Adoption of IFRS 16, Leases
First written in FY2020-Q2. 1 of 3 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, in the consolidated balance sheet for the current consolidated fiscal year, lease assets under property, plant and equipment increased by ¥604 million, other current liabilities increased by ¥253 million, and lease obligations under non-current liabilities increased by ¥367 million.」
The application of IFRS 16 resulted in increases of ¥604 million in lease assets, ¥253 million in current liabilities, and ¥367 million in lease obligations. - FY2020-Q3RestatedAnnual report
「Consolidated subsidiaries applying International Financial Reporting Standards have applied International Financial Reporting Standard 16, “Leases” (hereinafter, “IFRS 16”), 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. IFRS 16 is being applied in accordance with the transitional provisions, using the approach of recognizing the cumulative effect of applying the standard at the date of initial application. The impact of applying IFRS 16 on profit or loss for the nine months ended the third quarter of the current consolidated fiscal year was immaterial.」
The application of IFRS 16 and the accounting policy under which lessees recognize leases as assets and liabilities remain in effect. The impact on profit or loss for the nine months ended the third quarter is described as immaterial. - FY2020-Q2First statedAnnual report
「Consolidated subsidiaries applying International Financial Reporting Standards have applied International Financial Reporting Standard 16, “Leases” (hereinafter, “IFRS 16”), 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.」
A consolidated subsidiary applying International Financial Reporting Standards adopted IFRS 16 from the first quarter and changed its accounting policy so that, in principle, all leases are recognized as assets and liabilities on the balance sheet.