Preparation for the Application of the Accounting Standard for Fair Value Measurement and Related Standards in the Fiscal Year Ending March 2022
First written in FY2021. 1 of 3 entries say "Advanced", first in FY2022-Q1. Latest entry: FY2022-Q3.
- FY2022-Q3RestatedAnnual report
「The Accounting Standard for Fair Value Measurement (Accounting Standard No. 30, 4 July 2019; hereinafter, the “Fair Value Measurement Accounting Standard”) and other standards were adopted from the beginning of the first quarter consolidated accounting period. 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 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 continues to apply the Fair Value Measurement Accounting Standard and other standards applied from the beginning of the first quarter of the consolidated fiscal period, and states that there was no impact on the quarterly consolidated financial statements. - FY2022-Q1AdvancedAnnual report
「The Group adopted the “Accounting Standard for Fair Value Measurement” (ASBJ Statement No. 30, 4 July 2019) and other relevant standards from the beginning of the first quarter of the current fiscal year and will apply the new accounting policies prescribed by these standards prospectively in accordance with the transitional treatment set out 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 company applied the accounting standards concerning fair value measurement and related guidance, which had been scheduled for adoption from the beginning of the fiscal year ending March 2022, from the beginning of the first quarter of the current fiscal year. It stated that there was no impact on the quarterly consolidated financial statements. - FY2021First statedAnnual report
「The scheduled effective date for the Accounting Standard for Fair Value Measurement and related standards is the beginning of the fiscal year ending March 2022.」
The company stated that it planned to apply accounting standards and implementation guidance concerning fair value measurement, inventories and financial instruments from the beginning of the fiscal year ending March 2022, and that the impact was under evaluation at that time.