Application of IFRS 16 Leases by Overseas Subsidiaries
First written in FY2020-Q1. 2 of 3 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2025: 4 of 17 companies on the "Worse" side.
106 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「From the current consolidated fiscal year, the company applied IFRS 16, Leases, except at the company and domestic subsidiaries adopting Japanese GAAP and U.S. subsidiaries applying U.S. GAAP. As a result, lessees recognize assets and liabilities for, in principle, all leases.」
The application of IFRS 16 at overseas subsidiaries other than the company, domestic subsidiaries, and U.S. subsidiaries was confirmed for the full fiscal year, with the impact considered immaterial. - FY2020-Q2RestatedAnnual report
「From the first quarter of the consolidated fiscal period, the company applied IFRS 16, Leases, except at the company and domestic subsidiaries adopting Japanese GAAP and U.S. subsidiaries applying U.S. GAAP. As a result, lessees recognize assets and liabilities for, in principle, all leases. The impact of applying the accounting standard on the quarterly consolidated financial statements is immaterial.」
The application of IFRS 16 at overseas subsidiaries other than the company, domestic subsidiaries, and U.S. subsidiaries continued, with the impact on the financial statements considered immaterial. - FY2020-Q1First statedAnnual report
「From the first quarter of the current consolidated fiscal period, the company applied IFRS 16, Leases, except at the company and domestic subsidiaries adopting Japanese GAAP and U.S. subsidiaries applying U.S. GAAP. As a result, lessees recognize assets and liabilities for, in principle, all leases. The impact of applying the accounting standard on the quarterly consolidated financial statements is immaterial.」
Overseas subsidiaries other than the company, domestic subsidiaries adopting Japanese GAAP, and U.S. subsidiaries applied IFRS 16, transitioning to treatment under which lessees generally recognize leases as assets and liabilities. The impact on the financial statements is considered immaterial.