Planned adoption of fair value measurement accounting standards for the fiscal year ending March 2022
First written in FY2021. 1 of 2 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2022-Q1.
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- FY2022-Q1AchievedAnnual 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 standards from the beginning of the first quarter of the current consolidated fiscal year, and decided to apply the new accounting policies prescribed by the Fair Value Measurement Accounting Standard and other standards prospectively, 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 application of these accounting standards and other requirements had no impact on the quarterly consolidated financial statements.」
The Accounting Standard for Fair Value Measurement and related standards, which had been scheduled for adoption from the beginning of the fiscal year ending March 2022, were actually adopted, and the company stated that there was no impact on the quarterly consolidated financial statements. - FY2021First statedAnnual report
「The scheduled effective date for the Accounting Standard for Fair Value Measurement and related standards is the beginning of the fiscal year ending March 2022. The impact of adopting the Accounting Standard for Fair Value Measurement and related standards on the consolidated financial statements is currently being evaluated.」
The company first recorded its plan to adopt the Accounting Standard for Fair Value Measurement, the accounting standard for inventory valuation, the accounting standard for financial instruments and related standards from the beginning of the fiscal year ending March 2022, and stated that the impact was still being evaluated.