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Sunnexta Group (8945) · PolicyRestated

Adoption of the Fair Value Measurement Standard

First written in FY2022-Q1. 2 of 3 entries say "Restated". Latest entry: FY2022-Q3.

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ProgressHeldSoftenedWorseRestatedFY2022-Q1 – FY2022-Q32021: 120212022: 22022
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  1. FY2022-Q3RestatedAnnual report

    「The company applied the Accounting Standard for Fair Value Measurement (Accounting Standards Board of Japan Statement No. 30, 4 July 2019, hereinafter the “Accounting Standard for Fair Value Measurement”) and related standards 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 Accounting Standard for Fair Value Measurement and paragraph 44-2 of the Accounting Standard for Financial Instruments (Accounting Standards Board of Japan Statement No. 10, 4 July 2019), the company will apply the new accounting policies prescribed by the Accounting Standard for Fair Value Measurement and related standards prospectively. There is no impact on the quarterly consolidated financial statements.」

    The company continued applying the accounting standard for fair value measurement adopted from the first quarter, and stated that there was no impact on the quarterly consolidated financial statements.
  2. FY2022-Q2RestatedAnnual report

    「The Group has 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 first quarter of the consolidated fiscal year. The new accounting policies prescribed by the Fair Value Measurement Standard and other standards will be applied prospectively. The application has had no effect on the quarterly consolidated financial statements.」

    The company continued applying the accounting standard for fair value measurement adopted from the first quarter, and stated that there was no impact on the quarterly consolidated financial statements.
  3. FY2022-Q1First statedAnnual report

    「We adopted the “Accounting Standard for Fair Value Measurement” (Accounting Standards Board of Japan Statement No. 30, 4 July 2019) and other relevant standards from the beginning of the first quarter of the current fiscal year and will apply the new accounting policies prescribed by those standards prospectively.」

    From the beginning of the first quarter of the current consolidated fiscal year, the company applied the accounting standard for fair value measurement and related standards prospectively. The company stated that there was no impact on the quarterly consolidated financial statements.
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Adoption of the Fair Value Measurement Standard | SUNNEXTA GROUP Inc. (8945) | Komori