Adoption of the Fair Value Measurement Standard and Related Standards
First written in FY2022-Q1. 1 of 2 entries say "Restated". Latest entry: FY2022.
- FY2022RestatedAnnual report
「The Accounting Standard for Fair Value Measurement (ASBJ Statement No. 30, 4 July 2019, hereinafter the "Fair Value Measurement Accounting Standard") and related standards were applied from the beginning of the current consolidated fiscal year. In accordance with the transitional treatment prescribed 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 new accounting policies prescribed by the Fair Value Measurement Accounting Standard and related standards are to be applied prospectively.」
The full-year disclosure reconfirms that the accounting standards for fair value measurement and related standards were applied from the beginning of the fiscal year. - FY2022-Q1First statedAnnual report
「The group applied the Accounting Standard for Fair Value Measurement (ASBJ Statement No. 30, 4 July 2019; hereinafter, the “Fair Value Measurement Accounting Standard”) and other relevant standards from the beginning of the first quarter of the current fiscal year. In accordance with the transitional treatment prescribed 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 group decided to apply the new accounting policies prescribed by the Fair Value Measurement Accounting Standard and other relevant standards prospectively.」
The accounting standards for fair value measurement and related standards were applied prospectively from the beginning of the first quarter of the current consolidated fiscal year. The disclosure states that the Company held no financial instruments subject to fair value measurement and that there was no impact on the financial statements.