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Kyosan Electric Manufacturing (6742) · InitiativeRestated

Application of the Accounting Standards for Fair Value Measurement, etc., from the Fiscal Year Ending March 2022

First written in FY2021. 1 of 3 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2023-Q1.

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ProgressHeldSoftenedWorseAchievedFY2022-Q12021: 220212022: 12022
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  1. FY2023-Q1RestatedAnnual report

    「We have applied the Implementation Guidance on Accounting Standard for Fair Value Measurement (Accounting Standards Implementation Guidance No. 31, 17 June 2021; hereinafter, the Fair Value Measurement Implementation Guidance) from the beginning of the first quarter of the current fiscal year. In accordance with the transitional treatment prescribed in paragraph 27-2 of the Fair Value Measurement Implementation Guidance, the new accounting policies prescribed therein will be applied prospectively. There is no impact on the quarterly consolidated financial statements.」

    The Implementation Guidance on Accounting Standard for Fair Value Measurement has continued to be applied from the beginning of the first quarter of the current fiscal year, and the company stated that there was no impact on the quarterly consolidated financial statements.
  2. FY2022-Q1AchievedAnnual report

    「From the beginning of the first quarter of the fiscal year, we applied the Accounting Standard for Fair Value Measurement and related standards, applying the new accounting policies prescribed by those standards prospectively under the transitional provisions. There was no effect on the quarterly consolidated financial statements.」

    The Accounting Standards for Fair Value Measurement, etc. were applied from the beginning of the fiscal year ending March 2022. The company stated that there was no impact on the quarterly consolidated financial statements.
  3. FY2021First statedAnnual report

    「Accounting Standards for Fair Value Measurement, etc. (2) Scheduled date of application: The standards are scheduled to be applied from the beginning of the fiscal year ending March 2022. (3) Impact of application of the accounting standards, etc.: The amount of the impact had not been determined when these consolidated financial statements were prepared.」

    The Accounting Standards for Fair Value Measurement, etc. were scheduled to be applied from the beginning of the fiscal year ending March 2022, and the amount of the impact had not been determined.
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Application of the Accounting Standards for Fair Value Measurement, etc., from the Fiscal Year Ending March 2022 | Kyosan Electric Manufacturing Co.,Ltd. (6742) | Komori