Preparing to adopt IFRS 9, IFRS 15 and IFRS 16
First written in FY2018. 2 of 4 entries say "Advanced", first in FY2019-Q1. Latest entry: FY2020-Q1.
16 other companies' latest entry also says "Achieved".
- FY2020-Q1AchievedAnnual report
「As IFRS 16, Leases, published in January 2016, became mandatory from the beginning of consolidated fiscal years starting on or after 1 April 2019, the Company applied it retrospectively in accordance with the transitional provisions.」
The Company actually applied IFRS 16, for which it had indicated preparations in the previous year, from the consolidated fiscal year beginning 1 April 2019. Together with IFRS 9 and IFRS 15, the planned application of the new standards reached the implementation stage. - FY2019AdvancedAnnual report
「From the current consolidated fiscal year, the Group has applied IFRS 9, Financial Instruments, and IFRS 15, Revenue from Contracts with Customers.」
The Company applied IFRS 9 and IFRS 15. In addition, it plans to apply IFRS 16 from the following consolidated fiscal year, and expects non-current assets to increase by approximately ¥165 billion, current liabilities by approximately ¥30 billion and non-current liabilities by approximately ¥135 billion at the date of initial application. - FY2019-Q1AdvancedAnnual report
「The Group has applied the following standards from the beginning of the cumulative first-quarter period of the current consolidated fiscal year.」
The Company applied IFRS 9 and IFRS 15 from the first quarter beginning 1 April 2018. Changes in the classification and measurement of financial instruments, the expected credit loss model, hedge accounting and revenue recognition have been reflected in actual accounting treatment. - FY2018First statedAnnual report
「As IFRS 9, Financial Instruments (revised in July 2014), became mandatory from the beginning of consolidated fiscal years starting on or after 1 April 2018, the Company will apply it retrospectively in accordance with the transitional provisions.」
The Company disclosed the application of IFRS 9 and IFRS 15 from the fiscal year ending March 2019 and the planned application of IFRS 16 from the fiscal year ending March 2020, indicating preparations for changes in the classification and measurement of financial instruments, revenue recognition and lease accounting.