Accounting Estimates Based on Assumptions Regarding COVID-19
First written in FY2020. 8 of 13 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2026: 5 of 23 companies on the "Worse" side.
- FY2024DroppedAnnual report
「Uncertainty about the future remains high. If the assumptions need to be revised, for example because the impact of higher prices resulting from the prolonged situation in Ukraine or exchange-rate fluctuations continues for an extended period, estimates of future cash flows may be affected, potentially resulting in the recognition of an impairment loss in the following consolidated fiscal year.」
In the current fiscal year, the significant accounting estimates no longer include the previous assumption that the impact of COVID-19 would continue; instead, higher prices resulting from the situation in Ukraine and exchange-rate fluctuations are identified as the primary uncertainties. - FY2023Accounting-estimate assumptions maintained as the impact trends toward recoveryAnnual report
「Although COVID-19 has been reclassified under the Infectious Diseases Act, we assume that a certain level of impact will continue due to changes in consumer behavior and other factors.」
The assumption that a certain level of impact would continue due to changes in consumer behavior and other factors after the reclassification under the Infectious Diseases Act was used in estimating impairment of store property, plant and equipment and the recoverability of deferred tax assets. - FY2023-Q3RestatedAnnual report
「There were no material changes to the assumptions concerning the impact of the spread of COVID-19 described in the significant accounting estimates in the annual securities report for the previous fiscal year.」
The disclosure continues to state that there were no material changes to the accounting-estimate assumptions concerning the impact of COVID-19. - FY2023-Q2RestatedAnnual report
「There were no material changes to the assumptions concerning the impact of the spread of COVID-19 described in the significant accounting estimates in the annual securities report for the previous fiscal year.」
The disclosure continues to state that there were no material changes to the accounting-estimate assumptions concerning the impact of COVID-19. - FY2023-Q1RestatedAnnual report
「There were no material changes to the assumptions concerning the impact of the spread of COVID-19 described in the significant accounting estimates in the annual securities report for the previous fiscal year.」
The disclosure states that there were no material changes to the accounting-estimate assumption that the impact of COVID-19 would continue. - FY2022Extension of the period covered by accounting-estimate assumptionsAnnual report
「We assume that the impact of COVID-19 on business performance will continue for a certain period during the fiscal year ending March 2023.」
The impact of the pandemic was assumed to continue for a certain period during the fiscal year ending March 2023 and was used in estimating impairment of store property, plant and equipment and the recoverability of deferred tax assets. The period covered was extended from the assumption for the fiscal year ending March 2022. - FY2022-Q3RestatedAnnual report
「There were no material changes to the assumptions concerning the impact of the spread of COVID-19 described in the significant accounting estimates in the annual securities report for the previous fiscal year.」
The disclosure continues to state that there were no material changes to the accounting-estimate assumption that the impact of COVID-19 would continue. - FY2022-Q1RestatedAnnual report
「There were no material changes to the assumptions concerning the impact of the spread of COVID-19 described in the significant accounting estimates in the annual securities report for the previous fiscal year.」
The disclosure states that there were no material changes to the accounting-estimate assumption that the impact of COVID-19 would continue for a certain period during the fiscal year ending March 2022. - FY2021Extension of the period covered by accounting-estimate assumptionsAnnual report
「We assume that the impact of COVID-19 on business performance will continue for a certain period during the fiscal year ending March 2022.」
The assumption that the impact of COVID-19 would continue for a certain period during the fiscal year ending March 2022 was used in estimating impairment of property, plant and equipment and the recoverability of deferred tax assets. - FY2021-Q3RestatedAnnual report
「There have been no significant 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.」
The disclosure states that there were no material changes to the accounting-estimate assumption that the impact of COVID-19 would continue. - FY2021-Q2RestatedAnnual report
「There have been no significant 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.」
The disclosure states that there were no material changes to the accounting-estimate assumption that the impact of COVID-19 would continue. - FY2021-Q1RestatedAnnual report
「There have been no significant 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.」
The disclosure states that there were no material changes to the accounting-estimate assumption that the impact of COVID-19 would continue for a certain period during the fiscal year ending March 2021. - FY2020First statedAnnual report
「Corporate activities have been severely affected by requests to refrain from going out following the declaration of a state of emergency covering all of Japan in response to the spread of COVID-19. We have also assumed that this situation will continue for a certain period during the fiscal year ending March 2021, and have used this assumption in accounting estimates, including the recoverability of deferred tax assets and the assessment of indicators of impairment of property, plant and equipment.」
The disclosure states that the assumption that the impact of COVID-19 would continue for a certain period during the fiscal year ending March 2021 was used in assessing the recoverability of deferred tax assets, indicators of impairment of property, plant and equipment, and other matters.