Change in Domestic Equity Valuation Method Following Application of the Accounting Standard for Fair Value Measurement
First written in FY2022-Q1. 1 of 3 entries say "Restated". Latest entry: FY2023-Q1.
- FY2023-Q1AdvancedAnnual report
「The Guidance on Implementation of 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 first quarter of the current 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 policy prescribed by the guidance will be applied prospectively.」
The Fair Value Measurement Accounting Standard Implementation Guidance was applied from the beginning of the first quarter of fiscal 2022, progressing to the stage of applying the new fair value measurement policy prospectively. - FY2022-Q3RestatedAnnual report
「Accordingly, domestic equities classified as other securities had generally been valued based on market prices calculated using the one-month average before the end of each quarter, but from the end of the first quarter they have been valued based on the market price on the last day of each quarter.」
Following the application of the fair value measurement accounting standard and related standards, the policy of valuing domestic equities at the market price on the quarter-end date continues to apply. - FY2022-Q1First statedAnnual report
「Accordingly, domestic equities classified as other securities had generally been valued based on market prices calculated using the one-month average before the end of each first quarter, but from the end of the first quarter of the current fiscal year they have been valued based on the market price on the last day of the first quarter of the current fiscal year.」
The fair value measurement accounting standard and related standards were applied from the beginning of the first quarter of fiscal 2021, changing the valuation basis for domestic equities from the one-month average price before the quarter-end to the market price on the quarter-end date.