Change in the Valuation Method for Operating Investment Securities under the Accounting Standard for Fair Value Measurement
First written in FY2022-Q1. 3 of 4 entries say "Restated". Latest entry: FY2023-Q3.
- FY2023-Q3RestatedAnnual report
「The Company adopted the Implementation Guidance on Accounting Standard for Fair Value Measurement (ASBJ Guidance No. 31, 17 June 2021, hereinafter the “Fair Value Measurement Guidance”) from the beginning of the first quarter of the fiscal year and, in accordance with the transitional treatment stipulated in paragraph 27-2 of the Fair Value Measurement Guidance, will apply the new accounting policy prescribed by the Fair Value Measurement Guidance prospectively.」
The application of the accounting policy based on the Fair Value Measurement Guidance has continued. - FY2023-Q1RestatedAnnual report
「The Company adopted the Implementation Guidance on Accounting Standard for Fair Value Measurement (ASBJ Guidance No. 31, 17 June 2021, hereinafter the “Fair Value Measurement Guidance”) from the beginning of the first quarter of the fiscal year and, in accordance with the transitional treatment stipulated in paragraph 27-2 of the Fair Value Measurement Guidance, will apply the new accounting policy prescribed by the Fair Value Measurement Guidance prospectively.」
The application of the new accounting policy based on the Fair Value Measurement Guidance has continued. The Company states that the adoption had no impact on the quarterly financial statements. - FY2022-Q3RestatedAnnual report
「The Accounting Standard for Fair Value Measurement and related standards were applied from the beginning of the consolidated first-quarter accounting period, and the new accounting policies prescribed by those standards will be applied prospectively.」
The accounting policy of valuing some operating investment securities at calculated fair value, including unobservable inputs, rather than at cost has continued. - FY2022-Q1First statedAnnual report
「We applied the Accounting Standard for Fair Value Measurement (ASBJ Statement No. 30, 4 July 2019) and related standards from the beginning of the first quarter of the consolidated fiscal year and applied the new accounting policies prescribed by those standards prospectively.」
For corporate bonds and other debt securities included in operating investment securities that had previously been valued at cost, the Company changed to a method of valuing them at fair value calculated using unobservable inputs when observable inputs are unavailable.