Komori
Chugokukogyo (5974) · TargetRestated

Adoption of the Fair Value Measurement Standard for the Fiscal Year Ending March 2022

First written in FY2021. 2 of 4 entries say "Restated". Latest entry: FY2022-Q3.

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ProgressHeldSoftenedWorseFirst statedFY2021AchievedFY2022-Q1RestatedFY2022-Q2 – FY2022-Q32021: 320212022: 12022
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Preparation for the adoption of accounting standards for fair value measurementA theme 2282 companies write about · 6 as a headwind · 3 as a tailwind
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  1. FY2022-Q3RestatedAnnual report

    「The Accounting Standard for Fair Value Measurement (ASBJ Statement No. 30, 4 July 2019, hereinafter the “Fair Value Measurement Accounting Standard”) and related standards have been applied from the beginning of the first quarter of the 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 (ASBJ Statement No. 10, 4 July 2019), 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 company reconfirmed that the Fair Value Measurement Accounting Standard and related standards have been applied from the beginning of the first quarter of the fiscal year ending March 2022, and states that there is no impact on the quarterly consolidated financial statements.
  2. FY2022-Q2RestatedAnnual report

    「The Accounting Standard for Fair Value Measurement (ASBJ Statement No. 30, 4 July 2019, hereinafter the “Fair Value Measurement Accounting Standard”) and related standards have been applied from the beginning of the first quarter of the 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 (ASBJ Statement No. 10, 4 July 2019), 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 company reconfirmed that the Fair Value Measurement Accounting Standard and related standards have been applied from the beginning of the first quarter, and states that there is no impact on the quarterly consolidated financial statements.
  3. FY2022-Q1AchievedAnnual report

    「The Accounting Standard for Fair Value Measurement (ASBJ Statement No. 30, 4 July 2019, hereinafter the “Fair Value Measurement Accounting Standard”) and related standards have been 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 (ASBJ Statement No. 10, 4 July 2019), 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 fiscal year ending March 2022. The company states that there is no impact on the quarterly consolidated financial statements.
  4. FY2021First statedAnnual report

    「The standard is scheduled to be applied from the beginning of the fiscal year ending March 2022.」

    The company planned to apply the accounting standards for fair value measurement and related standards from the beginning of the fiscal year ending March 2022, and expected the impact on the consolidated financial statements to be immaterial.
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Chugokukogyo's next results are scheduled for 2026-11-12. Read the earnings preview
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