Preparing to Apply the Implementation Guidance for the Fair Value Measurement Standard
First written in FY2022. 2 of 4 entries say "Restated". Latest entry: FY2023-Q3.
- FY2023-Q3RestatedAnnual report
「The “Implementation Guidance on the Accounting Standard for Fair Value Measurement” (ASBJ Guidance No. 31, 17 June 2021; hereinafter, the “Fair Value Measurement Guidance”) was applied from the beginning of the first quarter of the consolidated fiscal year. In accordance with the transitional treatment prescribed in paragraph 27-2 of the Fair Value Measurement Guidance, the new accounting policies prescribed by the guidance were applied prospectively. This change had no impact on the quarterly consolidated financial statements.」
The Bank reconfirmed the application of the Fair Value Measurement Guidance and the continued prospective application of the new accounting policies. It stated that there was no impact on the quarterly consolidated financial statements. - FY2023-Q2RestatedAnnual report
「The “Implementation Guidance on the Accounting Standard for Fair Value Measurement” (ASBJ Guidance No. 31, 17 June 2021; hereinafter, the “Fair Value Measurement Guidance”) was applied from the beginning of the current interim consolidated fiscal period, and the new accounting policies prescribed by the Fair Value Measurement Guidance were applied prospectively. Accordingly, investment trusts were classified into investment trusts whose underlying trust assets are financial instruments and those whose underlying trust assets are real estate. Fair value was measured after determining whether there were quoted market prices, significant restrictions on redemption and whether the net asset value could be treated as fair value. This change had no impact on the interim consolidated financial statements.」
The Bank continued to disclose the application of the Fair Value Measurement Guidance and the classification and fair value measurement methods for investment trusts. It stated that there was no impact on the financial statements. - FY2023-Q1AchievedAnnual report
「The “Implementation Guidance on the Accounting Standard for Fair Value Measurement” (ASBJ Guidance No. 31, 17 June 2021; hereinafter, the “Fair Value Measurement Guidance”) was applied from the beginning of the first quarter of the current consolidated fiscal year, and the new accounting policies prescribed by the Fair Value Measurement Guidance were applied prospectively. There was no impact on the quarterly consolidated financial statements.」
The Fair Value Measurement Guidance, which had been scheduled for application from the beginning of the fiscal year ending March 2023, was actually applied from the beginning of the first quarter of the consolidated fiscal year. It states that there was no impact on the financial statements. - FY2022First statedAnnual report
「“Implementation Guidance on the Accounting Standard for Fair Value Measurement” (ASBJ Guidance No. 31, 17 June 2021) Application date: The guidance is scheduled to be applied from the beginning of the fiscal year ending March 2023. The amount of the impact is being assessed at the time of preparation of these consolidated financial statements.」
The Bank disclosed that the guidance on fair value measurement, disclosures and other matters for investment trusts is scheduled to be applied from the beginning of the fiscal year ending March 2023 and that the amount of the impact is being assessed.