Changes in the Valuation Method for Securities Following Application of the Fair Value Measurement Accounting Standard
First written in FY2022-Q1. 1 of 2 entries say "Restated". Latest entry: FY2022-Q3.
- FY2022-Q3RestatedAnnual report
「The company applied the Accounting Standard for Fair Value Measurement and other standards from the beginning of the first quarter of the current consolidated fiscal year and decided to apply prospectively the new accounting policies prescribed by those standards, in accordance with the transitional treatment stipulated in Paragraph 19 of the Accounting Standard for Fair Value Measurement and Paragraph 44-2 of the Accounting Standard for Financial Instruments.」
The company continues to state its policy of applying the accounting standard for fair value measurement and other standards from the first quarter, with no new changes. - FY2022-Q1First statedAnnual report
「The company applied the Accounting Standard for Fair Value Measurement and other standards from the beginning of the first quarter of the current consolidated fiscal year and decided to apply prospectively the new accounting policies prescribed by those standards. Accordingly, for listed shares classified as available-for-sale securities, the company had previously used a fair value method based on the average of market prices and other relevant values for the 1-month period before the fiscal year-end closing date, but changed from that method to a fair value method based on market prices and other relevant values on the fiscal year-end closing date from the current first quarter.」
For listed shares, the valuation method changed from using the average price for the 1-month period before the fiscal year-end closing date to using the market price on the fiscal year-end closing date.