting estimates, including those related to impairment accounting for fixed assets, based on information available when preparing the quarterly consolidated financial statements. The Group’s accounting estimates are based on the assumption that the impact of COVID-19 will continue beyond the third quarter, particularly in the logistics business.」
The description of the period over which the impact of COVID-19 is expected to persist was updated from the previous assumption of “beyond the second quarter” to the current assumption that it will continue beyond the third quarter, particularly in the logistics business. - FY2021-Q1Updated the assumption to reflect that the impact of COVID-19 will continue beyond the second quarterAnnual report
「The Group prepares accounting estimates, including those related to impairment accounting for fixed assets, based on information available when preparing the quarterly consolidated financial statements. The Group’s accounting estimates are based on the assumption that the impact of COVID-19 will continue beyond the second quarter, particularly in the logistics business.」
The assumption concerning the impact of COVID-19 was updated from the previous assumption that the impact would continue through the end of the second quarter and subside from the third quarter onward to an assumption that the impact would continue beyond the second quarter, particularly in the logistics business. - FY2020First statedAnnual report
「The Company’s accounting estimates are based on the assumption that the impact of COVID-19 on the Group will continue through the end of the second quarter of the fiscal year ending March 2021 and subside from the third quarter onward.」
For estimates related to impairment accounting for fixed assets and other matters, the Company assumed that the impact of COVID-19 would continue through the end of the second quarter of the fiscal year ending March 2021 and then subside.