Application of the Accounting Standard for Fair Value Measurement and Related Standards for the Fiscal Year Ended February 2023
First written in FY2022. 1 of 2 entries say "Achieved", first in FY2023-Q1. Latest entry: FY2023-Q1.
- FY2023-Q1AchievedAnnual report
「From the beginning of the first quarter of the current consolidated fiscal year, we adopted the Accounting Standard for Fair Value Measurement (ASBJ Statement No. 30, 4 July 2019) 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 will apply the new accounting policies prescribed by the standard prospectively.」
The accounting standards and other provisions on fair value measurement, which had been scheduled for application from the beginning of the fiscal year ending February 2023, were actually applied from the beginning of the first quarter of the current consolidated fiscal year. The company states that there was no impact on the quarterly consolidated financial statements. - FY2022First statedAnnual report
「The Accounting Standard for Fair Value Measurement and related standards are scheduled to be applied from the beginning of the fiscal year ending February 2023. The amount of the impact is being assessed in preparing the consolidated financial statements.」
The company plans to apply the accounting standards and guidance on fair value measurement, inventories, financial instruments and other matters from the beginning of the fiscal year ending February 2023, and is assessing the amount of the impact.