Application of U.S. GAAP ASU 2016-02, “Leases”
First written in FY2023-Q1. 2 of 3 entries say "Restated". Latest entry: FY2023-Q3.
The whole theme swung hardest in 2025: 3 of 6 companies on the "Worse" side.
39 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「Following the application of the Standard, other tangible fixed assets, other current liabilities and other non-current liabilities on the consolidated balance sheet increased by ¥8,117 million, ¥613 million and ¥6,136 million, respectively, as of the end of the third quarter. The impact of this change on profit or loss for the nine months ended the third quarter was immaterial.」
The application of U.S. GAAP ASU 2016-02, “Leases,” has continued, and the recognized amounts of right-of-use assets and lease liabilities have been updated. The impact on profit or loss remains immaterial. - FY2023-Q2RestatedAnnual report
「Following the application of the Standard, other tangible fixed assets, other current liabilities and other non-current liabilities on the consolidated balance sheet increased by ¥7,734 million, ¥624 million and ¥6,145 million, respectively, as of the end of the second quarter. The impact of this change on profit or loss for the six months ended the second quarter was immaterial.」
The application of U.S. GAAP ASU 2016-02, “Leases,” has continued, and the recognized amounts of right-of-use assets and lease liabilities have been updated. The impact on profit or loss remains immaterial. - FY2023-Q1First statedAnnual report
「At overseas subsidiaries applying U.S. GAAP, ASU 2016-02, “Leases” (the “Standard”), has been applied since the first quarter of the current consolidated fiscal year. Accordingly, lease assets, net, and lease liabilities are recognized for, in principle, all leases from the lessee’s perspective.」
The lease standard was applied at overseas subsidiaries using U.S. GAAP, increasing other tangible fixed assets by ¥7,884 million, other current liabilities by ¥564 million, and other non-current liabilities by ¥6,301 million. The impact on profit or loss is considered immaterial.