Adoption of IFRS 16 for the fiscal year ended March 2020
First written in FY2019-Q1. 3 of 5 entries say "Restated". Latest entry: FY2020-Q1.
The whole theme swung hardest in 2025: 6 of 19 companies on the "Worse" side.
24 other companies' latest entry also says "Achieved".
- FY2020-Q1AchievedAnnual report
「Upon transition to IFRS 16, the Company additionally recognised, at the date of initial application, right-of-use assets of ¥9,895 million (presented within property, plant and equipment on the condensed quarterly consolidated statement of financial position), current lease liabilities of ¥2,354 million (presented within other financial liabilities under current liabilities on the condensed quarterly consolidated statement of financial position), and non-current lease liabilities of ¥7,932 million (presented within other financial liabilities under non-current liabilities on the condensed quarterly consolidated statement of financial position).」
IFRS 16, which had been scheduled for adoption from the fiscal year ending March 2020, was adopted from 1 April 2019, and right-of-use assets of ¥9,895 million and current and non-current lease liabilities were additionally recognised. - FY2019RestatedAnnual report
「Upon adoption of IFRS 16, right-of-use assets and lease liabilities are each expected to increase by approximately 1% of total assets on the consolidated statement of financial position at the beginning of the period.」
The Company reaffirmed its policy of adopting IFRS 16 from the fiscal year ending March 2020 and added that right-of-use assets and lease liabilities were expected to increase by approximately 1% of total assets. - FY2019-Q3RestatedAnnual report
「IFRS 16 Leases 1 January 2019 Fiscal year ending March 2020 As a single-model standard, it generally requires lessees to recognise in the financial statements the right-of-use asset and corresponding liability for all leases with lease terms exceeding 12 months.」
The Company has reiterated its policy of planning to adopt IFRS 16 from the fiscal year ending March 2020. - FY2019-Q2RestatedAnnual report
「IFRS 16 Leases 1 January 2019 Fiscal year ending March 2020 As a single-model standard, it generally requires lessees to recognise in the financial statements the right-of-use asset and corresponding liability for all leases with lease terms exceeding 12 months.」
The Company has reiterated its previous policy of planning to adopt IFRS 16 from the fiscal year ending March 2020. - FY2019-Q1First statedAnnual report
「IFRS 16 Leases 1 January 2019 Fiscal year ending March 2020 As a single-model standard, it generally requires lessees to recognise in the financial statements the right-of-use asset and corresponding liability for all leases with lease terms exceeding 12 months.」
Regarding IFRS 16, which had not yet been adopted, the disclosure states that it took effect on 1 January 2019 and that the Group planned to adopt it from the fiscal year ending March 2020. The standard requires leases with lease terms exceeding 12 months to be recognised as right-of-use assets and lease liabilities.