Application of the accounting standard for fair value measurement in 2022
First written in FY2020. 1 of 4 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2023-Q3.
- FY2023-Q3RestatedAnnual report
「The Implementation Guidance on Accounting Standard for Fair Value Measurement (ASBJ 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 policy prescribed by the guidance was applied prospectively. There is no impact on the quarterly consolidated financial statements.」
The implementation guidance for the fair value measurement standards was applied from the beginning of the first quarter, and the treatment stating that there was no impact on the financial statements has been continued. - FY2023-Q1Additional adoption of the implementation guidanceAnnual report
「The company applied the Implementation Guidance on Accounting Standard for Fair Value Measurement (ASBJ Guidance No. 31, 17 June 2021; hereinafter, the “Fair Value Measurement Guidance”) 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 company will apply the new accounting policies prescribed in the guidance prospectively. There is no impact on the quarterly consolidated financial statements.」
In addition to the fair value measurement standards already adopted, the implementation guidance revised in 2021 was applied from the beginning of the first quarter. The company states that there was no impact on the financial statements. - FY2022-Q1AchievedAnnual 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.」
The fair value measurement standards and related standards that had been scheduled for adoption from the beginning of the fiscal year ending April 2022 were applied from the beginning of the current first quarter of the consolidated fiscal year. There was no impact on the quarterly consolidated financial statements. - FY2020First statedAnnual report
「The Accounting Standard for Fair Value Measurement and related standards will be applied from the beginning of the fiscal year ending April 2022. The amount of the impact of applying the Accounting Standard for Fair Value Measurement and related standards on the consolidated financial statements has not been determined at this time.」
The company disclosed for the first time that it plans to apply the accounting standards concerning fair value measurement, inventories, financial instruments and other matters from the beginning of the fiscal year ending April 2022.