Preparation for the Application of Accounting Standards and Other Guidance on Fair Value Measurement
First written in FY2021. 1 of 3 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2022-Q2.
- FY2022-Q2RestatedAnnual report
「We adopted the “Accounting Standard for Fair Value Measurement” (ASBJ Statement No. 30, 4 July 2019) and related standards from the beginning of the first quarter of the consolidated fiscal year. In accordance with the transitional treatment specified in Paragraph 19 of the standard and Paragraph 44-2 of the “Accounting Standard for Financial Instruments” (ASBJ Statement No. 10, 4 July 2019), we will apply the new accounting policies prescribed by the fair value measurement standard and related standards prospectively.」
The company continues to apply the accounting standards and other guidance on fair value measurement and states that there is no impact on the quarterly consolidated financial statements. - FY2022-Q1AchievedAnnual report
「The company has applied the Accounting Standard for Fair Value Measurement (ASBJ Statement No. 30, 4 July 2019; hereinafter, the “Fair Value Measurement Standard”) and other standards from the beginning of the first quarter of the current consolidated accounting period. 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 (ASBJ Statement No. 10, 4 July 2019), the new accounting policies prescribed by the Fair Value Measurement Standard and other standards will be applied prospectively.」
The company adopted the accounting standards and other guidance on fair value measurement from 1 April 2021 and moved from the preparation stage to the implementation stage. - FY2021First statedAnnual report
「Planned adoption date for the Accounting Standard for Fair Value Measurement and related standards The standards will be adopted from the beginning of the fiscal year ending March 2022. The amount of the impact on the consolidated financial statements from adopting the Accounting Standard for Fair Value Measurement and related standards has not yet been determined.」
The company planned to adopt the accounting standards and other guidance on fair value measurement from the beginning of the fiscal year ending March 2022, and stated that the impact on the consolidated financial statements was undetermined at that time.