Komori
Mk Seiko (5906) · PolicyRestated

Adoption of Accounting Standards for Fair Value Measurement

First written in FY2023-Q3. 3 of 5 entries say "Restated". Latest entry: FY2024.

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ProgressHeldSoftenedWorseFirst statedFY2023-Q3AdvancedFY2024-Q1RestatedFY2024-Q2 – FY20242023: 320232024: 22024
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Preparations for the adoption of accounting standards for fair value measurementA theme 2029 companies write about · 6 as a headwind · 3 as a tailwind
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  1. FY2024RestatedAnnual report

    「The implementation guidance for the Accounting Standard for Fair Value Measurement was applied from the beginning of the current consolidated fiscal year, and the new accounting policies stipulated by the implementation guidance for the Fair Value Measurement Accounting Standard will be applied prospectively. The application had no impact on the consolidated financial statements.」

    The application of the Implementation Guidance on Accounting Standard for Fair Value Measurement was continued, and the absence of any impact on the consolidated financial statements was reconfirmed.
  2. FY2024-Q3RestatedAnnual report

    「The Application Guidance on Accounting Standard for Fair Value Measurement (ASBJ Guidance No. 31, 17 June 2021, hereinafter, the "Fair Value Measurement Accounting Standard Guidance") was adopted from the beginning of the first quarter of the consolidated fiscal year. In accordance with the transitional treatment prescribed in paragraph 27-2 of the Fair Value Measurement Accounting Standard Guidance, the new accounting policy prescribed by the Fair Value Measurement Accounting Standard Guidance was applied prospectively. There was no impact on the quarterly consolidated financial statements.」

    The application policy for the Implementation Guidance on Accounting Standard for Fair Value Measurement and the absence of any impact on the quarterly consolidated financial statements were reconfirmed.
  3. FY2024-Q2RestatedAnnual report

    「The Application Guidance on Accounting Standard for Fair Value Measurement (ASBJ Guidance No. 31, 17 June 2021, hereinafter, the "Fair Value Measurement Accounting Standard Guidance") was adopted from the beginning of the first quarter of the consolidated fiscal year. In accordance with the transitional treatment prescribed in paragraph 27-2 of the Fair Value Measurement Accounting Standard Guidance, the new accounting policy prescribed by the Fair Value Measurement Accounting Standard Guidance was applied prospectively. There was no impact on the quarterly consolidated financial statements.」

    The application policy for the Implementation Guidance on Accounting Standard for Fair Value Measurement and the absence of any impact on the quarterly consolidated financial statements were reconfirmed.
  4. FY2024-Q1AdvancedAnnual report

    「Effective from the beginning of the first quarter of the current consolidated fiscal year, the company adopted the Implementation Guidance on Accounting Standard for Fair Value Measurement (Implementation Guidance No. 31, 17 June 2021; hereinafter, the “Fair Value Measurement Implementation Guidance”). In accordance with the transitional treatment prescribed in Paragraph 27-2 of the Fair Value Measurement Implementation Guidance, the company decided to apply prospectively the new accounting policies prescribed by that guidance. There was no impact on the quarterly consolidated financial statements.」

    The Implementation Guidance on Accounting Standard for Fair Value Measurement was applied from the beginning of the first quarter of the consolidated fiscal period, and a new accounting policy was adopted. There was no impact on the financial statements.
  5. FY2023-Q3First statedAnnual report

    「The Accounting Standard for Fair Value Measurement and related standards were applied from the beginning of the first quarter of the consolidated accounting period, and the new accounting policies prescribed by the Fair Value Measurement Accounting Standard and related standards will be applied prospectively. There is no impact on the quarterly consolidated financial statements.」

    The Accounting Standard for Fair Value Measurement and related standards were applied from the beginning of the first quarter of the consolidated fiscal period. It was stated that there was no impact on the quarterly consolidated financial statements.
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