Application of Accounting Standards for Fair Value Measurement and Related Standards for the Fiscal Year Ending March 2022
First written in FY2021. 1 of 2 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2022-Q1.
- FY2022-Q1AchievedAnnual report
「The group applied the Accounting Standard for Fair Value Measurement (ASBJ Statement No. 30, 4 July 2019; hereinafter, the “Fair Value Measurement Accounting Standard”) and other relevant standards from the beginning of the first quarter 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 group decided to apply the new accounting policies prescribed by the Fair Value Measurement Accounting Standard and other relevant standards prospectively.」
The accounting standards for the measurement of fair value and related standards, which had been scheduled for adoption from the beginning of the fiscal year ending March 2022, were adopted from the beginning of the first quarter of the current fiscal year. There was no impact on the quarterly consolidated financial statements. - FY2021First statedAnnual report
「(2) Scheduled date of application The standard will be applied from the beginning of the fiscal year ending March 2022. (3) Impact of applying the accounting standard and related guidance The application of the Accounting Standard for Fair Value Measurement and related standards will have no impact on the consolidated financial statements.」
The company first disclosed its plan to apply the accounting standards for the measurement of fair value and related standards from the beginning of the fiscal year ending March 2022, and expects no impact.