Komori
Sundrug (9989) · PolicyRestated

Adoption of the Fair Value Measurement Accounting Standard for the Fiscal Year Ending March 2022

First written in FY2021. 3 of 5 entries say "Restated". Latest entry: FY2023.

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ProgressHeldSoftenedWorseAchievedFY2022-Q1RestatedFY2022-Q3 – FY20232021: 220212022: 220222023: 12023
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Preparation for the adoption of accounting standards for fair value measurementA theme 2362 companies write about · 6 as a headwind · 4 as a tailwind
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  1. FY2023RestatedAnnual report

    「We adopted the Accounting Standard for Fair Value Measurement and related standards from the beginning of the current consolidated fiscal year and will apply the new accounting policies prescribed by those standards prospectively. There was no impact on the consolidated financial statements.」

    The company continues to apply the Fair Value Measurement Accounting Standard and related standards, and states that there was no impact on the consolidated financial statements.
  2. FY2022RestatedAnnual report

    「We adopted the Accounting Standard for Fair Value Measurement and related standards from the beginning of the current consolidated fiscal year and will apply the new accounting policies prescribed by those standards prospectively. There was no impact on the consolidated financial statements.」

    It was stated that the application of the accounting standards for fair value measurement, etc. would continue for the full fiscal year, with no impact on the consolidated financial statements.
  3. FY2022-Q3RestatedAnnual report

    「There was no impact on the quarterly consolidated financial statements.」

    The Company continues to apply the accounting standard for fair value measurement and other standards, but stated that there was no impact on the quarterly consolidated financial statements.
  4. FY2022-Q1AchievedAnnual report

    「We applied the Accounting Standard for Fair Value Measurement and related standards from the beginning of the first quarter of the current consolidated fiscal year and will apply the new accounting policies prescribed by those standards prospectively. There was no impact on the quarterly consolidated financial statements.」

    The accounting standard for fair value measurement and other standards were applied from the beginning of the quarter under review. The Company stated that there was no impact on the financial statements.
  5. FY2021First statedAnnual report

    「The Fair Value Measurement Accounting Standard and the related implementation guidance are scheduled to be applied from the beginning of the fiscal year ending March 2022.」

    The Company first disclosed plans to apply the accounting standard for fair value measurement, inventory valuation, accounting standards related to financial instruments, and other standards from the beginning of the fiscal year ending March 2022. It stated that there would be no impact on the consolidated financial statements at that time.
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