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Nichias (5393) · PolicyRestated

Adoption of the accounting standard for fair value measurement

First written in FY2022-Q1. 1 of 2 entries say "Restated". Latest entry: FY2022-Q2.

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ProgressHeldSoftenedWorseFirst statedFY2022-Q1 – FY2022-Q22021: 22021
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Preparation for the adoption of accounting standards for fair value measurementA theme 2187 companies write about · 6 as a headwind · 3 as a tailwind
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  1. FY2022-Q2RestatedAnnual report

    「The Accounting Standard for Fair Value Measurement (Accounting Standards Board of Japan Statement No. 30, 4 July 2019; hereinafter, the “Fair Value Measurement Accounting Standard”) and other relevant standards were applied from the beginning of the first quarter of the current consolidated fiscal year. 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 (Accounting Standards Board of Japan Statement No. 10, 4 July 2019), the new accounting policies prescribed by the Fair Value Measurement Accounting Standard and other relevant standards will be applied prospectively. There was no impact on the quarterly consolidated financial statements.」

    The Company continues to apply the accounting standards for fair value measurement and related standards adopted from the beginning of the first quarter of the consolidated fiscal year. It states that there is no impact on the quarterly consolidated financial statements.
  2. FY2022-Q1First statedAnnual report

    「The Accounting Standard for Fair Value Measurement (ASBJ Statement No. 30, 4 July 2019, hereinafter the “Fair Value Measurement Standard”) and related standards were applied from the beginning of the first quarter of the current fiscal year. 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 new accounting policies prescribed by the Fair Value Measurement Standard and related standards will be applied prospectively. There is no impact on the quarterly consolidated financial statements.」

    The company applied the Accounting Standard for Fair Value Measurement and related standards from the beginning of the first quarter of the current consolidated fiscal year and applied the new accounting policies prospectively. It states that there is no impact on the quarterly consolidated financial statements.
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Nichias's next results are scheduled for 2026-11-10. Read the earnings preview
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