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Sanyu (5697) · InitiativeCited as achieved

Application of the Fair Value Measurement Standard from the Fiscal Year Ending March 2022

First written in FY2020. 2 of 4 entries say "Cited as achieved", first in FY2022-Q2. Latest entry: FY2022.

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ProgressHeldSoftenedWorseFirst statedFY2020AchievedFY2022-Q1Cited as achievedFY2022-Q2 – FY20222020: 120202021: 220212022: 12022
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Preparation for Adoption of the Accounting Standard for Fair Value MeasurementA theme 2041 companies write about · 6 as a headwind · 3 as a tailwind
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  1. FY2022Cited as achievedAnnual report

    「The company has applied the Accounting Standard for Fair Value Measurement (Accounting Standard No. 30, 4 July 2019; hereinafter, the "Fair Value Measurement Accounting Standard") and related standards from the beginning 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 Standard No. 10, 4 July 2019), the company is applying the new accounting policies prescribed by the Fair Value Measurement Accounting Standard and related standards prospectively. There is no effect on the consolidated financial statements as a result.」

    The company applied the Fair Value Measurement Accounting Standard and related standards from the beginning of the fiscal year ending March 2022 and states that there is no effect on the consolidated financial statements.
  2. FY2022-Q2Cited as achievedAnnual report

    「The company has applied the Accounting Standard for Fair Value Measurement (Accounting Standard No. 30, 4 July 2019; hereinafter, the "Fair Value Measurement Accounting Standard") and related standards 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 Standard No. 10, 4 July 2019), the company is applying the new accounting policies prescribed by the Fair Value Measurement Accounting Standard and related standards prospectively. There is no effect on the consolidated financial statements for the current second quarter as a result.」

    The company continued to apply the Fair Value Measurement Accounting Standard and related standards, which it had adopted from the beginning of the fiscal year ending March 2022, in the current second quarter, and states that there is no effect on the financial statements.
  3. FY2022-Q1AchievedAnnual report

    「The company has applied the Accounting Standard for Fair Value Measurement (Accounting Standard No. 30, 4 July 2019; hereinafter, the "Fair Value Measurement Accounting Standard") and related standards 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 Standard No. 10, 4 July 2019), the company is applying the new accounting policies prescribed by the Fair Value Measurement Accounting Standard and related standards prospectively. There is no effect on the consolidated financial statements for the current first quarter as a result.」

    The company actually applied the accounting standards for fair value measurement and related standards, which had been scheduled for application from the beginning of the fiscal year ending March 2022, from the beginning of the current first quarter. It states that there is no effect on the financial statements.
  4. FY2020First 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 March 2022.」

    The company first disclosed that it planned to apply the accounting standards for fair value measurement and related standards from the beginning of the fiscal year ending March 2022.
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