Soiken Holdings (2385) · InitiativeAchieved
Planned Adoption of Fair-Value and Financial-Instrument Accounting Standards for the Fiscal Year Ending June 2022
First written in FY2020. 1 of 2 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2022-Q1.
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Preparing for adoption of accounting standards for fair value measurementA theme 1870 companies write about · 5 as a headwind · 3 as a tailwind
18 other companies' latest entry also says "Achieved".
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Showing 14 of the 196 companies compared. The sentences above are computed from all 196.Comparing 200 of the theme's 1911 threads.Full recordFilings, disclosures and news, newest first
- FY2022-Q1AchievedAnnual report
「From the beginning of the first quarter of the current consolidated fiscal year, we adopted the Accounting Standard for Fair Value Measurement (ASBJ Statement No. 30, 4 July 2019) and related standards. In accordance with the transitional treatment under paragraph 19 of the standard and paragraph 44-2 of the Accounting Standard for Financial Instruments, we will apply the new accounting policies prescribed by the standard prospectively.」
The accounting standards for fair value measurement and related standards that had been scheduled for adoption from the beginning of the fiscal year ending June 2022 were adopted from the beginning of the current first quarter. The filing states that there was no impact on the quarterly consolidated financial statements. - FY2020First statedAnnual report
「We will apply it from the beginning of the fiscal year ending June 2022.」
The filing describes for the first time the planned adoption, from the beginning of the fiscal year ending June 2022, of the Accounting Standard for Fair Value Measurement, the accounting standards and implementation guidance relating to inventories and financial instruments. The amount of the impact is stated as undetermined at this time.