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Nippon Air Conditioning Services (4658) · PolicyRestated

Planned adoption of accounting standards for fair value measurement and financial instruments in the fiscal year ending March 2022

First written in FY2020. 5 of 8 entries say "Restated". Latest entry: FY2023-Q3.

8entries
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ProgressHeldSoftenedWorseFirst statedFY2020 – FY2021RestatedFY2022-Q2 – FY2022-Q32020: 120202021: 320212022: 320222023: 12023
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  1. FY2023-Q3RestatedAnnual report

    「The Implementation Guidance on Accounting Standard for Fair Value Measurement (ASBJ Guidance No. 31, 17 June 2021, hereinafter the “Fair Value Measurement Implementation Guidance”) has been applied from the beginning of the first quarter consolidated accounting period. In accordance with the transitional treatment prescribed in paragraph 27-2 of the Fair Value Measurement Implementation Guidance, the new accounting policies prescribed therein have been applied prospectively. There was no impact on the quarterly consolidated financial statements as a result.」

    The company continues to apply the implementation guidance for the accounting standard for fair value measurement from the beginning of the fiscal year, with no impact on the quarterly consolidated financial statements.
  2. FY2023-Q2RestatedAnnual report

    「The Implementation Guidance on Accounting Standard for Fair Value Measurement (ASBJ Guidance No. 31, 17 June 2021, hereinafter the “Fair Value Measurement Implementation Guidance”) has been applied from the beginning of the first quarter consolidated accounting period. In accordance with the transitional treatment prescribed in paragraph 27-2 of the Fair Value Measurement Implementation Guidance, the new accounting policies prescribed therein have been applied prospectively. There was no impact on the quarterly consolidated financial statements as a result.」

    The company continues to apply the implementation guidance for the accounting standard for fair value measurement from the beginning of the fiscal year, with no impact on the quarterly consolidated financial statements.
  3. FY2023-Q1AdvancedAnnual report

    「The Implementation Guidance on Accounting Standard for Fair Value Measurement (ASBJ Guidance No. 31, 17 June 2021, hereinafter the “Fair Value Measurement Implementation Guidance”) has been applied from the beginning of the first quarter consolidated accounting period. In accordance with the transitional treatment prescribed in paragraph 27-2 of the Fair Value Measurement Implementation Guidance, the new accounting policies prescribed therein have been applied prospectively. There was no impact on the quarterly consolidated financial statements as a result.」

    Following the application of the accounting standard for fair value measurement, the company also began applying the implementation guidance from the beginning of the first quarter of the current fiscal year. It states that there is no impact on the financial statements.
  4. FY2022-Q3RestatedAnnual 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, and applied the new accounting policies prescribed by those standards prospectively in accordance with the transitional treatment set out in paragraph 19 of the standard and paragraph 44-2 of the Accounting Standard for Financial Instruments. This had no impact on the quarterly consolidated financial statements.」

    The company continues to apply the accounting standards for fair value measurement and related standards from the beginning of the fiscal year, with no impact on the quarterly consolidated financial statements.
  5. FY2022-Q2RestatedAnnual 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, and applied the new accounting policies prescribed by those standards prospectively in accordance with the transitional treatment set out in paragraph 19 of the standard and paragraph 44-2 of the Accounting Standard for Financial Instruments. This had no impact on the quarterly consolidated financial statements.」

    The company continues to apply the accounting standards for fair value measurement and related standards from the beginning of the fiscal year, with no impact on the quarterly consolidated financial statements.
  6. FY2022-Q1AchievedAnnual report

    「Beginning at the start of the first quarter, we applied the Accounting Standard for Fair Value Measurement and related standards. In accordance with the transitional treatment under Paragraph 19 of the standard and Paragraph 44-2 of the Accounting Standard for Financial Instruments, we applied the new accounting policies prescribed by the standards prospectively. There was no impact on the quarterly consolidated financial statements.」

    The company began applying the accounting standards for fair value measurement and other standards from the beginning of the fiscal year ending March 2022 and has applied the new accounting policies prospectively. It states that there is no impact on the quarterly consolidated financial statements.
  7. FY2021RestatedAnnual report

    「The Accounting Standard for Fair Value Measurement and other standards are scheduled to be applied from the beginning of the fiscal year ending March 2022.」

    The company plans to apply accounting standards concerning fair value measurement, inventories, financial instruments and related disclosures from the beginning of the fiscal year ending March 2022, and states that the amount of the impact is currently being evaluated.
  8. FY2020First statedAnnual report

    「The Accounting Standard for Fair Value Measurement and other standards are scheduled to be applied from the beginning of the fiscal year ending March 2022.」

    The company plans to apply accounting standards concerning fair value measurement, inventories, financial instruments and related disclosures from the beginning of the fiscal year ending March 2022, and states that the amount of the impact is currently being evaluated.
Moved together

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Nippon Air Conditioning Services's next results are scheduled for 2026-10-30. Read the earnings preview
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Planned adoption of accounting standards for fair value measurement and financial instruments in the fiscal year ending March 2022 | Nippon Air Conditioning Services Co.,Ltd. (4658) | Komori