Change in the Method for Measuring Investment Securities Following the Application of the Accounting Standard for Fair Value Measurement
First written in FY2022-Q1. 3 of 4 entries say "Restated". Latest entry: FY2022.
- FY2022RestatedAnnual report
「Accordingly, for listed shares classified as other securities, we previously used a fair value method based on the average market price during the month preceding the fiscal year-end. From the current consolidated fiscal year, we changed to a fair value method based on the market price on the fiscal year-end date.」
Following adoption of the Accounting Standard for Fair Value Measurement, the valuation method based on the market price on the fiscal year-end date continues to be used. - FY2022-Q3RestatedAnnual report
「Accordingly, for listed shares classified as other securities, we previously used a fair value method based on the average market price during the month preceding the fiscal year-end. From the first quarter of the consolidated fiscal year, we changed to a fair value method based on the market price on the fiscal year-end date. As a result, compared with the previous method, investment securities, deferred tax liabilities and valuation difference on other securities in the quarterly consolidated balance sheet at the end of the third quarter decreased by ¥44 million, ¥13 million and ¥30 million, respectively.」
The fair value method based on the market price on the fiscal year-end date, applied from the first quarter, continues to be used, and the impact as of the end of the third quarter has been disclosed. - FY2022-Q2RestatedAnnual report
「Accordingly, for listed shares classified as other securities, we previously used a fair value method based on the average market price during the month preceding the fiscal year-end. From the first quarter of the consolidated fiscal year, we changed to a fair value method based on the market price on the fiscal year-end date. As a result, compared with the previous method, investment securities, deferred tax liabilities and valuation difference on other securities in the quarterly consolidated balance sheet at the end of the second quarter decreased by ¥282 million, ¥86 million and ¥196 million, respectively.」
The fair value method based on the market price on the fiscal year-end date, applied from the first quarter, continues to be used, and the impact as of the end of the second quarter has been disclosed. - FY2022-Q1First statedAnnual report
「We applied the Accounting Standard for Fair Value Measurement and related standards from the beginning of the first quarter of the current consolidated fiscal year and will apply the new accounting policies prescribed by these standards prospectively. Accordingly, for listed shares classified as other securities, we previously used a fair value method based on the average market price during the month preceding the fiscal year-end. From the first quarter of the current consolidated fiscal year, we have changed to a fair value method based on the market price on the fiscal year-end date.」
The Accounting Standard for Fair Value Measurement and related standards were applied from 1 April 2021, changing the valuation of listed shares from the average price during the month preceding the fiscal year-end to the market price on the fiscal year-end date. Investment securities decreased by ¥106 million, deferred tax liabilities by ¥32 million and valuation difference on other securities by ¥73 million.