Adoption of Guidance on Accounting Standards for Fair Value Measurement
First written in FY2023-Q1. 1 of 2 entries say "Restated". Latest entry: FY2023-Q3.
- FY2023-Q3RestatedAnnual report
「We have applied the Implementation Guidance on Accounting Standard for Fair Value Measurement (ASBJ Guidance No. 31, 17 June 2021, hereinafter the “Fair Value Measurement Implementation Guidance”) from the beginning of the first quarter accounting period. In accordance with the transitional treatment prescribed in paragraph 27-2 of the Fair Value Measurement Implementation Guidance, we will apply the new accounting policies prescribed by the Fair Value Measurement Implementation Guidance prospectively. This has no impact on the quarterly financial statements.」
The company continues to disclose its application of the Implementation Guidance on the Fair Value Measurement Standard and that there is no impact on the financial statements. - FY2023-Q1First statedAnnual report
「The Implementation Guidance on Accounting Standard for Fair Value Measurement (ASBJ Guidance No. 31, 17 June 2021; hereinafter, the “Fair Value Measurement Accounting Guidance”) was applied from the beginning of the first quarter. In accordance with the transitional treatment prescribed in Paragraph 27-2 of the Fair Value Measurement Accounting Guidance, the new accounting policies prescribed by the guidance will be applied prospectively. There is no impact on the quarterly financial statements.」
The company applied the Implementation Guidance on Accounting Standard for Fair Value Measurement from the beginning of the first quarter of the current fiscal year and is applying the new accounting policy prospectively. It states that there is no impact on the quarterly financial statements.