Fair Value Measurement Standards Scheduled for Adoption in the Fiscal Year Ending May 2022
First written in FY2020. 1 of 3 entries say "Restated". Latest entry: FY2022-Q1.
- FY2022-Q1AchievedAnnual report
「The Accounting Standard for Fair Value Measurement (ASBJ Statement No. 30, 4 July 2019; the “Fair Value Measurement Standard”) and other 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 Standard and paragraph 44-2 of the Accounting Standard for Financial Instruments (ASBJ Statement No. 10, 4 July 2019), the company will apply the new accounting policies prescribed by the Fair Value Measurement Standard and other standards prospectively. There is no impact on the quarterly consolidated financial statements.」
The company applied the Fair Value Measurement Standard and other related standards, which had been scheduled for application from the beginning of the fiscal year ending May 2022, from the beginning of the first quarter of the current consolidated fiscal year. It states that there is no impact on the quarterly consolidated financial statements. - FY2021RestatedAnnual report
「The Accounting Standard for Fair Value Measurement, the Guidance on Accounting Standard for Fair Value Measurement and other related standards are scheduled to be applied from the beginning of the fiscal year ending May 2022.」
The company continues to disclose its plan to apply the accounting standards concerning fair value measurement and other matters from the beginning of the fiscal year ending May 2022, and is assessing the amount of the impact. - FY2020First statedAnnual report
「The Accounting Standard for Fair Value Measurement, the Guidance on Accounting Standard for Fair Value Measurement and other related standards are scheduled to be applied from the beginning of the fiscal year ending May 2022.」
The company plans to apply new standards and guidance concerning fair value measurement, inventory valuation and financial instruments from the beginning of the fiscal year ending May 2022, and is assessing the amount of the impact.