Application of the Fair Value Measurement Standard and Changes in the Valuation Method for Securities
First written in FY2022-Q1. 2 of 3 entries say "Restated". Latest entry: FY2022-Q3.
- FY2022-Q3RestatedAnnual report
「As a result, compared with the previous method, investments in securities increased by ¥4.300 million, deferred tax liabilities increased by ¥1.309 million and valuation difference on available-for-sale securities increased by ¥2.990 million in the quarterly balance sheet at the end of the third quarter of the current fiscal year.」
The company has continued to apply the fair value measurement standard and related standards and disclosed the impact on third-quarter-end balances of the change to the fair value method based on fair value at the reporting date. - FY2022-Q2RestatedAnnual report
「As a result, compared with the previous method, investments in securities decreased by ¥2.645 million, deferred tax liabilities decreased by ¥805 thousand and valuation difference on available-for-sale securities decreased by ¥1.839 million in the quarterly balance sheet at the end of the second quarter of the current fiscal year.」
The company has continued to apply the fair value measurement standard and related standards and disclosed the impact on quarter-end balances of the change to the fair value method based on fair value at the reporting date. - FY2022-Q1First statedAnnual report
「The company adopted 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 current fiscal year. In accordance with the transitional treatment prescribed in paragraph 19 of the fair value measurement standard and paragraph 44-2 of the Accounting Standard for Financial Instruments (ASBJ Statement No. 10, 4 July 2019), it will apply the new accounting policies prescribed by the fair value measurement standard and related standards prospectively.」
The company adopted the fair value measurement standard and related standards from the beginning of the fiscal year, changing the valuation method for other securities with quoted market prices from the fair value method based on the average market price and other factors during the month preceding the fiscal year-end to the fair value method based on the fair value at the reporting date. It also disclosed the impact of this change on investments in securities and other assets at the quarter-end.