Preparation for Applying the Accounting Standard for Fair Value Measurement and Related Standards for the Fiscal Year Ending March 2022
First written in FY2020. 1 of 2 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2022-Q1.
- FY2022-Q1AchievedAnnual report
「We have 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 current consolidated fiscal year. In accordance with the transitional treatment specified 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 related standards will be applied prospectively.」
The accounting standards and related requirements on fair value measurement scheduled for application from the beginning of the fiscal year ending March 2022 were applied from the beginning of the first quarter of the current consolidated fiscal year. They were deemed to have no impact on the quarterly consolidated financial statements. - FY2020First statedAnnual report
「The standard is scheduled to be applied from the beginning of the fiscal year ending March 2022. The amount of the impact was being assessed when these consolidated financial statements were prepared.」
The company planned to apply from the beginning of the fiscal year ending March 2022 the accounting standard on fair value measurement, the implementation guidance and other implementation guidance on disclosures of the fair value of financial instruments, and was assessing the impact.