Changing the valuation method for other securities to the full net-asset method
First written in FY2019-Q1. 4 of 5 entries say "Restated". Latest entry: FY2026.
0 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Other securities Securities other than shares, etc. without market prices: We apply the market value method, with valuation differences treated under the full net asset method and cost of sales calculated using the moving-average method.」
The accounting policy of treating valuation differences on other securities under the full net asset method continues to be applied. - FY2019RestatedAnnual report
「Regarding valuation differences on other securities with market prices, we previously applied the partial net asset method. During the previous fiscal year, we no longer held any securities classified as other securities that we expected to sell based on market conditions. Following a review of the accounting method prompted by this change, the practice of applying the full net asset method, the standard accounting method, had become established. To improve comparability with other companies, we changed our accounting treatment to the full net asset method from the current fiscal year.」
The accounting policy changed from the partial net asset method to the full net asset method for valuing other securities continues to be applied for the full fiscal year. - FY2019-Q3RestatedAnnual report
「Regarding valuation differences on other securities with market prices, we previously applied the partial net asset method. During the previous consolidated fiscal year, we no longer held any securities classified as other securities that we expected to sell based on market conditions. Following a review of the accounting method prompted by this change, the practice of applying the full net asset method, the standard accounting method, had become established. To improve comparability with other companies, we changed our accounting treatment to the full net asset method from the first quarter.」
The valuation method for other securities changed in the first quarter continues to be applied in the third quarter. - FY2019-Q2RestatedAnnual report
「Regarding valuation differences on other securities with market prices, we previously applied the partial net asset method. During the previous consolidated fiscal year, we no longer held any securities classified as other securities that we expected to sell based on market conditions. Following a review of the accounting method prompted by this change, the practice of applying the full net asset method, the standard accounting method, had become established. To improve comparability with other companies, we changed our accounting treatment to the full net asset method from the first quarter.」
The valuation method for other securities changed in the first quarter continues to be applied in the second quarter. - FY2019-Q1First statedAnnual report
「Regarding valuation differences on other securities with market prices, we previously applied the partial net asset method. During the previous consolidated fiscal year, we no longer held any securities classified as other securities that we expected to sell based on market conditions. Following a review of the accounting method prompted by this change, the practice of applying the full net asset method, the standard accounting method, had become established. To improve comparability with other companies, we changed our accounting treatment to the full net asset method from the first quarter of the current consolidated fiscal year. As the effect of this change in accounting policy on prior periods was immaterial, we have not applied it retrospectively. The effect of the change on profit or loss for the cumulative first quarter of the current consolidated fiscal year was also immaterial.」
The accounting treatment for valuation differences on other securities was changed from the partial net asset method to the full net asset method. The reasons given were the cessation of holdings of securities expected to be sold, the establishment of the practice, and improved comparability with other companies. The effects on prior periods and profit or loss for the first quarter were considered immaterial.