Applying the Accounting Standards for Fair Value Measurement
First written in FY2022-Q1. 1 of 3 entries say "Achieved", first in FY2023-Q1. Latest entry: FY2023-Q1.
- FY2023-Q1AchievedAnnual report
「The company applied 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 current consolidated fiscal year. In accordance with the transitional treatment prescribed in paragraph 27-2 of the Fair Value Measurement Guidance, the company will apply the new accounting policies prescribed in the guidance prospectively. There is no impact on the quarterly consolidated financial statements.」
The company actually applied the implementation guidance for the Accounting Standard for Fair Value Measurement from the beginning of the first quarter of the current consolidated fiscal year, rather than from the beginning of the fiscal year ending August 2023 as previously planned. There was no impact on the financial statements. - FY2022Disclosure of planned adoption of the new implementation guidanceAnnual report
「The company plans to apply it from the beginning of the fiscal year ending August 2023.」
The company disclosed plans to apply the new implementation guidance for fair value measurement from the beginning of the fiscal year ending August 2023, following adoption of the Accounting Standard for Fair Value Measurement. - FY2022-Q1First statedAnnual report
「The Accounting Standard for Fair Value Measurement and other applicable standards were adopted from the beginning of the first quarter of the consolidated fiscal year. In accordance with the transitional treatment specified in the standards, the new accounting policies prescribed by the standards will be applied prospectively.」
The company applied the Accounting Standard for Fair Value Measurement and related guidance from the beginning of the first quarter of the current consolidated fiscal year and stated that the new accounting policy would be applied prospectively. There was no impact on the quarterly consolidated financial statements.