Investment evaluation review by the Board of Directors, external experts and the CFO
First written in FY2023-Q3. 3 of 5 entries say "Restated". Latest entry: FY2026-H1.
1 other company's latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「For financial instruments classified as Level 3, external valuation specialists or appropriately qualified valuation personnel perform the valuation and analyze the results based on valuation policies and procedures reported to the Board of Directors. The results are reviewed and approved by the CFO and Controller responsible for finance and accounting.」
The valuation controls involving Board policies, external experts and CFO and Controller review and approval continued. - 2026-03-25AdvancedTimely disclosure
「The fair value measurement process involves not only the investment teams but also the administrative departments, which conduct valuations from an independent perspective.」
The fair value measurement process was described in detail, including the continued application of generally accepted valuation methods, the involvement of the administrative department (Controller's Office), and audits by the accounting firm. - FY2024-H1RestatedAnnual report
「For financial instruments classified as Level 3, external valuation specialists or appropriately qualified valuation personnel perform the valuation and analyze the results based on valuation policies and procedures reported to the Board of Directors. The results are reviewed and approved by the CFO and Controller responsible for finance and accounting.」
The valuation controls involving Board policies, external experts and CFO and Controller review and approval continued. - FY2023RestatedAnnual report
「Given the significance of the estimates, unlisted shares are valued and the results analyzed by external valuation specialists or appropriately qualified valuation personnel based on valuation policies and procedures reported to the Board of Directors, as described in Note 24, Financial Instruments, (5) Fair Value of Financial Instruments. The results are reviewed and approved by the CFO and Controller responsible for finance and accounting.」
Reiterates the valuation controls comprising Board policies, external or qualified valuation personnel, and CFO and Controller review and approval. - FY2023-Q3First statedAnnual report
「For financial instruments classified as Level 3, external valuation specialists or appropriately qualified valuation personnel perform the valuation and analyze the results based on valuation policies and procedures reported to the Board of Directors. The results are reviewed and approved by the CFO and Controller responsible for finance and accounting.」
Describes the continuing control over Level 3 valuations: Board-reported policies and procedures, valuation by external experts or qualified personnel, and review and approval by the CFO and Controller.