Assumptions Regarding Demand Recovery amid the Impact of COVID-19
First written in FY2020. 3 of 7 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2025: 2 of 8 companies on the "Worse" side.
13 other companies' latest entry also says "Dropped".
- FY2023DroppedAnnual report
「The following items are considered likely to have a material impact on the consolidated financial statements: a. Receivables for purchase rebates b. Recoverability of deferred tax assets c. Impairment of investments d. Allowance for doubtful accounts」
The accounting estimates based on assumptions regarding when COVID-19 would subside and when demand would recover, which had been described previously, are not included among the material accounting estimates for the current fiscal year. - FY2022-Q2RestatedAnnual report
「There have been no material changes to the assumptions described in the annual securities report for the previous consolidated fiscal year, including assumptions regarding how COVID-19 will spread and when it will subside.」
The company has reconfirmed that there have been no material changes to the accounting assumptions regarding the spread of COVID-19 and when it will subside. - FY2021SoftenedAnnual report
「Due to the impact of COVID-19, various events in Japan have been canceled or postponed, resulting in a substantial decline in demand for printing paper for flyers, pamphlets and other materials. Although the timing of the pandemic's end remains unforeseeable and there are many uncertainties, the company has made accounting estimates assuming that demand will recover gradually in the second half of the fiscal year ending March 2022.」
The assumed timing of demand recovery has been changed from the fourth quarter of the fiscal year ending March 2021 to the second half of the fiscal year ending March 2022. - FY2021-Q3SoftenedAnnual report
「Due to the impact of COVID-19, various events in Japan have been canceled or scaled back one after another, resulting in a substantial decline in demand for printing paper for flyers, pamphlets and other materials. Although the timing of the pandemic's end remains unforeseeable and there are many uncertainties, the company has made accounting estimates assuming that demand will recover in the fourth quarter.」
The assumption has changed from a gradual recovery in demand in the second half of the fiscal year ending March 2021 to a recovery in demand in the fourth quarter, delaying and narrowing the assumed recovery period. - FY2021-Q2RestatedAnnual report
「Due to the impact of COVID-19, various events in Japan have been canceled or postponed, resulting in a substantial decline in demand for printing paper for flyers, pamphlets and other materials. Although the timing of the pandemic's end remains unforeseeable and there are many uncertainties, the company has made accounting estimates assuming that demand will recover gradually in the second half of the fiscal year ending March 2021.」
The company continues to make accounting estimates assuming that demand will recover gradually in the second half of the fiscal year ending March 2021. - FY2021-Q1RestatedAnnual report
「There have been no material changes to the assumptions described in the annual securities report for the previous consolidated fiscal year, including assumptions regarding how COVID-19 will spread and when it will subside.」
The company continues to use the previous year's accounting assumptions regarding the spread of COVID-19 and when it will subside. - FY2020First statedAnnual report
「The company has made accounting estimates assuming that demand will recover gradually in the second half of the fiscal year ending March 2021.」
As an accounting estimate regarding the impact of COVID-19, the company assumes a gradual recovery in demand for printing paper in the second half of the fiscal year ending March 2021.