Application of IFRS 16 “Leases” to Overseas Subsidiaries
First written in FY2020-Q1. . Latest entry: FY2023.
The whole theme swung hardest in 2025: 4 of 17 companies on the "Worse" side.
24 other companies' latest entry also says "Other".
- FY2023Update to the full-year IFRS 16 adoption amountsAnnual report
「As a result, right-of-use assets increased by ¥124.631 million, lease liabilities under current liabilities increased by ¥5.461 million, and lease liabilities under non-current liabilities increased by ¥120.946 million in the consolidated balance sheet at the end of the fiscal year. The change had no impact on profit or loss for the fiscal year.」
The full-year amounts recognized under IFRS 16, “Leases,” at overseas subsidiaries have been disclosed, with right-of-use assets and lease liabilities recognized and no impact on profit or loss reported. - FY2023-Q3Update to the third-quarter IFRS 16 adoption amountsAnnual report
「As a result, right-of-use assets increased by ¥2.114 million and other current liabilities increased by ¥2.359 million in the consolidated balance sheet for the third quarter. The change had no impact on profit or loss for the cumulative third-quarter period.」
The amounts of increases in right-of-use assets and lease-related liabilities at the end of the third quarter have been updated in connection with the application of IFRS 16, “Leases,” at certain overseas subsidiaries, and the change has been disclosed as having no impact on profit or loss. - FY2020Update to the full-year IFRS 16 adoption amountsAnnual report
「As a result, right-of-use assets increased by ¥72.036 million, lease liabilities under current liabilities increased by ¥13.794 million, and lease liabilities under non-current liabilities increased by ¥58.644 million in the consolidated balance sheet for the fiscal year. The impact of this change on profit or loss for the fiscal year is immaterial.」
The full-year amounts recognized under IFRS 16, “Leases,” at certain overseas subsidiaries have been disclosed, with the impact on profit or loss described as immaterial. - FY2020-Q3Update to the third-quarter IFRS 16 adoption amountsAnnual report
「As a result, right-of-use assets increased by ¥74,414 thousand, other current liabilities by ¥14,292 thousand and other non-current liabilities by ¥60,378 thousand on the consolidated balance sheet for the third quarter. The impact of this change on profit or loss for the cumulative third-quarter period was immaterial.」
The amounts of right-of-use assets and lease-related liabilities recognized at the end of the third quarter have been updated in connection with the application of IFRS 16, “Leases,” at certain overseas subsidiaries. - FY2020-Q2Update to the second-quarter adoption amountsAnnual report
「As a result, right-of-use assets increased by ¥81,305 thousand, other current liabilities by ¥17,047 thousand and other non-current liabilities by ¥64,385 thousand on the consolidated balance sheet for the second quarter. The impact of this change on profit or loss for the cumulative second-quarter period was immaterial.」
The company updated the increases in right-of-use assets and lease-related liabilities on the second-quarter consolidated balance sheet arising from the application of IFRS 16, "Leases," by certain overseas subsidiaries. - FY2020-Q1First statedAnnual report
「Certain overseas subsidiaries in the group have applied IFRS 16, "Leases," from the first quarter of the current consolidated fiscal year. For the application of the standard, the group adopted the permitted transitional method of recognizing the cumulative effect of applying the standard at the date of initial application. As a result, right-of-use assets increased by ¥86,372 thousand, other current liabilities by ¥18,399 thousand and other non-current liabilities by ¥68,032 thousand on the consolidated balance sheet for the first quarter. The impact of this change on profit or loss for the cumulative first-quarter period was immaterial.」
Certain overseas subsidiaries applied IFRS 16, "Leases," from the first quarter of the current consolidated accounting period and recognized right-of-use assets and lease-related liabilities. The impact on profit or loss was immaterial.