Application of the Fair Value Measurement Accounting Standards and Related Guidance for the Fiscal Year Ended February 2023
First written in FY2020. 1 of 2 entries say "Achieved", first in FY2023-Q2. Latest entry: FY2023-Q2.
- FY2023-Q2AchievedAnnual report
「The "Accounting Standard for Fair Value Measurement" (ASBJ Statement No. 30, 4 July 2019), among others, was applied from the beginning of the first quarter of the fiscal year. In accordance with the transitional treatment prescribed in paragraph 19 of the accounting standard for fair value measurement and paragraph 44-2 of the "Accounting Standard for Financial Instruments" (ASBJ Statement No. 10, 4 July 2019), the new accounting policies prescribed by the accounting standard for fair value measurement and related standards were applied prospectively.」
The accounting standard for fair value measurement and related standards, which had been scheduled for adoption from the beginning of the fiscal year ending February 2023, were actually adopted from the beginning of the first quarter of the fiscal year. There was no impact on the quarterly consolidated financial statements. - FY2020First statedAnnual report
「We will apply the "Accounting Standard for Fair Value Measurement" and the "Implementation Guidance on Accounting Standard for Fair Value Measurement," among others, from the beginning of the fiscal year ending February 2023.」
The company first stated that it planned to apply the accounting standard for fair value measurement, the related implementation guidance and standards concerning inventories and financial instruments, among others, from the beginning of the fiscal year ending February 2023. The impact of adoption was under evaluation.