Planned Application of Fair Value Measurement Accounting Standards from the Fiscal Year Ending March 2022
First written in FY2021. 1 of 4 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2023-Q2.
- FY2023-Q2RestatedAnnual report
「The Implementation Guidance on 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 first quarter of the current consolidated fiscal year. In accordance with the transitional treatment prescribed in paragraph 27-2 of the Fair Value Measurement Accounting Standard Implementation Guidance, we will apply the new accounting policies prescribed therein prospectively.」
The continued application in the second quarter of the Fair Value Measurement Accounting Standard Implementation Guidance, which was applied from the beginning of the fiscal year ending March 2022, has been confirmed. - FY2023-Q1AdvancedAnnual report
「The Implementation Guidance on the Accounting Standard for Fair Value Measurement (Accounting Standard Implementation Guidance No. 31, 17 June 2021, hereinafter the “Implementation Guidance on the Accounting Standard for Fair Value Measurement”) was applied from the beginning of the first quarter of the current consolidated fiscal year. In accordance with the transitional treatment prescribed in Paragraph 27-2 of the Implementation Guidance on the Accounting Standard for Fair Value Measurement, the new accounting policies prescribed by the Implementation Guidance on the Accounting Standard for Fair Value Measurement will be applied prospectively.」
Following the application of the accounting standards for fair value measurement, the 2021 revised implementation guidance was also applied from the beginning of the first quarter of the current fiscal year. There was no impact on the financial statements. - FY2022-Q1AchievedAnnual report
「We applied the “Accounting Standard for Fair Value Measurement” (Accounting Standard No. 30, 4 July 2019) and other standards from the beginning of the first quarter of the current consolidated fiscal year.」
The accounting standards for fair value measurement and other standards that had been scheduled for application from the beginning of the fiscal year ending March 2022 were applied from the beginning of the first quarter of the current fiscal year. There was no impact on the quarterly consolidated financial statements. - FY2021First statedAnnual report
「The Accounting Standard for Fair Value Measurement and the Implementation Guidance on the Accounting Standard for Fair Value Measurement and related standards were scheduled for adoption from the beginning of the fiscal year ending March 2022. The impact was being assessed when the consolidated financial statements were prepared.」
The accounting standards for fair value measurement, inventory valuation and financial instruments, among others, are scheduled to be applied from the beginning of the fiscal year ending March 2022, and the effects are currently being assessed.