Adoption of Fair Value Measurement Accounting Standards from the Fiscal Year Ending March 2022
First written in FY2021. 1 of 2 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2022-Q1.
- FY2022-Q1AchievedAnnual report
「The Group adopted the “Accounting Standard for Fair Value Measurement” (ASBJ Statement No. 30, 4 July 2019) and other relevant standards from the beginning of the first quarter of the current fiscal year and will apply the new accounting policies prescribed by these standards prospectively in accordance with the transitional treatment set out in Paragraph 19 of the Fair Value Measurement Accounting Standard and Paragraph 44-2 of the “Accounting Standard for Financial Instruments” (ASBJ Statement No. 10, 4 July 2019).」
The Company began applying the Accounting Standard for Fair Value Measurement and related standards from the beginning of the fiscal year ending March 2022, as planned. For listed shares among other securities with quoted market prices, the valuation method was changed from using the average market price for the month preceding the fiscal year-end to using the market price on the fiscal year-end date. - FY2021First statedAnnual report
「The Accounting Standard for Fair Value Measurement and other related standards are scheduled to be applied from the beginning of the fiscal year ending March 2022.」
The Company stated that it planned to apply the Accounting Standard for Fair Value Measurement and related standards from the beginning of the fiscal year ending March 2022, with the impact on the consolidated financial statements expected to be immaterial.