Change in the Valuation Method for Securities Following Adoption of the Fair Value Measurement Standard
First written in FY2022-Q1. 3 of 4 entries say "Restated". Latest entry: FY2023.
- FY2023RestatedAnnual report
「A fair value method is used for other securities, excluding unlisted shares and other securities without market prices.」
The company continues its securities valuation policy following adoption of the accounting standards for fair value measurement. - FY2022RestatedAnnual report
「For listed shares classified as other securities, the company previously used a fair value method based on the average market price during the month before the fiscal year-end, but changed from the current consolidated fiscal year to a fair value method based on the market price on the fiscal year-end date.」
The company continued applying the accounting standards for fair value measurement, changing the valuation method from the one-month average before the fiscal year-end to the market price on the fiscal year-end date. The impact on the financial statements was immaterial. - FY2022-Q2RestatedAnnual report
「Accordingly, for listed shares classified as other securities, the company previously used a fair value method based on the average market price during the month before the fiscal year-end, but changed from the first-quarter consolidated accounting period to a fair value method based on the market price on the fiscal year-end date. The impact on the quarterly consolidated financial statements was immaterial.」
The company continued applying the accounting standards for fair value measurement and related standards, changing the valuation method for listed shares from the one-month average before the fiscal year-end to the market price on the fiscal year-end date. The impact on the financial statements was considered immaterial. - FY2022-Q1First statedAnnual report
「We applied the Accounting Standard for Fair Value Measurement and related standards from the beginning of the first quarter of the current consolidated fiscal year and, 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, will apply the new accounting policies prescribed by those standards prospectively.」
The company adopted the accounting standards for fair value measurement and related standards from the beginning of the current quarter, changing the valuation method for listed shares from the average market price during the month before the fiscal year-end to the market price on the fiscal year-end date. The impact on the financial statements was described as immaterial.