Assumptions Regarding Recovery in Business Conditions Based on the Impact of COVID-19 and Risks Associated with Accounting Estimates
First written in FY2021-Q1. 5 of 8 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2026: 3 of 7 companies on the "Worse" side.
12 other companies' latest entry also says "Dropped".
- FY2022DroppedAnnual report
「The following accounting estimates may have a material impact on the Group’s financial position or operating results.」
The accounting-estimate assumption explicitly stated through the previous quarter, that the impact of COVID-19 would continue until a specified period, is not presented independently in the current fiscal year’s disclosure. - FY2022-Q3RestatedAnnual report
「Although the impact of COVID-19 on manufacturing-sector capital investment demand and customer operating rates has been significant to a certain extent, the Company assumes that it will affect the Group’s performance for a certain period during the fiscal year ending March 2022, and has made accounting estimates regarding the valuation of inventories, impairment accounting for fixed assets and the recoverability of deferred tax assets, among other matters. There have been no material changes in the assumptions underlying these accounting estimates since the end of the previous consolidated fiscal year.」
The Company has maintained its assumption that the impact of COVID-19 will continue for a certain period during the fiscal year ending March 2022, and has continued to make estimates regarding inventory valuation, impairment of fixed assets and the recoverability of deferred tax assets. - FY2022-Q2RestatedAnnual report
「Although the impact of COVID-19 on manufacturing-sector capital investment demand and customer operating rates has been significant to a certain extent, the Company assumes that it will affect the Group’s performance for a certain period during the fiscal year ending March 2022, and has made accounting estimates regarding the valuation of inventories, impairment accounting for fixed assets and the recoverability of deferred tax assets, among other matters. There have been no material changes in the assumptions underlying these accounting estimates since the end of the previous consolidated fiscal year.」
The Company has maintained its assumption that the impact of COVID-19 will continue for a certain period during the fiscal year ending March 2022, and has continued to make estimates regarding inventory valuation, impairment of fixed assets and the recoverability of deferred tax assets. - FY2022-Q1RestatedAnnual report
「Although the impact of COVID-19 on manufacturing-sector capital investment demand and customer operating rates has been significant to a certain extent, the Company assumes that it will affect the Group’s performance for a certain period during the fiscal year ending March 2022, and has made accounting estimates regarding the valuation of inventories, impairment accounting for fixed assets and the recoverability of deferred tax assets, among other matters. There have been no material changes in the assumptions underlying these accounting estimates since the end of the previous consolidated fiscal year.」
The Company has maintained its assumption that the impact of COVID-19 will continue for a certain period during the fiscal year ending March 2022, and has continued to make estimates regarding inventory valuation, impairment of fixed assets and the recoverability of deferred tax assets. - FY2021WorsenedAnnual report
「Although the impact of COVID-19 on manufacturing-sector capital investment demand and customer operating rates has been significant to a certain extent, the Company assumes that it will affect the Group’s performance for a certain period during the fiscal year ending March 2022, and has made accounting estimates regarding the valuation of inventories, impairment accounting for fixed assets and the recoverability of deferred tax assets, among other matters.」
The assumption has changed from the previous assumption of “a recovery in the second half of the fiscal year after conditions reached a trough in the first quarter of the fiscal year ending March 2021” to the assumption that the impact will continue for a certain period during the fiscal year ending March 2022. - FY2021-Q3RestatedAnnual report
「The Company assumes that conditions in global manufacturing will gradually recover toward the second half of the fiscal year, after reaching a trough in the first quarter of the fiscal year ending March 2021, and has made accounting estimates regarding the valuation of inventories, impairment accounting for fixed assets and the recoverability of deferred tax assets, among other matters. There have been no material changes in the assumptions underlying these accounting estimates since the end of the previous consolidated fiscal year.」
The Company has maintained its assumption of a gradual recovery toward the second half of the fiscal year after conditions reached a trough in the first quarter, and has continued to make estimates regarding inventory valuation, impairment of fixed assets and the recoverability of deferred tax assets. - FY2021-Q2RestatedAnnual report
「Although the spread of COVID-19 has affected capital investment demand in the manufacturing sector and customer operating rates, the Company assumes that conditions in global manufacturing will gradually recover toward the second half of the fiscal year, after reaching a trough in the first quarter of the fiscal year ending March 2021, and has made accounting estimates regarding the valuation of inventories, impairment accounting for fixed assets and the recoverability of deferred tax assets, among other matters. There have been no material changes in the assumptions underlying these accounting estimates since the end of the previous consolidated fiscal year.」
The Company has maintained its assumption of a gradual recovery toward the second half of the fiscal year after conditions reached a trough in the first quarter, and has continued to make estimates regarding inventory valuation, impairment of fixed assets and the recoverability of deferred tax assets. - FY2021-Q1First statedAnnual report
「Although the spread of COVID-19 has affected capital investment demand in the manufacturing sector and customer operating rates, the Company assumes that conditions in global manufacturing will gradually recover toward the second half of the fiscal year, after reaching a trough in the first quarter of the fiscal year ending March 2021, and has made accounting estimates regarding the valuation of inventories, impairment accounting for fixed assets and the recoverability of deferred tax assets, among other matters.」
Amid the impact of COVID-19, the Company newly disclosed the risk of making accounting estimates for inventory valuation, impairment of fixed assets and the recoverability of deferred tax assets based on the assumption of a gradual recovery toward the second half of the fiscal year after conditions reached a trough in the first quarter of the fiscal year ending March 2021.