Application of Accounting Standards for Fair Value Measurement and Disclosure of the Fair Value Hierarchy
First written in FY2022-Q2. 1 of 3 entries say "Restated". Latest entry: FY2023-Q1.
- FY2023-Q1Additional adoption of application guidanceAnnual report
「The “Implementation Guidance on Accounting Standard for Fair Value Measurement” (ASBJ 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 period. 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 guidance will be applied prospectively.」
Following the application of the fair value measurement accounting standard, the implementation guidance was also applied from the first quarter of fiscal 2022, and the new accounting policies have been applied prospectively. - FY2022RestatedAnnual report
「The notes on matters including the breakdown of financial instrument fair values by level were also disclosed.」
The fair value measurement accounting standard and related standards were applied for the full fiscal year, with disclosures classifying financial instrument fair values from Level 1 to Level 3. - FY2022-Q2First statedAnnual report
「The “Accounting Standard for Fair Value Measurement” (ASBJ Statement No. 30, 4 July 2019) and related standards were applied from the beginning of the current interim consolidated accounting period. 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” (ASBJ Statement No. 10, 4 July 2019), the new accounting policies prescribed by the fair value measurement standard and related standards will be applied prospectively.」
The fair value measurement accounting standard and related standards were applied from the beginning of the fiscal year, changing the measurement of listed shares at period-end from the average price for the final month of the period to the value based on the market price on the period-end date. The disclosure also began classifying financial instrument fair values from Level 1 to Level 3.