Preparation for Applying the Accounting Standards for Fair Value Measurement and Related Standards in the Fiscal Year Ending November 2022
First written in FY2020. 1 of 3 entries say "Restated". Latest entry: FY2022-Q1.
- FY2022-Q1AchievedAnnual report
「The “Accounting Standard for Fair Value Measurement” (ASBJ Statement No. 30, 4 July 2019, hereinafter the “Fair Value Measurement Accounting Standard”) and other standards have been applied from the beginning of the current first-quarter consolidated accounting period, and the new accounting policies prescribed by the Fair Value Measurement Accounting Standard and other standards will be applied prospectively.」
The fair value measurement accounting standards and related standards, which had been scheduled for application from the beginning of the fiscal year ending November 2022, were applied from the beginning of the first quarter of the current consolidated fiscal year. It was stated that there was no impact on the quarterly consolidated financial statements. - FY2021RestatedAnnual report
「Scheduled to be applied from the beginning of the fiscal year ending November 2022. The impact is currently being evaluated in preparing these consolidated financial statements.」
The disclosure that the fair value measurement accounting standards and related standards are scheduled to be applied from the beginning of the fiscal year ending November 2022, with the impact under assessment, has continued. - FY2020First statedAnnual report
「The Accounting Standard for Fair Value Measurement, the Guidance on Accounting Standard for Fair Value Measurement and related standards are scheduled to be applied from the beginning of the fiscal year ending November 2022. The amount of the impact is being assessed when these consolidated financial statements are prepared.」
The company plans to apply new standards on fair value measurement, inventory valuation and financial instruments from the beginning of the fiscal year ending November 2022, and is assessing the impact.