Adoption of IFRS 16, Leases
First written in FY2020-Q1. 2 of 4 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2025: 6 of 19 companies on the "Worse" side.
16 other companies' latest entry also says "Advanced".
- FY2020AdvancedAnnual report
「As a result, tangible fixed assets increased by ¥610.147 million at the end of the consolidated fiscal year, while lease liabilities included in current liabilities increased by ¥65.087 million and lease liabilities included in non-current liabilities increased by ¥554.733 million. In addition, operating profit for the fiscal year increased by ¥6.728 million, ordinary profit decreased by ¥18.360 million, and loss before income taxes increased by ¥18.360 million.」
The application of IFRS 16 was reflected for the full year, and the amounts of its impact on lease assets, lease liabilities, operating profit and ordinary profit were disclosed. - FY2020-Q3RestatedAnnual report
「As a result, tangible fixed assets increased by ¥604.604 million at the end of the third quarter of the consolidated fiscal year, while other current liabilities increased by ¥56.169 million and other non-current liabilities increased by ¥561.339 million. In addition, operating profit for the nine-month period increased by ¥9.090 million, ordinary profit decreased by ¥21.522 million, and loss before income taxes increased by ¥21.522 million.」
The impact of applying IFRS 16 on assets, liabilities and profit or loss was disclosed again in the third quarter. The accounting policy itself for recognising lease assets and liabilities was unchanged. - FY2020-Q2RestatedAnnual report
「As a result, tangible fixed assets increased by ¥592.725 million at the end of the second quarter of the consolidated fiscal year, while other current liabilities increased by ¥64.303 million and other non-current liabilities increased by ¥537.053 million. In addition, operating profit for the six-month period increased by ¥2.609 million, ordinary profit decreased by ¥17.849 million, and loss before income taxes increased by ¥17.849 million.」
The impact of applying IFRS 16 on assets, liabilities and profit or loss was disclosed again in the second quarter. The accounting policy itself for recognising lease assets and liabilities was unchanged. - FY2020-Q1First statedAnnual report
「Subsidiaries applying International Financial Reporting Standards have applied IFRS 16, Leases, from the first quarter of the current consolidated fiscal year. As a result, lessees generally recognize all leases as assets and liabilities on the balance sheet.」
For subsidiaries applying IFRS, IFRS 16 was adopted from the beginning of the first quarter, introducing an accounting policy under which assets and liabilities related to leases for lessees are, in principle, recognised on the balance sheet.