Uncertainty in Accounting Estimates Relating to the Impact of COVID-19
First written in FY2021-Q1. 8 of 10 entries say "Restated". Latest entry: FY2023-Q3.
The whole theme swung hardest in 2026: 5 of 22 companies on the "Worse" side.
- FY2023-Q3RestatedAnnual report
「There have been no material changes to the assumptions described in the securities report for the previous consolidated fiscal year under (Additional Information) (Accounting Estimates Related to the Impact of the Spread of COVID-19), including assumptions about how COVID-19 will spread in the future and when it will subside.」
The company has reconfirmed that there have been no material changes in the assumptions underlying accounting estimates, including those concerning the future spread of COVID-19 and the timing of its subsidence. - FY2023-Q2RestatedAnnual report
「There have been no material changes to the assumptions described in the securities report for the previous consolidated fiscal year under (Additional Information) (Accounting Estimates Related to the Impact of the Spread of COVID-19), including assumptions about how COVID-19 will spread in the future and when it will subside.」
The company has reconfirmed that there have been no material changes in the assumptions underlying accounting estimates concerning the future spread of COVID-19, the timing of its subsidence and other factors. - FY2023-Q1RestatedAnnual report
「There have been no material changes to the assumptions described in the securities report for the previous consolidated fiscal year under (Additional Information) (Accounting Estimates Related to the Impact of the Spread of COVID-19), including assumptions about how COVID-19 will spread in the future and when it will subside.」
The company has reconfirmed that there have been no material changes in the assumptions underlying accounting estimates concerning the spread of COVID-19, the timing of its subsidence and other factors. - FY2022RestatedAnnual report
「As the spread of COVID-19 and the outlook for when it will subside remain uncertain, including the possibility of a renewed increase after temporarily subsiding, and COVID-19 is expected to continue affecting performance, actual results may differ from these estimates.」
The situation remains one in which the renewed spread of COVID-19 and the timing of its subsidence are uncertain and accounting estimates may differ from actual results. - FY2022-Q3RestatedAnnual report
「There have been no material changes to the assumptions described in the securities report for the previous consolidated fiscal year under (Additional Information) (Accounting Estimates Related to the Impact of the Spread of COVID-19), including assumptions about how COVID-19 will spread in the future and when it will subside.」
The company has reconfirmed that there have been no material changes in the assumptions underlying accounting estimates, including those concerning the future spread of COVID-19 and the timing of its subsidence. - FY2022-Q2RestatedAnnual report
「There have been no material changes to the assumptions described in the securities report for the previous consolidated fiscal year under (Additional Information) (Accounting Estimates Related to the Impact of the Spread of COVID-19), including assumptions about how COVID-19 will spread in the future and when it will subside.」
The company states that there have been no material changes in the assumptions underlying accounting estimates concerning the spread of COVID-19, the timing of its subsidence and other factors. - FY2021RestatedAnnual report
「In the retail business, demand for at-home meals temporarily increased, partly because of requests to refrain from going out under the state of emergency. Accordingly, the Group has made accounting estimates, including impairment accounting for fixed assets, based on the assumption that the impact of COVID-19 will continue for a certain period of the following consolidated fiscal year. However, as the spread of COVID-19 and the outlook for when it will subside remain uncertain, and its performance is expected to continue to be affected, actual results may differ from these estimates.」
In light of increased demand for at-home meals, the company is making accounting estimates based on the assumption that the impact of COVID-19 will continue for a certain period of the following consolidated fiscal year, while stating that the timing of its subsidence and other factors remain uncertain. - FY2021-Q3RestatedAnnual report
「The spread of COVID-19 has affected the Group's business activities, including their continuation under stringent preventive measures. Although the Group expects COVID-19 to continue affecting its performance, the spread of COVID-19 and the outlook for when it will subside remain uncertain. As it is currently difficult for the Group to reasonably estimate the impact of COVID-19, accounting estimates, including impairment accounting for fixed assets, are made based on figures that do not assume such impact, using information available when preparing the quarterly consolidated financial statements.」
The company continues to state its policy of making impairment accounting for fixed assets and other estimates based on figures that do not assume the impact of COVID-19, because the timing of its subsidence and other factors remain uncertain, making it difficult to reasonably estimate the impact. - FY2021-Q2WorsenedAnnual report
「The spread of COVID-19 has affected the Group's business activities, including their continuation under stringent preventive measures even after the state of emergency was lifted. Although the Group expects COVID-19 to continue affecting its performance, the spread of COVID-19 and the outlook for when it will subside remain uncertain.」
The company has added that business activities continued to be affected by COVID-19 even after the state of emergency was lifted, that performance is expected to remain affected, and that the spread of the infection and the timing of its subsidence remain uncertain. - FY2021-Q1First statedAnnual report
「As it is currently difficult for the Group to reasonably estimate the impact of COVID-19, accounting estimates, including impairment accounting for fixed assets, are made based on figures that do not assume such impact, using information available when preparing the quarterly consolidated financial statements.」
Because the impact of COVID-19 and the outlook for when it will subside remain uncertain, making a reasonable estimate is difficult, so impairment accounting for fixed assets and other estimates are being made based on figures that do not assume the impact of the infection.