Sato Sho-Ji (8065) · PolicyAchieved
Change in the impairment treatment of marketable securities to the quarterly write-off method
First written in FY2017-Q3. 1 of 2 entries say "Achieved", first in FY2017. Latest entry: FY2017.
2entries
1years
0from disclosures
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Same theme, other companies
Change in method for accounting for impairment of securitiesA theme 1 companies write about · 0 as a headwind · 0 as a tailwind
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- FY2017AchievedAnnual report
「For marketable securities classified as other securities, the Company changed to the quarterly non-reversal method from the third quarter of the current fiscal year.」
The accounting treatment was changed from the quarterly reversal method to the quarterly non-reversal method and applied from the third quarter, with annual financial statements prepared after retrospective application. - FY2017-Q3First statedAnnual report
「The Company had previously applied the quarterly reversal method to reversals of valuation losses recognized on securities at the end of each quarter based on impairment accounting. However, for marketable securities classified as other securities, the Company changed to the quarterly non-reversal method from the third quarter of the current fiscal year.」
The accounting method was changed from the quarterly reversal method to the quarterly non-reversal method and applied retrospectively, following a significant fluctuation in the market value of strategic shareholdings.