Preparation for Adoption of Fair Value Measurement Accounting Standards
First written in FY2021. 1 of 3 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2022-Q3.
- FY2022-Q3RestatedAnnual report
「The company applied the Accounting Standard for Fair Value Measurement (Accounting Standard No. 30, 4 July 2019; hereinafter, the “Fair Value Measurement Standard”) and related standards from the beginning of the first quarter of the current consolidated fiscal year. In accordance with the transitional treatment prescribed in paragraph 19 of the Fair Value Measurement Standard and paragraph 44-2 of the Accounting Standard for Financial Instruments (Accounting Standard No. 10, 4 July 2019), the company will apply the new accounting policies prescribed by the Fair Value Measurement Standard and related standards prospectively.」
The new accounting policies relating to the accounting standards for fair value measurement and other standards applied from the beginning of the first-quarter accounting period continue to be applied. - FY2022-Q1AchievedAnnual report
「The Group adopted the “Accounting Standard for Fair Value Measurement” (ASBJ Statement No. 30, 4 July 2019) and other relevant standards from the beginning of the first quarter of the current fiscal year and will apply the new accounting policies prescribed by these standards prospectively in accordance with the transitional treatment set out in Paragraph 19 of the Fair Value Measurement Accounting Standard and Paragraph 44-2 of the “Accounting Standard for Financial Instruments” (ASBJ Statement No. 10, 4 July 2019).」
The accounting standards for fair value measurement and other standards that had been scheduled for application from the beginning of the fiscal year ending March 2022 were applied from the beginning of the current first-quarter consolidated accounting period. The valuation method for other securities was also changed to one based on fair value at the end of the period. - FY2021First statedAnnual report
「The "Accounting Standard for Fair Value Measurement" and the "Implementation Guidance on Accounting Standard for Fair Value Measurement," among others, are scheduled to be applied from the beginning of the fiscal year ending March 2022. The Company is assessing the impact as of the preparation date of these consolidated financial statements.」
The company planned to apply the accounting standards for fair value measurement and other standards relating to financial instruments, inventory valuation and fair value disclosures from the beginning of the fiscal year ending March 2022, and was assessing the impact.