Adopting the Accounting Standards for Fair Value Measurement
First written in FY2022-Q3. 2 of 3 entries say "Restated". Latest entry: FY2023.
- FY2023RestatedAnnual report
「The fair value of financial instruments is classified into the following 3 levels according to the observability and significance of the inputs used in fair value measurement.」
The company continues to classify and disclose fair values by level in accordance with the accounting standards for fair value measurement. - FY2022RestatedAnnual 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 were adopted from the beginning of the current 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.」
The annual financial statements confirm the prospective application of the accounting standards for fair value measurement and other related standards from the beginning of the fiscal year. The company states that there was no impact on the financial statements. - FY2022-Q3First statedAnnual report
「The Accounting Standard for Fair Value Measurement (ASBJ Statement No. 30, 4 July 2019; hereinafter, the "Fair Value Measurement Standard") and other standards were applied from the beginning of the first quarter accounting period. 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 was no impact on the quarterly financial statements.」
The accounting standards for fair value measurement and other related standards have been applied prospectively from the beginning of the first quarter accounting period. The company states that there was no impact on the quarterly financial statements.