Future Adoption of the Fair Value Measurement Standard
First written in FY2021. 1 of 4 entries say "Advanced", first in FY2022. Latest entry: FY2024-Q1.
- FY2024-Q1Additional application of the Implementation Guidance on Fair Value MeasurementAnnual report
「The company applied the Implementation Guidance on Accounting Standard for Fair Value Measurement (ASBJ Guidance No. 31, 17 June 2021; hereinafter, the Fair Value Measurement Guidance) from the beginning of the first quarter accounting period. In accordance with the transitional treatment prescribed in Paragraph 27-2 of the Fair Value Measurement Guidance, the company decided to apply the new accounting policies prescribed by the guidance prospectively. The application had no effect on the quarterly financial statements.」
Following the application of the accounting standards for fair value measurement, the company also applied the implementation guidance from the beginning of the first quarter of the 54th fiscal year. It stated that there was no impact on the quarterly financial statements. - FY2023-Q1AchievedAnnual report
「The Company adopted the Accounting Standard for Fair Value Measurement (ASBJ Statement No. 30, 4 July 2019) and other standards from the beginning of the first quarter. In accordance with the transitional treatment under paragraph 19 of that standard and paragraph 44-2 of the Accounting Standard for Financial Instruments (ASBJ Statement No. 10, 4 July 2019), the new accounting policies prescribed by the standards will be applied prospectively.」
The company actually applied the accounting standards for fair value measurement and related standards from the beginning of the first quarter of the 53rd fiscal year. - FY2022AdvancedAnnual report
「The standards will be applied from the beginning of the 53rd fiscal period (fiscal year ending February 2023).」
The company maintained its plan to apply the accounting standards for fair value measurement and related standards from the beginning of the 53rd fiscal year, and progressed to the stage of assessing the impact on the financial statements as “minor at present.” - FY2021First statedAnnual report
「“Accounting Standard for Fair Value Measurement,” etc. (2) Scheduled date of application The company plans to apply the standards from the beginning of the 53rd fiscal year (fiscal year ending February 2023). (3) Impact of applying the accounting standards, etc. The company is currently evaluating the amount of the impact of applying the “Accounting Standard for Fair Value Measurement,” etc. on the financial statements.」
The company plans to apply the accounting standards for fair value measurement and standards relating to inventories and financial instruments, among others, from the beginning of the 53rd fiscal year, and is currently evaluating the impact on the financial statements.