Komori
Tokai Rika (6995) · InitiativeRestated

Application of the Fair Value Measurement Standard

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

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ProgressHeldSoftenedWorseRestatedFY2022-Q1 – FY20222021: 220212022: 22022
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Preparations for the adoption of accounting standards for fair value measurementA theme 1930 companies write about · 6 as a headwind · 3 as a tailwind
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  1. FY2022RestatedAnnual report

    「The Accounting Standard for Fair Value Measurement (ASBJ Statement No. 30, 4 July 2019; hereinafter, the “Fair Value Measurement Accounting Standard”) and other standards were applied 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 (ASBJ Statement No. 10, 4 July 2019), we decided to apply prospectively the new accounting policies prescribed by the Fair Value Measurement Accounting Standard and other standards. This has no effect on the consolidated financial statements.」

    The Fair Value Measurement Accounting Standard and other standards applied from the first quarter of the previous fiscal year have also been applied for the full year, with no effect on the financial statements disclosed.
  2. FY2022-Q3RestatedAnnual report

    「The Accounting Standard for Fair Value Measurement (ASBJ Statement No. 30, 4 July 2019; hereinafter, the “Fair Value Measurement Accounting Standard”) and other standards were applied from the beginning of the first quarter of the 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), we decided to apply prospectively the new accounting policies prescribed by the Fair Value Measurement Accounting Standard and other standards. This has no effect on the quarterly consolidated financial statements.」

    The Fair Value Measurement Accounting Standard and other standards applied from the beginning of the first quarter of the fiscal year continue to be applied, and it has been reconfirmed that they have no effect on the quarterly consolidated financial statements.
  3. FY2022-Q2RestatedAnnual report

    「The Accounting Standard for Fair Value Measurement (ASBJ Statement No. 30, 4 July 2019; hereinafter, the “Fair Value Measurement Accounting Standard”) and other standards were applied from the beginning of the first quarter of the 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), we decided to apply prospectively the new accounting policies prescribed by the Fair Value Measurement Accounting Standard and other standards. This has no effect on the quarterly consolidated financial statements.」

    The Fair Value Measurement Accounting Standard and other standards applied from the beginning of the first quarter of the fiscal year continue to be applied, and it has been reconfirmed that they have no effect on the quarterly consolidated financial statements.
  4. FY2022-Q1First statedAnnual 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 related standards from the beginning of the first quarter of the fiscal year under review and applied the new accounting policies prospectively. It disclosed that there was no impact on the quarterly consolidated financial statements.
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