Impact on Financial Metrics from Bringing Operating Leases onto the Balance Sheet
First written in FY2020. 3 of 6 entries say "Mitigated", first in FY2022. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026MitigatedAnnual report
「As of the fiscal year ending March 2026, the unexpired lease payments for non-cancellable operating leases in which we are the lessee amounted to ¥14,788.203 million and could increase further by the application period, the fiscal year ending March 2028.」
Unexpired lease payments for non-cancellable operating leases amounted to ¥14,788.203 million, down from the previous ¥15,368.606 million. The application period for bringing them onto the balance sheet, the fiscal year ending March 2028, remains unchanged. - FY2025WorsenedAnnual report
「In September 2024, the Business Accounting Council published an accounting standard for leases that requires the so-called operating leases to be recognized on the balance sheet. We expect the unexpired lease payments for non-cancellable operating leases in which we are the lessee to be substantial. (As of the fiscal year ended March 2025, the unexpired lease payments for non-cancellable operating leases in which we were the lessee amounted to ¥15,368.606 million and could increase further by the application period, the fiscal year ending March 2028.) If operating leases, including these leases, were recognized on the balance sheet following a change in accounting standards, they could affect operating results and financial metrics through a decline in the equity ratio and the recognition of impairment losses on lease assets, among other effects.」
A lease accounting standard was published, with application scheduled for the fiscal year ending March 2028. Unexpired lease payments for non-cancellable leases amounted to ¥15,368.606 million, and the possibility of a lower equity ratio and impairment loss recognition was described. - FY2024MitigatedAnnual report
「As of the fiscal year ended March 2024, the unexpired lease payments for non-cancellable operating leases in which we were the lessee amounted to ¥16,983.444 million and could increase further once the relevant standard is applied.」
Unexpired lease payments for non-cancellable operating leases amounted to ¥16,983.444 million, down from the previous ¥18,326.727 million. - FY2023WorsenedAnnual report
「As of the fiscal year ended March 2023, the unexpired lease payments for non-cancellable operating leases in which we were the lessee amounted to ¥18,326.727 million and could increase further once the relevant standard is applied.」
Unexpired lease payments for non-cancellable operating leases amounted to ¥18,326.727 million, up from the previously disclosed ¥14,827.829 million. - FY2022MitigatedAnnual report
「As of the fiscal year ended March 2022, the unexpired lease payments for non-cancellable operating leases in which we were the lessee amounted to ¥14,827.829 million and could increase further once the relevant standard is applied.」
Unexpired lease payments for non-cancellable operating leases amounted to ¥14,827.829 million, down from the ¥17,806.683 million previously disclosed. - FY2020First statedAnnual report
「As of the fiscal year ended March 2020, the unexpired lease payments for non-cancellable operating leases in which we were the lessee amounted to ¥17,806.683 million and could increase further once the relevant standard is applied. If operating leases, including these leases, were recognized on the balance sheet following a change in accounting standards, they could have a significant impact on the balance sheet and potentially affect operating results and financial metrics.」
Unexpired lease payments for non-cancellable operating leases amounted to ¥17,806.683 million, and the potential impact of bringing them onto the balance sheet in the future on the balance sheet and financial metrics was described.