Adoption of the Fair Value Measurement Accounting Standard and Related Guidance
First written in FY2023-Q1. 1 of 2 entries say "Advanced", first in FY2024-Q1. Latest entry: FY2024-Q1.
- FY2024-Q1AdvancedAnnual report
「The Implementation Guidance on the Accounting Standard for Fair Value Measurement (ASBJ Guidance No. 31, 17 June 2021, hereinafter the “Implementation Guidance on the Fair Value Measurement Standard”) has been applied from the beginning of the current first quarter of the consolidated fiscal year. In accordance with the transitional treatment stipulated in Paragraph 27-2 of the Implementation Guidance on the Fair Value Measurement Standard, the company will apply the new accounting policies stipulated by the guidance prospectively. There is no impact on the quarterly consolidated financial statements.」
Following the previously applied Accounting Standard for Fair Value Measurement and related standards, the Implementation Guidance on Accounting Standard for Fair Value Measurement was applied from the beginning of the first quarter. The company explained that this had no impact on the financial statements. - FY2023-Q1First statedAnnual report
「The Group adopted 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. Under the transitional treatment in paragraph 19, the new accounting policies prescribed by the standards will be applied prospectively. The standards had no impact on the quarterly consolidated financial statements.」
The Group first disclosed the prospective adoption of the fair-value measurement standards from the beginning of the first quarter and stated that there was no impact on the quarterly consolidated financial statements.