Preparations for the Adoption of IFRS 16
First written in FY2019. 6 of 11 entries say "Restated". Latest entry: FY2023-Q3.
The whole theme swung hardest in 2025: 6 of 19 companies on the "Worse" side.
73 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「As in the prior consolidated fiscal year, the Group has applied the practical expedient to rent concessions that meet the above requirements. As a result of applying the practical expedient, profit before tax for the first nine months of the current consolidated fiscal year increased by ¥88 million.」
The company continues to apply the IFRS 16 practical expedient to COVID-19-related rent concessions. - FY2023-Q2RestatedAnnual report
「As in the prior consolidated fiscal year, the Group has applied the practical expedient to rent concessions that meet the above requirements. As a result of applying the practical expedient, profit before tax for the first six months of the current consolidated fiscal year increased by ¥88 million.」
The company continues to apply the IFRS 16 practical expedient to COVID-19-related rent concessions. - FY2023-Q1RestatedAnnual report
「As in the prior consolidated fiscal year, the Group has applied the practical expedient to rent concessions that meet the above requirements. As a result of applying the practical expedient, profit before tax for the first quarter of the current consolidated fiscal year increased by ¥68 million.」
The company continued to apply the IFRS 16 practical expedient to COVID-19-related rent concessions and disclosed its ¥68 million impact on profit before tax for the quarter. - FY2022-Q3RestatedAnnual report
「The Group has continued to apply the practical expedient to rent concessions that meet the above requirements since the prior consolidated fiscal year. As a result of applying the practical expedient, profit before tax for the first nine months of the current consolidated fiscal year increased by ¥743 million.」
The company continued to apply the IFRS 16 practical expedient to COVID-19-related rent concessions and disclosed its ¥743 million impact on profit before tax for the quarter. - FY2022-Q1RestatedAnnual report
「The Group has continued to apply the practical expedient to rent concessions that meet the above requirements since the prior consolidated fiscal year. As a result of applying the practical expedient, profit before tax for the first quarter of the current consolidated fiscal year increased by ¥303 million.」
The company continues to apply the IFRS 16 practical expedient to COVID-19-related rent concessions. - FY2021-Q3RestatedAnnual report
「The Group has applied the practical expedient to rent concessions that meet the above requirements. As a result of applying the practical expedient, the loss before tax for the first nine months of the current consolidated fiscal year decreased by ¥1,917 million.」
The company continued to apply the IFRS 16 practical expedient to COVID-19-related rent concessions and disclosed the impact on the loss before tax for the quarter. - FY2021-Q2AdvancedAnnual report
「The Group has applied the practical expedient to rent concessions that meet the above requirements. As a result of applying the practical expedient, the loss before tax for the first six months of the current consolidated fiscal year decreased by ¥1,441 million.」
The company applied the IFRS 16 practical expedient for COVID-19-related rent concessions and disclosed its ¥1,441 million impact on the loss before tax for the quarter. - FY2021-Q1AdvancedAnnual report
「The Group has applied the practical expedient to rent concessions that meet the above requirements. As a result of applying the practical expedient, profit before tax for the first quarter of the current consolidated fiscal year increased by ¥843 million.」
The company applied the IFRS 16 practical expedient for COVID-19-related rent concessions and disclosed its ¥843 million impact on profit before tax for the quarter. - FY2020Cited as achievedAnnual report
「The Group has applied IFRS 16, “Leases,” from the current consolidated fiscal year. As a result, during the current consolidated fiscal year, under IFRS, the balance of property, plant and equipment on the consolidated statement of financial position, corresponding to right-of-use assets, increased by ¥47,682 million compared with Japanese GAAP, while other financial liabilities, corresponding to lease liabilities, increased by ¥50,566 million.」
The company disclosed the full-year impact of adopting IFRS 16 as planned in the prior fiscal year, together with the increases in right-of-use assets and lease liabilities. - FY2020-Q1AchievedAnnual report
「The Group has applied IFRS 16, “Leases,” from the first quarter of the current consolidated fiscal year. As a result, compared with applying the previous accounting standards, at the beginning of the first quarter of the current consolidated fiscal year, property, plant and equipment increased by ¥45,130 million, deferred tax assets increased by ¥181 million, and other financial liabilities increased by ¥45,751 million, while retained earnings decreased by ¥386 million and non-controlling interests decreased by ¥53 million.」
The company adopted IFRS 16, for which preparation had been indicated in the prior fiscal year, from 1 March 2019, resulting in specific impacts on property, plant and equipment and other financial liabilities at the beginning of the fiscal year. - FY2019First statedAnnual report
「The adoption of IFRS 16 is expected to increase right-of-use assets by approximately ¥86,000 million and lease liabilities by approximately ¥87,000 million on the consolidated statement of financial position at the beginning of the fiscal year ending February 2020.」
The company planned to adopt IFRS 16 from the fiscal year ending February 2020 and disclosed for the first time its expectation that right-of-use assets and lease liabilities would increase by approximately ¥86 billion and ¥87 billion, respectively.