Adoption of the Implementation Guidance on Accounting Standards for Fair Value Measurement
First written in FY2023-Q1. 1 of 2 entries say "Achieved", first in FY2023. Latest entry: FY2023.
- FY2023AchievedAnnual report
「We have 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 current consolidated fiscal year. In accordance with the transitional treatment prescribed in paragraph 27-2 of the Fair Value Measurement Guidance, we will apply the new accounting policies prescribed by the guidance prospectively.」
The company disclosed that applying the Fair Value Measurement Guidance from the beginning of the full fiscal year, rather than from the previous quarter, had no impact. - FY2023-Q1First statedAnnual report
「We have 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 of the current consolidated fiscal year. In accordance with the transitional treatment prescribed in paragraph 27-2 of the Fair Value Measurement Guidance, we will apply the new accounting policies prescribed by the guidance prospectively.」
The Fair Value Measurement Guidance was applied from the beginning of the first quarter of the current consolidated fiscal year, and the new accounting policies will be applied prospectively in accordance with the transitional treatment.