Preparation for Adoption of the Accounting Standard for Fair Value Measurement
First written in FY2021. 2 of 5 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2023.
- FY2023RestatedAnnual report
「The "Implementation Guidance on Accounting Standard for Fair Value Measurement" was applied from the beginning of the current consolidated fiscal year, and the new accounting policies prescribed by the Fair Value Measurement Accounting Standard Implementation Guidance have been applied prospectively. This had no impact on the consolidated financial statements.」
The Fair Value Measurement Accounting Standard Implementation Guidance continues to be applied from the beginning of the fiscal year, with no impact on the financial statements. - FY2023-Q1AdvancedAnnual report
「The "Implementation Guidance on Accounting Standard for Fair Value Measurement" (ASBJ Guidance No. 31, 17 June 2021, hereinafter the "Fair Value Measurement Accounting Standard Implementation Guidance") was applied from the beginning of the current first quarter of the consolidated fiscal year. In accordance with the transitional treatment prescribed in paragraph 27-2 of the Fair Value Measurement Accounting Standard Implementation Guidance, the new accounting policies prescribed by the guidance have been applied prospectively. This had no impact on the consolidated financial statements for the current first quarter.」
Following the application of the Fair Value Measurement Accounting Standard, the related implementation guidance was also applied from the beginning of the first quarter of the current consolidated fiscal year. The company stated that there was no impact on the financial statements. - FY2022-Q2AdvancedAnnual report
「In the notes on financial instruments, the Bank began disclosing information on the breakdown of fair values by level and related matters.」
Following the application of the accounting standard for fair value measurement, the notes disclose the breakdown of financial instruments classified as Level 1, Level 2 and Level 3 by fair value. - FY2022-Q1AchievedAnnual report
「The "Accounting Standard for Fair Value Measurement" and related standards were applied from the beginning of the current first quarter of the consolidated 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 have been applied prospectively. This had no impact on the consolidated financial statements for the current first quarter.」
The accounting standard for fair value measurement and related standards were actually applied from the beginning of the fiscal year ending March 2022. The disclosure states that there was no impact on the financial statements. - FY2021First statedAnnual report
「The Fair Value Measurement Standard and related standards are scheduled to be applied from the beginning of the fiscal year ending March 2022.」
The Bank planned to apply the accounting standards for fair value measurement and related standards from the beginning of the fiscal year ending March 2022, with the amount of the impact on the consolidated financial statements yet to be determined.