Application of Accounting Standards on Fair Value Measurement for the Fiscal Year Ending March 2022
First written in FY2020. 2 of 4 entries say "Achieved", first in FY2022. Latest entry: FY2023-Q1.
- FY2023-Q1AchievedAnnual report
「The Company applied the Implementation Guidance on Accounting Standard for Fair Value Measurement (Guidance on Accounting Standards No. 31, 17 June 2021; hereinafter, the "Fair Value Measurement Implementation Guidance") 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 Implementation Guidance, the Company decided to apply the new accounting policies prescribed by the guidance prospectively. This had no impact on the quarterly consolidated financial statements.」
Following the application of the Fair Value Measurement Standard, the related implementation guidance was also applied in practice from the beginning of the current first quarter of the consolidated fiscal year. It was disclosed that there was no impact on the financial statements. - FY2022AchievedAnnual report
「The Company applied the Accounting Standard for Fair Value Measurement (Accounting Standard No. 30, 4 July 2019; hereinafter, the "Fair Value Measurement Standard") and other standards from the beginning 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 Company decided to apply the new accounting policies prescribed by the Fair Value Measurement Standard and other standards prospectively.」
The Fair Value Measurement Standard and other standards, which had been scheduled for application from the beginning of the fiscal year ending March 2022, were applied in practice, and disclosures on fair value levels of financial instruments and other matters commenced. - FY2021-Q1RestatedAnnual report
「There have been no material changes to the assumptions, including the timing of the containment of COVID-19, described in the annual securities report for the previous fiscal year.」
It is stated that there have been no material changes from the previous fiscal year in the accounting assumptions, including the timing of the containment of COVID-19. - FY2020First statedAnnual report
「(2) Scheduled application date The standards will be applied from the beginning of the fiscal year ending March 2022. (3) Impact of applying the accounting standards and other requirements The amount of the impact on the consolidated financial statements from applying the Accounting Standard for Fair Value Measurement and other requirements has not yet been determined.」
The Company planned to apply the Accounting Standard for Fair Value Measurement, the Accounting Standard for Measurement of Inventories, the Accounting Standard for Financial Instruments, and other standards from the beginning of the fiscal year ending March 2022, with the amount of the impact yet to be determined.