Phased Adoption of Standards on Fair Value Measurement, Disclosure of Accounting Policies, and Disclosure of Accounting Estimates
First written in FY2020. 2 of 5 entries say "Advanced", first in FY2021. Latest entry: FY2023-Q1.
The whole theme swung hardest in 2024: 1 of 6 companies on the "Worse" side.
106 other companies' latest entry also says "Achieved".
- FY2023-Q1AchievedAnnual report
「The company applied the Implementation Guidance on Accounting Standard for Fair Value Measurement from the beginning of the first quarter of the current fiscal year. In accordance with the transitional treatment prescribed in paragraph 27-2 of the Implementation Guidance on Accounting Standard for Fair Value Measurement, it will apply the new accounting policies prescribed by the guidance prospectively. There is no impact on the quarterly consolidated financial statements.」
The company also began applying the Implementation Guidance on Accounting Standard for Fair Value Measurement as scheduled from the beginning of the first quarter of the current fiscal year. It stated that there was no impact on the financial statements. - FY2022AchievedAnnual report
「The Accounting Standard for Fair Value Measurement and related standards have been applied from the beginning of the current consolidated fiscal year.」
The company implemented the application of the Fair Value Measurement Accounting Standard and related standards from the scheduled beginning of the fiscal year ending March 2022, and stated that there was no impact on the consolidated financial statements. - FY2022-Q1AdvancedAnnual report
「The company applied the Accounting Standard for Fair Value Measurement (ASBJ Statement No. 30, 4 July 2019, hereinafter the “Fair Value Measurement Accounting Standard”) and other 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 company will apply the new accounting policies prescribed by the Fair Value Measurement Accounting Standard and other standards prospectively. There is no impact on the quarterly consolidated financial statements.」
The company began applying the Fair Value Measurement Accounting Standard and related standards from the scheduled beginning of the fiscal year ending March 2022. It stated that there was no impact on the financial statements. - FY2021AdvancedAnnual report
「The “Accounting Standard for Disclosure of Accounting Estimates” (ASBJ Statement No. 31, 31 March 2020) has been applied to the consolidated financial statements for the year-end of the current consolidated fiscal year, and notes on significant accounting estimates are included in the consolidated financial statements.」
The company maintained its plan to apply the standards for fair value measurement and related matters from the beginning of the fiscal year ending March 2022, and began applying the disclosure standard for accounting estimates from the end of the current fiscal year. - FY2020First statedAnnual report
「The Accounting Standard for Fair Value Measurement, the Implementation Guidance on Accounting Standard for Fair Value Measurement, and the Accounting Standard for Financial Instruments, among others, are scheduled to be applied from the beginning of the fiscal year ending March 2022.」
In addition to the revenue recognition standard, the company indicated that standards for fair value measurement, financial instruments, and the valuation of inventories would be applied from the beginning of the fiscal year ending March 2022. It also planned to apply the disclosure standard for accounting policies and the disclosure standard for accounting estimates from the end of the fiscal year ending March 2021.