Uncertainty in Accounting Estimates and Differences from Actual Results
First written in FY2018. 9 of 13 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2020: 4 of 21 companies on the "Worse" side.
19 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「These estimates and judgments are made based on various factors considered reasonable in light of past results and circumstances, and actual results may differ from them.」
The Company continues to state that accounting estimates and judgments may differ from actual results. - FY2024-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes in the uncertainty surrounding differences between accounting estimates and actual results. - FY2023MitigatedAnnual report
「Based on information available at the end of the current consolidated fiscal year, we assume that the impact of COVID-19 will remain limited during and after the following consolidated fiscal year.」
The Company's assumption concerning the impact of COVID-19 changed from the previous assumption that the impact would continue for a certain period during and after the following consolidated fiscal year to one that the impact would remain limited. - FY2022RestatedAnnual report
「Based on information available at the end of the current consolidated fiscal year, we assume that the impact of COVID-19 will continue for a certain period during the following consolidated fiscal year and then gradually subside.」
The Company continues to use the accounting assumption that the impact of the pandemic will continue for a certain period during the following fiscal year and then gradually subside. - FY2022-Q3RestatedAnnual report
「Based on information available as of the end of the third quarter consolidated accounting period, we assume that the impact of COVID-19 will continue for a certain period during the current consolidated fiscal year and then gradually subside.」
The Company has maintained its assumption that the impact of the pandemic will continue for a certain period during the current fiscal year and then gradually subside, and is making estimates concerning impairment and the recoverability of deferred tax assets, among other matters. - FY2022-Q1RestatedAnnual report
「Based on information available as of the end of the first quarter consolidated accounting period, we assume that the impact of COVID-19 will continue for a certain period during the current consolidated fiscal year and then gradually subside.」
The Company has maintained its assumption that the impact of the pandemic will continue for a certain period during the current consolidated fiscal year and then gradually subside, and is making estimates concerning impairment and the recoverability of deferred tax assets, among other matters. - FY2021RestatedAnnual report
「Based on information available at the end of the current consolidated fiscal year, we assume that the impact of COVID-19 will continue for a certain period during the following consolidated fiscal year and then gradually subside.」
Based on the assumption that the impact of the pandemic will continue for a certain period during the following fiscal year, the Company is making accounting estimates concerning impairment and deferred tax assets, among other matters. - FY2021-Q3WorsenedAnnual report
「However, after comprehensively considering the current situation, in which the end of the pandemic remained unforeseeable, including the reissuance of the state of emergency declaration mainly in major metropolitan areas in January and April 2021, and the situation at the time, we changed our assumption to one under which the impact would continue during the current consolidated fiscal year and persist for a certain period during the following consolidated fiscal year. Accordingly, accounting estimates, including impairment accounting for fixed assets and the recoverability of deferred tax assets, were made based on information available when preparing the quarterly consolidated financial statements.」
In light of the reissuance of the state of emergency declaration and other developments, the Company maintained and specified its assumption that the impact of the pandemic would extend for a certain period not only into the current fiscal year but also into the following fiscal year, and described the resulting uncertainty in its accounting estimates. - FY2021-Q2WorsenedAnnual report
「However, after comprehensively considering the current situation, in which the end of the pandemic remained unforeseeable, including the reissuance of the state of emergency declaration mainly in major metropolitan areas in January 2021, and the situation at the time, we changed our assumption to one under which the impact would continue during the current consolidated fiscal year and persist for a certain period during the following consolidated fiscal year. Accordingly, accounting estimates, including impairment accounting for fixed assets and the recoverability of deferred tax assets, were made based on information available when preparing the quarterly consolidated financial statements.」
The Company changed its assumption concerning the impact of COVID-19 to one under which the impact would extend for a certain period not only into the current consolidated fiscal year but also into the following consolidated fiscal year, increasing the uncertainty in its accounting estimates. - FY2021-Q1RestatedAnnual report
「In the accounting estimates concerning the impact of the spread of COVID-19, there have been no material changes to the assumptions described in the additional information section of the securities report for the previous consolidated fiscal year.」
The Company states that there have been no material changes from the previous fiscal year in the assumptions used for accounting estimates concerning the impact of COVID-19. - FY2019RestatedAnnual report
「These estimates and judgments are made after considering various factors, including the assessment of substantive value, forecasts of future demand and market conditions, the assumptions underlying various statistical figures, and their feasibility. However, because they are based on various factors considered reasonable in light of past results and circumstances, actual results may differ from them.」
The Company continues to state that accounting estimates and judgments may differ from actual results. - FY2019-Q2RestatedAnnual report
「During the six-month period ended the second quarter of the current consolidated fiscal year, there were no new business risks or material changes to the business risks described in the previous fiscal year's Annual Securities Report.」
The Company states that there have been no material changes in the uncertainty surrounding differences between accounting estimates and actual results. - FY2018First statedAnnual report
「These estimates and judgments are made based on various factors considered reasonable in light of past results and circumstances, and actual results may differ from them.」
The Company identifies as a risk the possibility that estimates and judgments regarding reported amounts for assets and liabilities, contingencies, revenue and expenses may differ from actual results.