Hokkaido Electric Power Company (9509) · InitiativeFirst stated

Adoption of the Accounting Standard for Fair Value Measurement

First written in FY2022-Q1. . Latest entry: FY2022-Q1.

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Preparing for the application of the accounting standards for fair value measurementA theme 1833 companies write about · 5 as a headwind · 3 as a tailwind

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FY2022-Q1First statedAnnual report
「The Company applied the Accounting Standard for Fair Value Measurement (ASBJ Statement No. 30, 4 July 2019; hereinafter, the “Fair Value Measurement Accounting Standard”) and other standards from the beginning of the first quarter of the current consolidated fiscal year, and, 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), will apply the new accounting policies prescribed by the Fair Value Measurement Accounting Standard and other standards prospectively. There is no impact on the quarterly consolidated financial statements.」
The Company applied the Fair Value Measurement Accounting Standard and other standards from the beginning of the first quarter of the current consolidated fiscal year and will apply the new accounting policies prospectively. It states that there is no impact on the quarterly consolidated financial statements.

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Hokkaido Electric Power Company's next results are scheduled for 2026-10-30. Read the earnings preview

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