Preparation for the Adoption of New Standards on Fair Value Measurement, Accounting Policies and Accounting Estimates
First written in FY2020. 2 of 5 entries say "Advanced", first in FY2022-Q1. Latest entry: FY2023.
The whole theme swung hardest in 2024: 1 of 6 companies on the "Worse" side.
21 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The Implementation Guidance on the Accounting Standard for Fair Value Measurement was applied from the beginning of the current consolidated fiscal year, with no impact on the consolidated financial statements.」
The application of the Fair Value Measurement Accounting Standard Implementation Guidance from the beginning of the fiscal year and the absence of any impact on the financial statements were confirmed. - FY2023-Q2RestatedAnnual report
「The Implementation Guidance on the Accounting Standard for Fair Value Measurement (ASBJ Guidance No. 31, 17 June 2021, hereinafter the “Fair Value Measurement Accounting Standard Implementation Guidance”) was applied from the beginning of the current interim consolidated accounting period. In accordance with the transitional treatment prescribed in paragraph 27-2 of the Fair Value Measurement Accounting Standard Implementation Guidance, the new accounting policies prescribed by the guidance were applied prospectively. This had no impact on the interim consolidated financial statements.」
The Fair Value Measurement Accounting Standard Implementation Guidance was applied from the beginning of the current interim consolidated accounting period, and the absence of any impact on the financial statements was reaffirmed. - FY2023-Q1AdvancedAnnual report
「The Implementation Guidance on the Accounting Standard for Fair Value Measurement (ASBJ Guidance No. 31, 17 June 2021, hereinafter the “Fair Value Measurement Implementation Guidance”) was applied from the beginning of the first quarter of the current consolidated accounting period. In accordance with the transitional treatment prescribed in paragraph 27-2 of the Fair Value Measurement Implementation Guidance, the new accounting policies prescribed by the guidance have been applied prospectively. There was no impact on the quarterly consolidated financial statements.」
Following application of the Fair Value Measurement Accounting Standard, the Implementation Guidance on the Fair Value Measurement Accounting Standard was applied from the beginning of the first quarter of the fiscal year ending March 2022. It was stated that there was no impact on the financial statements. - FY2022-Q1AdvancedAnnual report
「The Accounting Standard for Fair Value Measurement (ASBJ Statement No. 30, hereinafter the “Fair Value Measurement Accounting Standard”) and other standards were applied from the beginning of the first quarter of the current consolidated fiscal year. In accordance with paragraph 8 of the Fair Value Measurement Accounting Standard, the method for measuring fair value adjustments in derivative transactions was revised to maximise the use of observable inputs estimated from derivatives and other instruments traded in markets. As a result, retained earnings at the beginning of the first quarter of the current consolidated fiscal year decreased by ¥754 million, other assets decreased by ¥1,114 million, other liabilities decreased by ¥27 million, deferred tax assets increased by ¥332 million, and net assets per share decreased by ¥0.62.」
The Fair Value Measurement Accounting Standard and other standards, previously scheduled for application from the fiscal year ending March 2022, were applied from the beginning of the first quarter of the current consolidated fiscal year, and the method for measuring fair value adjustments on derivatives was revised. The effects of the application on retained earnings and other items at the beginning of the period were also disclosed. - FY2020First statedAnnual report
「The Accounting Standard for Fair Value Measurement and other standards are scheduled to be applied from the beginning of the fiscal year ending March 2022.」
The planned application of new standards on fair value measurement, accounting policy disclosures, and accounting estimate disclosures from the end of the fiscal year ending March 2021 or the beginning of the fiscal year ending March 2022 was disclosed.