Adoption of the Accounting Standard for Fair Value Measurement and Related Standards
First written in FY2022-Q1. 1 of 2 entries say "Advanced", first in FY2023-Q1. Latest entry: FY2023-Q1.
- FY2023-Q1AdvancedAnnual report
「The Guidance on Accounting Standard for Fair Value Measurement (Accounting Standards Implementation Guidance No. 31, 17 June 2021; hereinafter, the “Fair Value Measurement Guidance”) was applied from the beginning of the first quarter of the current consolidated fiscal year. In accordance with the transitional treatment prescribed in paragraph 27-2 of the Fair Value Measurement Guidance, the new accounting policies prescribed by the guidance will be applied prospectively. There was no impact on the quarterly consolidated financial statements.」
Following adoption of the Fair Value Measurement Accounting Standard, the company also adopted the related implementation guidance from the beginning of the quarter. It states that there was no impact on the financial statements. - FY2022-Q1First statedAnnual report
「The group applied the Accounting Standard for Fair Value Measurement (ASBJ Statement No. 30, 4 July 2019; hereinafter, the “Fair Value Measurement Accounting Standard”) and other relevant standards from the beginning of the first quarter of the current fiscal year. In accordance with the transitional treatment prescribed in paragraph 19 of the Fair Value Measurement Accounting Standard and paragraph 44-2 of the Accounting Standard for Financial Instruments (ASBJ Statement No. 10, 4 July 2019), the group decided to apply the new accounting policies prescribed by the Fair Value Measurement Accounting Standard and other relevant standards prospectively.」
The company adopted the Fair Value Measurement Standard and related standards from the beginning of the current quarter, but stated that there was no impact on the quarterly consolidated financial statements.