Application of the Accounting Standard for Fair Value Measurement and Review of Derivative Fair Value Measurement Methods
First written in FY2022-Q1. 3 of 6 entries say "Restated". Latest entry: FY2023-Q3.
- FY2023-Q3RestatedAnnual report
「The company adopted the Implementation Guidance on Accounting Standard for Fair Value Measurement (ASBJ Guidance No. 31, 17 June 2021; hereinafter, the “Fair Value Measurement Guidance”) from the beginning of the first quarter of the current consolidated fiscal year. In accordance with the transitional treatment prescribed in paragraph 27-2 of the Fair Value Measurement Guidance, the new accounting policy prescribed by the guidance will be applied prospectively.」
The company adopted the Implementation Guidance on Accounting Standard for Fair Value Measurement from the beginning of the fiscal year and continues to apply the new accounting policy prospectively. It states that there was no impact on the financial statements. - FY2023-Q1RestatedAnnual report
「The “Implementation Guidance on Accounting Standard for Fair Value Measurement” (Implementation Guidance No. 31, 17 June 2021; the “Fair Value Measurement Implementation Guidance”) was applied from the beginning of the first quarter of the current consolidated fiscal year. In accordance with the transitional treatment prescribed in Paragraph 27-2 of the Fair Value Measurement Implementation Guidance, the new accounting policies prescribed by the Fair Value Measurement Implementation Guidance are being applied prospectively.」
The company adopted the Implementation Guidance on Accounting Standard for Fair Value Measurement from the beginning of the first quarter of the current consolidated fiscal year and has applied the new accounting policy prospectively. It states that there was no impact on the financial statements. - FY2022RestatedAnnual report
「As a result, retained earnings at the beginning of the current consolidated fiscal year decreased by ¥13 million, other assets decreased by ¥19 million, other liabilities increased by ¥0 million, deferred tax assets increased by ¥5 million, and net assets per share decreased by ¥0.23.」
The company disclosed the full-year impact of adopting the Fair Value Measurement Accounting Standard and revising the method for measuring derivatives at fair value. - FY2022-Q3Disclosure of the impact of adopting the fair value measurement accounting standardsAnnual report
「As a result, retained earnings at the beginning of the nine-month period decreased by ¥13 million, other assets decreased by ¥19 million, other liabilities increased by ¥0 million, deferred tax assets increased by ¥5 million, and net assets per share decreased by ¥0.23.」
The company disclosed the specific impact on retained earnings at the beginning of the period and other items of revising the method for measuring derivatives at fair value in connection with the adoption of the Fair Value Measurement Accounting Standard and related standards. - FY2022-Q2AdvancedAnnual report
「The fair value of financial instruments is classified into the following 3 levels according to the observability and significance of the inputs used to measure fair value.」
In addition to adopting the Fair Value Measurement Accounting Standard, the company disclosed the classification of financial instruments' fair values into Levels 1 through 3 and provided more specific explanations of the valuation techniques and inputs used in fair value measurement. - FY2022-Q1First statedAnnual report
「The Accounting Standard for Fair Value Measurement (Accounting Standards Board of Japan Statement No. 30, 4 July 2019; hereinafter, the “Fair Value Measurement Standard”) and other related standards have been applied from the beginning of the first quarter of the current fiscal year. In accordance with paragraph 8 of the Fair Value Measurement Standard, the method for adjusting the fair value used in measuring the fair value of derivative transactions has been revised to a method that makes maximum use of observable inputs estimated from derivatives and other instruments traded in the market.」
The company adopted the Fair Value Measurement Accounting Standard and related standards from the beginning of the first quarter of the current consolidated fiscal year, and revised its method for measuring derivatives at fair value to make maximum use of observable inputs.