Application of the Fair Value Measurement Accounting Standard
First written in FY2023-Q1. . Latest entry: FY2024-Q1.
- FY2024-Q1Additional Adoption of the Implementation Guidance for the Fair Value Measurement StandardAnnual 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.」
In connection with the accounting standards for fair value measurement already in effect, the Company additionally applied the implementation guidance from the beginning of the first quarter of the current fiscal year. There was no impact on the financial statements. - FY2023-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 fiscal year under review. 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), the Company will apply the new accounting policies prescribed by these standards prospectively.」
The fair-value measurement standards were adopted from the beginning of the quarter, with the new fair-value accounting policies applied prospectively.