Application of IFRS 16 “Leases”
First written in FY2021-Q1. 1 of 3 entries say "Restated". Latest entry: FY2026.
Mitsui DM Sugar moved to the "Worse" side of this theme in 2026, 1 year after the typical company in this theme (2025).
The whole theme swung hardest in 2025: 6 of 19 companies on the "Worse" side.
8 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「Scheduled application date for the Lease Accounting Standard and related standards: We will apply them from the beginning of the fiscal year ending March 2028.」
It was disclosed that, in addition to the existing application of IFRS 16, the new Japanese lease accounting standard and other standards are scheduled to be applied from the beginning of the fiscal year ending March 2028. The amount of the impact is under evaluation. - FY2021-Q3RestatedAnnual report
「The IFRS-applying consolidated subsidiaries of our group have applied IFRS 16, "Leases," from the first quarter of the consolidated fiscal year.」
The application of IFRS 16 by the IFRS-applying consolidated subsidiaries and recognition of lessee leases as assets and liabilities were reconfirmed. The impact on the financial statements was described as immaterial. - FY2021-Q1First statedAnnual report
「The IFRS-applying consolidated subsidiaries of our group have applied IFRS 16, "Leases" (13 January 2016; hereinafter, "IFRS 16"), from the first quarter of the current consolidated fiscal year. Following the application of IFRS 16, lessees recognize assets and liabilities for, in principle, all leases.」
The IFRS-applying consolidated subsidiaries began applying IFRS 16 from the first quarter of the current consolidated fiscal year and newly disclosed an accounting policy of recognizing lessee leases as assets and liabilities in principle. The impact on the financial statements was described as immaterial.