Plan to apply IFRS 16 Leases to overseas subsidiaries in the fiscal year ending March 2020
First written in FY2019. 1 of 5 entries say "Achieved", first in FY2020-Q1. Latest entry: FY2020.
The whole theme swung hardest in 2025: 5 of 17 companies on the "Worse" side.
27 other companies' latest entry also says "Other".
- FY2020Updated full-year impact of applying IFRS 16Annual report
「As a result, at the end of the current consolidated fiscal year, “Other” under property, plant and equipment increased by ¥608 million, lease liabilities under current liabilities increased by ¥69 million, and lease liabilities under non-current liabilities increased by ¥486 million. The impact on the consolidated income statement, consolidated statement of cash flows and per-share information for the current consolidated fiscal year was immaterial.」
For IFRS 16 applied to overseas subsidiaries, the impacts at the end of the full fiscal year on assets and liabilities were updated. - FY2020-Q3Updated third-quarter impact of applying IFRS 16Annual report
「Subsidiaries applying International Financial Reporting Standards have applied IFRS 16 Leases (hereinafter, IFRS 16) from the first quarter of the current consolidated fiscal year. As a result, lessees recognize, in principle, all leases as assets and liabilities on the balance sheet. As a result, at the end of the third quarter of the current consolidated fiscal year, “Other” under property, plant and equipment increased by ¥616 million, “Other” under current liabilities increased by ¥59 million, and “Other” under non-current liabilities increased by ¥498 million. The impact on profit or loss and cash flows for the nine months ended the third quarter of the current consolidated fiscal year was immaterial.」
For IFRS 16, applied from the first quarter, the impacts at the end of the third quarter on property, plant and equipment, current liabilities and non-current liabilities were updated. - FY2020-Q2Updated impact of applying IFRS 16Annual report
「Subsidiaries applying International Financial Reporting Standards have applied IFRS 16 Leases (hereinafter, IFRS 16) from the first quarter of the current consolidated fiscal year. As a result, lessees recognize, in principle, all leases as assets and liabilities on the balance sheet. As a result, at the end of the second quarter of the current consolidated fiscal year, “Other” under property, plant and equipment increased by ¥592 million, “Other” under current liabilities increased by ¥55 million, and “Other” under non-current liabilities increased by ¥468 million. The impact on profit or loss and cash flows for the six months ended the second quarter of the current consolidated fiscal year was immaterial.」
For IFRS 16, applied from the first quarter, the impacts at the end of the second quarter on property, plant and equipment, current liabilities and non-current liabilities were specified. - FY2020-Q1AchievedAnnual report
「Subsidiaries applying International Financial Reporting Standards have applied IFRS 16 Leases (hereinafter, IFRS 16) from the first quarter of the current consolidated fiscal year. As a result, lessees recognize, in principle, all leases as assets and liabilities on the balance sheet.」
For overseas subsidiaries, the previously planned IFRS 16 Leases was applied from 1 April 2019. The application increased property, plant and equipment and liabilities, but the impact on profit or loss and cash flows is described as immaterial. - FY2019First statedAnnual report
「For leases at overseas subsidiaries (IFRS 16), the standard is scheduled to be applied from the beginning of the fiscal year ending March 2020. The amount of the impact is being assessed in preparing the consolidated financial statements.」
For overseas subsidiaries, IFRS 16 Leases, which requires substantially all leases to be recognized as assets and liabilities in principle, is scheduled to be applied from the beginning of the fiscal year ending March 2020.