Accounting Estimates Based on Assumptions Regarding COVID-19
First written in FY2020. 9 of 12 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2026: 5 of 23 companies on the "Worse" side.
- FY2024DroppedAnnual reportIn the FY2024 annual report, no separate disclosure of accounting estimates and assumptions based on the impact of COVID-19 could be identified, unlike in previous reports.
- FY2023RestatedAnnual report
「The Group assumes that, although the impact of COVID-19 will remain at certain consolidated subsidiaries into and beyond the next consolidated fiscal year, a gradual recovery will occur, and is making accounting estimates including impairment of fixed assets and the recoverability of deferred tax assets.」
The company is using the assumption in its accounting estimates that, although the impact of the infection will remain at certain subsidiaries, a gradual recovery will occur. - FY2023-Q3RestatedAnnual report
「There were no material changes from the information provided in the “Additional Information” section of the securities report for the previous consolidated fiscal year regarding accounting estimates concerning the impact of the spread of COVID-19 during the third quarter of the current consolidated fiscal year and the assumptions used in those estimates.」
The company stated that there were no material changes from the previous fiscal year in the accounting estimates and assumptions concerning the impact of the infection. - FY2023-Q2RestatedAnnual report
「There were no material changes from the information provided in the “Additional Information” section of the securities report for the previous consolidated fiscal year regarding accounting estimates concerning the impact of the spread of COVID-19 during the second quarter of the current consolidated fiscal year and the assumptions used in those estimates.」
The company stated that there were no material changes from the previous fiscal year in the accounting estimates and assumptions concerning the impact of the infection. - FY2023-Q1RestatedAnnual report
「There were no material changes from the information provided in the “Additional Information” section of the securities report for the previous consolidated fiscal year regarding accounting estimates concerning the impact of the spread of COVID-19 during the first quarter of the current consolidated fiscal year and the assumptions used in those estimates.」
The company stated that there were no material changes from the previous fiscal year in the accounting estimates and assumptions concerning the impact of the infection. - FY2022RestatedAnnual report
「The Group is currently unable to predict the future spread or containment of COVID-19. However, based on the assumption that its impact on the Group will continue for a certain period into and beyond the next consolidated fiscal year but will gradually recover, the Group is making accounting estimates including impairment of fixed assets and the recoverability of deferred tax assets.」
The company is using the assumption in its accounting estimates that, although the impact of the infection will continue for a certain period into and beyond the next fiscal year, it will gradually recover. - FY2022-Q3RestatedAnnual report
「Although the timing of the containment of COVID-19 remains uncertain and there are many uncertainties regarding its impact on the Group, there were no material changes from the information provided in the “Additional Information” section of the securities report for the previous consolidated fiscal year regarding accounting estimates concerning the impact of the spread of COVID-19 during the third quarter of the current consolidated fiscal year and the assumptions used in those estimates.」
The company stated that, while the timing of the containment of COVID-19 remained uncertain, there were no material changes from the previous fiscal year in its accounting estimates and assumptions. - FY2022-Q2RestatedAnnual report
「There were no material changes from the information provided in the “Additional Information” section of the securities report for the previous consolidated fiscal year regarding accounting estimates concerning the impact of the spread of COVID-19 during the second quarter of the current consolidated fiscal year and the assumptions used in those estimates.」
The company stated that there were no material changes from the previous fiscal year in the accounting estimates and assumptions concerning the impact of COVID-19. - FY2022-Q1RestatedAnnual report
「There were no material changes from the information provided in the “Additional Information” section of the securities report for the previous consolidated fiscal year regarding accounting estimates concerning the impact of the spread of COVID-19 during the first quarter of the current consolidated fiscal year and the assumptions used in those estimates.」
The company stated that there were no material changes from the previous fiscal year in the accounting estimates and assumptions concerning the impact of COVID-19. - FY2021-Q3ReframedAnnual report
「In the “Additional Information” section of the securities report for the previous consolidated fiscal year, the Group had assumed that the impact of the spread of COVID-19 would generally recover in approximately six months. However, as there were still no signs of containment during the third quarter of the current consolidated fiscal year, the Group changed the assumption for certain consolidated subsidiaries to one in which the impact would continue into and beyond the fiscal year ending March 2022, and made accounting estimates including the recoverability of deferred tax assets and impairment of fixed assets.」
The assumption was changed for certain consolidated subsidiaries from the previous assumption of “recovery in approximately six months” to one in which the impact would continue into and beyond the fiscal year ending March 2022. - FY2021-Q1RestatedAnnual report
「There were no material changes from the information provided in the “Additional Information” section of the securities report for the previous consolidated fiscal year regarding accounting estimates concerning the impact of the spread of COVID-19 during the first quarter of the current consolidated fiscal year and the assumptions used in those estimates.」
The company stated that there were no material changes from the previous consolidated fiscal year in the accounting estimates and assumptions established regarding the impact of COVID-19. - FY2020First statedAnnual report
「The company has reflected in its accounting treatment estimates based on the assumption that, although the impact of the spread of COVID-19 on the Group varies by business, the businesses affected will generally recover in approximately six months.」
Regarding the impact of COVID-19, the company disclosed for the first time that it had reflected the assumption of recovery in approximately six months in accounting estimates, including the recoverability of deferred tax assets and impairment of fixed assets.