Accounting Policies for the Fair Value Measurement of Crypto Assets and Recognition of Trading Gains and Losses
First written in FY2018-Q2. 1 of 2 entries say "Achieved", first in FY2019-Q1. Latest entry: FY2019-Q1.
The whole theme swung hardest in 2020: 1 of 8 companies on the "Worse" side.
0 other companies' latest entry also says "Achieved".
- FY2019-Q1AchievedAnnual report
「This policy has been applied since the first quarter of the current consolidated fiscal year. Of the cryptocurrencies held by the Group, those with an active market are recognised on the consolidated balance sheet at amounts based on market prices, with the difference from their carrying amounts recognised as revenue. Cryptocurrencies without an active market are recognised on the consolidated balance sheet at acquisition cost. If their estimated disposal value at the end of the period is below acquisition cost, they are recognised on the consolidated balance sheet at that estimated disposal value, with the difference between acquisition cost and the estimated disposal value recognised as revenue.」
The policy for cryptocurrency valuation and recognition of gains and losses based on whether an active market exists was applied in practice from the first quarter of the current fiscal year. - FY2018-Q2First statedAnnual report
「Items with an active market: fair-value method (cost of sales is calculated using the moving-average method); items without an active market: cost method using the moving-average method」
The company specified the valuation methods for cryptocurrencies as either the fair-value method or the moving-average cost method, depending on whether an active market exists.