Application of IFRS 16 to Foreign Consolidated Subsidiaries and Recognition of Lease Assets and Liabilities
First written in FY2020-Q2. 1 of 2 entries say "Restated". Latest entry: FY2020-Q3.
The whole theme swung hardest in 2025: 5 of 17 companies on the "Worse" side.
117 other companies' latest entry also says "Restated".
- FY2020-Q3RestatedAnnual report
「The company's overseas consolidated subsidiaries have applied IFRS 16, Leases, from the first quarter of the consolidated fiscal year. Following the adoption of IFRS 16, lessees generally recognize assets and liabilities for all leases. On adoption of IFRS 16, the company elected the transition approach under which the cumulative effect of applying the standard is recognized at the date of initial application. The impact on the quarterly consolidated financial statements for the nine months ended the third quarter was immaterial.」
The company continued to disclose the application of IFRS 16 by its overseas consolidated subsidiaries and the recognition of assets and liabilities for leases held as lessee, stating that the impact on the financial statements for the nine months ended the third quarter was immaterial. - FY2020-Q2First statedAnnual report
「The company's overseas consolidated subsidiaries have applied IFRS 16, Leases, from the first quarter of the consolidated fiscal year. Following the adoption of IFRS 16, lessees generally recognize assets and liabilities for all leases. On adoption of IFRS 16, the company elected the transition approach under which the cumulative effect of applying the standard is recognized at the date of initial application. The impact on the quarterly consolidated financial statements for the six months ended the second quarter was immaterial.」
The overseas consolidated subsidiaries applied IFRS 16 from the first quarter and generally recognize assets and liabilities for leases held as lessee. The company stated that the impact on the financial statements for the six months ended the second quarter was immaterial.