Estimates of Fixed Asset Impairment and Deferred Tax Assets Based on COVID-19 Assumptions
First written in FY2021-Q1. 3 of 8 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2026: 3 of 7 companies on the "Worse" side.
33 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The estimate for the effects of COVID-19 assumes a gradual recovery.」
The company continues to assume a gradual recovery from the effects of COVID-19 in its accounting estimates concerning the recoverability of deferred tax assets. - FY2023-Q2RestatedAnnual report
「There have been no material changes to the disclosures on significant accounting policies and estimates in “Management’s Discussion and Analysis of Financial Position, Operating Results and Cash Flows” in the securities report for the previous consolidated fiscal year.」
The company states that there have been no material changes from the previous consolidated fiscal year in the assumptions used for significant accounting policies and estimates. - FY2022Update to the recovery assumption used in accounting estimatesAnnual report
「The estimate for the effects of COVID-19 assumes a gradual recovery.」
The company explicitly assumes a gradual recovery from the effects of COVID-19 in its accounting estimates concerning impairment of fixed assets and the recoverability of deferred tax assets. - FY2022-Q1RestatedAnnual report
「There have been no material changes to the assumptions concerning the impact of the spread of COVID-19 described in the “Additional Information” section of the securities report for the previous consolidated fiscal year, under “Approach to the Impact of COVID-19 When Making Accounting Estimates.”」
The Company stated that there had been no material changes since the previous consolidated fiscal year in the assumptions for accounting estimates made in light of the impact of COVID-19. - FY2021Update to the timing assumptions used in accounting estimatesAnnual report
「We have returned to normal operations and are making accounting estimates, including impairment of fixed assets and the recoverability of deferred tax assets, based on the assumption that no classroom closures will occur from March 2021 onward.」
The company has updated its accounting-estimate assumption that no classroom closures will occur from “December onward” in the previous quarter to “March 2021 onward.” - FY2021-Q3Update to the timing assumptions used in accounting estimatesAnnual report
「We have returned to normal operations and are making accounting estimates, including impairment of fixed assets and the recoverability of deferred tax assets, based on the assumption that no classroom closures will occur from December onward.」
The company has updated its accounting assumption that no classroom closures will occur from “September onward” in the second quarter to “December onward.” - FY2021-Q2Update to the timing assumptions used in accounting estimatesAnnual report
「We have returned to normal operations and are making accounting estimates, including impairment of fixed assets and the recoverability of deferred tax assets, based on the assumption that no classroom closures will occur from September onward.」
The company has updated its assumption from “no classroom closures from June onward” in the first quarter to “no classroom closures from September onward.” - FY2021-Q1First statedAnnual report
「Although the effects of refraining from going out and other measures are expected to continue for the time being, we are making accounting estimates, including impairment of fixed assets and the recoverability of deferred tax assets, based on the assumption that no classroom closures will occur from June onward.」
While expecting the effects of COVID-19 to continue for the time being, the company assumes that no classroom closures will occur from June onward and is estimating impairment of fixed assets and the recoverability of deferred tax assets.