Application of New Accounting Standards on Fair Value Measurement, Accounting Estimates and Other Matters
First written in FY2020. 1 of 3 entries say "Advanced", first in FY2021. Latest entry: FY2022-Q1.
The whole theme swung hardest in 2024: 1 of 6 companies on the "Worse" side.
106 other companies' latest entry also says "Achieved".
- FY2022-Q1AchievedAnnual report
「The Accounting Standard for Fair Value Measurement (Accounting Standard No. 30, 4 July 2019, hereinafter the “Fair Value Measurement Standard”) and related standards were applied from the beginning of the first quarter of the current consolidated fiscal year. In accordance with the transitional treatment prescribed in paragraph 19 of the Fair Value Measurement Standard and paragraph 44-2 of the Accounting Standard for Financial Instruments (Accounting Standard No. 10, 4 July 2019), the new accounting policies prescribed by the Fair Value Measurement Standard and related standards will be applied prospectively. The impact of applying these standards on the quarterly consolidated financial statements is immaterial.」
The Fair Value Measurement Standard and related standards were actually applied from the beginning of the fiscal year ending March 2022. The new accounting policies were applied prospectively, and the impact on the quarterly consolidated financial statements was immaterial. - FY2021AdvancedAnnual report
「The Accounting Standard for Fair Value Measurement and related standards will be applied from the beginning of the fiscal year ending March 2022. The Accounting Standard for Disclosure of Accounting Estimates and the Accounting Standard for Disclosure of Accounting Policies, Accounting Changes and Errors will be applied from the end of the fiscal year ending March 2021.」
The fair value measurement standards and related standards are scheduled to be applied from the beginning of the fiscal year ending March 2022, while the standards related to accounting estimates and accounting policy disclosures are scheduled to be applied from the end of the current fiscal year, and the company is proceeding with their application. - FY2020First statedAnnual report
「The Accounting Standard for Fair Value Measurement and related standards will be applied from the beginning of the fiscal year ending March 2022. The Accounting Standard for Disclosure of Accounting Estimates and the Accounting Standard for Disclosure of Accounting Policies, Accounting Changes and Errors will be applied from the end of the fiscal year ending March 2021.」
Separately from the revenue recognition standard, the company plans to apply the fair value measurement standards from the beginning of the fiscal year ending March 2022 and the standards related to disclosure of accounting estimates and accounting policies from the end of the fiscal year ending March 2021.