Uncertainty in Accounting Estimates Related to COVID-19
First written in FY2021-Q3. 7 of 9 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 5 of 22 companies on the "Worse" side.
- FY2025DroppedAnnual reportFor FY2025, no standalone disclosure was identified concerning the uncertainty of accounting estimates based on assumptions regarding COVID-19.
- FY2023RestatedAnnual report
「Although it is difficult to accurately predict when the COVID-19 pandemic will subside and other related matters, its impact on our Group's business activities to date has been limited, and we believe that circumstances have not arisen requiring major changes to the factors underlying our Group's estimates.」
While stating that it is difficult to predict when the infectious disease outbreak will subside, it continues to treat its impact on business activities as limited and the assumptions underlying accounting estimates as having undergone no major changes. - FY2023-Q3RestatedAnnual report
「There have been no material changes to the assumptions concerning the impact of COVID-19 described in the additional information to the securities report for the previous consolidated fiscal year.」
It continues to treat the assumptions underlying accounting estimates concerning the impact of infectious diseases as having undergone no material changes. - FY2023-Q1RestatedAnnual report
「There have been no material changes to the assumptions concerning the impact of COVID-19 described in the additional information to the securities report for the previous consolidated fiscal year.」
It continues to treat the assumptions underlying accounting estimates concerning the impact of infectious diseases as having undergone no material changes. - FY2022-Q3RestatedAnnual report
「There have been no material changes to the assumptions concerning the impact of COVID-19 described in the additional information to the securities report for the previous consolidated fiscal year.」
It continues to treat the assumptions underlying accounting estimates concerning the impact of infectious diseases as having undergone no material changes. - FY2022-Q2RestatedAnnual report
「There have been no material changes to the assumptions concerning the impact of COVID-19 described in the additional information to the securities report for the previous consolidated fiscal year.」
It states that there have been no material changes to the assumptions underlying accounting estimates concerning the impact of infectious diseases. - FY2022-Q1RestatedAnnual report
「There have been no material changes to the assumptions concerning the impact of COVID-19 described in the additional information to the securities report for the previous consolidated fiscal year.」
It states that there have been no material changes to the assumptions underlying accounting estimates concerning the impact of infectious diseases. - FY2021RestatedAnnual report
「Accordingly, the company is currently making accounting estimates, including the recoverability of deferred tax assets and the valuation of goodwill, on the assumption that relevant conditions will remain at the same level as under normal conditions. Because there are many uncertainties regarding the impact of COVID-19, the company's financial position and operating results could be materially affected depending on how the situation develops.」
While valuing deferred tax assets and goodwill on the assumption that the impact of COVID-19 will be limited, the company continues to state that its financial position and operating results could be materially affected depending on the circumstances. - FY2021-Q3First statedAnnual report
「It remains difficult to accurately predict when COVID-19 will be contained. In this situation, the company is making accounting estimates after taking into account operating conditions around the end of the previous consolidated fiscal year, but believes that the impact of the spread of COVID-19 has not reached a level requiring a major change in the assumptions underlying the group's estimates. If economic conditions deteriorate, this could affect performance. At present, however, the company is making accounting estimates, including the recoverability of deferred tax assets and the valuation of goodwill, on the assumption that relevant conditions will remain at the same level as under normal conditions.」
The company explicitly discloses as a new topic that it is making accounting estimates, including the recoverability of deferred tax assets and the valuation of goodwill, on the assumption that the timing of the containment of COVID-19 cannot be accurately predicted.