Komori
Jorudan (3710) · InitiativeRestated

Application of the Accounting Standards on Fair Value Measurement, etc., for the Fiscal Year Ending September 2022

First written in FY2021. 1 of 3 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2023-Q1.

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ProgressHeldSoftenedWorseAchievedFY2022-Q12021: 12022: 120222023: 12023
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Preparation for the adoption of accounting standards for fair value measurementA theme 2261 companies write about · 6 as a headwind · 3 as a tailwind
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  1. FY2023-Q1RestatedAnnual report

    「We applied the Implementation Guidance on Accounting Standard for Fair Value Measurement ... from the beginning of the first quarter of the current consolidated fiscal year and applied the new accounting policies prescribed by the implementation guidance prospectively. This had no impact on the quarterly consolidated financial statements.」

    The Company stated that it applied the Implementation Guidance on the Accounting Standard for Fair Value Measurement from the beginning of the quarter, with no impact on the financial statements.
  2. FY2022-Q1AchievedAnnual report

    「We applied the Accounting Standard for Fair Value Measurement (Accounting Standard No. 30, 4 July 2019; hereinafter, the "Fair Value Measurement Accounting Standard") and related standards 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 Accounting Standard and Paragraph 44-2 of the Accounting Standard for Financial Instruments (Accounting Standard No. 10, 4 July 2019), we applied the new accounting policies prescribed by the Fair Value Measurement Accounting Standard and related standards prospectively. There was no impact on the quarterly consolidated financial statements.」

    The Fair Value Measurement Accounting Standard and related standards, which had been scheduled for application, were applied from the beginning of the first quarter of the current consolidated fiscal year. The disclosure states that there was no impact on the financial statements.
  3. FY2021First statedAnnual report

    「The standards are scheduled to be applied from the beginning of the fiscal year ending September 2022. ... The amount of the impact on the consolidated financial statements from applying the Accounting Standard for Fair Value Measurement and related standards has not been determined at this time.」

    The Accounting Standard for Fair Value Measurement and related standards are scheduled to be applied from the beginning of the fiscal year ending September 2022, and the amount of the impact has not been determined.
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