Application of the Accounting Standards for Fair Value Measurement and Fair Value Measurement of Investments and Other Assets Excluding Unlisted Investments

「Accordingly, among other securities, investments other than shares in unlisted investees, which had previously been measured at acquisition cost for balance-sheet purposes, have been measured at fair value from the beginning of the first quarter of the consolidated fiscal year, with resulting valuation differences recognized directly in net assets.」

「The Accounting Standard for Fair Value Measurement (Accounting Standard No. 30, 4 July 2019; hereinafter, the “Fair Value Measurement Standard”) and other standards were applied from the beginning of the first quarter of the current consolidated fiscal year. 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 (Accounting Standard No. 10, 4 July 2019), the new accounting policies prescribed by the Fair Value Measurement Standard and other standards were applied prospectively. Accordingly, among other securities, investments other than shares in unlisted investees, which had previously been measured at acquisition cost for balance-sheet purposes, have been measured at fair value from the beginning of the first quarter of the current consolidated fiscal year, with resulting valuation differences recognized directly in net assets.」