Adoption of IFRS 16, Leases
First written in FY2020-Q1. 3 of 5 entries say "Restated". Latest entry: FY2023-Q3.
The whole theme swung hardest in 2021: 3 of 8 companies on the "Worse" side.
16 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「The Company has applied ASC 842, Leases (hereinafter, ASC 842), to overseas subsidiaries that apply U.S. GAAP from the first-quarter consolidated accounting period.」
The Company continues to apply ASC 842 to overseas subsidiaries that apply U.S. GAAP. - FY2023-Q2RestatedAnnual report
「The Company has applied ASC 842, Leases (hereinafter, ASC 842), to overseas subsidiaries that apply U.S. GAAP from the first-quarter consolidated accounting period.」
The Company continues to apply ASC 842 to overseas subsidiaries that apply U.S. GAAP. Right-of-use assets and lease liabilities are reflected on the balance sheet, and the impact on profit or loss is considered immaterial. - FY2023-Q1ReframedAnnual report
「The Company has applied ASC 842, Leases (hereinafter, ASC 842), to overseas subsidiaries that apply U.S. GAAP from the first-quarter consolidated accounting period.」
In addition to the previous application of IFRS 16, the Company has applied ASC 842 to overseas subsidiaries that apply U.S. GAAP, expanding the scope of lease accounting. - FY2020-Q2RestatedAnnual report
「The Company has applied IFRS 16 to certain overseas subsidiaries from the first-quarter consolidated accounting period. In applying IFRS 16, the Company adopted a method of recognizing, on the date of initial application, the cumulative effect of applying the standard as permitted under the transitional provisions. The cumulative effect was recognized at the beginning of the first-quarter consolidated accounting period as adjustments to retained earnings, right-of-use assets and lease liabilities. The impact of this change on profit or loss for the six months ended in the second-quarter consolidated accounting period was immaterial.」
The Company continues to disclose the application of IFRS 16 to certain overseas subsidiaries and the recognition of right-of-use assets, lease liabilities and other related items. - FY2020-Q1First statedAnnual report
「The Company has applied IFRS 16 to certain overseas subsidiaries from the first-quarter consolidated accounting period. In applying IFRS 16, the Company adopted a method of recognizing, on the date of initial application, the cumulative effect of applying the standard as permitted under the transitional provisions.」
The Company has applied IFRS 16 to certain overseas subsidiaries from the first-quarter consolidated accounting period and recognized right-of-use assets, lease liabilities and other related items.