Adoption of the accounting standards for fair value measurement from the fiscal year ending March 2022
First written in FY2020. 1 of 3 entries say "Restated". Latest entry: FY2022-Q1.
- FY2022-Q1AchievedAnnual report
「We applied the Accounting Standard for Fair Value Measurement (Accounting Standard No. 30, 4 July 2019; hereinafter, the “Fair Value Measurement Standard”) and other relevant standards from the beginning of the current first-quarter consolidated accounting period. In accordance with the transitional treatment stipulated in Paragraph 19 of the Fair Value Measurement Standard and Paragraph 44-2 of the Accounting Standard for Financial Instruments (Accounting Standard No. 10, 4 July 2019), we will apply the new accounting policies prescribed by the Fair Value Measurement Standard and other relevant standards prospectively. There has been no material change in the methods used to measure fair value as a result.」
The company began applying the accounting standards for fair value measurement and related standards, which had been scheduled for adoption from the beginning of FY2022, from the beginning of the current first-quarter consolidated accounting period. It states that there were no material changes to the fair value measurement methods. - FY2021RestatedAnnual report
「We will apply the standard from the beginning of the fiscal year ending March 2022.」
The company reaffirmed its plan to apply the accounting standards for fair value measurement and related standards from the beginning of FY2022, and stated that the impact on the consolidated financial statements would be immaterial. - FY2020First statedAnnual report
「We will apply the standard from the beginning of the fiscal year ending March 2022.」
For the first time, the company states that it plans to apply the Accounting Standard for Fair Value Measurement, the accounting standards for the measurement of financial instruments and inventories, and related implementation guidance from the beginning of FY2022. The impact is currently undetermined.