Application of the Fair Value Measurement Accounting Standard
First written in FY2022-Q1. 1 of 3 entries say "Restated". Latest entry: FY2023-Q1.
18 other companies' latest entry also says "Advanced".
- FY2023-Q1AdvancedAnnual report
「The company applied the Implementation Guidance on Accounting Standard for Fair Value Measurement from the beginning of the first quarter. For certain investment trusts previously carried at acquisition cost as their amounts on the quarterly consolidated balance sheet, the company changed to a method of measuring them at fair value using their reference prices and other indicators. As a result, other investments and other assets increased by ¥110 million, valuation difference on available-for-sale securities increased by ¥76 million, and other fixed liabilities increased by ¥33 million at the end of the first quarter.」
The company newly applied the implementation guidance for the fair value measurement standards and changed the valuation method for certain investment trusts from acquisition cost to fair value. It also disclosed the impact on the financial statements. - FY2022-Q2RestatedAnnual report
「The company applied the Accounting Standard for Fair Value Measurement and other standards from the beginning of the first quarter and will apply the new accounting policies prescribed by those standards prospectively. The application had no impact on the quarterly consolidated financial statements for the six months ended the second quarter.」
The company continued applying the fair value measurement standards and other standards and states that they had no impact on the financial statements for the six months ended the second quarter. - FY2022-Q1First statedAnnual report
「Beginning at the start of the first quarter, we adopted the Accounting Standard for Fair Value Measurement and related standards and will apply the new accounting policies specified by those standards prospectively. The impact of adoption on the quarterly consolidated financial statements for the nine-month period was immaterial.」
The fair-value measurement standards were applied prospectively from the beginning of the first quarter, with an immaterial impact on the financial statements.