Adoption of IFRS 16, "Leases"
First written in FY2020-Q1. 2 of 5 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 7 of 21 companies on the "Worse" side.
16 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The Accounting Standard for Leases (Accounting Standard No. 34, 13 September 2024, Accounting Standards Board of Japan) and related standards are scheduled to be applied from the beginning of the fiscal year ending March 2028.」
In addition to existing IFRS 16 and U.S. GAAP requirements, the company disclosed that Japan's new lease accounting standard is scheduled to be applied from the fiscal year ending March 2028. - FY2021-Q1AdvancedAnnual report
「From the first quarter of the current consolidated fiscal year, certain overseas consolidated subsidiaries have adopted U.S. GAAP ASU 2016-02, Leases (the “Standard”). As a result, lessees are now required, in principle, to recognize assets and liabilities for all leases.」
The scope of lease accounting expanded to include certain subsidiaries applying U.S. GAAP, resulting in the recognition of ¥133 million in property, plant and equipment and ¥130 million in lease liabilities, among other items. - FY2020RestatedAnnual report
「From the current consolidated fiscal year, subsidiaries applying IFRS have adopted IFRS 16, Leases. As a result, lessees are now required, in principle, to recognize assets and liabilities for all leases.」
The application of IFRS 16 was reconfirmed in the annual financial statements, which also disclosed ¥503 million in lease assets and increases in current and non-current lease liabilities. - FY2020-Q2RestatedAnnual report
「From the first quarter of the current consolidated fiscal year, subsidiaries applying IFRS have adopted IFRS 16, Leases (the “Standard”). As a result, lessees are now required, in principle, to recognize assets and liabilities for all leases.」
The application of IFRS 16 by IFRS-applying subsidiaries and the recognition of lease assets and liabilities by lessees have been reconfirmed. - FY2020-Q1First statedAnnual report
「From the first quarter of the current consolidated fiscal year, subsidiaries applying IFRS have adopted IFRS 16, Leases (the “Standard”). As a result, lessees are now required, in principle, to recognize assets and liabilities for all leases.」
From the first quarter, IFRS-applying subsidiaries changed their accounting treatment under IFRS 16 to recognize assets and liabilities for, in principle, all leases held by lessees.