Adoption of the Fair Value Measurement Accounting Standards from the Fiscal Year Ending March 2022
First written in FY2021. 1 of 2 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2022-Q1.
- FY2022-Q1AchievedAnnual report
「The Accounting Standard for Fair Value Measurement (ASBJ Statement No. 30, 4 July 2019; hereinafter, the “Fair Value Measurement Accounting Standard”) and related standards have been applied from the beginning of the first quarter of the current 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), the company will apply the new accounting policies prescribed by the Fair Value Measurement Accounting Standards prospectively.」
The company applied the Fair Value Measurement Accounting Standards from 1 April 2021, rather than from the beginning of the fiscal year ending March 2022 as previously planned. It stated that there was no impact on the quarterly consolidated financial statements. - FY2021First statedAnnual report
「The Accounting Standard for Fair Value Measurement and the Implementation Guidance on Accounting Standard for Fair Value Measurement (collectively, the “Fair Value Measurement Accounting Standards”) are scheduled to be applied from the beginning of the fiscal year ending March 2022.」
The company stated that it planned to apply the Fair Value Measurement Accounting Standards from the beginning of the fiscal year ending March 2022 and that the impact was being assessed as of the preparation date.