Application of the Accounting Standard for Fair Value Measurement, etc.
First written in FY2022-Q2. . Latest entry: FY2023-Q3.
- FY2023-Q3Additional application of the implementation guidance for fair-value measurementAnnual 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 consolidated fiscal year. In accordance with the transitional treatment stipulated in paragraph 27-2 of the Fair Value Measurement Guidance, the new accounting policies prescribed by the guidance were applied prospectively. There was no impact on the quarterly consolidated financial statements.」
Following the adoption of the Fair Value Measurement Standard, also applied the implementation guidance from the beginning of the first quarter of the consolidated fiscal year. The Company stated that there was no impact on the financial statements. - FY2022-Q2First statedAnnual report
「The Accounting Standard for Fair Value Measurement (Accounting Standards Board of Japan Statement No. 30, 4 July 2019; hereinafter, the “Fair Value Measurement Standard”) and other standards were applied from the beginning of the first quarter of the consolidated fiscal year. In accordance with the transitional treatment prescribed in Paragraph 19 of the Fair Value Measurement Standard and Paragraph 44-2 of the Accounting Standard for Financial Instruments (Accounting Standards Board of Japan Statement No. 10, 4 July 2019), the new accounting policies prescribed by the Fair Value Measurement Standard and other standards were applied prospectively. The impact on the consolidated financial statements for the cumulative second quarter of the current fiscal year was immaterial.」
Applied the Fair Value Measurement Standard and other standards from the beginning of the first quarter of FY2022 and applied the new accounting policies prospectively. The impact on the financial statements was considered immaterial.