Planned 2023 adoption of the Accounting Standard for Fair Value Measurement and related guidance
First written in FY2020. 2 of 5 entries say "Achieved", first in FY2023-Q1. Latest entry: FY2024-Q3.
- FY2024-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.」
Disclosure continued that the implementation guidance on the accounting standard for fair value measurement, applied from the beginning of the fiscal year ending February 2024, would be applied under the stated policy and had no impact on the financial statements. - FY2024-Q1AchievedAnnual 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.」
The 2021 revised implementation guidance on the accounting standard for fair value measurement, which had been scheduled for application from the beginning of the fiscal year ending February 2024, was applied from the beginning of the current first quarter. There was no impact on the financial statements. - FY2023-Q1AchievedAnnual report
「From the beginning of the first quarter of the current consolidated fiscal year, we adopted the Accounting Standard for Fair Value Measurement (ASBJ Statement No. 30, 4 July 2019) and related standards. In accordance with the transitional treatment under paragraph 19 of the standard and paragraph 44-2 of the Accounting Standard for Financial Instruments, we will apply the new accounting policies prescribed by the standard prospectively.」
The accounting standards and implementation guidance on fair value measurement, which had been scheduled for application from the beginning of the fiscal year ending February 2023, were applied from the beginning of the current first quarter. There was no impact on the quarterly consolidated financial statements. - FY2022Additional disclosure that the revised guidance was scheduled to be applied in 2024Annual report
「The Implementation Guidance on Accounting Standard for Fair Value Measurement (ASBJ Guidance No. 31, 17 June 2021) was scheduled to be applied from the beginning of the fiscal year ending February 2024.」
In addition to the existing plan to apply the standards from the fiscal year ending February 2023, the 2021 revised implementation guidance on the accounting standard for fair value measurement was scheduled to be applied from the beginning of the fiscal year ending February 2024. - FY2020First statedAnnual report
「Accounting Standard for Fair Value Measurement (Accounting Standards Board of Japan Statement No. 30, 4 July 2019); Implementation Guidance on Accounting Standard for Fair Value Measurement (Accounting Standards Board of Japan Guidance No. 31, 4 July 2019); Accounting Standard for Measurement of Inventories (Accounting Standards Board of Japan Statement No. 9, 4 July 2019); Accounting Standard for Financial Instruments (Accounting Standards Board of Japan Statement No. 10, 4 July 2019)」
Disclosed that the accounting standards and implementation guidance on fair value measurement were scheduled to be applied from the beginning of the fiscal year ending February 2023, with the impact still under assessment.