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Seiko (6286) · InitiativeRestated

Adoption of accounting standards for fair value measurement

First written in FY2022-Q1. 3 of 4 entries say "Restated". Latest entry: FY2022.

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ProgressHeldSoftenedWorseAchievedFY2022-Q1RestatedFY2022-Q2 – FY20222021: 220212022: 22022
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  1. FY2022RestatedAnnual report

    「The company applied the Accounting Standard for Fair Value Measurement (Accounting Standard No. 30, issued on 4 July 2019; hereinafter, the “Fair Value Measurement Accounting Standard”) and other standards from the beginning 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 (Accounting Standard No. 10, issued on 4 July 2019), the company will apply prospectively the new accounting policies prescribed by the Fair Value Measurement Accounting Standard and other standards. The application had no impact on the consolidated financial statements.」

    The company continues to apply the Fair Value Measurement Accounting Standard and related standards, and states that there has been no impact on the consolidated financial statements.
  2. FY2022-Q3RestatedAnnual report

    「The company applied the Accounting Standard for Fair Value Measurement and other standards from the beginning of the first quarter of the consolidated fiscal year, and will apply prospectively the new accounting policies prescribed by the Fair Value Measurement Accounting Standard and other standards. The application had no impact on the quarterly consolidated financial statements.」

    The company continues to apply the Fair Value Measurement Accounting Standard and related standards, and states that there has been no impact on the quarterly consolidated financial statements.
  3. FY2022-Q2RestatedAnnual report

    「The company applied the Accounting Standard for Fair Value Measurement and other standards from the beginning of the first quarter of the consolidated fiscal year, and will apply prospectively the new accounting policies prescribed by the Fair Value Measurement Accounting Standard and other standards. The application had no impact on the quarterly consolidated financial statements.」

    The company continues to apply the Fair Value Measurement Accounting Standard and related standards, and states that there has been no impact on the quarterly consolidated financial statements.
  4. FY2022-Q1AchievedAnnual report

    「The company applied the Accounting Standard for Fair Value Measurement (Accounting Standard No. 30, issued on 4 July 2019; hereinafter, 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 (Accounting Standard No. 10, issued on 4 July 2019), the company will apply prospectively the new accounting policies prescribed by the Fair Value Measurement Accounting Standard and other standards. The application had no impact on the quarterly consolidated financial statements.」

    The company applied the Accounting Standard for Fair Value Measurement and other standards from the beginning of the first quarter of the current consolidated fiscal year. It states that there was no impact on the financial statements.
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Adoption of accounting standards for fair value measurement | SEIKO CORPORATION (6286) | Komori