Preparation for Applying the Fair Value Measurement Standard in 2022
First written in FY2021. 2 of 3 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2023-Q1.
- FY2023-Q1AchievedAnnual report
「We have applied the Implementation Guidance on Accounting Standard for Fair Value Measurement (Accounting Standards Implementation Guidance No. 31, 17 June 2021; hereinafter, the Fair Value Measurement Implementation Guidance) from the beginning of the first quarter of the current fiscal year. In accordance with the transitional treatment prescribed in paragraph 27-2 of the Fair Value Measurement Implementation Guidance, the new accounting policies prescribed therein will be applied prospectively. There is no impact on the quarterly consolidated financial statements.」
The implementation guidance for the Fair Value Measurement Accounting Standard was also applied from the beginning of the current first-quarter consolidated accounting period, completing the transition to the new accounting policies. The impact on the financial statements was considered nil. - FY2022-Q1AchievedAnnual report
「We applied the Accounting Standard for Fair Value Measurement (ASBJ Statement No. 30, 4 July 2019; hereinafter, the Fair Value Measurement Accounting Standard) and related standards from the beginning of the current first-quarter consolidated accounting period. In accordance with the transitional treatment prescribed in paragraph 19 of the Fair Value Measurement Accounting Standard and paragraph 44-2 of the Accounting Standard for Financial Instruments (ASBJ Statement No. 10, 4 July 2019), we will apply the new accounting policies prescribed by the Fair Value Measurement Accounting Standard and related standards prospectively. The impact on the quarterly consolidated financial statements is immaterial.」
The Fair Value Measurement Accounting Standard and related standards, which had been scheduled for application from the beginning of the fiscal year ending March 2022, were applied from the beginning of the current first-quarter consolidated accounting period, completing the transition to the new accounting policies. The impact on the financial statements was considered immaterial. - FY2021First statedAnnual report
「The Accounting Standard for Fair Value Measurement and the Implementation Guidance on the Accounting Standard for Fair Value Measurement and related standards were scheduled for adoption from the beginning of the fiscal year ending March 2022. The impact was being assessed when the consolidated financial statements were prepared.」
It was first disclosed that the company was evaluating the impact of applying the accounting standards for fair value measurement and related standards from the beginning of the fiscal year ending March 2022, including disclosures of fair value levels for financial instruments.