Preparation for Adopting Fair Value Measurement Standards
First written in FY2020. 1 of 3 entries say "Restated". Latest entry: FY2022-Q1.
- FY2022-Q1AchievedAnnual report
「We applied 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 current consolidated fiscal year. In accordance with the transitional treatment prescribed in Paragraph 19 of the standard and Paragraph 44-2 of the Accounting Standard for Financial Instruments, we will apply the new accounting policies prescribed by these standards prospectively. There was no impact on the quarterly consolidated financial statements.」
The Company applied the Accounting Standard for Fair Value Measurement and related standards from the beginning of the first quarter consolidated accounting period under review and completed their application. It states that there was no impact on the financial statements. - FY2021RestatedAnnual report
「The standard will be applied from the beginning of the fiscal year ending March 2022.」
The Company reiterates its plan to apply the Accounting Standard for Fair Value Measurement and related standards from the beginning of the fiscal year ending March 2022. - FY2020First statedAnnual report
「(2) Scheduled application date: The standards will be applied from the beginning of the fiscal year ending March 2022. …The amount of the impact on the consolidated financial statements from applying the Accounting Standard for Fair Value Measurement and other standards has not been determined at this time.」
The Company has disclosed that the Accounting Standard for Fair Value Measurement and standards relating to inventories and financial instruments are scheduled to be applied from the beginning of the fiscal year ending March 2022, with the amount of the impact yet to be determined.