Application of IFRS 16 “Leases” at Certain Overseas Consolidated Subsidiaries
First written in FY2020-Q1. 4 of 5 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2025: 4 of 17 companies on the "Worse" side.
106 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「Certain overseas consolidated subsidiaries prepare their financial statements in accordance with International Financial Reporting Standards and apply International Financial Reporting Standard 16 “Leases” (hereinafter, “IFRS 16”).」
The application of IFRS 16 by certain overseas subsidiaries and the recognition of right-of-use assets and liabilities by lessees continue. - FY2021-Q3RestatedAnnual report
「There have been no material changes to the assumptions, including the expected timing of the end of the COVID-19 pandemic, described in the additional information section of the previous consolidated fiscal year’s annual securities report under “Accounting estimates affected by the spread of COVID-19.”」
The company states that there have been no material changes from the previous fiscal year to the assumptions underlying accounting estimates, including the expected timing of the end of the COVID-19 pandemic. - FY2020RestatedAnnual report
「Certain overseas consolidated subsidiaries have applied International Financial Reporting Standard 16 “Leases” from the current consolidated fiscal year. As a result, lessees are required, in principle, to recognize all leases as assets and liabilities on the balance sheet.」
The annual financial statements continue to disclose the application of IFRS 16 by certain overseas subsidiaries and the recognition of lease assets and liabilities. - FY2020-Q3RestatedAnnual report
「Certain overseas consolidated subsidiaries have applied International Financial Reporting Standard 16 “Leases” (hereinafter, “IFRS 16”) from the first quarter of the current consolidated fiscal year. As a result, lessees are required, in principle, to recognize all leases as assets and liabilities on the balance sheet.」
The disclosure continues to describe the application of IFRS 16 by certain overseas consolidated subsidiaries and the recognition of lease assets and liabilities by lessees. - FY2020-Q1First statedAnnual report
「Certain overseas consolidated subsidiaries have applied International Financial Reporting Standard 16 “Leases” (hereinafter, “IFRS 16”) from the first quarter of the current consolidated fiscal year. As a result, lessees are required, in principle, to recognize all leases as assets and liabilities on the balance sheet.」
Certain overseas consolidated subsidiaries applied IFRS 16 from the first quarter and began recognizing lease assets and liabilities for lessees. The application increased property, plant and equipment by ¥145 million, current liabilities by ¥26 million and non-current liabilities by ¥160 million, while reducing the opening balance of retained earnings by ¥66 million. The impact on profit or loss for the cumulative period of the current quarter was considered immaterial.