Adoption of IFRS 16, “Leases”
First written in FY2020-Q1. 2 of 3 entries say "Advanced", first in FY2020-Q3. Latest entry: FY2020.
The whole theme swung hardest in 2025: 6 of 19 companies on the "Worse" side.
16 other companies' latest entry also says "Advanced".
- FY2020AdvancedAnnual report
「As a result, in the consolidated balance sheet for the current consolidated fiscal year, lease assets increased by ¥548,126 thousand, other current liabilities increased by ¥72,071 thousand, and lease obligations under non-current liabilities increased by ¥488,009 thousand. Operating profit for the current consolidated fiscal year increased by ¥3,133 thousand, while ordinary profit and profit before income taxes and other adjustments for the year decreased by ¥1,747 thousand.」
The impact of applying IFRS 16 was quantified in terms of its full-year effects on the balance sheet and earnings. - FY2020-Q3AdvancedAnnual report
「As a result, in the consolidated balance sheet for the third quarter of the current consolidated fiscal year, property, plant and equipment increased by ¥558,861 thousand, other current liabilities increased by ¥64,037 thousand, and lease obligations under non-current liabilities increased by ¥506,558 thousand. Operating profit for the nine months ended the third quarter increased by ¥2,190 thousand, while ordinary profit and profit before income taxes and other adjustments for the quarter decreased by ¥948 thousand.」
The impact of recognizing right-of-use assets, lease obligations and other items following the application of IFRS 16 was quantified in terms of its effects on the balance sheet and profit. - FY2020-Q1First statedAnnual report
「The group's subsidiaries applying IFRS adopted IFRS 16, Leases, from the beginning of the first quarter. Accordingly, for leases as a lessee, right-of-use assets and lease liabilities are recognized for, in principle, all leases, while depreciation of right-of-use assets and interest expense on lease liabilities are recorded.」
An IFRS 16 adoption subsidiary applied IFRS 16 from the beginning of the first quarter and transitioned to accounting treatment that recognizes right-of-use assets and lease liabilities for, in principle, all leases. The disclosures included increases of ¥314,875 thousand in property, plant and equipment and ¥301,752 thousand in lease obligations under non-current liabilities, among others.