Adoption of the Accounting Standard for Fair Value Measurement
First written in FY2022-Q3. 1 of 2 entries say "Advanced", first in FY2022. Latest entry: FY2022.
- FY2022AdvancedAnnual report
「Listed shares are measured using quoted market prices. Because listed shares are traded in an active market, their fair value is classified as Level 1 fair value.」
The company continued to apply the Accounting Standard for Fair Value Measurement and specifically described the method used to classify listed shares as Level 1 in its annual fair value disclosures for financial instruments. - FY2022-Q3First 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 related standards 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 Accounting Standard and paragraph 44-2 of the Accounting Standard for Financial Instruments (ASBJ Statement No. 10, 4 July 2019), it applied the new accounting policies prescribed by the Fair Value Measurement Accounting Standard and related standards prospectively. This had no impact on the quarterly consolidated financial statements.」
The company stated that the Accounting Standard for Fair Value Measurement and related standards were applied from the beginning of the first quarter of the consolidated fiscal period, with no impact on the quarterly consolidated financial statements.