Komori
Kin-Ei Corp. (9636) · RiskImpact of Applying Tax Effect Accounting to Asset Retirement Obligations

Uncertainty in Outcomes Arising from Accounting Estimates

First written in FY2018. 8 of 15 entries say "Restated". Latest entry: FY2026.

15entries
9years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseRestatedFY2018 – FY2020RestatedFY2021-Q2 – FY20262018: 120182019: 120192020: 420202021: 220212022: 420222023: 120232024: 020242025: 120252026: 1
Same theme, other companies
Risk of Financial-Statement Fluctuations Associated with Multiple Accounting Estimates and ValuationsA theme 37 companies write about · 37 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2020: 5 of 22 companies on the "Worse" side.

6 other companies' latest entry also says "Other".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 37 companies compared. The sentences above are computed from all 37.
Full recordFilings, disclosures and news, newest first
  1. FY2026Impact of Applying Tax Effect Accounting to Asset Retirement ObligationsAnnual report

    「Net income increased 29.6% from the previous fiscal year to ¥200,279 thousand, reflecting the recording of losses on the disposal of fixed assets as extraordinary losses and, at the end of the fiscal year, the impact of applying tax-effect accounting to certain asset retirement obligations.」

    Disclosed that applying tax-effect accounting to asset retirement obligations affected net income.
  2. FY2025Impact of changes in asset retirement obligation estimates on net incomeAnnual report

    「Net income decreased 0.3% to ¥154,558 thousand, partly due to the impact of changes in the asset retirement obligation estimates at the end of the fiscal year.」

    Disclosed that changes in accounting estimates affected net income.
  3. FY2023RestatedAnnual report

    「The principal items are as follows, although actual results may differ because estimates involve inherent uncertainty.」

    Continues to state that accounting estimates may differ from actual results.
  4. FY2023-Q3RestatedAnnual report

    「The spread of COVID-19 remains difficult to predict. We assumed that these conditions would persist to some extent during the fiscal year ending January 2023. After reflecting this assumption in accounting estimates, including the recoverability of deferred tax assets and impairment accounting for fixed assets, there was no impact on the quarterly financial statements.」

    Continued to reflect in accounting estimates the assumption that the effects of the infectious disease would persist to some extent through the fiscal year ending January 2023, and stated that there was no impact on the financial statements as of that time.
  5. FY2023-Q2RestatedAnnual report

    「We assumed that these conditions would persist to some extent during the fiscal year ending January 2023. After reflecting this assumption in accounting estimates, including the recoverability of deferred tax assets and impairment accounting for fixed assets, there was no impact on the quarterly financial statements.」

    Continued to reflect in accounting estimates the assumption that the effects of COVID-19 would persist to some extent through the fiscal year ending January 2023.
  6. FY2023-Q1Updated the assumption that the effects of the infectious disease will persist through the fiscal year ending January 2023.Annual report

    「We assumed that these conditions would persist to some extent during the fiscal year ending January 2023. After reflecting this assumption in accounting estimates, including the recoverability of deferred tax assets and impairment accounting for fixed assets, there was no impact on the quarterly financial statements.」

    Updated the assumption that the effects of COVID-19 would persist to some extent through the fiscal year ending January 2023 and reflected it in estimates including deferred tax assets and impairment accounting for fixed assets.
  7. FY2022RestatedAnnual report

    「The principal items are as follows, although actual results may differ because estimates involve inherent uncertainty.」

    Continues to state that accounting estimates may differ from actual results.
  8. FY2022-Q3RestatedAnnual report

    「Although the company has made its best estimates based on information available when preparing the quarterly report, if actual developments differ from this assumption, the company’s operating results and financial position may be affected.」

    Continued disclosure of the accounting estimates based on the assumption that the effects of the infectious disease will persist, and the potential impact on operating performance and financial position if actual developments diverge from those estimates.
  9. FY2022-Q1Updated the assumption regarding the continuation of the infection’s impact through the current fiscal yearAnnual report

    「We assumed that this situation would continue to a certain extent during the fiscal year ended January 2022 and reflected that assumption in accounting estimates, including the recoverability of deferred tax assets and impairment accounting for fixed assets. As a result, there was no impact on the financial statements for the current fiscal year.」

    States that the assumption that the impact of the infection would continue to some extent during the current fiscal year was reflected in accounting estimates, and that there was currently no impact on the financial statements.
  10. FY2021-Q3RestatedAnnual report

    「The company assumes that these conditions will remain to some extent until around the middle of the following fiscal year ending January 2022. It reflected this assumption in its accounting estimates, including the recoverability of deferred tax assets and impairment accounting for fixed assets, and as a result there was no impact on the quarterly financial statements.」

    Continues to explain that the impact of the infection would remain until around the middle of the following fiscal year, that this assumption was reflected in accounting estimates, and that there was currently no impact on the financial statements.
  11. FY2021-Q2Specified the period over which the impact would continueAnnual report

    「The company assumes that these conditions will remain to some extent until around the middle of the following fiscal year ending January 2022. It reflected this assumption in its accounting estimates, including the recoverability of deferred tax assets and impairment accounting for fixed assets, and as a result there was no impact on the quarterly financial statements. Although the company has made its best estimates based on information available when preparing the quarterly report, if actual developments differ from this assumption, the company’s operating results and financial position may be affected.」

    Reflected in accounting estimates the assumption that the impact of COVID-19 would remain to some extent until around the middle of the following fiscal year. While stating that there was currently no impact on the financial statements, it continued to describe the potential impact if actual developments diverge from the assumption.
  12. FY2021-Q1WorsenedAnnual report

    「The company assumes that these conditions will continue to some extent for a certain period during the fiscal year ending January 2021 and will gradually recover thereafter. It reflected this assumption in its accounting estimates, including the recoverability of deferred tax assets and impairment accounting for fixed assets, and as a result there was no impact on the quarterly financial statements. Although the company has made its best estimates based on information available when preparing the quarterly report, if actual developments differ from this assumption, the company’s operating results and financial position may be affected.」

    Specifically describes the assumption regarding the duration and timing of recovery from COVID-19 and its reflection in accounting estimates, as well as the potential impact on operating results and financial position if actual developments differ from the assumption.
  13. FY2020RestatedAnnual report

    「Management makes reasonable judgments regarding these estimates based on past results and current conditions, but actual results may differ from the estimates because of the uncertainty inherent in accounting estimates.」

    Continues to state that accounting estimates may differ from actual results.
  14. FY2019RestatedAnnual report

    「Management makes reasonable judgments regarding these estimates based on past results and current conditions, but actual results may differ from the estimates because of the uncertainty inherent in accounting estimates.」

    Continues to state that accounting estimates may differ from actual results.
  15. FY2018First statedAnnual report

    「Management makes reasonable judgments regarding these estimates based on past results and current conditions, but actual results may differ from the estimates because of the uncertainty inherent in accounting estimates.」

    Stated that reported amounts based on accounting policies and estimates may differ from actual results because of estimation uncertainty.
Moved together

None of this company's other threads moved the same way in the same document twice or more.

When this could move next
No upcoming earnings preview for Kin-Ei Corp. yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Uncertainty in Outcomes Arising from Accounting Estimates | Kin-Ei Corp. (9636) | Komori