Adoption of IFRS 16, Leases, by overseas subsidiaries
First written in FY2021-Q1. 1 of 2 entries say "Restated". Latest entry: FY2021-Q2.
The whole theme swung hardest in 2025: 4 of 17 companies on the "Worse" side.
106 other companies' latest entry also says "Restated".
- FY2021-Q2RestatedAnnual report
「The Group's overseas consolidated subsidiaries have applied IFRS 16, Leases, from the first quarter of the current fiscal year. As a result of applying this standard, right-of-use assets and lease liabilities are generally recognized for lessees' lease transactions, while depreciation of right-of-use assets and interest expense on lease liabilities are recognized.」
The overseas consolidated subsidiaries continue to apply IFRS 16 and recognize right-of-use assets and lease liabilities and record the related expenses. - FY2021-Q1First statedAnnual report
「The Group's overseas consolidated subsidiaries have applied IFRS 16, Leases, from the first quarter of the current fiscal year. As a result of applying this standard, right-of-use assets and lease liabilities are generally recognized for lessees' lease transactions, while depreciation of right-of-use assets and interest expense on lease liabilities are recognized.」
The overseas consolidated subsidiaries applied IFRS 16 from the first quarter, beginning recognition of right-of-use assets and lease liabilities and recording the related depreciation and interest expense. The application increased property, plant and equipment and other assets by ¥133.561 million and other non-current liabilities by ¥132.367 million, among other items.