Application of the Fair Value Measurement Standard from the Fiscal Year Ending March 2022
First written in FY2021. 2 of 3 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2023-Q1.
- FY2023-Q1AchievedAnnual report
「The company adopted the Implementation Guidance on Accounting Standard for Fair Value Measurement (ASBJ Guidance No. 31, 17 June 2021; hereinafter the “Implementation Guidance on the Fair Value Measurement Accounting Standard”) from the beginning of the first quarter of the fiscal year under review. In accordance with the transitional treatment prescribed in Paragraph 27-2 of the Implementation Guidance on the Fair Value Measurement Accounting Standard, it will apply the new accounting policies prescribed by the guidance prospectively. This had no impact on the quarterly consolidated financial statements.」
Following the application of the accounting standards for fair value measurement, the company also applied the implementation guidance from the beginning of the first quarter under review and stated that there was no impact on the financial statements. - FY2022-Q1AchievedAnnual report
「We applied the "Accounting Standard for Fair Value Measurement" (ASBJ Statement No. 30, 4 July 2019) and related standards from the beginning of the first quarter of the consolidated fiscal year under review. In accordance with the transitional treatment specified in Paragraph 19 of the standard and Paragraph 44-2 of the "Accounting Standard for Financial Instruments" (ASBJ Statement No. 10, 4 July 2019), we will apply the new accounting policies specified by these standards prospectively. There was no impact.」
The company applied the accounting standards for fair value measurement and related standards that had been scheduled for application from the beginning of the fiscal year ending March 2022, and stated that there was no impact. - FY2021First statedAnnual report
「The Accounting Standard for Fair Value Measurement and related standards will be applied from the beginning of the fiscal year ending March 2022. The amount of the impact on the consolidated financial statements from applying the Accounting Standard for Fair Value Measurement and related standards has not yet been determined.」
For the first time, the company indicated that it planned to apply the accounting standards for fair value measurement and related standards for inventories and financial instruments from the beginning of the fiscal year ending March 2022, with the amount of the impact yet to be determined.