Recognition of Lease Assets and Liabilities upon Application of IFRS 16
First written in FY2020-Q1. . Latest entry: FY2026.
The whole theme swung hardest in 2025: 4 of 17 companies on the "Worse" side.
24 other companies' latest entry also says "Other".
- FY2026Updated Impact of ApplicationAnnual report
「Right-of-use assets (net) 265」
The company continues to apply IFRS 16 at some overseas subsidiaries and has updated the balance of right-of-use assets to ¥265 million at the end of March 2026. - FY2025Updated Impact of ApplicationAnnual report
「Some overseas subsidiaries apply IFRS 16. Under this accounting standard, office rent and other expenses of these subsidiaries are recognized as right-of-use assets.」
The company continues to apply IFRS 16, and right-of-use assets amounted to ¥317 million at the end of March 2025. - FY2025-H1Updated Impact of ApplicationAnnual report
「Right-of-use assets (net) 285 238」
The company continues to apply IFRS 16 at some overseas subsidiaries and has updated the balance of right-of-use assets from ¥285 million at the end of March 2024 to ¥238 million at the end of September 2024. Lease liabilities comprise ¥131 million in current liabilities and ¥102 million in non-current liabilities. - FY2024Updated Impact of ApplicationAnnual report
「Some overseas subsidiaries apply IFRS 16 Leases. Under this accounting standard, office rent and other expenses of these subsidiaries are recognized as right-of-use assets.」
The company continues to apply IFRS 16 and recognized right-of-use assets of ¥285 million and total current and non-current lease liabilities of ¥281 million in the consolidated balance sheet as of the end of March 2024. - FY2021Updated Impact of ApplicationAnnual report
「As a result, the consolidated balance sheet includes ¥387 million in right-of-use assets, net, under property, plant and equipment, ¥115 million in lease obligations under current liabilities and ¥281 million in lease obligations under non-current liabilities.」
The company continues to apply IFRS 16 and has updated the amounts recognized for right-of-use assets and lease liabilities as of the end of March 2021. - FY2021-Q1Updated Impact of ApplicationAnnual report
「As a result, on the quarterly consolidated balance sheet for the first quarter of the current consolidated accounting period, right-of-use assets, net, under property, plant and equipment increased by ¥351 million, while other current liabilities increased by ¥97 million and other non-current liabilities by ¥240 million.」
The Company continued applying IFRS 16 and updated the amounts recognized for right-of-use assets and lease-related liabilities as of the end of the first quarter. - FY2020Updated Impact of ApplicationAnnual report
「As a result, the consolidated balance sheet includes ¥389 million in right-of-use assets, net, under property, plant and equipment, ¥112 million in lease obligations under current liabilities and ¥260 million in lease obligations under non-current liabilities.」
The Company continued applying IFRS 16 and updated the amounts recognized for right-of-use assets and lease obligations as of the fiscal year-end. - FY2020-Q3Updated Impact of ApplicationAnnual report
「As a result, the quarterly consolidated balance sheet includes ¥390 million in right-of-use assets, net, under property, plant and equipment, ¥110 million in other current liabilities and ¥279 million in other non-current liabilities.」
The Company continued applying IFRS 16 and updated the amounts of the impact on right-of-use assets of ¥390 million, other current liabilities of ¥110 million and other non-current liabilities of ¥279 million as of the end of the third quarter. - FY2020-Q2Updated Impact of ApplicationAnnual report
「As a result, on the quarterly consolidated balance sheet for the second quarter of the current consolidated accounting period, right-of-use assets, net, under property, plant and equipment increased by ¥398 million, while other current liabilities increased by ¥106 million and other non-current liabilities by ¥294 million.」
The Company continued applying IFRS 16 and updated the amounts of the impact on right-of-use assets and lease-related liabilities as of the end of the second quarter. - FY2020-Q1First statedAnnual report
「At overseas subsidiaries applying IFRS, the Company adopted IFRS 16, “Leases” (13 January 2016; hereinafter, “IFRS 16”), from the first quarter of the current consolidated accounting period. As a result, lessees generally recognize all leases as assets and liabilities on the quarterly consolidated balance sheet.」
Overseas subsidiaries applying IFRS adopted IFRS 16 from the first quarter of the current consolidated accounting period and recognized leases as right-of-use assets and liabilities. As a result of the adoption, right-of-use assets increased by ¥101 million, current liabilities by ¥49 million and non-current liabilities by ¥51 million.