Preparation for Applying Accounting Standards on Fair Value Measurement and Financial Instruments
First written in FY2020. 1 of 3 entries say "Restated". Latest entry: FY2022-Q1.
- FY2022-Q1AchievedAnnual report
「The Company applied the “Accounting Standard for Fair Value Measurement” (ASBJ Statement No. 30, 4 July 2019; the “Fair Value Measurement Accounting Standard”) and other standards 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 Company will apply the new accounting policies prescribed by the Fair Value Measurement Accounting Standard and other standards prospectively.」
The accounting standards for fair value measurement and related standards were applied from the beginning of the first quarter of the current consolidated fiscal year. There was no impact on the quarterly consolidated financial statements. - FY2021RestatedAnnual report
「The Accounting Standard for Fair Value Measurement and the Implementation Guidance on the Accounting Standard for Fair Value Measurement and related standards were scheduled for adoption from the beginning of the fiscal year ending March 2022. The impact was being assessed when the consolidated financial statements were prepared.」
Maintained the plan to apply the standards relating to fair value measurement and financial instruments from the beginning of the fiscal year ending March 2022. - FY2020First statedAnnual report
「The Accounting Standard for Fair Value Measurement and the Implementation Guidance on the Accounting Standard for Fair Value Measurement and related standards were scheduled for adoption from the beginning of the fiscal year ending March 2022. The impact was being assessed when the consolidated financial statements were prepared.」
The Company stated that it planned to apply new standards relating to fair value measurement, inventory valuation, financial instruments and fair value disclosures from the beginning of the fiscal year ending March 2022, and was assessing their impact.