Application of IFRS 16 to Overseas Consolidated Subsidiaries
First written in FY2020-Q1. 3 of 4 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2021: 3 of 8 companies on the "Worse" side.
16 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The US affiliate has applied Leases (US GAAP Topic 842) from the beginning of the current consolidated fiscal year.」
The application of Topic 842 by the US affiliate was disclosed, along with increases of ¥274 million in intangible fixed assets, ¥124 million in current liabilities, and ¥147 million in lease liabilities. - FY2023-Q3RestatedAnnual report
「Certain overseas consolidated subsidiaries have applied IFRS 16 Leases from the first quarter consolidated accounting period. Under IFRS 16, lessees generally recognize assets and liabilities for all leases. The impact of applying the standard on the quarterly consolidated financial statements is immaterial.」
The application of IFRS 16 by certain overseas consolidated subsidiaries and the immaterial impact on the financial statements continue to be reported. - FY2020-Q3RestatedAnnual report
「Certain overseas consolidated subsidiaries have applied IFRS 16 Leases from the first quarter consolidated accounting period. Under IFRS 16, lessees generally recognize assets and liabilities for all leases. The impact of applying the standard on the quarterly consolidated financial statements is immaterial.」
The application of IFRS 16 by certain overseas consolidated subsidiaries and the immaterial impact on the financial statements continue to be reported. - FY2020-Q1First statedAnnual report
「Certain overseas consolidated subsidiaries have applied IFRS 16, Leases, from the first quarter of the current consolidated fiscal year. Under IFRS 16, leases for lessees are generally recognized as assets and liabilities for all leases. The impact of applying the standard on the quarterly consolidated financial statements is immaterial.」
Certain overseas consolidated subsidiaries adopted IFRS 16 from the current quarter and changed their accounting treatment to recognize assets and liabilities for leases held by lessees. The impact on the financial statements was described as immaterial.