Lower Equity Ratio Due to Changes in Lease Accounting Standards
First written in FY2016. 8 of 9 entries say "Worsened", first in FY2017. Latest entry: FY2026.
- FY2026WorsenedAnnual report
「As of 30 June 2026, the total amount of future lease payments relating to the land and buildings in question was ¥278,505 million. The new standards will be applied from the beginning of the fiscal year ending June 2028. The amount of the impact on the consolidated financial statements from applying the accounting standards for leases and related standards is currently being evaluated.」
Total future lease payments increased from the ¥201,324 million previously reported to ¥278,505 million. The accounting standards for leases and related standards are scheduled to be applied from the beginning of the fiscal year ending June 2028, and the impact on the financial statements is currently being evaluated. - 2026-08-06WorsenedInvestor presentation
「Under the new lease accounting standard, in principle, the lessee’s unexpired lease payments for all lease transactions, primarily land and rent paid to home owners in our case, will be discounted to present value and recognized on the balance sheet as “right-of-use assets” and “lease liabilities.”」
The company provided specific details on the application of the new lease accounting standard from the fiscal year ending June 2028 onward, including its impact on metrics such as the equity ratio and the on-balance-sheet recognition of leases. - FY2024WorsenedAnnual report
「As of 30 June 2024, the total amount of future lease payments relating to the land and buildings in question was ¥201,324 million.」
Total future lease payments increased from the ¥145,715 million previously reported to ¥201,324 million, expanding the scale of the risk of a decline in the equity ratio when the classification of lease transactions is changed. - FY2022WorsenedAnnual report
「As of 30 June 2022, the total amount of future lease payments relating to the land and buildings in question was ¥145,715 million.」
Total future lease payments increased from the ¥122,033 million previously reported to ¥145,715 million, expanding the scale of the risk of a decline in the equity ratio when the classification of lease transactions is changed. - FY2021WorsenedAnnual report
「As of 30 June 2021, the total amount of future lease payments relating to the land and buildings in question was ¥122,033 million.」
Future lease payments under lease contracts increased from the ¥95,135 million previously reported to ¥122,033 million, expanding the scale of the risk of a decline in the equity ratio when the accounting standards are changed. - FY2019WorsenedAnnual report
「As of 30 June 2019, the total outstanding balance of lease contracts relating to land and buildings was ¥95,135,647 thousand.」
The total balance of lease contracts increased from ¥76,922 million in the previous fiscal year to ¥95,135 million, expanding the scale of the risk of a decline in the equity ratio when the accounting standards are changed. - FY2018WorsenedAnnual report
「As of 30 June 2018, the total outstanding balance of lease contracts relating to land and buildings was ¥76,922,164 thousand.」
The total outstanding balance of lease contracts increased from ¥59,026,551 thousand in the previous fiscal year to ¥76,922,164 thousand, increasing the scale of the risk of a decline in the equity ratio if standards change. - FY2017WorsenedAnnual report
「If changes to lease accounting standards or other regulations require assets and liabilities subject to operating leases to be recognized on the balance sheet, the equivalent of the purchase price would be recorded, which could cause our equity ratio to decline from its current level. As of 30 June 2017, the total outstanding balance of lease contracts relating to land and buildings was ¥59,026,551 thousand.」
The total outstanding balance of lease contracts increased from ¥44,346,372 thousand previously to ¥59,026,551 thousand, increasing the scale of the risk of a decline in the equity ratio if standards change. - FY2016First statedAnnual report
「If changes to lease accounting standards or other regulations require assets and liabilities subject to operating leases to be recognized on the balance sheet, the equivalent of the purchase price would be recorded, which could cause our equity ratio to decline from its current level. As of 30 June 2016, the total outstanding balance of lease contracts relating to land and buildings was ¥44,346,372 thousand.」
The total outstanding balance of lease contracts for land and buildings was ¥44,346,372 thousand, indicating the potential impact of future changes in standards on financial indicators as a risk.