Application of the Accounting Standard for Fair Value Measurement
First written in FY2022-Q1. 2 of 3 entries say "Restated". Latest entry: FY2022-Q3.
- FY2022-Q3RestatedAnnual report
「As a result, certain consolidated subsidiaries changed the fair value method for listed shares classified as other securities from one based on the average market prices and other values for the month preceding the fiscal year-end to one based on market prices and other values at the fiscal year-end, starting in the first quarter. The impact of this change on the quarterly consolidated financial statements is immaterial.」
The application of the accounting standards for fair value measurement and related standards, the change in the fair value measurement method for shares, and the immaterial impact on the financial statements continue to be disclosed. - FY2022-Q2RestatedAnnual report
「As a result, certain consolidated subsidiaries changed the fair value method for listed shares classified as other securities from one based on the average market prices and other values for the month preceding the fiscal year-end to one based on market prices and other values at the fiscal year-end, starting in the first quarter. The impact of this change on the quarterly consolidated financial statements is immaterial.」
The application of the accounting standards for fair value measurement and related standards, the change in the fair value measurement method for shares, and the immaterial impact on the financial statements continue to be disclosed. - FY2022-Q1First statedAnnual report
「The company 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 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), the company decided to apply prospectively the new accounting policies prescribed by the Fair Value Measurement Accounting Standard and other relevant standards.」
The company adopted the accounting standards for fair value measurement and related standards from 1 April 2021 and changed the fair value measurement method for shares held by certain consolidated subsidiaries from one based on the average market prices and other relevant figures during the month preceding the fiscal year-end to one based on the market prices and other relevant figures at the fiscal year-end. The impact on the financial statements was considered immaterial.