Recognizing Leases on the Balance Sheet under IFRS 16
First written in FY2020-Q1. 2 of 3 entries say "Restated". Latest entry: FY2020-Q3.
The whole theme swung hardest in 2025: 6 of 19 companies on the "Worse" side.
73 other companies' latest entry also says "Restated".
- FY2020-Q3RestatedAnnual report
「The Group has applied the following standard since the first quarter of the consolidated fiscal year: Standard: IFRS 16; Standard name: Leases; New and revised requirements: revisions to lease accounting.」
The lease accounting under IFRS 16, adopted from the first quarter, continued to be applied in the third quarter. There was no change to the treatment under which right-of-use assets of ¥2,825 million and lease liabilities of ¥2,654 million were recognized at the date of initial application. - FY2020-Q2RestatedAnnual report
「The Group has applied the following standard since the first quarter of the consolidated fiscal year: Standard: IFRS 16; Standard name: Leases; New and revised requirements: revisions to lease accounting.」
The Group has continued applying IFRS 16 since the first quarter. It has maintained the accounting treatment under which right-of-use assets of ¥2,825 million and lease liabilities of ¥2,654 million were recognized at the date of initial application. - FY2020-Q1First statedAnnual report
「The Group has adopted the permitted transition method of recognizing the cumulative effect at the date of initial application, 1 April 2019. As a result, right-of-use assets of ¥2,825 million and lease liabilities of ¥2,654 million were recognized at the date of initial application.」
The Group adopted IFRS 16 from 1 April 2019 and changed its accounting treatment for lessee leases to recognize right-of-use assets and lease liabilities. Right-of-use assets are presented within property, plant and equipment and intangible assets, while lease liabilities are presented within other financial liabilities.