Adoption of Limited Improvements to Hedge Accounting (ASU 2017-12)
First written in FY2020-Q1. 2 of 3 entries say "Restated". Latest entry: FY2020.
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- FY2020RestatedAnnual report
「The Group has applied this ASU since fiscal 2020. The application of this ASU had no material impact on the Group's operating results or financial condition.」
The full-year disclosure continues to state that ASU 2017-12 has been applied and that it had no material impact on operating results or financial condition. - FY2020-Q3RestatedAnnual report
「The Group has applied this ASU from the first quarter of the current consolidated accounting period. The application of this ASU had no material impact on the Group's operating results or financial condition.」
The application of ASU 2017-12 and the explanation that it had no material impact on operating results or financial condition remain unchanged. - FY2020-Q1First statedAnnual report
「In August 2017, FASB issued ASU 2017-12, Limited Improvements to Accounting for Hedging Activities. This ASU is intended to simplify the application of hedge accounting in certain circumstances and more appropriately reflect the economic results of companies' risk management activities in their financial statements. The Group has applied this ASU from the first quarter of the current consolidated accounting period. The application of this ASU had no material impact on the Group's operating results or financial condition.」
ASU 2017-12, which is intended to simplify the application of hedge accounting and reflect risk management activities in the financial statements, was applied from the first quarter.