Adoption of the implementation guidance for fair value measurement accounting standards

「The company adopted the Implementation Guidance on Accounting Standard for Fair Value Measurement (ASBJ Guidance No. 31, 17 June 2021; hereinafter, the “Fair Value Measurement Guidance”) from the beginning of the first quarter of the current consolidated fiscal year. In accordance with the transitional treatment prescribed in paragraph 27-2 of the Fair Value Measurement Guidance, the new accounting policy prescribed by the guidance will be applied prospectively.」

「The company adopted the Implementation Guidance on Accounting Standard for Fair Value Measurement (ASBJ Guidance No. 31, 17 June 2021; hereinafter, the “Fair Value Measurement Guidance”) from the beginning of the first quarter of the current consolidated fiscal year. In accordance with the transitional treatment prescribed in paragraph 27-2 of the Fair Value Measurement Guidance, the new accounting policy prescribed by the guidance will be applied prospectively. Accordingly, for investment trusts whose underlying trust assets are financial instruments and that are not subject to significant restrictions on redemption or repurchase requests sufficient for market participants to demand compensation for risk, the net asset value is used as fair value. There was no impact on the quarterly consolidated financial statements.」