Policy and Independent Review of Level 3 Fair Value Measurements
First written in FY2018-Q2. 4 of 22 entries say "Restated". Latest entry: FY2026-H1.
0 other companies' latest entry also says "Other".
- FY2026-H1Update to Level 3 Valuation Inputs at the Interim Period-EndAnnual report
「At the end of the previous consolidated fiscal year and the end of the current interim consolidated accounting period, the weighted-average discount rates used by the Company and its consolidated subsidiaries to measure fair value were 12.0% and 11.2%, respectively.」
The weighted-average discount rate used for fair value measurements of Level 3 investments declined from 12.0% at the previous fiscal year-end to 11.2% at the interim period-end. The framework for measurement based on internal policies, third-party valuations where necessary, and independent review remains in place. - FY2025Update to Level 3 Valuation Inputs at the Fiscal Year-EndAnnual report
「At the end of the previous consolidated fiscal year and the end of the current consolidated fiscal year, the weighted-average discount rates used by the Company and its consolidated subsidiaries to measure fair value were 14.5% and 12.0%, respectively.」
The weighted-average discount rate for Level 3 investments was updated from 14.5% at the previous fiscal year-end to 12.0% at the current fiscal year-end. The framework of internal policies, third-party valuations where necessary, and independent review remains in place. - FY2025-H1Update to Level 3 Valuation Inputs at the Interim Period-EndAnnual report
「At the end of the previous consolidated fiscal year and the end of the current interim consolidated accounting period, the weighted-average discount rates used by the Company and its consolidated subsidiaries to measure fair value were 14.5% and 14.4%, respectively.」
The weighted-average discount rate for Level 3 investments was updated from 14.5% at the previous fiscal year-end to 14.4% at the interim period-end. The framework for measurement based on internal policies, third-party valuations where necessary, and independent review remains in place. - FY2024Update to Level 3 Valuation InputsAnnual report
「At the end of the previous consolidated fiscal year and the end of the current consolidated fiscal year, the weighted-average discount rates used by the Company and its consolidated subsidiaries to measure fair value were 17.1% and 14.5%, respectively.」
The weighted-average discount rate for Level 3 investments declined from 17.1% at the previous fiscal year-end to 14.5% at the current fiscal year-end. The framework of internal policies, third-party valuations where necessary, and independent review remains in place. - FY2024-Q3Update to Level 3 Valuation InputsAnnual report
「At the end of the previous consolidated fiscal year and the end of the current third-quarter consolidated accounting period, the weighted-average discount rates used by the Company and its consolidated subsidiaries to measure fair value were 17.1% and 12.8%, respectively.」
The weighted-average discount rate used for fair value measurements of Level 3 investments was updated from 17.1% at the previous fiscal year-end to 12.8% at the third-quarter-end. The framework for measurement based on internal policies, third-party valuations where necessary, and review by an independent corporate staff group remains in place. - FY2024-Q2Update to Level 3 Valuation InputsAnnual report
「At the end of the previous consolidated fiscal year and the end of the current second-quarter consolidated accounting period, the weighted-average discount rates used by the Company and its consolidated subsidiaries to measure fair value were 17.1% and 17.7%, respectively.」
The weighted-average discount rate used for fair value measurements of Level 3 investments was updated from 17.1% at the previous fiscal year-end to 17.7% at the second-quarter-end. The framework of internal policies, third-party valuations where necessary, and independent review remains in place. - FY2024-Q1Update to Level 3 Valuation InputsAnnual report
「The significant unobservable input for measuring the fair value of investments classified as Level 3 among assets and liabilities measured at fair value on a recurring basis is the discount rate. At the end of the previous consolidated fiscal year and the end of the current first-quarter consolidated accounting period, the weighted-average discount rates used by the Company and its consolidated subsidiaries to measure fair value were 17.1% and 17.6%, respectively.」
The weighted-average discount rate used for fair value measurements of Level 3 investments was updated from 17.1% at the previous fiscal year-end to 17.6% at the current first-quarter-end. - FY2023Update to Level 3 Valuation InputsAnnual report
「At the end of the previous consolidated fiscal year and the end of the current consolidated fiscal year, the weighted-average discount rates used by the Company and its consolidated subsidiaries to measure fair value were 12.0% and 17.1%, respectively.」
Updated the weighted-average discount rate for Level 3 investments from 12.0% at the previous fiscal year-end to 17.1% at the current fiscal year-end. The framework of internal policies, third-party valuations where necessary, and independent review remains in place. - FY2023-Q3Update to Level 3 Valuation InputsAnnual report
「The significant unobservable input for measuring the fair value of investments classified as Level 3 among assets and liabilities measured at fair value on a recurring basis is the discount rate. At the end of the previous consolidated fiscal year and the end of the current third-quarter consolidated accounting period, the weighted-average discount rates used by the Company and its consolidated subsidiaries to measure fair value were 12.0% and 13.2%, respectively. For assets and liabilities classified as Level 3, the relevant departments determine the valuation methods for the assets and liabilities and measure their fair value in accordance with the fair value measurement policies and procedures established by the Company. Where necessary, the Company obtains appraisal reports and other information from appropriate third-party valuation institutions. The results of fair value measurements are reviewed by a corporate staff group independent of the relevant departments.」
The weighted-average discount rate for Level 3 investments was updated from 12.0% at the previous fiscal year-end to 13.2% at the third-quarter-end. The framework for internal measurement, third-party valuations where necessary, and independent review remains in place. - FY2023-Q2Update to Level 3 Valuation InputsAnnual report
「The significant unobservable input for measuring the fair value of investments classified as Level 3 among assets and liabilities measured at fair value on a recurring basis is the discount rate. At the end of the previous consolidated fiscal year and the end of the current second-quarter consolidated accounting period, the weighted-average discount rates used by the Company and its consolidated subsidiaries to measure fair value were 12.0% and 17.3%, respectively.」
The weighted-average discount rate used for fair value measurements of Level 3 investments was updated from 12.0% at the previous fiscal year-end to 17.3% at the second-quarter-end. - FY2023-Q1Update to Level 3 Valuation InputsAnnual report
「The significant unobservable input for measuring the fair value of investments classified as Level 3 among assets and liabilities measured at fair value on a recurring basis is the discount rate. At the end of the previous consolidated fiscal year and the end of the current first-quarter consolidated accounting period, the weighted-average discount rates used by the Company and its consolidated subsidiaries to measure fair value were 12.0% and 14.2%, respectively.」
Updated the weighted-average discount rate used for fair value measurements of Level 3 investments from 12.0% at the previous fiscal year-end to 14.2% at the first-quarter-end. The framework for internal measurement, third-party valuations where necessary, and independent review remains in place. - FY2022Update to Level 3 Valuation InputsAnnual report
「At the end of the previous consolidated fiscal year and the end of the current consolidated fiscal year, the discount rates used by the Company and its consolidated subsidiaries to measure fair value were 4.7% to 12.3% and 7.2% to 16.4%, respectively.」
Updated the discount rate range used for Level 3 fair value measurements to 7.2%–16.4% at the fiscal year-end. The framework for internal measurement, third-party valuations, and independent review remains in place. - FY2022-Q3Update to Level 3 Valuation InputsAnnual report
「At the end of the previous consolidated fiscal year and the end of the current third-quarter consolidated accounting period, the discount rates used by the Company and its consolidated subsidiaries to measure fair value were 4.7% to 12.3% and 7.1% to 12.8%, respectively.」
Updated the discount rate range used for Level 3 fair value measurements from 4.7%–12.3% at the previous fiscal year-end to 7.1%–12.8% at the third-quarter-end. - FY2022-Q2Update to Level 3 Valuation InputsAnnual report
「The significant unobservable input for measuring the fair value of investments classified as Level 3 among assets and liabilities measured at fair value on a recurring basis is the discount rate. At the end of the previous consolidated fiscal year and the end of the current second-quarter consolidated accounting period, the discount rates used by the Company and its consolidated subsidiaries to measure fair value were 4.7% to 12.3% and 4.7% to 12.7%, respectively.」
The upper end of the discount rate range used to measure the fair value of Level 3 investments was updated from 12.3% at the previous fiscal year-end to 12.7% at the second-quarter-end. The framework for internal measurement, third-party valuations where necessary, and independent review remains in place. - FY2022-Q1Update to Level 3 Valuation InputsAnnual report
「The significant unobservable input for measuring the fair value of investments classified as Level 3 among assets and liabilities measured at fair value on a recurring basis is the discount rate. At the end of the previous consolidated fiscal year and the end of the current first-quarter consolidated accounting period, the discount rates used by the Company and its consolidated subsidiaries to measure fair value were 4.7% to 12.3% and 4.7% to 12.5%, respectively. For assets and liabilities classified as Level 3, the relevant departments determine the valuation methods for the assets and liabilities and measure their fair value in accordance with the fair value measurement policies and procedures established by the Company. Where necessary, the Company obtains appraisal reports and other information from appropriate third-party valuation institutions. The results of fair value measurements are reviewed by a corporate staff group independent of the relevant departments.」
Updated the discount rate range used for Level 3 fair value measurements from 4.7%–12.3% to 4.7%–12.5%, while maintaining the framework of internal measurement, third-party valuations, and independent review. - FY2021Update to Level 3 Valuation InputsAnnual report
「At the end of the previous consolidated fiscal year and the end of the current consolidated fiscal year, the discount rates used by the Company and its consolidated subsidiaries to measure fair value were 5.8% to 11.4% and 4.7% to 12.3%, respectively.」
Updated the discount rate range for Level 3 fair value measurements from 5.8%–11.4% to 4.7%–12.3%. The framework for internal measurement, third-party valuations where necessary, and independent review remains in place. - FY2021-Q3Update to Level 3 Valuation InputsAnnual report
「At the end of the previous consolidated fiscal year and the end of the current third-quarter consolidated accounting period, the discount rates used by the Company and its consolidated subsidiaries to measure fair value were 5.8% to 11.4% and 4.9% to 10.4%, respectively.」
Updated the discount rate range used for fair value measurements of Level 3 investments and other assets from 5.8%–11.4% at the fiscal year-end to 4.9%–10.4% at the third-quarter-end. The framework of internal policies, third-party valuations where necessary, and review by an independent corporate staff group remains in place. - FY2021-Q2RestatedAnnual report
「For assets and liabilities classified as Level 3, the relevant departments determine the valuation methods for the assets and liabilities and measure their fair value in accordance with the fair value measurement policies and procedures established by the Company. Where necessary, the Company obtains appraisal reports and other information from appropriate third-party valuation institutions. The results of fair value measurements are reviewed by a corporate staff group independent of the relevant departments.」
Reconfirmed the measurement of Level 3 fair value based on internal policies, third-party valuations where necessary, and review by an independent corporate staff group. - FY2019-Q3RestatedAnnual report
「Other investments classified as Level 3 consist mainly of equity securities without an active market, while derivative transactions consist mainly of commodity-related derivatives. Because observable inputs cannot be used due to the absence of similar assets or liabilities in active markets, or because quoted prices have been distorted by extremely low liquidity or other factors, these investments are valued primarily using the income approach based on reasonably obtainable inputs and inputs that many market participants consider reasonable and use.」
Continued to disclose the valuation of Level 3 fair value measurements using unobservable inputs and the framework of internal policies, third-party valuations, and review by an independent corporate staff group. - FY2019-Q1RestatedAnnual report
「For assets and liabilities classified as Level 3, the relevant departments determine the valuation methods for the assets and liabilities and measure their fair value in accordance with the fair value measurement policies and procedures established by the Company. Where necessary, the Company obtains appraisal reports and other information from appropriate third-party valuation institutions. The results of fair value measurements are reviewed by a corporate staff group independent of the relevant departments.」
Reiterated the framework for measuring Level 3 assets and liabilities based on internal policies, obtaining third-party valuations where necessary, and conducting reviews by an independent corporate staff group. - FY2018-Q3RestatedAnnual report
「For assets and liabilities classified as Level 3, the relevant departments determine the valuation methods for the assets and liabilities and measure their fair value in accordance with the fair value measurement policies and procedures established by the Company. Where necessary, the Company obtains appraisal reports and other information from appropriate third-party valuation institutions. The results of fair value measurements are reviewed by a corporate staff group independent of the relevant departments.」
Reiterated the measurement of Level 3 assets and liabilities based on internal policies, third-party valuations where necessary, and review by an independent corporate staff group. - FY2018-Q2First statedAnnual report
「For assets and liabilities classified as Level 3, the relevant departments determine the valuation methods for the assets and liabilities and measure their fair value in accordance with the fair value measurement policies and procedures established by the Company. Where necessary, the Company obtains appraisal reports and other information from appropriate third-party valuation institutions. The results of fair value measurements are reviewed by a corporate staff group independent of the relevant departments.」
Described the framework for measuring Level 3 assets and liabilities using unobservable inputs in accordance with internal policies, obtaining third-party valuations where necessary, and conducting reviews by an independent corporate staff group.