Adoption of the Accounting Standard for Fair Value Measurement in the Fiscal Year Ending February 2023
First written in FY2022. 1 of 3 entries say "Achieved", first in FY2023-Q1. Latest entry: FY2024-Q1.
- FY2024-Q1ReframedAnnual report
「From the beginning of the current cumulative first quarter, we applied the Implementation Guidance on Accounting Standard for Fair Value Measurement (ASBJ Guidance No. 31, 17 June 2021, the “Implementation Guidance”) and will apply the new accounting policies prescribed by the Implementation Guidance prospectively in accordance with the transitional treatment specified in Paragraph 27-2. There was no impact on the quarterly consolidated financial statements.」
In addition to disclosures on the application of the Accounting Standard for Fair Value Measurement and related standards, the company applied the 2021 revised implementation guidance for the Accounting Standard for Fair Value Measurement from the beginning of the current quarter. There was no impact on the financial statements. - FY2023-Q1AchievedAnnual report
「The Accounting Standard for Fair Value Measurement and related standards are being applied from the beginning of the first quarter of the current fiscal year, and the new accounting policies prescribed by those standards are being applied prospectively.」
The Accounting Standard for Fair Value Measurement and related standards, which had been scheduled for application from the beginning of the fiscal year ending February 2023, were applied from the beginning of the first quarter. There were no financial instruments measured at fair value on the consolidated balance sheet, so there was no impact on the financial statements. - FY2022First statedAnnual report
「The Accounting Standard for Fair Value Measurement and related standards are scheduled to be applied from the beginning of the fiscal year ending February 2023.」
The company stated that it plans to apply the Accounting Standard for Fair Value Measurement, the related implementation guidance, and the implementation guidance on disclosures about the fair value of financial instruments from the beginning of the fiscal year ending February 2023, with the impact still being assessed.