Komori
Dexerials (4980) · PolicyRestated

Planned adoption of IFRS 16 by overseas consolidated subsidiaries

First written in FY2019. 2 of 5 entries say "Restated". Latest entry: FY2023-Q3.

5entries
5years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseAchievedFY2020-Q1 – FY2023-Q12019: 220192020: 020202021: 020212022: 220222023: 1
Same theme, other companies
Preparation for Applying IFRS 16 and ASC 842 to Overseas Consolidated SubsidiariesA theme 37 companies write about · 0 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2021: 3 of 8 companies on the "Worse" side.

19 other companies' latest entry also says "Restated".

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 37 companies compared. The sentences above are computed from all 37.
Full recordFilings, disclosures and news, newest first
  1. FY2023-Q3RestatedAnnual report

    「Foreign consolidated subsidiaries that apply US GAAP adopted ASC Topic 842, Leases, from the beginning of the first quarter of the current consolidated fiscal year. Accordingly, lessees are generally required to recognize all leases as assets and liabilities on the balance sheet.」

    The company continued to disclose the application of ASC Topic 842 by foreign consolidated subsidiaries that apply US GAAP. The impact on the income statement was deemed immaterial.
  2. FY2023-Q2RestatedAnnual report

    「Foreign consolidated subsidiaries that apply US GAAP adopted ASC Topic 842, Leases, from the beginning of the first quarter of the current consolidated fiscal year. Accordingly, lessees are generally required to recognize all leases as assets and liabilities on the balance sheet.」

    The company continued to disclose the application of ASC Topic 842 by foreign consolidated subsidiaries that apply US GAAP. The impact on the income statement for the second quarter was deemed immaterial.
  3. FY2023-Q1AdvancedAnnual report

    「Foreign consolidated subsidiaries that apply US GAAP adopted ASC Topic 842, Leases, from the beginning of the first quarter of the current consolidated fiscal year. Accordingly, lessees are generally required to recognize all leases as assets and liabilities on the balance sheet.」

    Regarding the application of lease accounting standards by foreign consolidated subsidiaries, subsidiaries applying US GAAP began adopting ASC Topic 842 in addition to the previously adopted IFRS 16. The amounts recognized for property, plant and equipment and other assets were also disclosed.
  4. FY2020-Q1AchievedAnnual report

    「Certain foreign consolidated subsidiaries have applied IFRS 16, Leases, from the beginning of the first quarter of the current consolidated fiscal year. Accordingly, lessees generally recognize all leases as assets and liabilities on the balance sheet.」

    The planned adoption of IFRS 16 by foreign consolidated subsidiaries was implemented from the beginning of the first quarter of the current consolidated fiscal year. The impact on the consolidated financial statements was deemed immaterial.
  5. FY2019First statedAnnual report

    「Foreign consolidated subsidiaries will apply IFRS 16, Leases, from the beginning of the fiscal year ending March 2020.」

    The company planned to apply IFRS 16 to its foreign consolidated subsidiaries from the beginning of the fiscal year ending March 2020 and stated that the impact on the consolidated financial statements would be immaterial.
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Dexerials's next results are scheduled for 2026-11-11. Read the earnings preview
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