Otsuka Holdings (4578) · InitiativeAchieved
Preparation for Adoption of IFRS 16
First written in FY2018. 1 of 2 entries say "Achieved", first in FY2019-Q1. Latest entry: FY2019-Q1.
2entries
1years
0from disclosures
How it moved
Same theme, other companies
IFRS 16 (Leases) ImplementationA theme 150 companies write about · 2 as a headwind · 1 as a tailwind
The whole theme swung hardest in 2025: 6 of 19 companies on the "Worse" side.
25 other companies' latest entry also says "Achieved".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 150 companies compared. The sentences above are computed from all 150.Full recordFilings, disclosures and news, newest first
- FY2019-Q1AchievedAnnual report
「Our group has applied IFRS 16 Leases, issued in January 2016, from the first quarter of the current consolidated fiscal year.」
IFRS 16, for which an implementation policy had been presented in the previous fiscal year, was applied from 1 January 2019, and right-of-use assets of ¥59,324 million and lease liabilities of ¥69,665 million, among other items, were recognized. - FY2018First statedAnnual report
「Our group has adopted the approach of recognizing the cumulative effect of initially applying IFRS 16 on the date of initial application, 1 January 2019, in accordance with the transitional provisions of IFRS 16. For leases previously classified as operating leases under IAS 17 Leases, our group recognizes lease liabilities.」
For IFRS 16, to be applied from the fiscal year ending December 2019, the Company disclosed specific details for the first time regarding the application method and its impact, forecasting increases of approximately ¥60 billion each in right-of-use assets and lease liabilities on the date of initial application.